Wall Street brokerages expect BrightView Holdings, Inc. (NYSE:BV – Get Rating) to post $660.47 million in sales for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for BrightView’s earnings, with estimates ranging from $634.21 million to $681.00 million. BrightView posted sales of $651.90 million in the same quarter last year, which would indicate a positive year over year growth rate of 1.3%. The company is expected to report its next earnings report before the market opens on Monday, January 1st.
According to Zacks, analysts expect that BrightView will report full year sales of $2.67 billion for the current year, with estimates ranging from $2.65 billion to $2.71 billion. For the next financial year, analysts expect that the firm will report sales of $2.79 billion, with estimates ranging from $2.77 billion to $2.81 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that cover BrightView.
BrightView (NYSE:BV – Get Rating) last issued its quarterly earnings data on Thursday, February 3rd. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.02). BrightView had a return on equity of 8.07% and a net margin of 1.76%. The business had revenue of $591.80 million during the quarter, compared to the consensus estimate of $589.95 million. During the same period last year, the company earned $0.08 earnings per share. The business’s quarterly revenue was up 6.7% compared to the same quarter last year.
Shares of BV stock opened at $13.27 on Friday. BrightView has a 12-month low of $12.11 and a 12-month high of $19.17. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 30.86 and a beta of 1.37. The business has a 50 day simple moving average of $13.32 and a 200 day simple moving average of $14.09. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.56 and a quick ratio of 1.56.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. boosted its stake in BrightView by 5.7% during the 4th quarter. BlackRock Inc. now owns 3,337,429 shares of the company’s stock valued at $46,991,000 after purchasing an additional 181,308 shares in the last quarter. Bernzott Capital Advisors boosted its stake in BrightView by 0.5% during the 1st quarter. Bernzott Capital Advisors now owns 3,021,646 shares of the company’s stock valued at $41,125,000 after purchasing an additional 16,239 shares in the last quarter. Macquarie Group Ltd. boosted its stake in shares of BrightView by 1.0% during the 3rd quarter. Macquarie Group Ltd. now owns 2,879,973 shares of the company’s stock worth $42,508,000 after acquiring an additional 28,353 shares in the last quarter. Alliancebernstein L.P. boosted its stake in shares of BrightView by 17.5% during the 3rd quarter. Alliancebernstein L.P. now owns 2,492,719 shares of the company’s stock worth $36,793,000 after acquiring an additional 371,021 shares in the last quarter. Finally, Cooke & Bieler LP boosted its stake in shares of BrightView by 0.6% during the 4th quarter. Cooke & Bieler LP now owns 2,329,400 shares of the company’s stock worth $32,798,000 after acquiring an additional 14,950 shares in the last quarter.
BrightView Company Profile (Get Rating)
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.
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