News headlines about Hornbeck Offshore Services (NYSE:HOS) have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hornbeck Offshore Services earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news articles about the oil and gas company an impact score of 45.7234565228209 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Hornbeck Offshore Services stock traded down $0.01 on Monday, hitting $3.22. 113,727 shares of the stock were exchanged, compared to its average volume of 305,499. The firm has a market capitalization of $119.99, a price-to-earnings ratio of 4.74 and a beta of 1.27. The company has a debt-to-equity ratio of 0.75, a current ratio of 5.08 and a quick ratio of 5.08. Hornbeck Offshore Services has a 1-year low of $1.51 and a 1-year high of $4.87.
Hornbeck Offshore Services (NYSE:HOS) last announced its quarterly earnings data on Wednesday, February 7th. The oil and gas company reported ($0.44) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.73) by $0.29. The business had revenue of $56.20 million during the quarter, compared to analyst estimates of $40.65 million. Hornbeck Offshore Services had a net margin of 14.33% and a negative return on equity of 6.73%. The firm’s revenue for the quarter was up 34.1% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.53) earnings per share. equities research analysts predict that Hornbeck Offshore Services will post -2.65 earnings per share for the current year.
A number of research analysts have weighed in on HOS shares. Zacks Investment Research lowered shares of Hornbeck Offshore Services from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. ValuEngine lowered shares of Hornbeck Offshore Services from a “sell” rating to a “strong sell” rating in a research report on Sunday, December 31st. Finally, Credit Suisse Group lowered shares of Hornbeck Offshore Services from a “neutral” rating to an “underperform” rating and set a $2.00 price objective for the company. in a research report on Friday, January 12th. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $3.33.
About Hornbeck Offshore Services
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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