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

BrightView (NYSE:BV) issued its quarterly earnings results on Wednesday. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.02, Briefing.com reports. The company had revenue of $728.70 million for the quarter, compared to analyst estimates of $723.01 million. BrightView had a return on equity of 7.69% and a net margin of 2.40%. The company’s quarterly 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. BrightView updated its FY 2025 guidance to EPS.

BrightView Stock Performance

BV traded down $0.15 during midday trading on Friday, reaching $15.66. The company’s stock had a trading volume of 905,053 shares, compared to its average volume of 623,161. The stock has a market cap of $1.48 billion, a P/E ratio of 142.36 and a beta of 1.28. The company has a fifty day simple moving average of $16.23 and a 200 day simple moving average of $14.67. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.64. BrightView has a twelve month low of $6.94 and a twelve month high of $18.89.

Analyst Ratings Changes

A number of research firms recently weighed in on BV. Morgan Stanley began coverage on BrightView in a research report on Thursday, August 22nd. They issued an “equal weight” rating and a $16.00 price target for the company. William Blair raised BrightView from a “market perform” rating to an “outperform” rating in a research note on Friday. The Goldman Sachs Group raised their price target on BrightView from $11.30 to $12.90 and gave the stock a “sell” rating in a research note on Friday. Baird R W raised BrightView from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 30th. Finally, Loop Capital raised their price objective on BrightView from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Friday. Two research analysts have rated the stock with a sell rating, one has given a hold rating, five 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 company presently has an average rating of “Moderate Buy” and a consensus price target 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.