Bristow Group Inc. (NYSE:VTOL - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $32.58 and last traded at $32.31, with a volume of 6608 shares trading hands. The stock had previously closed at $32.25.
Bristow Group Stock Performance
The company has a market cap of $957.03 million, a PE ratio of -140.46 and a beta of 1.35. The firm's fifty day moving average is $26.52 and its 200 day moving average is $26.75. The company has a current ratio of 1.82, a quick ratio of 1.50 and a debt-to-equity ratio of 0.65.
Bristow Group (NYSE:VTOL - Get Free Report) last posted its quarterly earnings data on Tuesday, May 7th. The company reported $0.23 earnings per share (EPS) for the quarter. Bristow Group had a negative return on equity of 0.84% and a negative net margin of 0.52%. The company had revenue of $337.09 million for the quarter.
Insider Buying and Selling
In other Bristow Group news, EVP David F. Stepanek sold 9,033 shares of the firm's stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of $26.13, for a total value of $236,032.29. Following the transaction, the executive vice president now owns 46,878 shares in the company, valued at approximately $1,224,922.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 15.00% of the stock is owned by company insiders.
Institutional Investors Weigh In On Bristow Group
A number of large investors have recently made changes to their positions in the stock. Brown Advisory Inc. boosted its holdings in Bristow Group by 98.7% in the 4th quarter. Brown Advisory Inc. now owns 696,582 shares of the company's stock valued at $19,692,000 after purchasing an additional 345,971 shares during the last quarter. Wellington Management Group LLP lifted its holdings in Bristow Group by 78.1% in the third quarter. Wellington Management Group LLP now owns 421,300 shares of the company's stock valued at $11,868,000 after acquiring an additional 184,700 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Bristow Group by 12.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,264,574 shares of the company's stock worth $35,750,000 after acquiring an additional 142,065 shares during the period. Algert Global LLC increased its stake in Bristow Group by 211.4% during the third quarter. Algert Global LLC now owns 53,650 shares of the company's stock worth $1,511,000 after acquiring an additional 36,420 shares during the last quarter. Finally, First Eagle Investment Management LLC raised its position in Bristow Group by 73.5% in the first quarter. First Eagle Investment Management LLC now owns 84,144 shares of the company's stock valued at $2,289,000 after purchasing an additional 35,644 shares during the period. 93.29% of the stock is currently owned by hedge funds and other institutional investors.
Bristow Group Company Profile
(
Get Free Report)
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.
See Also
Before you consider Bristow Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bristow Group wasn't on the list.
While Bristow Group currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
