Hornbeck Offshore Services (HOS) : The consensus on Hornbeck Offshore Services (HOS) based on 10 analyst recommendation on the company stock is 2.8, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 9 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Hornbeck Offshore Services (HOS) : Average target price received by Hornbeck Offshore Services (HOS) is $10 with an expected standard deviation of $2.73. The most aggressive target on the stock is $15, whereas the most downbeat target is $6. 9 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week
Hornbeck Offshore Services (NYSE:HOS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $7.56 and $7.52 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $7.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $7.87, notching a gain of 3.55% for the day. The total traded volume was 1,070,488 . The stock had closed at $7.60 on the previous day.
Hornbeck Offshore Services, Inc. is a provider of 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 the provision of marine solutions to meet the needs of the deepwater and ultradeepwater energy industry in domestic and select foreign locations. The Company owns and operates a fleet of United States-flagged OSVs and MPSVs. These vessels support the deep-well, deepwater and ultra-deepwater activities of the offshore oil and gas industry. The Company operates in three core geographic markets: the Gulf of Mexico (GoM), Mexico and Brazil. The Company has operated in the Middle East, the Mediterranean Sea, the Black Sea and the Caribbean basin, including Nicaragua, Guyana, Trinidad and Venezuela. The Company also operates a shore-base support facility located in Port Fourchon, Louisiana.