Hornbeck Offshore Services (NYSE:HOS)’s share price traded down 2.6% during trading on Monday . The stock traded as low as $5.12 and last traded at $5.15, with a volume of 616,473 shares changing hands. The stock had previously closed at $5.29.

Several equities analysts recently commented on the stock. Zacks Investment Research lowered shares of Hornbeck Offshore Services from a “hold” rating to a “sell” rating in a report on Thursday, July 14th. Iberia Capital lowered shares of Hornbeck Offshore Services from a “sector perform” rating to an “underperform” rating in a report on Friday, August 5th. Finally, TheStreet lowered shares of Hornbeck Offshore Services from a “hold” rating to a “sell” rating in a report on Wednesday, August 3rd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $12.39.

The company has a 50 day moving average of $5.71 and a 200-day moving average of $8.44. The company’s market capitalization is $186.04 million.

Hornbeck Offshore Services (NYSE:HOS) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported ($0.57) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.39) by $0.18. The company earned $53.67 million during the quarter, compared to the consensus estimate of $66.74 million. Hornbeck Offshore Services had a negative return on equity of 1.60% and a negative net margin of 4.87%. The company’s revenue for the quarter was down 60.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.53 earnings per share. Equities analysts predict that Hornbeck Offshore Services will post ($1.93) earnings per share for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the company. Louisiana State Employees Retirement System boosted its position in shares of Hornbeck Offshore Services by 0.7% in the second quarter. Louisiana State Employees Retirement System now owns 14,300 shares of the company’s stock valued at $119,000 after buying an additional 100 shares during the last quarter. Arizona State Retirement System boosted its position in shares of Hornbeck Offshore Services by 1.8% in the second quarter. Arizona State Retirement System now owns 16,703 shares of the company’s stock valued at $139,000 after buying an additional 300 shares during the last quarter. California State Teachers Retirement System boosted its position in shares of Hornbeck Offshore Services by 0.7% in the second quarter. California State Teachers Retirement System now owns 68,213 shares of the company’s stock valued at $569,000 after buying an additional 491 shares during the last quarter. Gagnon Securities LLC boosted its position in shares of Hornbeck Offshore Services by 7.8% in the first quarter. Gagnon Securities LLC now owns 12,079 shares of the company’s stock valued at $120,000 after buying an additional 869 shares during the last quarter. Finally, United Services Automobile Association boosted its position in shares of Hornbeck Offshore Services by 4.9% in the second quarter. United Services Automobile Association now owns 27,350 shares of the company’s stock valued at $228,000 after buying an additional 1,270 shares during the last quarter.

Hornbeck Offshore Services Company Profile

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.

5 Day Chart for NYSE:HOS

Receive News & Ratings for Hornbeck Offshore Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hornbeck Offshore Services and related companies with MarketBeat.com's FREE daily email newsletter.