Bristow Group (BRS) Given Coverage Optimism Score of 0.20
News coverage about Bristow Group (NYSE:BRS) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bristow Group earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave media stories about the oil and gas company an impact score of 45.164173237439 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Comprehensive Stock Analysis: Bristow Group Inc. (NYSE: BRS) – The Investor Guide (wallstreetnews24.com)
- Bristow Group Inc. (NYSE:BRS) – Price/Earnings to Growth – PEG Ratio Analysis – Nasdaq Journal (press release) (nasdaqjournal.com)
- Stock to Watch – Bristow Group Inc. (NYSE: BRS) – Alpha Beta Stock (alphabetastock.com)
- Bristow Group (BRS) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Traders Buy Large Volume of Call Options on Bristow Group (BRS) (americanbankingnews.com)
Several research firms have recently issued reports on BRS. Zacks Investment Research lowered Bristow Group from a “buy” rating to a “hold” rating in a research report on Wednesday. Barclays raised their price target 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, Cowen set a $7.00 target price 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 assigned a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $15.00.
Bristow Group (BRS) traded up $0.42 during mid-day trading on Friday, reaching $16.28. The company’s stock had a trading volume of 1,114,400 shares, compared to its average volume of 699,412. The company has a current ratio of 1.34, a quick ratio of 1.02 and a debt-to-equity ratio of 0.97. The company has a market capitalization of $575.75, a price-to-earnings ratio of -3.07 and a beta of 3.09. Bristow Group has a 52-week low of $6.21 and a 52-week high of $21.00.
Bristow Group (NYSE:BRS) last posted its earnings results on Wednesday, November 8th. The oil and gas company reported ($0.33) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.95) by $0.62. The firm had revenue of $358.00 million for the quarter, compared to analyst estimates of $345.87 million. Bristow Group had a negative return on equity of 7.08% and a negative net margin of 13.31%. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the previous year, the company posted ($0.35) earnings per share. sell-side analysts expect that Bristow Group will post -3.43 earnings per share for the current year.
In other Bristow Group news, insider Jonathan Baliff bought 2,000 shares of Bristow Group stock in a transaction on Thursday, November 30th. The shares were purchased at an average cost of $14.84 per share, for a total transaction of $29,680.00. Following the completion of the acquisition, the insider now owns 69,344 shares in the company, valued at approximately $1,029,064.96. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 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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