Hornbeck Offshore Services, Inc. (NYSE:HOS) shares hit a new 52-week low on Thursday . The stock traded as low as $2.63 and last traded at $2.67, with a volume of 4172 shares. The stock had previously closed at $2.84.

HOS has been the topic of several research reports. Zacks Investment Research upgraded shares of Hornbeck Offshore Services from a “sell” rating to a “hold” rating in a research report on Wednesday, October 3rd. ValuEngine upgraded shares of Hornbeck Offshore Services from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, October 2nd.

The stock has a market cap of $100.76 million, a P/E ratio of -1.08 and a beta of 1.91. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.74.

Hornbeck Offshore Services (NYSE:HOS) last released its quarterly earnings results on Wednesday, October 31st. The oil and gas company reported ($0.78) EPS for the quarter, missing the consensus estimate of ($0.70) by ($0.08). The business had revenue of $58.47 million during the quarter, compared to analyst estimates of $61.23 million. Hornbeck Offshore Services had a negative net margin of 0.54% and a negative return on equity of 7.90%. Research analysts expect that Hornbeck Offshore Services, Inc. will post -3.18 EPS for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in the company. Mackenzie Financial Corp grew its position in shares of Hornbeck Offshore Services by 13.7% in the third quarter. Mackenzie Financial Corp now owns 1,932,909 shares of the oil and gas company’s stock valued at $11,366,000 after purchasing an additional 232,909 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Hornbeck Offshore Services by 20.0% in the third quarter. Vanguard Group Inc. now owns 1,476,554 shares of the oil and gas company’s stock valued at $8,682,000 after purchasing an additional 246,050 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of Hornbeck Offshore Services by 36.8% in the third quarter. Renaissance Technologies LLC now owns 681,540 shares of the oil and gas company’s stock valued at $4,007,000 after purchasing an additional 183,500 shares during the last quarter. Northern Trust Corp grew its position in shares of Hornbeck Offshore Services by 18.5% in the second quarter. Northern Trust Corp now owns 129,572 shares of the oil and gas company’s stock valued at $513,000 after purchasing an additional 20,256 shares during the last quarter. Finally, Bridgeway Capital Management Inc. acquired a new stake in shares of Hornbeck Offshore Services in the third quarter valued at approximately $671,000. Institutional investors and hedge funds own 62.47% of the company’s stock.

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Hornbeck Offshore Services Company Profile (NYSE:HOS)

Hornbeck Offshore Services, Inc, together with its subsidiaries, provides marine transportation, subsea installation, and accommodation support services to exploration and production, oilfield service, offshore construction, and the U.S. military customers. It operates offshore supply vessels (OSVs), multi-purpose support vessels (MPSVs), and a shore-based facility to provide logistics support and specialty services to the offshore oil and gas exploration and production industry, primarily in the U.S.

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