Hornbeck Offshore Services (NYSE:HOS)’s share price rose 2.1% during trading on Friday . The company traded as high as $5.76 and last traded at $5.45, with a volume of 473,674 shares. The stock had previously closed at $5.34.

HOS has been the subject of a number of research reports. Iberia Capital cut shares of Hornbeck Offshore Services from a “sector perform” rating to an “underperform” rating in a research note on Friday, August 5th. Zacks Investment Research cut shares of Hornbeck Offshore Services from a “hold” rating to a “sell” rating in a research note on Thursday, July 14th. TheStreet cut shares of Hornbeck Offshore Services from a “hold” rating to a “sell” rating in a research note on Wednesday, August 3rd. Stephens raised shares of Hornbeck Offshore Services from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, May 11th. Finally, Clarkson Capital raised shares of Hornbeck Offshore Services from a “sell” rating to a “neutral” rating in a research note on Friday, May 13th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $12.39.

The firm’s 50 day moving average is $7.21 and its 200 day moving average is $8.68. The stock’s market capitalization is $199.12 million.

Hornbeck Offshore Services (NYSE:HOS) last released its earnings results on Wednesday, August 3rd. The company reported ($0.57) EPS for the quarter, missing analysts’ consensus estimates of ($0.39) by $0.18. During the same quarter last year, the firm posted $0.53 EPS. The business had revenue of $53.67 million for the quarter, compared to the consensus estimate of $66.74 million. The company’s revenue for the quarter was down 60.7% compared to the same quarter last year. Equities analysts expect that Hornbeck Offshore Services will post ($1.93) earnings per share for the current fiscal year.

A hedge fund recently raised its stake in Hornbeck Offshore Services stock. I.G. Investment Management LTD. increased its stake in shares of Hornbeck Offshore Services (NYSE:HOS) by 101.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 753,900 shares of the company’s stock after buying an additional 378,900 shares during the period. I.G. Investment Management LTD. owned 2.10% of Hornbeck Offshore Services worth $7,494,000 at the end of the most recent reporting 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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