JPMorgan Chase & Co. Has Lowered Expectations for BrightView (NYSE:BV) Stock Price

Key Points

• JPMorgan cut BrightView’s price target from $12 to $11 and maintained a neutral rating, implying about 9.6% upside from the stock’s then-current price.
• BrightView’s latest quarter missed expectations: earnings per share were $0.18 versus a $0.26 consensus, while revenue of $677.3 million was down 3.6% year over year.
• Analyst views were mixed, but MarketBeat reported a consensus Hold rating and an average price target of $13.10.

BrightView (NYSE:BV - Get Free Report) had its target price reduced by investment analysts at JPMorgan Chase & Co. from $12.00 to $11.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price objective points to a potential upside of 9.56% from the stock's current price.

BV has been the subject of several other research reports. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of BrightView in a report on Thursday, October 29th. Robert W. Baird reduced their price objective on BrightView from $14.00 to $12.00 and set an "outperform" rating for the company in a research report on Wednesday. Wall Street Zen lowered BrightView from a "hold" rating to a "sell" rating in a report on Saturday, November 7th. Zacks Research upgraded BrightView from a "strong sell" rating to a "hold" rating in a research report on Monday, October 5th. Finally, Morgan Stanley cut their target price on BrightView from $12.50 to $11.50 and set an "equal weight" rating for the company in a research note on Tuesday, October 13th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $13.10.

BrightView Price Performance

Shares of BrightView stock opened at $10.04 on Thursday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.28 and a quick ratio of 1.28. BrightView has a fifty-two week low of $9.52 and a fifty-two week high of $15.00. The firm has a fifty day moving average price of $10.84 and a two-hundred day moving average price of $12.26. The company has a market cap of $935.73 million, a PE ratio of -26.30, a price-to-earnings-growth ratio of 1.47 and a beta of 1.16.

BrightView (NYSE:BV - Get Free Report) last released its earnings results on Tuesday, November 10th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.08). BrightView had a net margin of 0.03% and a return on equity of 3.85%. The company had revenue of $677.30 million during the quarter, compared to the consensus estimate of $723.76 million. During the same quarter in the previous year, the business posted $0.27 EPS. The firm's quarterly revenue was down 3.6% on a year-over-year basis. Analysts expect that BrightView will post 0.52 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BV. Ieq Capital LLC acquired a new stake in BrightView during the third quarter valued at approximately $419,000. First Eagle Investment Management LLC acquired a new position in shares of BrightView in the 3rd quarter worth approximately $2,451,000. Edgestream Partners L.P. acquired a new position in shares of BrightView in the 3rd quarter worth approximately $128,000. Royce & Associates LP lifted its position in shares of BrightView by 25.2% during the 3rd quarter. Royce & Associates LP now owns 1,892,503 shares of the company's stock worth $18,925,000 after buying an additional 381,505 shares during the period. Finally, Gagnon Advisors LLC bought a new position in shares of BrightView during the 3rd quarter worth approximately $3,865,000. Institutional investors and hedge funds own 92.41% of the company's stock.

BrightView News Roundup

Investors following BV have been watching these news items:

• Neutral Sentiment: Robert W. Baird cut its price target from $14 to $12 but maintained an “outperform” rating, signaling continued optimism despite a lower valuation estimate. Baird lowers BrightView price target
• Negative Sentiment: Fiscal Q4 adjusted EPS of $0.18 missed estimates of about $0.25–$0.26. Revenue of $677.3 million was below analysts’ expectations and down 3.6% year over year; reported results also showed weaker profitability. BrightView Q4 earnings and revenue miss
• Negative Sentiment: BrightView’s fiscal 2027 revenue guidance of $2.5 billion–$2.7 billion came in below the roughly $2.8 billion consensus, raising concerns about the pace of growth. BTIG also lowered its price target to $12. BrightView earnings and outlook

About BrightView

BrightView Holdings, Inc. provides commercial landscaping services in the United States. Its services include landscape maintenance, design and development, enhancements, and tree care for properties such as corporate campuses, residential communities, and public spaces. The company also provides snow and ice management and related services to help clients maintain their properties throughout the year. BrightView was formed in 2014 through the combination of landscaping businesses Brickman and ValleyCrest.

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