Hornbeck Offshore Services, Inc. (NYSE:HOS) registered a 5.52% increase, still its new closing price is 155.00% up from the company’s 1 year high of 12.98.It posted 4.08% gains in previous 5 sessions and is now the subject of 8 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 0 buy or better ratings. The 11 stock analysts following this company have an average price target at $7.75, with individual PT in the $4.00-$11.00 range. The shares moved at $7.65, implying that brokerage firms see shares gaining about 5.37% in twelve months time.
Hornbeck Offshore Services, Inc. (HOS) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 5.96% rise year to date. A Director at Hornbeck Offshore Services, Inc. (HOS) acquired shares in a transaction closed on Tuesday February 23, 2016. MELCHER PATRICIA B bought 7,000 shares in the company at $7 each and collected $49,000 in proceeds. MELCHER PATRICIA B now owns 65,739 shares in the company after this transaction. A Executive Vice President & CFO in the company, HARP JAMES O JR, disclosed a transaction on Wednesday January 20, 2016 that ended up paying $65,000 from the purchase of 10,000 shares at $6.5 per share.
Hornbeck Offshore Services, Inc. (NYSE:HOS) Upcoming Results on Tap
Hornbeck Offshore Services, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.60 in that period. Sales during the quarter are predicted to arrive at $41.94 million.
Earnings surprise history: Last quarter, the company posted approximately $51.93 million in revenue and EPS of $-0.45. The mean forecast was for $51.74 million and $-0.60 a share, respectively. One quarter earlier, revenue for the stock was at $53.67 million, with earnings at $-0.57/share.
Hornbeck Offshore Services, Inc. (HOS) Brokerage Update
Hornbeck Offshore Services, Inc. (HOS) is in Iberia’s research list so their analyst rating change is noteworthy. These shares were downgraded to Underperform from Sector Perform by Iberia, according to news reported on Friday August 05, 2016.Another important research note was issued by Barclays on Wednesday April 20, 2016.The firm downgraded HOS to Equal Weight from Overweight. Over the last six months and over the last three months, the shares of Hornbeck Offshore Services, Inc. (HOS), have changed 0.66% and 92.70%, respectively.