News headlines about Bristow Group (NYSE:BRS) have been trending somewhat positive this week, according to Accern. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bristow Group earned a daily sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 45.8195516877542 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have impacted Accern’s analysis:
A number of analysts have commented on BRS shares. Zacks Investment Research downgraded Bristow Group from a “buy” rating to a “sell” rating in a research report on Tuesday, October 31st. Barclays raised their price objective on Bristow Group from $10.00 to $16.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 14th. Finally, Credit Suisse Group raised their price objective on Bristow Group from $8.00 to $14.00 and gave the stock a “neutral” rating in a research report on Monday. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. Bristow Group currently has an average rating of “Hold” and an average price target of $13.25.
Bristow Group (BRS) traded down $0.27 during trading on Tuesday, hitting $15.33. The company had a trading volume of 225,706 shares, compared to its average volume of 671,532. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.45 and a quick ratio of 1.09. The company has a market cap of $551.70, a P/E ratio of -3.13 and a beta of 3.15. Bristow Group has a 1-year low of $6.21 and a 1-year high of $18.14.
Bristow Group (NYSE:BRS) last posted its earnings results on Thursday, February 8th. The oil and gas company reported ($0.52) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.65) by $0.13. Bristow Group had a negative return on equity of 7.91% and a negative net margin of 12.13%. The business had revenue of $345.53 million during the quarter, compared to the consensus estimate of $354.10 million. During the same quarter last year, the company earned ($0.29) EPS. Bristow Group’s revenue was up 6.5% on a year-over-year basis. sell-side analysts anticipate that Bristow Group will post -3.34 EPS for the current year.
In other Bristow Group news, insider Jonathan Baliff purchased 2,000 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was purchased at an average cost of $14.84 per share, with a total value of $29,680.00. Following the acquisition, the insider now directly owns 69,344 shares of the company’s stock, valued at approximately $1,029,064.96. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 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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