Somewhat Favorable News Coverage Somewhat Unlikely to Affect Hornbeck Offshore Services (HOS) Share Price

Media headlines about Hornbeck Offshore Services (NYSE:HOS) have been trending somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hornbeck Offshore Services earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the oil and gas company an impact score of 47.2014538218616 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:

A number of equities 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, May 2nd. Zacks Investment Research downgraded Hornbeck Offshore Services from a “hold” rating to a “sell” rating in a research report on Wednesday, May 9th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $3.33.

Hornbeck Offshore Services stock traded up $0.06 during trading on Thursday, reaching $3.34. 109,570 shares of the company were exchanged, compared to its average volume of 267,537. Hornbeck Offshore Services has a 52-week low of $1.65 and a 52-week high of $4.87. The company has a market cap of $122.98 million, a price-to-earnings ratio of -1.34 and a beta of 1.14. The company has a debt-to-equity ratio of 0.77, a quick ratio of 3.99 and a current ratio of 3.99.

Hornbeck Offshore Services (NYSE:HOS) last posted its earnings results on Wednesday, May 2nd. The oil and gas company reported ($1.04) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.71) by ($0.33). Hornbeck Offshore Services had a net margin of 8.82% and a negative return on equity of 7.48%. The business had revenue of $41.59 million during the quarter, compared to analysts’ expectations of $50.37 million. analysts predict that Hornbeck Offshore Services will post -2.99 EPS for the current fiscal year.

Hornbeck Offshore Services Company Profile

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.

Insider Buying and Selling by Quarter for Hornbeck Offshore Services (NYSE:HOS)

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