Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Bristow Group (BRS) Stock Price

News articles about Bristow Group (NYSE:BRS) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news 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 media sentiment score of 0.09 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 45.7516157737871 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news headlines that may have effected Accern Sentiment’s analysis:

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Shares of BRS stock traded up $0.42 during trading hours on Tuesday, reaching $15.71. 286,270 shares of the stock were exchanged, compared to its average volume of 569,217. Bristow Group has a 12-month low of $6.21 and a 12-month high of $17.35. The company has a current ratio of 1.45, a quick ratio of 1.09 and a debt-to-equity ratio of 0.88. The stock has a market cap of $537.73, a PE ratio of -7.44 and a beta of 3.00.

Bristow Group (NYSE:BRS) last released its quarterly earnings results on Thursday, February 8th. The oil and gas company reported ($0.52) EPS for the quarter, topping analysts’ consensus estimates of ($0.65) by $0.13. The firm had revenue of $345.53 million during the quarter, compared to analysts’ expectations of $354.10 million. Bristow Group had a negative net margin of 12.13% and a negative return on equity of 7.91%. The firm’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.29) EPS. sell-side analysts forecast that Bristow Group will post -2.5 EPS for the current year.

A number of equities analysts recently commented on BRS shares. ValuEngine raised shares of Bristow Group from a “sell” rating to a “hold” rating in a research note on Monday, April 2nd. Zacks Investment Research raised shares of Bristow Group from a “sell” rating to a “hold” rating in a research note on Friday, February 23rd. Finally, Credit Suisse Group lifted their price target on shares of Bristow Group from $8.00 to $14.00 and gave the stock a “neutral” rating in a research note on Monday, February 12th. Six research analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and a consensus target price of $13.25.

In related news, insider L. Don Miller acquired 2,000 shares of the stock in a transaction on Thursday, March 15th. The stock was bought at an average cost of $12.58 per share, with a total value of $25,160.00. Following the transaction, the insider now directly owns 14,199 shares in the company, valued at $178,623.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jonathan Baliff acquired 3,900 shares of the stock in a transaction on Thursday, March 15th. The stock was bought at an average cost of $12.97 per share, with a total value of $50,583.00. Following the completion of the transaction, the chief executive officer now owns 73,244 shares in the company, valued at $949,974.68. The disclosure for this purchase can be found here. 10.00% of the stock is owned by insiders.

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Bristow Group Company Profile

Bristow Group Inc provides industrial aviation services to the offshore energy companies in Europe Caspian, Africa, the Americas, and the Asia Pacific. The company offers helicopter transportation services to transport personnel between onshore bases and offshore production platforms, drilling rigs, and other installations, as well as to transport time-sensitive equipment to these offshore locations.

Insider Buying and Selling by Quarter for Bristow Group (NYSE:BRS)

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