Hornbeck Offshore Services ( NYSE:HOS – Get Free Report ) issued its quarterly earnings results on Wednesday. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.06), Zacks reports. Hornbeck Offshore Services had a return on equity of 2.95% and a net margin of 3.04%.
Hornbeck Offshore Services Trading Down 1.6%
HOS traded down $0.10 during trading on Wednesday, reaching $6.15. 4,361,761 shares of the company were exchanged, compared to its average volume of 2,008,654. The firm has a market capitalization of $906.83 million, a PE ratio of 22.79 and a beta of 1.31. The business’s 50 day moving average price is $7.75. The company has a debt-to-equity ratio of 0.19, a quick ratio of 3.47 and a current ratio of 3.47. Hornbeck Offshore Services has a 52 week low of $6.04 and a 52 week high of $11.13.
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Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised shares of Hornbeck Offshore Services from a “hold” rating to a “buy” rating in a report on Sunday.
About Hornbeck Offshore Services
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