BrightView (NYSE:BV) Stock Gets Price Target Cut from Robert W. Baird

BrightView (NYSE:BV – Free Report) had its price target decreased by Robert W. Baird from $14.00 to $12.00 in a research report report published on Wednesday,Benzinga reports. Robert W. Baird currently has an outperform rating on the stock.

Other research analysts also recently issued reports about the company. Morgan Stanley cut their price objective on BrightView from $12.50 to $11.50 and set an “equal weight” rating for the company in a research note on Tuesday, October 13th. Wall Street Zen cut shares of BrightView from a “hold” rating to a “sell” rating in a research note on Saturday, November 7th. Zacks Research upgraded shares of BrightView from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of BrightView in a report on Thursday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $12.03.

Get Our Latest Stock Analysis on BrightView

BrightView Price Performance

NYSE BV opened at $9.83 on Wednesday. The business’s fifty day moving average is $10.79 and its 200 day moving average is $12.23. BrightView has a fifty-two week low of $9.52 and a fifty-two week high of $15.00. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.28 and a current ratio of 1.29. The company has a market capitalization of $896.77 million, a PE ratio of -25.88, a price-to-earnings-growth ratio of 1.32 and a beta of 1.16.

BrightView (NYSE:BV – Get Free Report) last issued its quarterly earnings results on Tuesday, November 10th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.08). BrightView had a return on equity of 3.86% and a net margin of 0.03%. The company had revenue of $677.30 million during the quarter, compared to analysts’ expectations of $723.76 million. During the same quarter in the previous year, the company earned $0.27 EPS. The business’s quarterly revenue was down 3.6% compared to the same quarter last year. Sell-side analysts predict that BrightView will post 0.52 earnings per share for the current year.

Institutional Investors Weigh In On BrightView

A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. bought a new position in shares of BrightView in the second quarter worth about $80,091,000. Dimensional Fund Advisors LP grew its position in shares of BrightView by 3.8% during the first quarter. Dimensional Fund Advisors LP now owns 5,268,756 shares of the company’s stock worth $62,118,000 after purchasing an additional 192,376 shares in the last quarter. Van Berkom & Associates Inc. grew its position in shares of BrightView by 3.7% during the first quarter. Van Berkom & Associates Inc. now owns 5,038,617 shares of the company’s stock worth $59,405,000 after purchasing an additional 179,757 shares in the last quarter. Bessemer Group Inc. grew its position in shares of BrightView by 5.6% during the first quarter. Bessemer Group Inc. now owns 1,879,712 shares of the company’s stock worth $22,162,000 after purchasing an additional 99,103 shares in the last quarter. Finally, Royce & Associates LP raised its stake in BrightView by 25.2% during the 3rd quarter. Royce & Associates LP now owns 1,892,503 shares of the company’s stock valued at $18,925,000 after purchasing an additional 381,505 shares during the period. Hedge funds and other institutional investors own 92.41% of the company’s stock.

Key Stories Impacting BrightView

These are some of the BV stories that stood out recently:

  • Negative Sentiment: BrightView reported EPS of $0.18 versus analysts’ $0.26 estimate and revenue of $677.3 million versus a $723.8 million consensus. Development Services revenue fell about 17.8%, weighing on results despite maintenance growth. BrightView Holdings Reports Weak Q4 2026 as EPS Misses Estimates
  • Negative Sentiment: Analysts lowered price targets after the results. Goldman Sachs cut its target to $8.70 and assigned a sell rating; JPMorgan reduced its target to $11 and kept a neutral rating. BTIG and Baird also lowered targets. JPMorgan Cuts BrightView Price Target
  • Negative Sentiment: The earnings miss coincided with shares reaching a 12-month low and crossing below the 50-day moving average, signaling continued market concern. Separately, a notice announced a pending investor investigation; this is an investigation notice, not a finding of wrongdoing. BrightView Investigation Notice

BrightView Company Profile

(Get Free Report)

BrightView Holdings, Inc. provides commercial landscaping services in the United States. Its services include landscape maintenance, design and development, enhancements, and tree care for properties such as corporate campuses, residential communities, and public spaces. The company also provides snow and ice management and related services to help clients maintain their properties throughout the year. BrightView was formed in 2014 through the combination of landscaping businesses Brickman and ValleyCrest.

See Also

Analyst Recommendations for BrightView (NYSE:BV)

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