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Hornbeck Offshore Services (NYSE:HOS) was downgraded by equities research analysts at Capital One Financial Corp. from an “overweight” rating to an “equal weight” rating in a research note issued to investors on Thursday, TheFlyOnTheWall.com reports.

Hornbeck Offshore Services (NYSE:HOS) opened at 43.15 on Thursday. Hornbeck Offshore Services has a 1-year low of $37.44 and a 1-year high of $59.93. The stock has a 50-day moving average of $42.9 and a 200-day moving average of $42.29. The company has a market cap of $1.567 billion and a P/E ratio of 12.69.

Hornbeck Offshore Services (NYSE:HOS) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.36. The company had revenue of $171.10 million for the quarter, compared to the consensus estimate of $149.10 million. During the same quarter in the prior year, the company posted $0.65 earnings per share. The company’s quarterly revenue was up 24.2% on a year-over-year basis. On average, analysts predict that Hornbeck Offshore Services will post $2.76 earnings per share for the current fiscal year.

A number of other analysts have also recently weighed in on HOS. Analysts at Morgan Stanley downgraded shares of Hornbeck Offshore Services from an “equal weight” rating to an “underweight” rating in a research note on Monday, August 4th. Separately, analysts at Cowen and Company raised their price target on shares of Hornbeck Offshore Services to $58.00 in a research note on Friday, August 1st. Finally, analysts at Zacks upgraded shares of Hornbeck Offshore Services from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 29th. They now have a $43.30 price target on the stock. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company’s stock. Hornbeck Offshore Services presently has a consensus rating of “Hold” and an average target price of $57.03.

Hornbeck Offshore Services, Inc, is a provider of marine transportation services to exploration and production, oilfield service, offshore construction and United States military customers.

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