BrightView (BV) Expected to Announce Quarterly Earnings on Wednesday

BrightView (NYSE:BV) will likely be issuing 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 registering for the company’s conference call can do so using this link.

BrightView (NYSE:BV) last issued its quarterly earnings data on Wednesday, November 13th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.02. The company had revenue of $728.70 million during the quarter, compared to the consensus estimate of $723.01 million. BrightView had a return on equity of 7.65% and a net margin of 2.40%. The firm’s revenue was down 2.0% compared to the same quarter last year. During the same period last year, the company earned $0.14 earnings per share. 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 0.9 %

BV stock opened at $15.46 on Tuesday. The company has a market capitalization of $1.48 billion, a PE ratio of 140.56 and a beta of 1.30. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.44 and a current ratio of 1.44. BrightView has a one year low of $8.12 and a one year high of $18.89. The company’s 50 day moving average price is $16.29 and its two-hundred day moving average price is $15.76.

Wall Street Analysts Forecast Growth

BV has been the topic of several research reports. Morgan Stanley raised their target price on BrightView from $15.00 to $16.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. The Goldman Sachs Group upped their target price on shares of BrightView from $11.30 to $12.90 and gave the stock a “sell” rating in a research report on Friday, November 15th. Loop Capital raised their price target on BrightView from $18.00 to $20.00 and gave the company a “buy” rating in a report on Friday, November 15th. BTIG Research started coverage on shares of BrightView in a report on Monday, December 2nd. They issued a “buy” rating and a $22.00 target price on the stock. Finally, William Blair upgraded shares of BrightView from a “market perform” rating to an “outperform” rating in a research note on Friday, November 15th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, BrightView has an average rating of “Moderate Buy” and an average price target of $17.11.

Insider Buying and Selling at BrightView

In other news, EVP Jonathan Mark Gottsegen sold 29,658 shares of BrightView stock in a transaction that occurred 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 directly owns 100,354 shares of the company’s stock, valued at $1,611,685.24. The trade was a 22.81 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.20% of the stock is owned by corporate insiders.

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.