BrightView (NYSE:BV) Releases Earnings Results, Beats Expectations By $0.02 EPS

BrightView (NYSE:BV) posted its quarterly earnings data on Wednesday. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.28 by $0.02, Briefing.com reports. BrightView had a net margin of 2.40% and a return on equity of 7.69%. The firm had revenue of $728.70 million during the quarter, compared to analyst estimates of $723.01 million. During the same quarter in the previous year, the business posted $0.14 EPS. BrightView’s revenue was down 2.0% on a year-over-year basis. BrightView updated its FY 2025 guidance to EPS.

BrightView Price Performance

Shares of BrightView stock traded down $0.15 during mid-day trading on Friday, reaching $15.66. 905,053 shares of the stock traded hands, compared to its average volume of 623,161. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.64. The business has a 50-day moving average of $16.23 and a 200 day moving average of $14.67. The stock has a market capitalization of $1.48 billion, a PE ratio of 142.36 and a beta of 1.28. BrightView has a fifty-two week low of $6.94 and a fifty-two week high of $18.89.

Analyst Upgrades and Downgrades

Several analysts have weighed in on BV shares. Robert W. Baird boosted their target price on shares of BrightView from $18.00 to $20.00 and gave the stock an “outperform” rating in a research report on Thursday. Loop Capital upped their target price on BrightView from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Friday. Morgan Stanley initiated coverage on BrightView in a research note on Thursday, August 22nd. They issued an “equal weight” rating and a $16.00 target price for the company. Jefferies Financial Group upgraded BrightView from a “hold” rating to a “buy” rating and boosted their price target for the company from $13.00 to $17.00 in a research note on Wednesday, August 21st. Finally, The Goldman Sachs Group lifted their target price on BrightView from $11.30 to $12.90 and gave the stock a “sell” rating in a report on Friday. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, BrightView has a consensus rating of “Moderate Buy” and a consensus target price of $16.41.

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.