Bristow Group (NYSE:VTOL) Reaches New 52-Week High - Should You Buy?

Key Points

• Bristow Group Inc. (NYSE:VTOL) reached a new 52-week high of $39.32 amid trading on Thursday, with a slight last transaction at $38.81.
• Analyst ratings reflect mixed views, with Wall Street Zen downgrading the stock from "buy" to "hold," while Weiss Ratings reaffirmed a "buy" rating, leading to a consensus rating of "Buy."
• Insiders have been selling shares recently, with COO Stuart Stavley and Director Lorin L. Brass reducing their holdings, indicating a potential concern among company leadership.

Bristow Group Inc. (NYSE:VTOL - Get Free Report)'s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $39.32 and last traded at $38.81, with a volume of 12504 shares traded. The stock had previously closed at $38.83.

Analyst Ratings Changes

Several equities research analysts have recently commented on VTOL shares. Wall Street Zen lowered Bristow Group from a "buy" rating to a "hold" rating in a research note on Saturday, October 11th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Bristow Group in a research note on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy".

Bristow Group Trading Up 0.4%

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 business has a 50 day moving average of $37.58 and a 200-day moving average of $33.64. The stock has a market cap of $1.12 billion, a PE ratio of 9.72 and a beta of 1.33.

Bristow Group (NYSE:VTOL - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.76 by $0.31. The firm had revenue of $376.43 million for 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 other Bristow Group news, COO Stuart Stavley sold 10,000 shares of the business's stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $37.10, for a total value of $371,000.00. Following the completion of the transaction, the chief operating officer directly owned 78,947 shares in the company, valued at approximately $2,928,933.70. The trade was a 11.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Lorin L. Brass sold 5,250 shares of the business's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $37.47, for a total value of $196,717.50. Following the completion of the transaction, the director owned 26,705 shares of the company's stock, valued at $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 in the last three months. 13.40% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new stake in shares of Bristow Group during the 2nd quarter worth $25,000. Federated Hermes Inc. increased its holdings in shares of Bristow Group by 74.7% during the 1st quarter. Federated Hermes Inc. now owns 912 shares of the company's stock worth $29,000 after buying an additional 390 shares during the last quarter. Strs Ohio acquired a new stake in shares of Bristow Group during the 1st quarter worth $44,000. CWM LLC increased its holdings in shares of Bristow Group by 208.4% during the 2nd quarter. CWM LLC now owns 1,351 shares of the company's stock worth $45,000 after buying an additional 913 shares during the last quarter. Finally, Banque Transatlantique SA acquired a new stake in shares of Bristow Group during the 1st quarter worth $73,000. 93.29% of the stock is currently owned by institutional investors and hedge funds.

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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