BrightView (NYSE:BV) Price Target Lowered to $15.00 at Robert W. Baird

BrightView (NYSE:BVGet Free Report) had its target price decreased by Robert W. Baird from $19.00 to $15.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Robert W. Baird’s target price points to a potential upside of 27.09% from the company’s previous close.

BV has been the subject of several other research reports. Zacks Research raised BrightView from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Wall Street Zen downgraded shares of BrightView from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of BrightView in a research note on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $18.25.

View Our Latest Research Report on BV

BrightView Trading Down 0.7%

BV opened at $11.80 on Thursday. BrightView has a twelve month low of $11.64 and a twelve month high of $18.08. The company has a fifty day moving average of $12.93 and a 200-day moving average of $14.62. The stock has a market cap of $1.12 billion, a PE ratio of 393.43 and a beta of 1.29. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.62.

BrightView (NYSE:BVGet Free Report) last issued its quarterly earnings results on Wednesday, November 19th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). BrightView had a net margin of 2.00% and a return on equity of 8.76%. The firm had revenue of $702.80 million for the quarter, compared to the consensus estimate of $718.03 million. During the same period last year, the company posted $0.30 EPS. The business’s revenue was down 3.6% compared to the same quarter last year. BrightView has set its FY 2026 guidance at EPS. On average, sell-side analysts predict that BrightView will post 0.73 EPS for the current year.

Insider Activity

In related news, EVP Amanda Marie Orders sold 70,000 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $14.78, for a total value of $1,034,600.00. Following the transaction, the executive vice president directly owned 38,446 shares in the company, valued at $568,231.88. This trade represents a 64.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp grew its holdings in shares of BrightView by 1.7% during the first quarter. Bank of New York Mellon Corp now owns 194,841 shares of the company’s stock valued at $2,502,000 after buying an additional 3,286 shares during the last quarter. CWM LLC lifted its position in BrightView by 58.7% in the 1st quarter. CWM LLC now owns 3,418 shares of the company’s stock valued at $44,000 after acquiring an additional 1,264 shares in the last quarter. Allianz Asset Management GmbH acquired a new position in BrightView during the 1st quarter valued at about $517,000. Y Intercept Hong Kong Ltd acquired a new position in BrightView during the 1st quarter valued at about $366,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in BrightView during the 1st quarter worth approximately $208,000. Institutional investors and hedge funds own 92.41% of the company’s stock.

BrightView Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for BrightView (NYSE:BV)

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