Somewhat Positive Press Coverage Somewhat Unlikely to Impact Bristow Group (BRS) Stock Price
Media coverage about Bristow Group (NYSE:BRS) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media 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 news sentiment score of 0.18 on Accern’s scale. Accern also assigned media coverage about the oil and gas company an impact score of 45.5387861128854 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news headlines that may have impacted Accern’s scoring:
- What Are Analysts Report About UnitedHealth Group Incorporated (UNH) (vothemes.com)
- Stock Price Performance Review for Bristow Group Inc (NYSE:BRS) – Jonesboro Recorder (jonesbororecorder.com)
- Bristow Group Inc. (BRS) has a value of $8.21 per share While Advanced Drainage Systems, Inc. (WMS) is stand at … – Stocks Gallery (stocksgallery.com)
- Bristow Group Inc. (NYSE:BRS) Stock Traded 10.2% Above Its 50 Day Moving Average – Modern Readers (modernreaders.com)
- Bristow Group Inc. (NYSE:BRS) Traded Well Above Its 50 Day Moving Average (highlightpress.com)
Shares of Bristow Group (NYSE BRS) opened at 8.24 on Friday. The firm’s 50-day moving average is $7.64 and its 200 day moving average is $10.95. Bristow Group has a 12 month low of $6.21 and a 12 month high of $21.88. The company’s market capitalization is $291.09 million.
Bristow Group (NYSE:BRS) last announced its quarterly earnings data on Thursday, August 3rd. The oil and gas company reported ($0.83) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.11) by $0.28. Bristow Group had a negative net margin of 13.32% and a negative return on equity of 6.83%. The business had revenue of $352.10 million during the quarter, compared to analyst estimates of $299.93 million. During the same period last year, the firm posted ($0.34) EPS. The company’s revenue was down 4.7% on a year-over-year basis. Equities analysts expect that Bristow Group will post ($3.44) EPS for the current year.
BRS has been the subject of several recent research reports. Zacks Investment Research downgraded shares of Bristow Group from a “hold” rating to a “sell” rating in a research note on Monday, May 29th. BidaskClub upgraded shares of Bristow Group from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. Barclays PLC restated a “hold” rating and issued a $10.00 price objective on shares of Bristow Group in a research report on Friday, August 11th. Cowen and Company lowered shares of Bristow Group from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $14.00 to $7.00 in a research report on Friday, May 26th. Finally, Credit Suisse Group restated a “hold” rating and issued a $10.00 price objective on shares of Bristow Group in a research report on Sunday, May 28th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $15.00.
In related news, insider Jonathan Baliff acquired 6,500 shares of the business’s stock in a transaction on Friday, August 18th. The stock was acquired at an average cost of $7.70 per share, with a total value of $50,050.00. Following the acquisition, the insider now directly owns 67,344 shares in the company, valued at approximately $518,548.80. The transaction 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.
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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