BrightView Holdings Inc (BV) Stock Experiences 1.89% Monthly Change

In the past week, BV stock has gone up by 10.90%, with a monthly gain of 1.89% and a quarterly surge of 40.38%. The volatility ratio for the week is 2.21%, and the volatility levels for the last 30 days are 3.55% for BrightView Holdings Inc. The simple moving average for the past 20 days is 9.14% for BV’s stock, with a 43.60% simple moving average for the past 200 days.

Is It Worth Investing in BrightView Holdings Inc (NYSE: BV) Right Now?

The 36-month beta value for BV is also noteworthy at 1.28. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 4 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

The public float for BV is 40.64M, and at present, short sellers hold a 3.60% of that float. The average trading volume of BV on May 02, 2024 was 670.47K shares.

BV) stock’s latest price update

BrightView Holdings Inc (NYSE: BV)’s stock price has gone rise by 10.12 in comparison to its previous close of 11.27, however, the company has experienced a 10.90% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-01 that Although the revenue and EPS for BrightView (BV) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Analysts’ Opinion of BV

Many brokerage firms have already submitted their reports for BV stocks, with Goldman repeating the rating for BV by listing it as a “Sell.” The predicted price for BV in the upcoming period, according to Goldman is $10 based on the research report published on April 04, 2024 of the current year 2024.

Craig Hallum, on the other hand, stated in their research note that they expect to see BV reach a price target of $15. The rating they have provided for BV stocks is “Buy” according to the report published on March 04th, 2024.

Jefferies gave a rating of “Hold” to BV, setting the target price at $8 in the report published on November 21st of the previous year.

BV Trading at 16.86% from the 50-Day Moving Average

After a stumble in the market that brought BV to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.49% of gains for the given period.

Volatility was left at 3.55%, however, over the last 30 days, the volatility rate increased by 2.21%, as shares surge +6.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +48.50% upper at present.

During the last 5 trading sessions, BV rose by +10.95%, which changed the moving average for the period of 200-days by +62.71% in comparison to the 20-day moving average, which settled at $11.41. In addition, BrightView Holdings Inc saw 47.39% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at BV starting from DONNELLY THOMAS C, who purchase 1,000 shares at the price of $7.67 back on Nov 30 ’23. After this action, DONNELLY THOMAS C now owns 227,711 shares of BrightView Holdings Inc, valued at $7,670 using the latest closing price.

Cornog William L, the Director of BrightView Holdings Inc, purchase 30,000 shares at $7.34 during a trade that took place back on Nov 20 ’23, which means that Cornog William L is holding 20,000 shares at $220,120 based on the most recent closing price.

Stock Fundamentals for BV

Current profitability levels for the company are sitting at:

  • 0.06 for the present operating margin
  • 0.24 for the gross margin

The net margin for BrightView Holdings Inc stands at 0.01. The total capital return value is set at 0.06. Equity return is now at value -0.36, with -0.16 for asset returns.

Based on BrightView Holdings Inc (BV), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 0.78. The interest coverage ratio of the stock is 2.03.

Currently, EBITDA for the company is 244.0 million with net debt to EBITDA at 3.52. When we switch over and look at the enterprise to sales, we see a ratio of 0.7. The receivables turnover for the company is 6.68for trailing twelve months and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.

Conclusion

In summary, BrightView Holdings Inc (BV) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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