BrightView Holdings Inc (NYSE: BV) has a price-to-earnings ratio that is above its average at 115.30x. The stock has a 36-month beta value of 1.29. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 4 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for BV is 59.17M, and at present, short sellers hold a 8.87% of that float. On August 21, 2024, the average trading volume of BV was 688.28K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
BV) stock’s latest price update
The stock price of BrightView Holdings Inc (NYSE: BV) has surged by 5.79 when compared to previous closing price of 14.54, but the company has seen a 5.13% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-08-03 that BrightView Holdings, Inc. (NYSE:BV ) Q3 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Chris Stoczko – Vice President of Finance and Investor Relations Dale Asplund – President and Chief Executive Officer Brett Urban – Chief Financial Officer Conference Call Participants Tim Mulrooney – William Blair Bob Labick – CJS Securities Andy Wittmann – Robert W. Baird Greg Palm – Craig-Hallum Capital Group Jeffrey Stevenson – Loop Capital George Tong – Goldman Sachs Harold Antor – Jefferies Operator Hello, and welcome to BrightView Holdings’ Third Quarter 2024 Earnings Call.
BV’s Market Performance
BrightView Holdings Inc (BV) has experienced a 5.13% rise in stock performance for the past week, with a 10.50% rise in the past month, and a 8.17% rise in the past quarter. The volatility ratio for the week is 2.74%, and the volatility levels for the past 30 days are at 3.84% for BV. The simple moving average for the last 20 days is 7.46% for BV stock, with a simple moving average of 42.13% for the last 200 days.
Analysts’ Opinion of BV
Robert W. Baird, on the other hand, stated in their research note that they expect to see BV reach a price target of $17, previously predicting the price at $13. The rating they have provided for BV stocks is “Outperform” according to the report published on July 30th, 2024.
Loop Capital gave a rating of “Buy” to BV, setting the target price at $18 in the report published on July 30th of the current year.
BV Trading at 11.91% 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 -1.91% of loss for the given period.
Volatility was left at 3.84%, however, over the last 30 days, the volatility rate increased by 2.74%, as shares surge +15.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.71% upper at present.
During the last 5 trading sessions, BV rose by +5.26%, which changed the moving average for the period of 200-days by +123.51% in comparison to the 20-day moving average, which settled at $14.41. In addition, BrightView Holdings Inc saw 82.67% 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 KKR Group Partnership L.P., who sale 17,500,000 shares at the price of $12.48 back on May 23 ’24. After this action, KKR Group Partnership L.P. now owns 33,133,123 shares of BrightView Holdings Inc, valued at $218,400,000 using the latest closing price.
KKR BrightView Aggregator L.P., the 10% Owner of BrightView Holdings Inc, sale 17,500,000 shares at $12.48 during a trade that took place back on May 23 ’24, which means that KKR BrightView Aggregator L.P. is holding 33,133,123 shares at $218,400,000 based on the most recent closing price.
Stock Fundamentals for BV
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.23 for the gross margin
The net margin for BrightView Holdings Inc stands at 0.02. The total capital return value is set at 0.05. Equity return is now at value 3.82, with 1.71 for asset returns.
Based on BrightView Holdings Inc (BV), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 0.47. The interest coverage ratio of the stock is 2.06.
Currently, EBITDA for the company is 244.0 million with net debt to EBITDA at 3.3. When we switch over and look at the enterprise to sales, we see a ratio of 0.8. The receivables turnover for the company is 4.84for trailing twelve months and the total asset turnover is 0.83. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.45.
Conclusion
To sum up, BrightView Holdings Inc (BV) has seen a better performance recently. Analysts have differing views on the stock, with some seeing 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.
