BrightView (BV) Expected to Announce Earnings on Wednesday

BrightView (NYSE:BV) is projected to issue its quarterly earnings data 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 interested in listening to the company’s conference call can do so using this link.

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

BrightView Trading Down 1.0 %

Shares of BV opened at $15.59 on Monday. BrightView has a twelve month low of $8.12 and a twelve month high of $18.89. The stock has a market cap of $1.49 billion, a PE ratio of 141.72 and a beta of 1.30. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.63. The business’s 50-day moving average price is $16.30 and its 200-day moving average price is $15.74.

Insiders Place Their Bets

In other news, EVP Jonathan Mark Gottsegen sold 29,658 shares of BrightView stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $16.06, for a total value of $476,307.48. Following the transaction, the executive vice president now owns 100,354 shares in the company, valued at approximately $1,611,685.24. The trade was a 22.81 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.20% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Loop Capital upped their target price on shares of BrightView from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Robert W. Baird upped their price target on shares of BrightView from $18.00 to $20.00 and gave the stock an “outperform” rating in a report on Thursday, November 14th. Morgan Stanley lifted their price objective on BrightView from $15.00 to $16.00 and gave the company an “equal weight” rating in a research note on Thursday, December 12th. William Blair upgraded BrightView from a “market perform” rating to an “outperform” rating in a research note on Friday, November 15th. Finally, BTIG Research assumed coverage on BrightView in a research report on Monday, December 2nd. They set a “buy” rating and a $22.00 price target for the company. Two research analysts have rated the stock with a sell rating, one has given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $17.11.

BrightView 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.