Media stories about Bristow Group (NYSE:BRS) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bristow Group earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned news stories about the oil and gas company an impact score of 45.164173237439 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Several research firms recently commented on BRS. Zacks Investment Research upgraded Bristow Group from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research report on Monday, December 11th. Barclays upped their price objective on Bristow Group from $10.00 to $16.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 14th. Finally, Cowen set a $7.00 price objective on Bristow Group and gave the stock a “hold” rating in a report on Friday, October 6th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $15.00.
Bristow Group (NYSE BRS) traded down $0.39 during midday trading on Friday, hitting $15.39. The stock had a trading volume of 466,200 shares, compared to its average volume of 759,817. The company has a market cap of $536.85, a PE ratio of -2.90 and a beta of 3.09. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.34 and a quick ratio of 1.02. Bristow Group has a 12-month low of $6.21 and a 12-month high of $21.00.
Bristow Group (NYSE:BRS) last released its quarterly earnings results on Wednesday, November 8th. The oil and gas company reported ($0.33) earnings per share for the quarter, beating the consensus estimate of ($0.95) by $0.62. Bristow Group had a negative return on equity of 7.08% and a negative net margin of 13.31%. The firm had revenue of $358.00 million for the quarter, compared to analysts’ expectations of $345.87 million. During the same period in the prior year, the firm earned ($0.35) EPS. The company’s revenue was up 4.2% compared to the same quarter last year. analysts expect that Bristow Group will post -3.34 EPS for the current fiscal year.
In other Bristow Group news, insider Jonathan Baliff purchased 2,000 shares of the firm’s stock in a transaction on Thursday, November 30th. The shares were acquired at an average cost of $14.84 per share, with a total value of $29,680.00. Following the completion of the acquisition, the insider now directly owns 69,344 shares in the company, valued at $1,029,064.96. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 10.00% of the stock is owned by company insiders.
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About Bristow Group
Bristow Group Inc is an industrial aviation services provider and helicopter service provider to the offshore energy industry. The Industrial Aviation Services segment’s operations are conducted primarily through four regions: Europe Caspian, Africa, Americas and Asia Pacific. The Europe Caspian region consists of all its operations and affiliates in Europe and Central Asia, including Norway, the United Kingdom and Turkmenistan.
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