The Benchmark Company slashes price target on Bristow Group Inc. [VTOL] – find out why.

MRKR Stock

Bristow Group Inc. [NYSE: VTOL] gained 0.12% or 0.04 points to close at $33.02 with a heavy trading volume of 124605 shares.

The daily chart for VTOL points out that the company has recorded 24.84% gains over the past six months.

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If we look at the average trading volume of 134.87K shares, VTOL reached to a volume of 124605 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Bristow Group Inc. [VTOL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VTOL shares is $42.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VTOL stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Benchmark Company have made an estimate for Bristow Group Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 16, 2022.

The Average True Range (ATR) for Bristow Group Inc. is set at 1.10, with the Price to Sales ratio for VTOL stock in the period of the last 12 months amounting to 0.70. The Price to Book ratio for the last quarter was 1.14, with the Price to Cash per share for the same quarter was set at 5.03.

Trading performance analysis for VTOL stock

Bristow Group Inc. [VTOL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.58. With this latest performance, VTOL shares dropped by -11.16% in over the last four-week period, additionally plugging by 24.84% over the last 6 months – not to mention a rise of 27.00% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VTOL stock in for the last two-week period is set at 48.97, with the RSI for the last a single of trading hit 45.26, and the three-weeks RSI is set at 52.22 for Bristow Group Inc. [VTOL]. The present Moving Average for the last 50 days of trading for this stock 31.15, while it was recorded at 32.95 for the last single week of trading, and 28.03 for the last 200 days.

Bristow Group Inc. [VTOL]: A deeper dive into fundamental analysis

Bristow Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.39 and a Current Ratio set at 1.73.

Bristow Group Inc. [VTOL]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VTOL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Bristow Group Inc. go to 7.00%.

An analysis of Institutional ownership at Bristow Group Inc. [VTOL]

The top three institutional holders of VTOL stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in VTOL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in VTOL stock with ownership which is approximately 5.8386%.

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