Media headlines about Hornbeck Offshore Services (NYSE:HOS) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hornbeck Offshore Services earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave news headlines about the oil and gas company an impact score of 46.4414432055177 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news stories that may have effected Accern’s scoring:
Shares of Hornbeck Offshore Services (NYSE:HOS) traded up $0.02 during trading hours on Wednesday, hitting $3.91. The stock had a trading volume of 193,063 shares, compared to its average volume of 353,812. The company has a quick ratio of 3.61, a current ratio of 3.61 and a debt-to-equity ratio of 0.75. Hornbeck Offshore Services has a 1-year low of $1.51 and a 1-year high of $6.80. The stock has a market cap of $145.98, a PE ratio of 5.75 and a beta of 1.32.
Hornbeck Offshore Services (NYSE:HOS) last issued its earnings results on Wednesday, February 7th. The oil and gas company reported ($0.44) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.73) by $0.29. The business had revenue of $56.20 million during the quarter, compared to analysts’ expectations of $40.65 million. Hornbeck Offshore Services had a negative return on equity of 6.73% and a net margin of 14.33%. The company’s revenue for the quarter was up 34.1% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.53) EPS. research analysts expect that Hornbeck Offshore Services will post -2.65 EPS for the current year.
HOS has been the subject of a number of research reports. Zacks Investment Research upgraded Hornbeck Offshore Services from a “hold” rating to a “buy” rating and set a $4.50 target price for the company in a report on Monday, November 6th. ValuEngine cut Hornbeck Offshore Services from a “sell” rating to a “strong sell” rating in a report on Sunday, December 31st. Finally, Credit Suisse Group cut Hornbeck Offshore Services from a “neutral” rating to an “underperform” rating and set a $2.00 target price for the company. in a report on Friday, January 12th. Three research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. The stock has an average rating of “Hold” and an average target price of $3.33.
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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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