BrightView (BV) to Release Quarterly Earnings on Wednesday

BrightView (NYSE:BV) is scheduled to be releasing its earnings data after the market closes on Wednesday, November 13th. Analysts expect BrightView to post earnings of $0.28 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

BrightView Stock Up 1.8 %

Shares of BV opened at $17.14 on Wednesday. The stock has a market capitalization of $1.62 billion, a PE ratio of 142.80 and a beta of 1.28. BrightView has a 1 year low of $6.86 and a 1 year high of $17.49. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.45 and a current ratio of 1.45. The company’s 50-day simple moving average is $15.85 and its 200-day simple moving average is $14.31.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on BV. Jefferies Financial Group raised shares of BrightView from a “hold” rating to a “buy” rating and increased their price target for the stock from $13.00 to $17.00 in a research report on Wednesday, August 21st. JPMorgan Chase & Co. increased their price target on shares of BrightView from $11.00 to $14.00 and gave the stock an “underweight” rating in a research report on Friday, August 2nd. Loop Capital raised shares of BrightView to a “strong-buy” rating in a report on Tuesday, July 30th. Robert W. Baird raised shares of BrightView from a “neutral” rating to an “outperform” rating and raised their target price for the company from $13.00 to $17.00 in a report on Tuesday, July 30th. Finally, Morgan Stanley began coverage on shares of BrightView in a report on Thursday, August 22nd. They issued an “equal weight” rating and a $16.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $15.47.

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.