Bristow Group (NYSE:VTOL) Posts Earnings Results

Bristow Group (NYSE:VTOL) issued its quarterly earnings data on Tuesday. The company reported ($0.28) earnings per share for the quarter, reports. The firm had revenue of $337.93 million for the quarter. Bristow Group had a negative net margin of 0.52% and a negative return on equity of 0.84%.

Bristow Group Price Performance

Shares of Bristow Group stock traded down $0.41 during trading on Friday, reaching $25.63. 126,577 shares of the stock traded hands, compared to its average volume of 104,821. The company has a market capitalization of $724.05 million, a price-to-earnings ratio of -106.17 and a beta of 1.33. The business has a fifty day simple moving average of $26.87 and a two-hundred day simple moving average of $27.12. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.82 and a quick ratio of 1.42. Bristow Group has a 52-week low of $20.08 and a 52-week high of $31.89.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Assenagon Asset Management S.A. bought a new position in shares of Bristow Group in the 3rd quarter valued at about $799,000. Algert Global LLC lifted its holdings in shares of Bristow Group by 211.4% in the 3rd quarter. Algert Global LLC now owns 53,650 shares of the company’s stock valued at $1,511,000 after acquiring an additional 36,420 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Bristow Group by 20.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 951,527 shares of the company’s stock valued at $27,337,000 after acquiring an additional 160,161 shares during the last quarter. Donald Smith & CO. Inc. lifted its holdings in shares of Bristow Group by 2.0% in the 2nd quarter. Donald Smith & CO. Inc. now owns 129,942 shares of the company’s stock valued at $3,733,000 after acquiring an additional 2,529 shares during the last quarter. Finally, Harbor Capital Advisors Inc. lifted its holdings in shares of Bristow Group by 28.1% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 18,301 shares of the company’s stock valued at $516,000 after acquiring an additional 4,015 shares during the last quarter. Institutional investors own 93.97% of the company’s stock.

About Bristow Group

Bristow Group Inc provides vertical flight solutions. It primarily offers aviation services to integrated, national, and independent offshore energy companies and government agencies. It also provides personnel transportation, search and rescue (SAR), medevac, ad hoc helicopter, and fixed wing transportation services, as well as logistical and maintenance support, training services, and flight and maintenance crews.