News articles about Bristow Group (NYSE:BRS) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bristow Group earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media headlines about the oil and gas company an impact score of 45.164173237439 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Several research analysts have recently issued reports on the stock. Zacks Investment Research cut shares of Bristow Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Cowen set a $7.00 target price on shares of Bristow Group and gave the company a “hold” rating in a report on Friday, October 6th. Finally, Barclays upped their target price on shares of Bristow Group from $10.00 to $16.00 and gave the company an “equal weight” rating in a report on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $15.00.
Shares of Bristow Group (NYSE BRS) traded down $0.46 during trading on Friday, reaching $15.23. 468,286 shares of the company’s stock were exchanged, compared to its average volume of 618,098. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.02 and a current ratio of 1.34. The stock has a market cap of $538.62, a P/E ratio of -2.87 and a beta of 3.15. Bristow Group has a 52 week low of $6.21 and a 52 week high of $21.00.
Bristow Group (NYSE:BRS) last announced its quarterly earnings results on Wednesday, November 8th. The oil and gas company reported ($0.33) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.95) by $0.62. The business had revenue of $358.00 million during the quarter, compared to the consensus estimate of $345.87 million. Bristow Group had a negative net margin of 13.31% and a negative return on equity of 7.08%. The business’s revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.35) EPS. equities analysts anticipate that Bristow Group will post -3.34 EPS for the current year.
In other Bristow Group news, insider Jonathan Baliff acquired 2,000 shares of the stock in a transaction that occurred on Thursday, November 30th. The shares were purchased at an average cost of $14.84 per share, with a total value of $29,680.00. Following the purchase, the insider now owns 69,344 shares in the company, valued at $1,029,064.96. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 10.00% of the company’s stock.
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Bristow Group Company Profile
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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