Bristow Group (NYSE:VTOL) Releases Quarterly Earnings Results, Beats Estimates By $0.78 EPS

Bristow Group (NYSE:VTOL) released its quarterly earnings results on Tuesday. The company reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company 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 Stock Performance

Shares of NYSE VTOL traded down $0.23 during midday trading on Thursday, reaching $38.52. 103,220 shares of the stock were exchanged, compared to its average volume of 163,154. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of 9.64 and a beta of 1.33. Bristow Group has a twelve month low of $25.11 and a twelve month high of $42.89. The firm has a 50-day simple moving average of $38.10 and a two-hundred day simple moving average of $34.87. The company has a quick ratio of 1.44, a current ratio of 1.81 and a debt-to-equity ratio of 0.69.

Insider Transactions at Bristow Group

In related news, Director Wesley E. Kern sold 2,531 shares of Bristow Group stock in a transaction on Friday, August 8th. The shares were sold at an average price of $37.72, for a total value of $95,469.32. Following the sale, the director owned 35,079 shares of the company’s stock, valued at approximately $1,323,179.88. This trade represents a 6.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Maryanne Miller sold 1,800 shares of Bristow Group stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $38.37, for a total transaction of $69,066.00. Following the completion of the sale, the director directly owned 22,452 shares in the company, valued at $861,483.24. This represents a 7.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 9,581 shares of company stock valued at $361,253 in the last 90 days. 13.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VTOL. Arrowstreet Capital Limited Partnership increased its stake 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 purchasing an additional 32,857 shares during the period. JPMorgan Chase & Co. increased its stake 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 purchasing an additional 102,611 shares during the period. Jane Street Group LLC increased 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 purchasing an additional 34,317 shares during the period. AQR Capital Management LLC purchased a new stake in Bristow Group during the first quarter worth about $1,119,000. Finally, State of Wyoming increased its stake in Bristow Group by 16.4% during the second quarter. State of Wyoming now owns 5,804 shares of the company’s stock worth $191,000 after purchasing an additional 816 shares during the period. Hedge funds and other institutional investors own 93.29% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Bristow Group in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Bristow Group from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy”.

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.