Shares of Hornbeck Offshore Services (NYSE:HOS) traded down 3.6% during mid-day trading on Wednesday . The company traded as low as $5.56 and last traded at $5.64, with a volume of 332,538 shares changing hands. The stock had previously closed at $5.85.

A number of analysts have issued reports on the company. Capital One Financial Corp. lowered Hornbeck Offshore Services from an “overweight” rating to an “equal weight” rating in a report on Thursday, May 5th. Zacks Investment Research raised Hornbeck Offshore Services from a “sell” rating to a “hold” rating in a report on Wednesday, April 27th. Stephens raised Hornbeck Offshore Services from an “underweight” rating to an “equal weight” rating in a report on Wednesday, May 11th. Iberia Capital lowered Hornbeck Offshore Services from a “sector perform” rating to an “underperform” rating in a report on Friday, August 5th. Finally, Clarkson Capital raised Hornbeck Offshore Services from a “sell” rating to a “neutral” rating in a report on Friday, May 13th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. Hornbeck Offshore Services currently has an average rating of “Hold” and a consensus price target of $12.39.

The stock’s 50-day moving average is $7.37 and its 200 day moving average is $8.73. The firm’s market capitalization is $197.67 million.

Hornbeck Offshore Services (NYSE:HOS) last released its quarterly earnings data on Wednesday, August 3rd. The company reported ($0.57) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.39) by $0.18. The business earned $53.67 million during the quarter, compared to analysts’ expectations of $66.74 million. During the same quarter last year, the company earned $0.53 EPS. The firm’s revenue for the quarter was down 60.7% on a year-over-year basis. Analysts expect that Hornbeck Offshore Services will post ($1.92) earnings per share for the current year.

A hedge fund recently raised its stake in Hornbeck Offshore Services stock. Schwab Charles Investment Management Inc. raised its stake in shares of Hornbeck Offshore Services (NYSE:HOS) by 10.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 189,389 shares of the company’s stock after buying an additional 18,355 shares during the period. Schwab Charles Investment Management Inc. owned approximately 0.53% of Hornbeck Offshore Services worth $1,883,000 as of its most recent SEC filing.

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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