BrightView (BV) Projected to Post Earnings on Wednesday

BrightView (NYSE:BV) is anticipated to announce its earnings results before the market opens on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $611,634.62 billion for the quarter. BrightView has set its FY 2025 guidance at EPS.Investors that wish to register for the company’s conference call can do so using this link.

BrightView (NYSE:BV) last released its quarterly earnings data on Wednesday, November 13th. The company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.02. BrightView had a net margin of 2.40% and a return on equity of 7.65%. The firm had revenue of $728.70 million for the quarter, compared to the consensus estimate of $723.01 million. During the same quarter in the previous year, the firm earned $0.14 earnings per share. The firm’s revenue was down 2.0% on a year-over-year basis. On average, analysts expect BrightView to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

BrightView Stock Performance

NYSE BV opened at $15.46 on Tuesday. BrightView has a 1-year low of $8.12 and a 1-year high of $18.89. The company has a market capitalization of $1.48 billion, a P/E ratio of 140.56 and a beta of 1.30. The business has a 50 day moving average price of $16.29 and a 200 day moving average price of $15.76. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.44 and a quick ratio of 1.44.

Insider Buying and Selling

In other news, EVP Jonathan Mark Gottsegen sold 29,658 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $16.06, for a total transaction of $476,307.48. Following the completion of the transaction, the executive vice president now owns 100,354 shares of the company’s stock, valued at approximately $1,611,685.24. The trade was a 22.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.20% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on BV shares. Morgan Stanley raised their target price on shares of BrightView from $15.00 to $16.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. BTIG Research began coverage on BrightView in a research note on Monday, December 2nd. They issued a “buy” rating and a $22.00 target price for the company. Loop Capital increased their target price on BrightView from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Robert W. Baird raised their price objective on BrightView from $18.00 to $20.00 and gave the company an “outperform” rating in a research report on Thursday, November 14th. Finally, William Blair upgraded shares of BrightView from a “market perform” rating to an “outperform” rating in a report on Friday, November 15th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $17.11.

About BrightView

BrightView Holdings, Inc, through its subsidiaries, provides commercial landscaping services in the United States. It operates through two segments, Maintenance Services and Development Services. The Maintenance Services segment delivers a suite of recurring commercial landscaping services, including mowing, gardening, mulching and snow removal, water management, irrigation maintenance, tree care, golf course maintenance, and specialty turf maintenance.