Hornbeck Offshore Services (NYSE:HOS) shares reached a new 52-week low during trading on Thursday . The company traded as low as $5.11 and last traded at $5.15, with a volume of 574,962 shares trading hands. The stock had previously closed at $5.47.

HOS has been the topic of a number of recent research reports. Stephens upgraded shares of Hornbeck Offshore Services from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, May 11th. Zacks Investment Research upgraded shares of Hornbeck Offshore Services from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 11th. Clarkson Capital upgraded shares of Hornbeck Offshore Services from a “sell” rating to a “neutral” rating in a research note on Friday, May 13th. TheStreet lowered shares of Hornbeck Offshore Services from a “hold” rating to a “sell” rating in a research note on Wednesday, August 3rd. Finally, Iberia Capital lowered shares of Hornbeck Offshore Services from a “sector perform” rating to an “underperform” rating in a research note on Friday, August 5th. Two investment 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 company currently has a consensus rating of “Hold” and an average price target of $12.39.

The company’s market cap is $186.77 million. The company has a 50 day moving average price of $6.71 and a 200-day moving average price of $8.62.

Hornbeck Offshore Services (NYSE:HOS) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported ($0.57) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.39) by $0.18. The firm had revenue of $53.67 million for the quarter, compared to the consensus estimate of $66.74 million. During the same quarter in the prior year, the firm posted $0.53 EPS. The business’s revenue was down 60.7% on a year-over-year basis. On average, analysts forecast that Hornbeck Offshore Services will post ($1.93) EPS for the current year.

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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