Zacks: Hermitage Offshore Services Ltd. (NYSE:PSV) Receives Average Recommendation of “Strong Buy” from Brokerages

Hermitage Offshore Services Ltd. (NYSE:PSV) has been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.

Brokerages have set a 1-year consensus price target of $5.00 for the company, according to Zacks. Zacks has also assigned Hermitage Offshore Services an industry rank of 153 out of 256 based on the ratings given to related companies.

PSV stock traded down $0.03 during trading on Friday, hitting $1.38. 10,919 shares of the stock traded hands, compared to its average volume of 15,088. Hermitage Offshore Services has a 1 year low of $1.31 and a 1 year high of $10.50.

Hermitage Offshore Services (NYSE:PSV) last announced its quarterly earnings data on Wednesday, September 4th. The company reported ($0.20) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.14) by ($0.06). Hermitage Offshore Services had a negative net margin of 658.25% and a negative return on equity of 30.29%. The firm had revenue of $12.71 million for the quarter.

Hermitage Offshore Services Company Profile

Hermitage Offshore Services Ltd. operates as an offshore support vessel company. As of June 6, 2019, it had a fleet of 23 vessels, including 10 platform supply vessels, 2 anchor handling tug supply vessels, and 11 crew boats. The company's vessels primarily operate in the North Sea or the West Coast of Africa.

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