The stock of BrightView Holdings Inc (BV) has seen a -1.83% decrease in the past week, with a 6.49% gain in the past month, and a 46.72% flourish in the past quarter. The volatility ratio for the week is 3.86%, and the volatility levels for the past 30 days are at 3.33% for BV. The simple moving average for the last 20 days is 6.63% for BV stock, with a simple moving average of 40.50% for the last 200 days.
Is It Worth Investing in BrightView Holdings Inc (NYSE: BV) Right Now?
BrightView Holdings Inc (NYSE: BV) has a price-to-earnings ratio of 57.02x that is above its average ratio. Additionally, the 36-month beta value for BV is 1.29. 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 40.69M and currently, short sellers hold a 3.60% ratio of that float. The average trading volume of BV on May 10, 2024 was 744.65K shares.
BV) stock’s latest price update
The stock price of BrightView Holdings Inc (NYSE: BV) has surged by 0.41 when compared to previous closing price of 12.26, but the company has seen a -1.83% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-05 that BrightView Holdings, Inc. (NYSE:BV ) Q2 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Chris Stoczko – Vice President of Finance Dale Asplund – President & Chief Executive Officer Brett Urban – Chief Financial Officer Conference Call Participants Bob Labick – CJS Securities Tim Mulrooney – William Blair George Tong – Goldman Sachs Greg Palm – Craig-Hallum Capital Group Hans Hoffman – Jefferies Operator Good morning everyone and welcome to the BrightView Holdings Second Quarter 2024 Earnings Call. [Operator Instructions] With that, I’ll turn the conference over to Chris Stoczko.
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 11.73% 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 unable to rebound, for now settling with -4.65% of loss for the given period.
Volatility was left at 3.33%, however, over the last 30 days, the volatility rate increased by 3.86%, as shares surge +4.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +43.14% upper at present.
During the last 5 trading sessions, BV fell by -1.83%, which changed the moving average for the period of 200-days by +56.42% in comparison to the 20-day moving average, which settled at $11.57. In addition, BrightView Holdings Inc saw 46.20% 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:
- 0.04 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 0.04. Equity return is now at value 3.44, with 1.52 for asset returns.
Based on BrightView Holdings Inc (BV), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is 1.56.
Currently, EBITDA for the company is 244.0 million with net debt to EBITDA at 3.56. 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 5.23for 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 1.67.
Conclusion
In conclusion, BrightView Holdings Inc (BV) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
