Bristow Group (BRS) Set to Announce Quarterly Earnings on Wednesday

Bristow Group (NYSE:BRS) will be issuing its quarterly earnings data after the market closes on Wednesday, May 23rd. Analysts expect the company to announce earnings of ($0.65) per share for the quarter.

Bristow Group opened at $18.65 on Tuesday, according to MarketBeat.com. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.09 and a current ratio of 1.45. Bristow Group has a twelve month low of $6.21 and a twelve month high of $18.91. The firm has a market cap of $656.95 million, a P/E ratio of -8.76 and a beta of 2.98.

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

BRS has been the topic of several recent research reports. Zacks Investment Research raised Bristow Group from a “sell” rating to a “hold” rating in a report on Monday, April 30th. ValuEngine lowered Bristow Group from a “sell” rating to a “strong sell” rating in a research report on Tuesday, March 13th. Finally, Credit Suisse Group raised their target price on Bristow Group from $8.00 to $14.00 and gave the stock a “neutral” rating in a research report on Monday, February 12th. Six equities research analysts have rated the stock with a hold rating, The stock has an average rating of “Hold” and an average target price of $13.50.

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.

Earnings History for Bristow Group (NYSE:BRS)

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