Hornbeck Offshore Services (NYSE:HOS – Get Free Report) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday, Wall Street Zen reports.
Hornbeck Offshore Services Trading Down 0.2%
Shares of HOS stock opened at $7.08 on Friday. The company has a current ratio of 3.47, a quick ratio of 3.47 and a debt-to-equity ratio of 0.19. Hornbeck Offshore Services has a 1 year low of $6.11 and a 1 year high of $11.13. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 26.23 and a beta of 1.23.
Hornbeck Offshore Services (NYSE:HOS – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.15 EPS for the quarter. Hornbeck Offshore Services had a net margin of 3.04% and a return on equity of 2.95%. The firm had revenue of $304.02 million for the quarter. On average, equities research analysts predict that Hornbeck Offshore Services will post 0.28 earnings per share for the current fiscal year.
Institutional Trading of Hornbeck Offshore Services
Institutional investors and hedge funds have recently bought and sold shares of the stock. Assenagon Asset Management S.A. acquired a new position in Hornbeck Offshore Services during the third quarter valued at approximately $15,012,000. Nisa Investment Advisors LLC bought a new position in Hornbeck Offshore Services in the third quarter valued at approximately $542,000. Yousif Capital Management LLC acquired a new position in shares of Hornbeck Offshore Services during the 3rd quarter worth approximately $269,000. State of Alaska Department of Revenue acquired a new position in shares of Hornbeck Offshore Services during the 3rd quarter worth approximately $212,000. Finally, Steinberganna Wealth Management acquired a new position in shares of Hornbeck Offshore Services during the 3rd quarter worth approximately $189,000. Institutional investors own 91.33% of the company’s stock.
Hornbeck Offshore Services Company Profile
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