BrightView Holdings Inc (NYSE: BV) has experienced a rise in its stock price by 5.84 compared to its previous closing price of 15.74. However, the company has seen a gain of 5.38% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-14 that BrightView Holdings, Inc. (NYSE:BV ) Q3 2024 Earnings Conference Call November 14, 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 Bob Labick – CJS Securities Tim Mulrooney – William Blair Greg Palm – Craig Hallum Capital Group Keen Fai Tong – Goldman Sachs Group Harold Antor – Jefferies Jeffrey Stevenson – Loop Capital Markets Operator Good day and welcome to the BrightView Fourth Quarter and Full Year 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Is It Worth Investing in BrightView Holdings Inc (NYSE: BV) Right Now?
The price-to-earnings ratio for BrightView Holdings Inc (NYSE: BV) is above average at 163.17x. The 36-month beta value for BV is also noteworthy at 1.30. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 4 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The public float for BV is 59.37M, and at present, short sellers hold a 8.35% of that float. The average trading volume of BV on November 22, 2024 was 520.84K shares.
BV’s Market Performance
BV stock saw an increase of 5.38% in the past week, with a monthly gain of 3.41% and a quarterly increase of 5.91%. The volatility ratio for the week is 4.51%, and the volatility levels for the last 30 days are 3.63% for BrightView Holdings Inc (BV). The simple moving average for the last 20 days is -1.49% for BV’s stock, with a simple moving average of 23.62% for the last 200 days.
Analysts’ Opinion of BV
Morgan Stanley, on the other hand, stated in their research note that they expect to see BV reach a price target of $16. The rating they have provided for BV stocks is “Equal-Weight” according to the report published on August 22nd, 2024.
Jefferies gave a rating of “Buy” to BV, setting the target price at $17 in the report published on August 21st of the current year.
BV Trading at 2.08% 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 -11.81% of loss for the given period.
Volatility was left at 3.63%, however, over the last 30 days, the volatility rate increased by 4.51%, as shares surge +4.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.99% upper at present.
During the last 5 trading sessions, BV rose by +5.38%, which changed the moving average for the period of 200-days by +98.57% in comparison to the 20-day moving average, which settled at $16.91. In addition, BrightView Holdings Inc saw 97.86% 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 Gottsegen Jonathan Mark, who sale 18,398 shares at the price of $15.56 back on Nov 19 ’24. After this action, Gottsegen Jonathan Mark now owns 103,644 shares of BrightView Holdings Inc, valued at $286,273 using the latest closing price.
Gottsegen Jonathan Mark, the EVP, CLO & Corporate Secretary of BrightView Holdings Inc, sale 29,658 shares at $16.06 during a trade that took place back on Nov 15 ’24, which means that Gottsegen Jonathan Mark is holding 100,354 shares at $476,307 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
- 0.23 for the gross margin
The net margin for BrightView Holdings Inc stands at 0.02. The total capital return value is set at 0.04. Equity return is now at value 3.77, with 1.91 for asset returns.
Based on BrightView Holdings Inc (BV), the company’s capital structure generated 0.41 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 0.7. The interest coverage ratio of the stock is 1.91.
Currently, EBITDA for the company is 303.1 million with net debt to EBITDA at 2.78. When we switch over and look at the enterprise to sales, we see a ratio of 0.84. The receivables turnover for the company is 6.66for trailing twelve months and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.
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.
