Bristow Group (VTOL) to Release Earnings on Tuesday

Bristow Group (NYSE:VTOL – Get Rating) will be posting its quarterly earnings results after the market closes on Tuesday, May 31st.

NYSE:VTOL traded up $0.60 during midday trading on Friday, reaching $31.70. The stock had a trading volume of 52,222 shares, compared to its average volume of 76,985. The firm has a fifty day simple moving average of $32.62 and a two-hundred day simple moving average of $33.03. Bristow Group has a 12-month low of $24.85 and a 12-month high of $40.10. The company has a quick ratio of 1.69, a current ratio of 2.00 and a debt-to-equity ratio of 0.61. The stock has a market cap of $897.17 million, a P/E ratio of -16.95 and a beta of 1.31.

In related news, Director George Mark Mickelson sold 2,500 shares of Bristow Group stock in a transaction on Tuesday, March 1st. The shares were sold at an average price of $33.67, for a total value of $84,175.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 17.20% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the business. Captrust Financial Advisors lifted its holdings in Bristow Group by 89.4% in the third quarter. Captrust Financial Advisors now owns 1,227 shares of the company’s stock valued at $39,000 after acquiring an additional 579 shares during the period. Royal Bank of Canada raised its stake in shares of Bristow Group by 112.2% during the 3rd quarter. Royal Bank of Canada now owns 4,372 shares of the company’s stock worth $139,000 after buying an additional 2,312 shares during the last quarter. LSV Asset Management acquired a new position in shares of Bristow Group during the 1st quarter worth $152,000. Goldman Sachs Group Inc. acquired a new position in shares of Bristow Group during the 1st quarter worth $222,000. Finally, Credit Suisse AG acquired a new position in shares of Bristow Group during the 4th quarter worth $225,000. 95.35% of the stock is owned by institutional investors.

Bristow Group Company Profile (Get Rating)

Bristow Group Inc provides aviation services to integrated, national, and independent offshore energy companies in the United States. It also offers commercial and public sector search and rescue services; and other ad hoc helicopter and fixed wing transportation services. As of March 31, 2021, the company had a fleet of 247 aircraft.

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