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

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

BrightView Price Performance

BV traded down $0.15 during trading on Friday, hitting $15.66. The company’s stock had a trading volume of 905,053 shares, compared to its average volume of 623,161. The firm’s 50 day moving average price is $16.23 and its two-hundred day moving average price is $14.67. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.64. BrightView has a 12 month low of $6.94 and a 12 month high of $18.89. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 142.36 and a beta of 1.28.

Wall Street Analyst Weigh In

BV has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their price target on BrightView from $11.00 to $14.00 and gave the company an “underweight” rating in a research note on Friday, August 2nd. Morgan Stanley initiated coverage on BrightView in a research note on Thursday, August 22nd. They issued an “equal weight” rating and a $16.00 price target on the stock. Baird R W raised BrightView from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 30th. The Goldman Sachs Group boosted their price target on BrightView from $11.30 to $12.90 and gave the company a “sell” rating in a research note on Friday. Finally, Jefferies Financial Group raised 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. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $16.41.

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.