Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Hornbeck Offshore Services (NYSE: HOS) hit a new 52-week high Tuesday as it is currently trading at $52.56, above its previous 52-week high of $52.51 with 25,536 shares traded as of 9:48 a.m. ET. Average volume has been 633,000 shares over the past 30 days.

Hornbeck Offshore Services has a market cap of $1.81 billion and is part of the basic materials sector and energy industry. Shares are up 51.1% year to date as of the close of trading on Monday.

Hornbeck Offshore Services, Inc., through its subsidiaries, provides marine transportation services to exploration and production, oilfield service, offshore construction, and the United States military customers. The company operates in two segments, Upstream and Downstream. The company has a P/E ratio of 49.6, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Hornbeck Offshore Services as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Hornbeck Offshore Services Ratings Report.

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