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PRNewswire (Wed, 6-Nov 4:30 PM ET)
Bristow Group Reports Third Quarter 2024 Results and Raises 2024 Full-Year Outlook
PRNewswire (Tue, 5-Nov 4:15 PM ET)
Bristow Group Inc is the provider of vertical flight solutions. It provides aviation services to a broad base of integrated, national, and independent energy companies. The company provides commercial search and rescue (SAR) services in multiple countries and public sector SAR services in the United Kingdom on behalf of the Maritime & Coastguard Agency (MCA). Additionally, it offers fixed-wing transportation and other aviation-related solutions. Its energy customers charter its helicopters to transport personnel to, from, and between onshore bases and offshore production platforms, drilling rigs, and other installations. It has customers in Australia, Brazil, Canada, Chile, Colombia, Guyana, India, Mexico, Nigeria, Norway, Spain, Suriname, Trinidad, the U.K. and the United States.
Bristow Group trades on the NYSE stock market under the symbol VTOL.
As of January 31, 2025, VTOL stock price declined to $33.58 with 18,600 million shares trading.
VTOL has a beta of 1.31, meaning it tends to be more sensitive to market movements. VTOL has a correlation of 0.14 to the broad based SPY ETF.
VTOL has a market cap of $960.99 million. This is considered a Small Cap stock.
Last quarter Bristow Group reported $365 million in Revenue and $.95 earnings per share. This fell short of revenue expectation by $-4 million and exceeded earnings estimates by $.34.
In the last 3 years, VTOL traded as high as $41.50 and as low as $20.08.
The top ETF exchange traded funds that VTOL belongs to (by Net Assets): IJR, VTI, IWM, AVUV, VXF.
VTOL has underperformed the market in the last year with a price return of +23.7% while the SPY ETF gained +25.6%. VTOL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.3% and -7.6%, respectively, while the SPY returned +5.4% and +3.0%, respectively.
VTOL support price is $33.30 and resistance is $34.68 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VTOL shares will trade within this expected range on the day.