BV Stock Summary and Trading Ideas (Brightview Hldgs | NYSE:BV)

BrightView Holdings Inc is a provider of commercial landscaping services in the United States. The company provides commercial landscaping services, landscape maintenance, and enhancements to tree care and landscape development. It operates through two segments namely Maintenance Services, and Development Services. The Maintenance Services are self-performed through a national branch network and are route-based in nature, and the Development Services are comprised of sophisticated design, coordination, and installation of landscapes at recognizable corporate, athletic, and university complexes. The company generates a majority of its revenue from Maintenance Services.

Brightview Hldgs trades on the NYSE stock market under the symbol BV.

As of April 18, 2024, BV stock price climbed to $10.83 with 435,647 million shares trading.

BV has a beta of 1.40, meaning it tends to be more sensitive to market movements. BV has a correlation of 0.20 to the broad based SPY ETF.

BV has a market cap of $1.02 billion. This is considered a Small Cap stock.

Last quarter Brightview Hldgs reported $627 million in Revenue and $.02 earnings per share. This fell short of revenue expectation by $-18 million and missed earnings estimates by -$.02.

In the last 3 years, BV stock traded as high as $19.17 and as low as $5.16.

The top ETF exchange traded funds that BV belongs to (by Net Assets): VTI, VB, IWM, VBR, VXF.

BV has outperformed the market in the last year with a return of +99.4%, while the SPY ETF gained +22.3%. In the last 3 month period, BV beat the market returning +30.6%, while SPY returned +6.1%. However, in the most recent 2 weeks BV has underperformed the stock market by returning -11.1%, while SPY returned -3.8%.

BV support price is $10.50 and resistance is $11.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BV stock will trade within this expected range on the day.