Bristow Group (VTOL) Stock Price, News & Analysis

Company Overview

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. The company has a fleet of aircrafts. It has customers in Australia, Brazil, Canada, Chile, the Dutch Caribbean, the Falkland Islands, India, Ireland, the Kingdom of Saudi Arabia, Mexico, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad, the United Kingdom, and United States. Bristow Group Inc. is based in Houston, Texas.

Key Stats

• Today's Range: $36.72 to $37.81
• 50-Day Range: $32.60 to $38.06
• 52-Week Range: $24.33 to $41.50
• Volume: 125,184 shs
• Average Volume: 140,469 shs
• Market Capitalization: $1.07 billion
• P/E Ratio: 20.16
• Dividend Yield: N/A
• Price Target: $50.00
• Consensus Rating: Buy

Bristow Group Stock Analysis - MarketRank™

Bristow Group scored higher than 62% of companies evaluated by MarketBeat, and ranked 76th out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Bristow Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Bristow Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Bristow Group is 20.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bristow Group is 20.16, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 15.83.

Price to Book Value per Share Ratio

Bristow Group has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.90% of the float of Bristow Group has been sold short.

Short Interest Ratio / Days to Cover

Bristow Group has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in Bristow Group has recently decreased by 0.81%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Bristow Group does not currently pay a dividend.

Dividend Growth

Bristow Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.90% of the float of Bristow Group has been sold short.

Short Interest Ratio / Days to Cover

Bristow Group has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in Bristow Group has recently decreased by 0.81%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.66

News Sentiment

Bristow Group has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Bristow Group this week, compared to 2 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Bristow Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,328,671.00 in company stock.

Percentage Held by Insiders

14.90% of the stock of Bristow Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

93.29% of the stock of Bristow Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

VTOL Stock Analysis - Frequently Asked Questions

How have VTOL shares performed this year?

Bristow Group's stock was trading at $28.27 at the start of the year. Since then, VTOL stock has increased by 32.6% and is now trading at $37.50.
View the best growth stocks for 2024 here.

How were Bristow Group's earnings last quarter?

Bristow Group Inc. (NYSE:VTOL) issued its earnings results on Tuesday, November, 5th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.34. The business earned $365.12 million during the quarter. Bristow Group had a net margin of 3.93% and a trailing twelve-month return on equity of 6.50%.

Who are Bristow Group's major shareholders?

Top institutional investors of Bristow Group include Solus Alternative Asset Management LP (11.70%), Taconic Capital Advisors LP (3.66%), State Street Corp (3.27%) and Wellington Management Group LLP (2.02%). Insiders that own company stock include Alternative Asset Manage Solus, Jennifer Dawn Whalen, David F Stepanek, Lorin L Brass, Brian D Truelove and George Mark Mickelson.
View institutional ownership trends.

How do I buy shares of Bristow Group?

Shares of VTOL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Bristow Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bristow Group investors own include Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Visa (V), Home Depot (HD) and Meta Platforms (META).

Company Calendar

• Last Earnings: 11/05/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/04/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: Air transportation, nonscheduled
• Sub-Industry: Transportation
• Current Symbol: NYSE:VTOL
• CUSIP: N/A
• CIK: 1525221
• Web: www.bristowgroup.com
• Phone: (713) 267-7600
• Fax: 281-606-4801
• Employees: 3,298
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $50.00
• High Stock Price Target: $50.00
• Low Stock Price Target: $50.00
• Potential Upside/Downside: +33.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.86
• Trailing P/E Ratio: 20.16
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-6,780,000.00
• Net Margins: 3.93%
• Pretax Margin: 6.91%
• Return on Equity: 6.50%
• Return on Assets: 2.78%

Debt

• Debt-to-Equity Ratio: 0.68
• Current Ratio: 1.83
• Quick Ratio: 1.49

Sales & Book Value

• Annual Sales: $1.30 billion
• Price / Sales: 0.83
• Cash Flow: $2.98 per share
• Price / Cash Flow: 12.59
• Book Value: $29.14 per share
• Price / Book: 1.29

Miscellaneous

• Outstanding Shares: 28,630,000
• Free Float: 24,362,000
• Market Cap: $1.07 billion
• Optionable: Optionable
• Beta: 1.31