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

Several equities analysts have recently issued reports on HOS shares. Capital One Financial Corp. lowered shares of Hornbeck Offshore Services from an “overweight” rating to an “equal weight” rating in a report on Thursday, May 5th. Stephens raised shares of Hornbeck Offshore Services from an “underweight” rating to an “equal weight” rating in a report on Wednesday, May 11th. Clarkson Capital raised shares of Hornbeck Offshore Services from a “sell” rating to a “neutral” rating in a report on Friday, May 13th. Zacks Investment Research lowered shares of Hornbeck Offshore Services from a “hold” rating to a “sell” rating in a report on Thursday, July 14th. Finally, TheStreet lowered shares of Hornbeck Offshore Services from a “hold” rating to a “sell” rating in a report on Wednesday, August 3rd. Two 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. The stock has a consensus rating of “Hold” and a consensus price target of $12.39.

The firm’s market cap is $194.03 million. The company has a 50 day moving average of $7.21 and a 200 day moving average of $8.68.

Hornbeck Offshore Services (NYSE:HOS) last issued its quarterly earnings data on Wednesday, August 3rd. The company reported ($0.57) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.39) by $0.18. During the same period in the prior year, the company earned $0.53 EPS. The firm had revenue of $53.67 million for the quarter, compared to analysts’ expectations of $66.74 million. Hornbeck Offshore Services’s revenue was down 60.7% on a year-over-year basis. Equities analysts anticipate that Hornbeck Offshore Services will post ($1.93) earnings per share for the current fiscal year.

An institutional investor recently raised its position in Hornbeck Offshore Services stock. Schwab Charles Investment Management Inc. boosted its position 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 institutional investor 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 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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