Hornbeck Offshore Services, Inc. (NYSE:HOS)’s share price reached a new 52-week high on Tuesday . The company traded as high as $5.42 and last traded at $5.35, with a volume of 8349 shares traded. The stock had previously closed at $5.13.

A number of equities research analysts recently commented on HOS shares. ValuEngine upgraded Hornbeck Offshore Services from a “hold” rating to a “buy” rating in a research report on Wednesday. Zacks Investment Research upgraded Hornbeck Offshore Services from a “hold” rating to a “buy” rating and set a $4.50 target price on the stock in a research report on Tuesday, August 7th. Finally, Clarkson Capital upgraded Hornbeck Offshore Services from a “neutral” rating to a “buy” rating in a research report on Friday, June 22nd.

The company has a quick ratio of 3.00, a current ratio of 3.00 and a debt-to-equity ratio of 0.79.

Hornbeck Offshore Services (NYSE:HOS) last posted its earnings results on Wednesday, August 1st. The oil and gas company reported ($0.67) EPS for the quarter, topping analysts’ consensus estimates of ($0.73) by $0.06. The company had revenue of $58.43 million for the quarter, compared to the consensus estimate of $56.50 million. Hornbeck Offshore Services had a negative return on equity of 7.13% and a net margin of 5.27%. equities research analysts predict that Hornbeck Offshore Services, Inc. will post -3.12 EPS for the current fiscal year.

Several large investors have recently bought and sold shares of HOS. Renaissance Technologies LLC lifted its position in shares of Hornbeck Offshore Services by 100.4% in the second quarter. Renaissance Technologies LLC now owns 498,040 shares of the oil and gas company’s stock worth $1,972,000 after buying an additional 249,500 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Hornbeck Offshore Services by 722.0% in the first quarter. JPMorgan Chase & Co. now owns 201,713 shares of the oil and gas company’s stock worth $587,000 after buying an additional 177,174 shares in the last quarter. Millennium Management LLC lifted its position in shares of Hornbeck Offshore Services by 59.1% in the first quarter. Millennium Management LLC now owns 404,031 shares of the oil and gas company’s stock worth $1,176,000 after buying an additional 150,066 shares in the last quarter. Sheets Smith Wealth Management purchased a new stake in shares of Hornbeck Offshore Services in the second quarter worth about $220,000. Finally, Royal Bank of Canada lifted its position in shares of Hornbeck Offshore Services by 154.1% in the first quarter. Royal Bank of Canada now owns 48,550 shares of the oil and gas company’s stock worth $141,000 after buying an additional 29,440 shares in the last quarter. Institutional investors own 60.73% of the company’s stock.

About Hornbeck Offshore Services (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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