Bristow Group Inc. is a leading provider of helicopter services to the worldwide energy industry that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on BRS’ earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Bristow could be a solid choice for investors.
Current Quarter Estimates for BRS
In the past 30 days, 1 estimate has gone higher for Bristow while 1 has gone lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of 54 cents per share 30 days ago, to a loss of 48 cents per share today, a move of 11.1%.
Current Year Estimates for BRS
Meanwhile, Bristow’s current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to 1 lower. The consensus estimate trend has also seen a boost for this time frame, narrowing from a loss of $1.95 per share 30 days ago to a loss of $1.61 per share today, a move of 17.4%.
BRISTOW GROUP Price and Consensus
Bottom Line
The stock has also started to move higher lately, adding 59.7% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #3 (Hold) stock to profit in the near future. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Zacks' Top Investment Ideas for Long-Term Profit
How would you like to see our best recommendations to help you find today’s most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>
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Can Bristow Group (BRS) Run Higher on Strong Earnings Estimate Revisions?
Bristow Group Inc. is a leading provider of helicopter services to the worldwide energy industry that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on BRS’ earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Bristow could be a solid choice for investors.
Current Quarter Estimates for BRS
In the past 30 days, 1 estimate has gone higher for Bristow while 1 has gone lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of 54 cents per share 30 days ago, to a loss of 48 cents per share today, a move of 11.1%.
Current Year Estimates for BRS
Meanwhile, Bristow’s current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to 1 lower. The consensus estimate trend has also seen a boost for this time frame, narrowing from a loss of $1.95 per share 30 days ago to a loss of $1.61 per share today, a move of 17.4%.
BRISTOW GROUP Price and Consensus
BRISTOW GROUP Price and Consensus | BRISTOW GROUP Quote
Bottom Line
The stock has also started to move higher lately, adding 59.7% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #3 (Hold) stock to profit in the near future. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Zacks' Top Investment Ideas for Long-Term Profit
How would you like to see our best recommendations to help you find today’s most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>