Bristow Group (NYSE:VTOL) Downgraded to “Hold” Rating by Wall Street Zen

Wall Street Zen downgraded shares of Bristow Group (NYSE:VTOL) from a buy rating to a hold rating in a research note issued to investors on Saturday morning.

Separately, Weiss Ratings reiterated a “buy (b-)” rating on shares of Bristow Group in a research note on Wednesday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Bristow Group has an average rating of “Buy”.

Bristow Group Stock Down 1.0%

VTOL opened at $36.86 on Friday. Bristow Group has a 1-year low of $25.11 and a 1-year high of $39.31. The company has a current ratio of 1.81, a quick ratio of 1.44 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 9.19 and a beta of 1.33. The business has a 50 day moving average of $37.44 and a 200-day moving average of $33.52.

Bristow Group (NYSE:VTOL) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.31. Bristow Group had a net margin of 8.24% and a return on equity of 12.86%. The firm had revenue of $376.43 million during the quarter, compared to the consensus estimate of $380.00 million. Bristow Group has set its FY 2025 guidance at EPS. FY 2026 guidance at EPS.

Insider Buying and Selling at Bristow Group

In other Bristow Group news, COO Stuart Stavley sold 10,000 shares of Bristow Group stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $37.10, for a total transaction of $371,000.00. Following the completion of the transaction, the chief operating officer directly owned 78,947 shares of the company’s stock, valued at approximately $2,928,933.70. This trade represents a 11.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Jennifer Dawn Whalen sold 5,000 shares of Bristow Group stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $37.55, for a total value of $187,750.00. Following the transaction, the chief financial officer directly owned 94,203 shares of the company’s stock, valued at approximately $3,537,322.65. The trade was a 5.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 34,581 shares of company stock worth $1,291,103 over the last three months. 13.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Bristow Group

Institutional investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new position in shares of Bristow Group in the second quarter valued at approximately $25,000. Federated Hermes Inc. raised its stake in shares of Bristow Group by 74.7% in the first quarter. Federated Hermes Inc. now owns 912 shares of the company’s stock valued at $29,000 after acquiring an additional 390 shares during the last quarter. Strs Ohio bought a new position in Bristow Group in the 1st quarter valued at $44,000. CWM LLC raised its position in Bristow Group by 208.4% in the 2nd quarter. CWM LLC now owns 1,351 shares of the company’s stock valued at $45,000 after purchasing an additional 913 shares during the last quarter. Finally, Banque Transatlantique SA bought a new position in Bristow Group in the 1st quarter valued at $73,000. 93.29% of the stock is owned by institutional investors.

About Bristow Group

Bristow Group Inc provides vertical flight solutions. The company primarily offers aviation services to integrated, national, and independent offshore energy companies and government agencies. It also provides personnel transportation, search and rescue, medevac, ad hoc helicopter, fixed wing transportation, unmanned systems, and ad-hoc helicopter services, as well as logistical and maintenance support, training services, and flight and maintenance crews.