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 changing hands. The stock had previously closed at $5.34.

HOS has been the topic of a number of recent research reports. 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 cut shares of Hornbeck Offshore Services from a “hold” rating to a “sell” rating in a report on Wednesday, July 20th. TheStreet cut shares of Hornbeck Offshore Services from a “hold” rating to a “sell” rating in a report on Wednesday, August 3rd. Capital One Financial Corp. cut shares of Hornbeck Offshore Services from an “overweight” rating to an “equal weight” rating in a report on Thursday, May 5th. Finally, Iberia Capital cut shares of Hornbeck Offshore Services from a “sector perform” rating to an “underperform” rating in a report on Friday, August 5th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. Hornbeck Offshore Services has an average rating of “Hold” and an average price target of $12.39.

The company has a 50 day moving average of $7.14 and a 200 day moving average of $8.67. The company’s market cap 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 the Thomson Reuters’ consensus estimate of ($0.39) by $0.18. During the same period in the prior year, the business posted $0.53 EPS. The firm earned $53.67 million during the quarter, compared to the consensus estimate of $66.74 million. The company’s revenue was down 60.7% on a year-over-year basis. Equities research analysts predict 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. raised its stake in shares of Hornbeck Offshore Services (NYSE:HOS) by 101.0% during the fourth quarter, according to its most recent Form 13F 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 approximately 2.10% of Hornbeck Offshore Services worth $7,494,000 as of its most recent filing with the SEC.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.