Hornbeck Offshore Services (NYSE:HOS – Get Free Report) announced its quarterly earnings results on Monday. The company reported ($0.40) EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.59), RTT News reports. Hornbeck Offshore Services had a negative net margin of 5.58% and a positive return on equity of 3.34%. During the same quarter last year, the firm posted $0.28 earnings per share.
Hornbeck Offshore Services Price Performance
HOS opened at $5.38 on Tuesday. The firm has a fifty day moving average price of $7.56. The company has a market cap of $792.17 million, a P/E ratio of -19.20 and a beta of 1.31. Hornbeck Offshore Services has a 1 year low of $5.16 and a 1 year high of $11.13. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.47 and a quick ratio of 3.47.
Wall Street Analyst Weigh In
Separately, Wall Street Zen lowered Hornbeck Offshore Services from a “buy” rating to a “hold” rating in a report on Monday.
Read Our Latest Stock Analysis on Hornbeck Offshore Services
Hornbeck Offshore Services Company Profile
Hornbeck Offshore Services provides marine transportation and support services for the offshore oil and gas industry. Its fleet includes offshore supply vessels and multi-purpose support vessels that carry equipment and supplies, assist with construction and subsea work, and support exploration, development and production activities.
Founded in 1997, the company has focused on serving deepwater and other demanding offshore operations. Its vessels and services support customers in the U.S.
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