Bristow Group (NYSE:VTOL) Issues Quarterly Earnings Results

Bristow Group (NYSE:VTOL) released its quarterly earnings results on Tuesday. The company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.78, Zacks reports. Bristow Group had a net margin of 8.24% and a return on equity of 12.86%. The business had revenue of $386.29 million for the quarter, compared to the consensus estimate of $400.00 million. Bristow Group updated its FY 2026 guidance to EPS and its FY 2025 guidance to EPS.

Bristow Group Price Performance

VTOL traded down $1.87 during trading on Wednesday, hitting $39.41. 76,565 shares of the company traded hands, compared to its average volume of 162,250. The company has a market cap of $1.14 billion, a PE ratio of 9.82 and a beta of 1.33. The stock’s 50-day simple moving average is $38.08 and its two-hundred day simple moving average is $34.84. Bristow Group has a 1 year low of $25.11 and a 1 year high of $42.89. The company has a current ratio of 1.81, a quick ratio of 1.44 and a debt-to-equity ratio of 0.69.

Wall Street Analysts Forecast Growth

VTOL has been the topic of several recent research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Bristow Group in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of Bristow Group from a “hold” rating to a “buy” rating in a research report on Sunday, October 19th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Insider Buying and Selling

In other Bristow Group news, Director Robert Manzo sold 10,000 shares of Bristow Group stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $37.11, for a total value of $371,100.00. Following the sale, the director directly owned 38,583 shares in the company, valued at approximately $1,431,815.13. The trade was a 20.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Jennifer Dawn Whalen sold 5,000 shares of Bristow Group stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $37.55, for a total transaction of $187,750.00. Following the completion of the sale, the chief financial officer owned 94,203 shares in the company, valued at approximately $3,537,322.65. This represents a 5.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 34,581 shares of company stock worth $1,291,103 in the last 90 days. 13.40% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Taconic Capital Advisors LP increased its holdings in shares of Bristow Group by 6.4% during the 2nd quarter. Taconic Capital Advisors LP now owns 1,331,073 shares of the company’s stock valued at $43,885,000 after purchasing an additional 80,000 shares in the last quarter. Bridgeway Capital Management LLC boosted its holdings in Bristow Group by 40.6% during the second quarter. Bridgeway Capital Management LLC now owns 237,275 shares of the company’s stock worth $7,823,000 after buying an additional 68,473 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in 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 buying an additional 102,611 shares in the last quarter. Public Sector Pension Investment Board boosted its holdings in Bristow Group by 8.0% during the second quarter. Public Sector Pension Investment Board now owns 84,362 shares of the company’s stock worth $2,781,000 after buying an additional 6,263 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Bristow Group by 75.9% during the second quarter. Arrowstreet Capital Limited Partnership now owns 76,152 shares of the company’s stock worth $2,511,000 after buying an additional 32,857 shares in the last quarter. Institutional investors and hedge funds own 93.29% of the company’s stock.

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.