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

Key Points

• Bristow Group's stock rating has been downgraded from "buy" to "hold" by Wall Street Zen, while Weiss Ratings has maintained a "buy (b-)" rating.
• The company's recent quarterly earnings surpassed expectations, reporting $1.07 EPS against a consensus estimate of $0.76, although revenue slightly fell short of estimates.
• Notable insider selling occurred, with directors selling shares amounting to a total of $292,186 recently, indicating potential shifts in confidence among company leadership.

Bristow Group (NYSE:VTOL - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report released on Saturday.

Separately, Weiss Ratings restated a "buy (b-)" rating on shares of Bristow Group in a research report on Wednesday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Bristow Group currently has a consensus rating of "Buy".

Bristow Group Stock Performance

NYSE VTOL opened at $36.86 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.81 and a quick ratio of 1.44. The firm has a market capitalization of $1.06 billion, a price-to-earnings ratio of 9.19 and a beta of 1.33. The company's fifty day moving average is $37.44 and its two-hundred day moving average is $33.51. Bristow Group has a 52-week low of $25.11 and a 52-week high of $39.31.

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

Insider Buying and Selling at Bristow Group

In other news, Director Lorin L. Brass sold 5,250 shares of Bristow Group stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $37.47, for a total transaction of $196,717.50. Following the sale, the director directly owned 26,705 shares in the company, valued at approximately $1,000,636.35. The trade was a 16.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Wesley E. Kern sold 2,531 shares of Bristow Group stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $37.72, for a total transaction of $95,469.32. Following the sale, the director owned 35,079 shares in the company, valued at approximately $1,323,179.88. This trade represents a 6.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 34,581 shares of company stock worth $1,291,103 in the last 90 days. 13.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Bristow Group

Several institutional investors have recently added to or reduced their stakes in VTOL. Brown Advisory Inc. lifted its holdings in Bristow Group by 21.3% during the 2nd quarter. Brown Advisory Inc. now owns 1,224,954 shares of the company's stock valued at $40,387,000 after purchasing an additional 215,214 shares during the last quarter. Donald Smith & CO. Inc. lifted its holdings in Bristow Group by 112.6% during the 2nd quarter. Donald Smith & CO. Inc. now owns 250,953 shares of the company's stock valued at $8,274,000 after purchasing an additional 132,926 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Bristow Group by 87.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 219,865 shares of the company's stock valued at $7,249,000 after purchasing an additional 102,611 shares during the last quarter. 683 Capital Management LLC bought a new position in Bristow Group during the 2nd quarter valued at about $2,906,000. Finally, American Century Companies Inc. lifted its holdings in Bristow Group by 13.1% during the 2nd quarter. American Century Companies Inc. now owns 749,674 shares of the company's stock valued at $24,717,000 after purchasing an additional 86,673 shares during the last quarter. 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.

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