Bristow Group (NYSE:VTOL) Announces Earnings Results, Beats Estimates By $0.31 EPS

Key Points

• Bristow Group reported an earnings per share (EPS) of $1.07, beating analysts' expectations by $0.31.
• The company's market capitalization is approximately $1.01 billion, with a price-to-earnings ratio of 8.70.
• Insider selling activity included major shareholder Solus selling 45,857 shares, reducing their ownership by 1.47%.

Bristow Group (NYSE:VTOL - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $0.76 by $0.31, Zacks reports. The firm had revenue of $376.43 million for the quarter, compared to the consensus estimate of $380.00 million. Bristow Group had a return on equity of 12.86% and a net margin of 8.24%. Bristow Group updated its FY 2025 guidance to EPS and its FY 2026 guidance to EPS.

Bristow Group Price Performance

NYSE:VTOL traded down $0.46 during trading hours on Friday, hitting $37.99. 188,004 shares of the stock traded hands, compared to its average volume of 175,006. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 9.47 and a beta of 1.32. Bristow Group has a 1 year low of $25.11 and a 1 year high of $39.91. The stock has a 50 day moving average price of $34.13 and a 200 day moving average price of $32.48. The company has a quick ratio of 1.47, a current ratio of 1.81 and a debt-to-equity ratio of 0.69.

Insider Buying and Selling

In related news, COO Stuart Stavley sold 10,000 shares of the stock in a transaction dated 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 sale, the chief operating officer owned 78,947 shares in the company, valued at approximately $2,928,933.70. This trade represents a 11.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lorin L. Brass sold 1,131 shares of the company's stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $33.50, for a total value of $37,888.50. Following the completion of the transaction, the director owned 31,955 shares of the company's stock, valued at $1,070,492.50. The trade was a 3.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 72,085 shares of company stock worth $2,506,739 in the last three months. Corporate insiders own 13.40% of the company's stock.

Institutional Trading of Bristow Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Strs Ohio bought a new position in shares of Bristow Group during the 1st quarter valued at about $44,000. Creative Planning purchased a new stake in shares of Bristow Group during the 2nd quarter valued at about $236,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Bristow Group by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,592 shares of the company's stock valued at $461,000 after buying an additional 609 shares during the period. AQR Capital Management LLC bought a new stake in Bristow Group in the first quarter worth $1,119,000. Finally, Jane Street Group LLC boosted its stake in Bristow Group by 178.7% during the first quarter. Jane Street Group LLC now owns 53,526 shares of the company's stock worth $1,690,000 after buying an additional 34,317 shares during the period. 93.29% of the stock is currently owned by institutional investors.

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.