These are some of the news headlines that may have effected Accern Sentiment’s scoring:
News articles about Bristow Group (NYSE:BRS) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press 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 closest to one being the most favorable. Bristow Group earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the oil and gas company an impact score of 45.8562335318144 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Bristow Group (NYSE BRS) traded down 0.69% during midday trading on Wednesday, hitting $7.24. 251,246 shares of the company traded hands. The stock’s market cap is $254.97 million. Bristow Group has a 12-month low of $6.21 and a 12-month high of $21.88. The stock has a 50 day moving average of $7.23 and a 200 day moving average of $12.47.
Bristow Group (NYSE:BRS) last released its earnings results on Tuesday, May 23rd. The oil and gas company reported ($1.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.48) by $0.67. The firm had revenue of $323.70 million for the quarter, compared to analyst estimates of $327.92 million. Bristow Group had a negative return on equity of 5.34% and a negative net margin of 12.12%. Bristow Group’s revenue was down 13.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.13 earnings per share. Equities research analysts predict that Bristow Group will post ($3.69) EPS for the current fiscal year.
A number of equities analysts have recently weighed in on the stock. BidaskClub cut shares of Bristow Group from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Zacks Investment Research cut shares of Bristow Group from a “hold” rating to a “sell” rating in a research note on Monday, May 29th. Credit Suisse Group reaffirmed a “hold” rating and set a $10.00 price target on shares of Bristow Group in a research note on Sunday, May 28th. Barclays PLC set a $13.00 price target on shares of Bristow Group and gave the stock a “hold” rating in a research note on Friday, May 26th. Finally, Cowen and Company cut shares of Bristow Group from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from $14.00 to $7.00 in a research note on Friday, May 26th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. Bristow Group has a consensus rating of “Hold” and an average price target of $15.60.
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.