News stories about Bristow Group (NYSE:BRS) have trended somewhat positive on Friday, according to Accern Sentiment. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bristow Group earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the oil and gas company an impact score of 47.0398869474697 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- What Kind of Picture Are the Technicals Painting For Bristow Group Inc (BRS)? – Evergreen Caller (evergreencaller.com)
- Is This Just A Random Move? – CPI Card Group Inc. (PMTS), Bristow Group Inc. (BRS) – AllStockNews (allstocknews.com)
- Needle Action Activity Spotted in Milacron Holdings Corp (MCRN) and Bristow Group Inc (BRS) – Evergreen Caller (evergreencaller.com)
- Marsh & McLennan Companies, Inc. (MMC) is at $78.11 per share and Bristow Group Inc. (BRS) is listed at $7.44 – Stocks Gallery (stocksgallery.com)
- Changes in Signals Identified: Bristow Group Inc. (BRS), Anworth … – AllStockNews (allstocknews.com)
BRS has been the subject of a number of analyst reports. Zacks Investment Research lowered shares of Bristow Group from a “hold” rating to a “sell” rating in a report on Monday, May 29th. Cowen and Company lowered shares of Bristow Group from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $14.00 to $7.00 in a report on Friday, May 26th. Barclays PLC reaffirmed a “hold” rating and set a $10.00 target price on shares of Bristow Group in a research note on Friday, August 11th. ValuEngine raised shares of Bristow Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 20th. Finally, Credit Suisse Group reaffirmed a “hold” rating and set a $10.00 target price on shares of Bristow Group in a research note on Sunday, May 28th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $15.00.
Shares of Bristow Group (NYSE BRS) traded up 4.61% during mid-day trading on Friday, reaching $7.71. 744,200 shares of the company traded hands. The firm’s 50 day moving average price is $7.38 and its 200-day moving average price is $11.58. The company’s market capitalization is $272.37 million. Bristow Group has a 52-week low of $6.21 and a 52-week high of $21.88.
Bristow Group (NYSE:BRS) last issued its earnings results on Thursday, August 3rd. The oil and gas company reported ($0.83) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.11) by $0.28. Bristow Group had a negative return on equity of 6.83% and a negative net margin of 13.32%. The firm had revenue of $352.10 million for the quarter, compared to analyst estimates of $299.93 million. During the same period last year, the company earned ($0.34) earnings per share. The firm’s revenue for the quarter was down 4.7% on a year-over-year basis. Equities analysts predict that Bristow Group will post ($3.44) earnings per share for the current fiscal year.
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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