Bristow Group (VTOL) Set to Announce Earnings on Tuesday

Bristow Group (NYSE:VTOL - Get Free Report) will be announcing its earnings results after the market closes on Tuesday, November 5th. Investors interested in registering for the company's conference call can do so using this link.

Bristow Group (NYSE:VTOL - Get Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $0.96 earnings per share for the quarter. The business had revenue of $359.75 million for the quarter. Bristow Group had a return on equity of 3.79% and a net margin of 2.27%.

Bristow Group Stock Performance

Shares of VTOL stock traded up $0.20 during mid-day trading on Tuesday, reaching $34.07. The stock had a trading volume of 136,938 shares, compared to its average volume of 118,699. The company has a current ratio of 1.86, a quick ratio of 1.53 and a debt-to-equity ratio of 0.68. Bristow Group has a 1-year low of $24.33 and a 1-year high of $41.50. The firm has a market cap of $975.02 million, a price-to-earnings ratio of 32.14 and a beta of 1.30. The business's fifty day moving average is $35.63 and its 200-day moving average is $34.24.

Insider Buying and Selling

In other news, Director Brian D. Truelove sold 3,000 shares of the business's stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $37.09, for a total value of $111,270.00. Following the completion of the transaction, the director now owns 33,504 shares of the company's stock, valued at $1,242,663.36. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, major shareholder Alternative Asset Manage Solus sold 75,000 shares of the firm's stock in a transaction on Friday, August 30th. The shares were sold at an average price of $39.50, for a total transaction of $2,962,500.00. Following the sale, the insider now owns 3,349,005 shares in the company, valued at approximately $132,285,697.50. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Brian D. Truelove sold 3,000 shares of Bristow Group stock in a transaction on Friday, August 9th. The shares were sold at an average price of $37.09, for a total transaction of $111,270.00. Following the completion of the transaction, the director now directly owns 33,504 shares of the company's stock, valued at $1,242,663.36. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 14.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, Benchmark raised their price target on shares of Bristow Group from $45.00 to $50.00 and gave the stock a "buy" rating in a research report on Thursday, August 8th.

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.