BrightView (NYSE:BV – Get Free Report) posted its earnings results on Wednesday. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.08), Zacks reports. BrightView had a return on equity of 8.76% and a net margin of 2.00%. BrightView updated its FY 2026 guidance to EPS.
BrightView Stock Down 0.7%
Shares of NYSE BV traded down $0.09 during trading hours on Wednesday, hitting $11.80. The company had a trading volume of 1,659,748 shares, compared to its average volume of 764,099. BrightView has a 1-year low of $11.64 and a 1-year high of $18.08. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.62. The firm’s 50 day moving average is $12.97 and its 200-day moving average is $14.64. The stock has a market capitalization of $1.12 billion, a P/E ratio of 393.43 and a beta of 1.29.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of BrightView in a report on Wednesday, October 8th. Wall Street Zen cut BrightView from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, Zacks Research raised BrightView from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $19.25.
Insiders Place Their Bets
In other BrightView news, EVP Amanda Marie Orders sold 70,000 shares of the company’s stock in a transaction on Monday, August 25th. The shares were sold at an average price of $14.78, for a total transaction of $1,034,600.00. Following the sale, the executive vice president directly owned 38,446 shares of the company’s stock, valued at approximately $568,231.88. This represents a 64.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 2.20% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of BV. XTX Topco Ltd acquired a new stake in BrightView in the 3rd quarter valued at about $679,000. Alyeska Investment Group L.P. raised its stake in BrightView by 5.9% in the 3rd quarter. Alyeska Investment Group L.P. now owns 450,000 shares of the company’s stock valued at $6,030,000 after acquiring an additional 25,000 shares during the period. Qube Research & Technologies Ltd lifted its holdings in BrightView by 29.3% during the 3rd quarter. Qube Research & Technologies Ltd now owns 440,735 shares of the company’s stock valued at $5,906,000 after purchasing an additional 99,928 shares during the last quarter. Punch & Associates Investment Management Inc. lifted its holdings in BrightView by 0.4% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 1,099,128 shares of the company’s stock valued at $14,728,000 after purchasing an additional 4,654 shares during the last quarter. Finally, Brevan Howard Capital Management LP boosted its position in BrightView by 44.3% during the third quarter. Brevan Howard Capital Management LP now owns 20,779 shares of the company’s stock worth $278,000 after purchasing an additional 6,384 shares during the period. 92.41% of the stock is currently owned by institutional investors and hedge funds.
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.
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