BrightView (NYSE:BV) Releases Quarterly Earnings Results, Misses Expectations By $0.08 EPS

BrightView (NYSE:BV) issued its earnings results on Wednesday. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.08), Zacks reports. BrightView had a return on equity of 8.76% and a net margin of 2.00%. BrightView updated its FY 2026 guidance to EPS.

BrightView Trading Down 0.7%

Shares of BV stock traded down $0.09 on Wednesday, reaching $11.80. 1,659,748 shares of the stock were exchanged, compared to its average volume of 764,099. The stock has a 50 day moving average price of $12.97 and a 200 day moving average price of $14.64. The stock has a market cap of $1.12 billion, a PE ratio of 393.43 and a beta of 1.29. BrightView has a one year low of $11.64 and a one year high of $18.08. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.31 and a quick ratio of 1.31.

Wall Street Analyst Weigh In

Several research firms have issued reports on BV. Zacks Research upgraded BrightView from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Wall Street Zen lowered shares of BrightView from a “buy” rating to a “hold” rating in a 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 given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $19.25.

Insider Buying and Selling

In other BrightView news, EVP Amanda Marie Orders sold 70,000 shares of the business’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $14.78, for a total transaction of $1,034,600.00. Following the completion of the sale, the executive vice president directly owned 38,446 shares of the company’s stock, valued at approximately $568,231.88. The trade was a 64.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On BrightView

A number of hedge funds and other institutional investors have recently bought and sold shares of BV. Dimensional Fund Advisors LP boosted its position in shares of BrightView by 2.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 4,921,321 shares of the company’s stock worth $65,944,000 after purchasing an additional 114,602 shares during the last quarter. Alliancebernstein L.P. raised its position in shares of BrightView by 7.5% in the 3rd quarter. Alliancebernstein L.P. now owns 1,811,910 shares of the company’s stock valued at $24,280,000 after acquiring an additional 127,040 shares during the period. Goldman Sachs Group Inc. boosted its stake in BrightView by 11.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,658,306 shares of the company’s stock worth $21,293,000 after acquiring an additional 167,966 shares during the last quarter. Millennium Management LLC grew its holdings in BrightView by 54.2% during the first quarter. Millennium Management LLC now owns 1,456,682 shares of the company’s stock valued at $18,704,000 after purchasing an additional 512,098 shares during the period. Finally, Punch & Associates Investment Management Inc. increased its stake in BrightView by 0.4% in the third quarter. Punch & Associates Investment Management Inc. now owns 1,099,128 shares of the company’s stock valued at $14,728,000 after purchasing an additional 4,654 shares in the last quarter. 92.41% of the stock is owned by institutional investors.

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.