Economy

Hornbeck Offshore Services (NYSE:HOS) Sees Volatile Trading - Down by 2.86%

Investors sentiment decreased to 0.38 in Q2 2017. A total volume of 1.12 million shares were traded versus to average volume of 0.77 million shares. Seaport Global Securities reaffirmed a "neutral" rating on shares of Hornbeck Offshore Services in a research report on Monday, August 7th. Sold All: 59 Reduced: 26 Increased: 11 New Position: 21. (NYSE:HOS) for 1.02 million shares. Credit Suisse Ag has invested 0% in Hornbeck Offshore Services, Inc. 1,256,999 shares of the company were exchanged. Brookfield Asset Mngmt Inc holds 350,000 shares. Northern Tru holds 102,662 shares. Caspian Cap L P reported 758,800 shares or 0.25% of all its holdings. Us State Bank De owns 100 shares for 0% of their portfolio. The shares price has directed -17.06% toward a lower level throughout a year ago and swapped 67.86% toward a strong spot during past one month.

Technical Indicators of Hornbeck Offshore Services, Inc.

At the end of June 2017 reporting period, 35 institutional holders increased their position in Hornbeck Offshore Services, Inc. Advisors Asset Management Inc., a Colorado-based fund reported 390,350 shares. Creative Planning stated it has 1,000 shares. Moreover, Cyrus Capital Partners L.P. has 1.25% invested in the company for 3.58 million shares. 770,045 stocks of the company transacted hands. The company generated a return on equity (ROE) of -6.00%. (NYSE:HOS) is a huge mover today! The stock declined 7.09% or $0.3 reaching $3.93 per share. About 486,721 shares traded. Cowen & Co downgraded Hornbeck Offshore Services, Inc. It has underperformed by 87.80% the S&P500.The move comes after 5 months negative chart setup for the $143.30M company. (NYSE:HOS) for 190,128 shares.

Analysts await Hornbeck Offshore Services, Inc.

HOS has been the topic of several analyst reports. They expect $-0.76 EPS, down 68.89 % or $0.31 from last year's $-0.45 per share. With 448,900 avg volume, 19 days are for Hornbeck Offshore Services Incorporated (NYSE:HOS)'s short sellers to cover HOS's short positions.

COPYRIGHT VIOLATION WARNING: "Hornbeck Offshore Services (HOS) Raised to "Hold" at Zacks Investment Research" was first posted by BBNS and is owned by of BBNS.

Ratings analysis reveals 8% of Hornbeck Offshore's analysts are positive. (NYSE:HOS) has "Underperform" rating given on Friday, August 5 by Iberia Capital Partners. Cowen & Co has "Market Perform" rating and $8.50 target. The rating was downgraded by Barclays Capital on Wednesday, April 20 to "Equal-Weight". Can increased its stake in shares of Hornbeck Offshore Services by 12.6% in the first quarter. (NYSE:HOS) on Tuesday, February 23 with "Overweight" rating. Hightower Advsrs Ltd Liability Com accumulated 13,520 shares or 0% of the stock. (NYSE:HOS) earned "Underweight" rating by Stephens on Wednesday, March 9. The firm has "Equal-Weight" rating given on Wednesday, April 20 by Morgan Stanley. The firm earned "Hold" rating on Wednesday, August 2 by Piper Jaffray.

Traders are a little more bullish on the company at least if you consider the downtick in short interest.

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 firm's market capitalization is $147.74 million. The Company focuses on providing marine solutions to meet the needs of the deepwater and ultradeepwater energy industry in domestic and select foreign locations.

Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 0.11, and a price to sales ratio of 0.94. The oil and gas company reported ($0.82) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.79) by ($0.03).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.



Like this

loading...
loading...

Latest


27 September 2017
Tourist Saves Bus From Cliff Disaster
The bus had driven into a barrier on the road before coming to a stop, and four people were taken to hospital. The bus then gathered speed, repeatedly colliding with the mountainside lining the road.

27 September 2017
Trump using sports to try and divide us - LeBron James
Sports is so unbelievable , what sports can do for everyone, no matter shape, size, race; brings people together like no other. LeBron James said he supported Kyrie Irving while he was a member of the Cleveland Cavaliers , but he won't help him out now.

27 September 2017
Lennox International Inc (NYSE:LII) Sentiment Up in 2017 Q2
BidaskClub raised Lennox International from a "hold" rating to a "buy" rating in a research note on Thursday, June 15th. Lennox International, Inc . declared a dividend for shareholders that will be paid on Monday the 16th of October 2017.

27 September 2017
Blue Jays hold off Red Sox in 6-4 win
The Blue Jays helped Boston out by taking two of three from the Yankees over the weekend and are 9-6 in their last 15 games. Boston 2B Dustin Pedroia rested a sore knee and is expected to play Tuesday. "We love the fact that we are back home".

27 September 2017
New 'Star Trek: Discovery' Series Boldly Goes Up Most Pirated List
Considering your background, I would think you the last person to make assumptions based on race. Though the episode starts too slowly, momentum builds steadily and inexorably.

27 September 2017
Neymar fit to face Bayern Munich, Paris Saint-Germain's penalty row resurfaces
PARIS SAINT-GERMAIN were reportedly told to sell eight players or face expulsion from the Champions League . I am convinced we can get something out of this game'.

27 September 2017
RFU anxious player strike could happen
Sometimes you don't agree on this stuff but we'll find a way through it so that everyone is at least in the right place. Some consideration has been going on for a while around what could be but it is not locked down or set in stone yet".

27 September 2017
TTM Technologies, Inc. (NASDAQ:TTMI) Sees Unusual Trading Volume in Its Shares
Comparing the number of shares sold short to the float is a method analysts often use to get a reading on investor sentiment. The firm had revenue of $627.20 million during the quarter, compared to analysts' expectations of $625.43 million.

27 September 2017
Earnings Reaction History: American Airlines Group Inc
Today, Cowen and Company reiterated its Outperform rating on American Airlines Group (NASDAQ: AAL ) with a price target of $55.00. Finally, Raymond James Financial Services Advisors Inc. grew its stake in American Airlines Group by 48.3% in the 1st quarter.

27 September 2017
Nathaniel Chalobah: Watford midfielder needs knee surgery
Chalobah , bought for £5million from the Blues in the summer, had made an impressive start to his career in Hertfordshire. Gareth Southgate is facing a major midfield crisis ahead of Thursday's England squad announcement.