Hornbeck Offshore Services (NYSE:HOS) traded up 9.5% during trading on Monday . The company traded as high as $6.61 and last traded at $6.56, with a volume of 1,214,290 shares trading hands. The stock had previously closed at $5.99.

A number of equities research analysts have recently commented on the stock. Iberia Capital cut shares of Hornbeck Offshore Services from a “sector perform” rating to an “underperform” rating in a report on Friday, August 5th. TheStreet cut shares of Hornbeck Offshore Services from a “hold” rating to a “sell” rating in a report on Wednesday, August 3rd. Zacks Investment Research cut shares of Hornbeck Offshore Services from a “hold” rating to a “sell” rating in a report on Wednesday, July 20th. Clarkson Capital raised shares of Hornbeck Offshore Services from a “sell” rating to a “neutral” rating in a report on Friday, May 13th. Finally, Stephens raised shares of Hornbeck Offshore Services from an “underweight” rating to an “equal weight” rating in a report on Wednesday, May 11th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $12.39.

The company’s market capitalization is $222.59 million. The stock’s 50-day moving average price is $8.21 and its 200 day moving average price is $8.88.

Hornbeck Offshore Services (NYSE:HOS) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported ($0.57) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.39) by $0.18. The business had revenue of $53.67 million for the quarter, compared to the consensus estimate of $66.74 million. During the same period in the prior year, the company posted $0.53 earnings per share. Hornbeck Offshore Services’s quarterly revenue was down 60.7% compared to the same quarter last year. Equities analysts anticipate that Hornbeck Offshore Services will post ($1.83) EPS for the current year.

Several hedge funds and institutional investors have bought and sold shares of the stock. Systematic Financial Management LP acquired a new position in Hornbeck Offshore Services during the fourth quarter valued at approximately $1,787,000. First Trust Advisors LP raised 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 valued at $2,017,000 after buying an additional 30,016 shares during the period. State of Wisconsin Investment Board raised 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 valued at $2,545,000 after buying an additional 2,332 shares during the period. Finally, I.G. Investment Management LTD. raised 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 valued at $7,494,000 after buying an additional 378,900 shares during the period.

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.

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