Bristow Group Inc. (BRS) Reaches $16.25 After 5.00% Up Move; Timken Co Has 0.88 Sentiment

April 18, 2018 - By Vivian Park

Bristow Group Inc. (NYSE:BRS) Logo

The stock of Bristow Group Inc. (NYSE:BRS) is a huge mover today! The stock increased 4.84% or $0.75 during the last trading session, reaching $16.25. About 129,672 shares traded. Bristow Group Inc. (NYSE:BRS) has risen 0.31% since April 18, 2017 and is uptrending. It has underperformed by 11.24% the S&P500.The move comes after 9 months positive chart setup for the $574.88M company. It was reported on Apr, 18 by Barchart.com. We have $17.06 PT which if reached, will make NYSE:BRS worth $28.74 million more.

Timken Co (TKR) investors sentiment increased to 0.88 in 2017 Q4. It’s up 0.23, from 0.65 in 2017Q3. The ratio increased, as 121 institutional investors increased or started new holdings, while 138 cut down and sold their positions in Timken Co. The institutional investors in our database now have: 59.34 million shares, down from 60.00 million shares in 2017Q3. Also, the number of institutional investors holding Timken Co in top ten holdings was flat from 1 to 1 for the same number . Sold All: 25 Reduced: 113 Increased: 72 New Position: 49.

Investors sentiment decreased to 0.78 in Q4 2017. Its down 0.55, from 1.33 in 2017Q3. It dropped, as 18 investors sold Bristow Group Inc. shares while 51 reduced holdings. 22 funds opened positions while 32 raised stakes. 36.99 million shares or 4.81% less from 38.86 million shares in 2017Q3 were reported. Massachusetts-based Geode Capital Limited Liability Corp has invested 0% in Bristow Group Inc. (NYSE:BRS). Fmr Ltd Liability Co reported 642,116 shares. The Illinois-based Northern Trust has invested 0% in Bristow Group Inc. (NYSE:BRS). Illinois-based Guggenheim Capital Limited Liability has invested 0% in Bristow Group Inc. (NYSE:BRS). Comerica Retail Bank reported 33,080 shares stake. Ny State Teachers Retirement Sys has invested 0% in Bristow Group Inc. (NYSE:BRS). Acadian Asset Mngmt Lc has 0.02% invested in Bristow Group Inc. (NYSE:BRS) for 292,400 shares. Caledonia Pcl reported 1.45 million shares or 5.36% of all its holdings. Dimensional Fund L P invested in 0.01% or 2.22 million shares. Schwab Charles Invest Mgmt Inc has 0.01% invested in Bristow Group Inc. (NYSE:BRS). The New York-based Alliancebernstein Ltd Partnership has invested 0% in Bristow Group Inc. (NYSE:BRS). First Fincl Bank Of Omaha holds 0.07% or 21,704 shares in its portfolio. Hightower Limited Liability Corporation invested 0% of its portfolio in Bristow Group Inc. (NYSE:BRS). Switzerland-based Credit Suisse Ag has invested 0% in Bristow Group Inc. (NYSE:BRS). Pnc Grp Inc has invested 0% of its portfolio in Bristow Group Inc. (NYSE:BRS).

Bristow Group Inc. provides industrial aviation services to the offshore energy industry in Africa, the Americas, the Asia Pacific, and Europe Caspian. The company has market cap of $574.88 million. The Company’s helicopters are used principally 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. It currently has negative earnings. The firm also offers helicopter flight training services to commercial pilots and flight instructors, as well as military training services through its Bristow Academy.

Among 8 analysts covering Bristow Group (NYSE:BRS), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. Bristow Group had 30 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was downgraded by William Blair on Friday, December 18 to “Market Perform”. Cowen & Co downgraded the shares of BRS in report on Friday, May 26 to “Market Perform” rating. The firm earned “Neutral” rating on Friday, August 7 by Credit Suisse. Suntrust Robinson initiated Bristow Group Inc. (NYSE:BRS) rating on Monday, December 7. Suntrust Robinson has “Neutral” rating and $29 target. The company was maintained on Thursday, October 1 by Oppenheimer. As per Thursday, September 1, the company rating was maintained by Cowen & Co. As per Monday, February 12, the company rating was maintained by Credit Suisse. The stock of Bristow Group Inc. (NYSE:BRS) earned “Equal Weight” rating by Barclays Capital on Tuesday, February 7. The stock has “Equal-Weight” rating by Capital One on Tuesday, August 16. The rating was maintained by Cowen & Co with “Outperform” on Tuesday, February 16.

Analysts await Bristow Group Inc. (NYSE:BRS) to report earnings on May, 22. They expect $-0.83 EPS, up 27.83% or $0.32 from last year’s $-1.15 per share. After $-0.52 actual EPS reported by Bristow Group Inc. for the previous quarter, Wall Street now forecasts 59.62% negative EPS growth.

Since March 15, 2018, it had 2 insider purchases, and 0 sales for $75,760 activity. Shares for $25,159 were bought by Miller L. Don on Thursday, March 15. 3,900 Bristow Group Inc. (NYSE:BRS) shares with value of $50,601 were bought by Baliff Jonathan.

Ratings analysis reveals 0 of Timken’s analysts are positive. Out of 2 Wall Street analysts rating Timken, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. TKR was included in 2 notes of analysts from November 17, 2016. The stock has “Hold” rating by Stifel Nicolaus on Thursday, December 8. The company was downgraded on Thursday, November 17 by Bank of America.

Since January 1, 0001, it had 0 insider buys, and 2 selling transactions for $295,298 activity.

The Timken Company engineers, manufactures, and markets bearings, transmissions, gearboxes, belts, chains, couplings, and related products worldwide. The company has market cap of $3.68 billion. It operates through two divisions, Mobile Industries and Process Industries. It has a 18.28 P/E ratio. The Mobile Industries segment offers a portfolio of bearings, seals, lubrication devices, and systems, as well as power transmission components, engineered chains, augers, belts, and related products and maintenance services to original equipment manufacturers and end users of off-highway equipment, such as agricultural, construction, mining, outdoor power equipment, and powersports markets; and on-highway vehicles, including passenger cars, light trucks, and medium- and heavy-duty trucks, as well as rail cars and locomotives.

Analysts await The Timken Company (NYSE:TKR) to report earnings on May, 1 before the open. They expect $0.81 EPS, up 47.27% or $0.26 from last year’s $0.55 per share. TKR’s profit will be $63.17 million for 14.55 P/E if the $0.81 EPS becomes a reality. After $0.68 actual EPS reported by The Timken Company for the previous quarter, Wall Street now forecasts 19.12% EPS growth.

The stock increased 1.07% or $0.5 during the last trading session, reaching $47.15. About 165,674 shares traded. The Timken Company (TKR) has risen 3.73% since April 18, 2017 and is uptrending. It has underperformed by 7.82% the S&P500.

Southernsun Asset Management Llc holds 5.24% of its portfolio in The Timken Company for 4.19 million shares. Beddow Capital Management Inc owns 120,504 shares or 2.4% of their US portfolio. Moreover, Anchor Bolt Capital Lp has 2.06% invested in the company for 1.16 million shares. The Iowa-based Security National Bank Of So Dak has invested 1.15% in the stock. Security National Bank Of Sioux City Iowa Ia, a Iowa-based fund reported 22,908 shares.

Bristow Group Inc. (NYSE:BRS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: