BrightView (NYSE:BV) Issues Earnings Results

BrightView (NYSE:BV) released its quarterly earnings results on Wednesday. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.05), Briefing.com reports. The business had revenue of $702.80 million during the quarter, compared to analysts’ expectations of $718.03 million. BrightView had a net margin of 2.00% and a return on equity of 8.76%. The business’s revenue was down 3.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.30 EPS. BrightView updated its FY 2026 guidance to EPS.

BrightView Stock Performance

NYSE:BV opened at $11.80 on Thursday. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 393.43 and a beta of 1.29. The business has a 50 day moving average of $12.93 and a 200 day moving average of $14.62. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.31 and a quick ratio of 1.31. BrightView has a 1-year low of $11.64 and a 1-year high of $18.08.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on BV. Zacks Research upgraded shares of BrightView from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Wall Street Zen cut shares of BrightView from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of BrightView in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $19.25.

Insider Buying and Selling

In other BrightView news, EVP Amanda Marie Orders sold 70,000 shares of BrightView stock in a transaction that occurred 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 transaction, the executive vice president directly owned 38,446 shares of the company’s stock, valued at approximately $568,231.88. This trade represents a 64.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.20% of the stock is owned by insiders.

Hedge Funds Weigh In On BrightView

Several institutional investors and hedge funds have recently made changes to their positions in the business. Royal Bank of Canada raised its position in BrightView by 4.7% in the 1st quarter. Royal Bank of Canada now owns 699,959 shares of the company’s stock worth $8,988,000 after purchasing an additional 31,291 shares during the period. AQR Capital Management LLC boosted its position in BrightView by 75.9% during the first quarter. AQR Capital Management LLC now owns 209,995 shares of the company’s stock valued at $2,696,000 after buying an additional 90,627 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of BrightView by 7.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,443 shares of the company’s stock valued at $455,000 after buying an additional 2,349 shares during the last quarter. Millennium Management LLC increased its holdings in shares of BrightView by 54.2% in the first quarter. Millennium Management LLC now owns 1,456,682 shares of the company’s stock worth $18,704,000 after buying an additional 512,098 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in shares of BrightView by 11.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,658,306 shares of the company’s stock worth $21,293,000 after buying an additional 167,966 shares during the period. Institutional investors own 92.41% of the company’s stock.

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.