Hornbeck Offshore Services (NYSE:HOS)’s share price was up 5.3% on Monday . The company traded as high as $5.81 and last traded at $5.79, with a volume of 1,541,163 shares. The stock had previously closed at $5.50.

A number of equities analysts have recently weighed in on HOS shares. Morgan Stanley upgraded Hornbeck Offshore Services from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $8.50 to $12.50 in a research note on Wednesday, April 20th. Barclays PLC downgraded Hornbeck Offshore Services from an “overweight” rating to an “equal weight” rating and set a $11.00 target price on the stock. in a research note on Wednesday, April 20th. Stephens upgraded Hornbeck Offshore Services from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, May 11th. Capital One Financial Corp. downgraded Hornbeck Offshore Services from an “overweight” rating to an “equal weight” rating in a research note on Thursday, May 5th. Finally, Zacks Investment Research upgraded Hornbeck Offshore Services from a “sell” rating to a “hold” rating in a research note on Wednesday, April 27th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $12.39.

The firm’s market cap is $210.39 million. The stock’s 50 day moving average price is $7.82 and its 200 day moving average price is $8.82.

Hornbeck Offshore Services (NYSE:HOS) last announced its earnings results on Wednesday, August 3rd. The company reported ($0.57) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.39) by $0.18. The business had revenue of $53.67 million for the quarter, compared to analyst estimates of $66.74 million. During the same period last year, the company earned $0.53 earnings per share. The business’s quarterly revenue was down 60.7% on a year-over-year basis. Equities analysts forecast that Hornbeck Offshore Services will post ($1.91) earnings per share for the current fiscal year.

Several large investors have recently made changes to their positions in HOS. Systematic Financial Management LP purchased a new stake in shares of Hornbeck Offshore Services during the fourth quarter valued at $1,787,000. First Trust Advisors LP increased its stake in shares of 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 increased its stake in shares of 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. increased its stake in shares of 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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