In yesterday’s Wall Street session, BrightView Holdings Inc. (NYSE:BV) shares traded at $7.62, down -2.06% from the previous session.
As of this writing, 6 analysts cover BrightView Holdings Inc. (NYSE:BV). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $14.00 and a low of $7.00, we find $9.10. Given the previous closing price of $7.78, this indicates a potential upside of 16.97 percent. BV stock price is now 3.89% away from the 50-day moving average and -24.89% away from the 200-day moving average. The market capitalization of the company currently stands at $699.44M.
There are 4 analysts who have given it a hold rating, whereas 1 have given it a buy rating. Brokers who have rated the stock have averaged $9.52 as their price target over the next twelve months.
With the price target reduced from $14 to $8, Jefferies Downgraded its rating from Buy to Hold for BrightView Holdings Inc. (NYSE: BV)., while ‘Goldman’ rates the stock as ‘Neutral’.
In other news, DONNELLY THOMAS C, President, Landscape Dev. bought 5,000 shares of the company’s stock on May 20. The stock was bought for $58,750 at an average price of $11.75. Upon completion of the transaction, the President, Landscape Dev. now directly owns 169,489 shares in the company, valued at $1.29 million. Insiders disposed of 79,598 shares of company stock worth roughly $0.61 million over the past 1 year. A total of 1.70% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in BV stock. A new stake in BrightView Holdings Inc. shares was purchased by ARROWSTREET CAPITAL, LIMITED PARTNERSHIP during the first quarter worth $1,522,000. CORNERCAP INVESTMENT COUNSEL INC invested $734,000 in shares of BV during the first quarter. In the first quarter, GIRARD PARTNERS LTD. acquired a new stake in BrightView Holdings Inc. valued at approximately $618,000. ENGINEERS GATE MANAGER LP acquired a new stake in BV for approximately $366,000. CUBIST SYSTEMATIC STRATEGIES, LLC purchased a new stake in BV valued at around $331,000 in the second quarter. In total, there are 180 active investors with 95.00% ownership of the company’s stock.
Thursday morning saw BrightView Holdings Inc. (NYSE: BV) opened at $7.73. During the past 12 months, BrightView Holdings Inc. has had a low of $5.78 and a high of $14.07. As of last week, the company has a debt-to-equity ratio of 1.10, a current ratio of 1.40, and a quick ratio of 1.40. The fifty day moving average price for BV is $7.33 and a two-hundred day moving average price translates $10.15 for the stock.
The latest earnings results from BrightView Holdings Inc. (NYSE: BV) was released for Jun, 2022. According to the Specialty Business Services Company, earnings per share came in at $0.43, missing analysts’ expectations of $0.48 by -0.05. This compares to $0.25 EPS in the same period last year. The net profit margin was 0.50% and return on equity was 1.10% for BV. The company reported revenue of $723.5 million for the quarter, compared to $673.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.39 percent. For the current quarter, analysts expect BV to generate $724.66M in revenue.
BrightView Holdings Inc.(BV) Company Profile
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. Its customers’ properties include corporate and commercial properties, homeowners associations, public parks, hotels and resorts, hospitals and other healthcare facilities, educational institutions, restaurants and retail, and golf courses. This segment’s customer base includes approximately 13,000 office parks and corporate campuses, 8,000 residential communities, and 450 educational institutions. The Development Services segment offers landscape architecture and development services for new facilities and redesign projects. Its services include project design and management services, landscape architecture and installation, irrigation installation, tree moving and installation, pool and water features, sports field, and other services. BrightView Holdings, Inc. also operates as official field consultant to various league baseball. The company was founded in 1939 and is headquartered in Blue Bell, Pennsylvania.