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Hornbeck Offshore Services (NYSE:HOS) has received an average rating of “Hold” from the sixteen brokerages that are currently covering the company, AnalystRatings.NET reports. Two investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $57.03.

Several analysts have recently commented on the stock. Analysts at Capital One Financial Corp. downgraded shares of Hornbeck Offshore Services from an “overweight” rating to an “equal weight” rating in a research note on Thursday, August 21st. Separately, 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. Finally, 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.

Shares of Hornbeck Offshore Services (NYSE:HOS) traded down 0.21% during mid-day trading on Thursday, hitting $43.09. 87,289 shares of the company’s stock traded hands. Hornbeck Offshore Services has a 1-year low of $37.44 and a 1-year high of $59.93. The stock’s 50-day moving average is $42.67 and its 200-day moving average is $42.32. The company has a market cap of $1.565 billion and a P/E ratio of 12.70.

Hornbeck Offshore Services (NYSE:HOS) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.85 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.65 earnings per share. Hornbeck Offshore Services’s revenue was up 24.2% compared to the same quarter last year. On average, analysts predict that Hornbeck Offshore Services will post $2.77 earnings per share for the current fiscal year.

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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