Bristow Group (NYSE:VTOL) Given Buy (B-) Rating at Weiss Ratings

Key Points

• Bristow Group's stock received a "buy (B-)" rating from Weiss Ratings, which supports its overall positive outlook in the market.
• Institutional investors have shown increasing confidence in Bristow Group, with firms like Donald Smith & CO. Inc. and Brown Advisory Inc. significantly increasing their stakes during the second quarter.
• The company reported strong quarterly earnings, with an EPS of $1.07, exceeding analyst expectations of $0.76, despite slightly missing revenue estimates.

Bristow Group (NYSE:VTOL - Get Free Report)'s stock had its "buy (b-)" rating reiterated by Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen raised shares of Bristow Group from a "hold" rating to a "buy" rating in a report on Friday, September 5th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Bristow Group currently has an average rating of "Buy".

Bristow Group Stock Performance

VTOL traded down $0.76 during mid-day trading on Wednesday, reaching $35.94. 13,000 shares of the company traded hands, compared to its average volume of 159,318. The stock has a market capitalization of $1.04 billion, a P/E ratio of 8.96 and a beta of 1.33. The company has a quick ratio of 1.44, a current ratio of 1.81 and a debt-to-equity ratio of 0.69. The company's fifty day moving average price is $37.28 and its 200-day moving average price is $33.42. 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 data on Tuesday, August 5th. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $0.76 by $0.31. The firm had revenue of $376.43 million during the quarter, compared to analyst estimates of $380.00 million. Bristow Group had a return on equity of 12.86% and a net margin of 8.24%. Bristow Group has set its FY 2025 guidance at EPS. FY 2026 guidance at EPS.

Insider Buying and Selling

In related news, CFO Jennifer Dawn Whalen sold 5,000 shares of the stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $37.55, for a total value of $187,750.00. Following the sale, the chief financial officer directly owned 94,203 shares of the company's stock, valued at $3,537,322.65. This represents a 5.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Lorin L. Brass sold 5,250 shares of the firm's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $37.47, for a total transaction of $196,717.50. Following the transaction, the director directly owned 26,705 shares in the company, valued at approximately $1,000,636.35. This trade represents a 16.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 34,581 shares of company stock worth $1,291,103 over the last three months. 13.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Bristow Group

Institutional investors have recently bought and sold shares of the company. Brown Advisory Inc. lifted its stake in shares of Bristow Group by 21.3% during the second quarter. Brown Advisory Inc. now owns 1,224,954 shares of the company's stock worth $40,387,000 after buying an additional 215,214 shares during the period. Donald Smith & CO. Inc. raised its holdings in shares of Bristow Group by 112.6% during the second quarter. Donald Smith & CO. Inc. now owns 250,953 shares of the company's stock worth $8,274,000 after purchasing an additional 132,926 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Bristow Group by 87.5% during the second quarter. JPMorgan Chase & Co. now owns 219,865 shares of the company's stock worth $7,249,000 after purchasing an additional 102,611 shares during the last quarter. 683 Capital Management LLC purchased a new position in shares of Bristow Group during the second quarter worth $2,906,000. Finally, American Century Companies Inc. raised its holdings in shares of Bristow Group by 13.1% during the second quarter. American Century Companies Inc. now owns 749,674 shares of the company's stock worth $24,717,000 after purchasing an additional 86,673 shares during the last quarter. 93.29% of the stock is currently owned by institutional investors and hedge funds.

Bristow Group Company Profile

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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