Hornbeck Offshore Services (NYSE:HOS) Earns Daily Coverage Optimism Score of 0.14

News coverage about Hornbeck Offshore Services (NYSE:HOS) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hornbeck Offshore Services earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the oil and gas company an impact score of 45.4338576538047 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news stories that may have effected Accern Sentiment’s rankings:

HOS has been the subject of a number of research reports. Piper Jaffray Companies reissued a “hold” rating and issued a $3.50 price target on shares of Hornbeck Offshore Services in a report on Thursday, August 3rd. Zacks Investment Research raised shares of Hornbeck Offshore Services from a “sell” rating to a “hold” rating in a report on Tuesday, June 6th. Seaport Global Securities reissued a “neutral” rating on shares of Hornbeck Offshore Services in a report on Monday, August 7th. Finally, ValuEngine downgraded shares of Hornbeck Offshore Services from a “sell” rating to a “strong sell” rating in a report on Friday, June 2nd. Two analysts have rated the stock with a sell rating and four have given a hold rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $4.75.

Shares of Hornbeck Offshore Services (NYSE HOS) opened at 2.61 on Friday. The firm has a 50-day moving average of $2.56 and a 200 day moving average of $3.41. Hornbeck Offshore Services has a 52-week low of $1.51 and a 52-week high of $9.07. The firm’s market cap is $96.64 million.

Hornbeck Offshore Services (NYSE:HOS) last issued its earnings results on Wednesday, August 2nd. The oil and gas company reported ($0.82) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.79) by $0.03. The business had revenue of $37.40 million for the quarter, compared to analyst estimates of $37.13 million. Hornbeck Offshore Services had a negative return on equity of 6.72% and a negative net margin of 47.42%. The firm’s revenue was down 30.4% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.57) EPS. On average, equities analysts predict that Hornbeck Offshore Services will post ($2.98) earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: This article was originally posted by BNB Daily and is the sole property of of BNB Daily. If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright law. The legal version of this article can be viewed at https://www.baseball-news-blog.com/2017/08/19/hornbeck-offshore-services-nysehos-getting-somewhat-positive-press-coverage-analysis-finds-updated.html.

Hornbeck Offshore Services Company Profile

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.

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

Receive News & Ratings for Hornbeck Offshore Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hornbeck Offshore Services and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply