Hornbeck Offshore Services (NYSE:HOS)’s share price fell 4.8% on Tuesday . The stock traded as low as $8.42 and last traded at $8.42, with a volume of 237,138 shares. The stock had previously closed at $8.84.

Several research firms recently weighed in on HOS. Zacks Investment Research cut Hornbeck Offshore Services from a “hold” rating to a “sell” rating in a research report on Thursday, July 14th. Clarkson Capital raised Hornbeck Offshore Services from a “sell” rating to a “neutral” rating in a research report on Friday, May 13th. Stephens raised Hornbeck Offshore Services from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, May 11th. Capital One Financial Corp. cut Hornbeck Offshore Services from an “overweight” rating to an “equal weight” rating in a research report on Thursday, May 5th. Finally, Morgan Stanley raised Hornbeck Offshore Services from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from $8.50 to $12.50 in a research report on Wednesday, April 20th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $13.65.

The stock has a 50-day moving average price of $8.80 and a 200 day moving average price of $8.95. The company has a market capitalization of $303.25 million and a price-to-earnings ratio of 12.97.

Hornbeck Offshore Services (NYSE:HOS) last posted its quarterly earnings results on Wednesday, May 4th. The company reported ($0.21) EPS for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.06. During the same quarter in the previous year, the business posted $0.42 EPS. The business had revenue of $76.80 million for the quarter, compared to the consensus estimate of $79.29 million. The company’s revenue for the quarter was down 42.9% on a year-over-year basis. Equities analysts predict that Hornbeck Offshore Services will post ($1.45) earnings per share for the current year.

A number of institutional investors have bought and sold shares of the company. I.G. Investment Management LTD. boosted its position in Hornbeck Offshore Services by 101.0% in the fourth quarter. I.G. Investment Management LTD. now owns 753,900 shares of the company’s stock worth $7,494,000 after buying an additional 378,900 shares during the last quarter. Systematic Financial Management LP acquired a new position in Hornbeck Offshore Services during the fourth quarter worth approximately $1,787,000. First Trust Advisors LP boosted its position in Hornbeck Offshore Services by 17.4% in the fourth quarter. First Trust Advisors LP now owns 202,967 shares of the company’s stock worth $2,017,000 after buying an additional 30,016 shares during the last quarter. Columbia Wanger Asset Management LLC boosted its position in Hornbeck Offshore Services by 12.5% in the fourth quarter. Columbia Wanger Asset Management LLC now owns 218,401 shares of the company’s stock worth $2,171,000 after buying an additional 24,311 shares during the last quarter. Finally, State of Wisconsin Investment Board boosted its position in Hornbeck Offshore Services by 0.9% in the fourth quarter. State of Wisconsin Investment Board now owns 255,990 shares of the company’s stock worth $2,545,000 after buying an additional 2,332 shares during the last quarter.

Hornbeck Offshore Services Inc provides marine transportation, subsea installation and accommodation support services to exploration and production, oilfield service, offshore construction and the United States military customers. The Company focuses on providing marine solutions for the deepwater and ultradeepwater energy industry in domestic and select foreign locations.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.