Carl Reichardt, an analyst from BTIG, maintained the Buy rating on BrightView Holdings (BV – Research Report). The associated price target remains the same with $22.00.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Carl Reichardt’s rating is based on a combination of factors that reflect both caution and optimism regarding BrightView Holdings’ future performance. Despite reducing estimates for snow-related revenue due to a more conservative outlook on the winter season, the overall expectations for the company’s full-year EBITDA and revenue remain stable. This stability is attributed to an anticipated increase in landscape maintenance revenue, which is expected to benefit from immigration-related challenges affecting smaller competitors, potentially allowing BrightView to capture additional market share.
Furthermore, the valuation of BrightView Holdings at 8.3 times its 2025 EBITDA suggests a favorable outlook for the company’s financial health and growth prospects. The adjustments in revenue estimates, particularly the shift from snow revenue to landscape maintenance and development, reflect a strategic realignment that supports the company’s resilience. These considerations collectively support Reichardt’s decision to maintain a Buy rating for BrightView Holdings’ stock.
According to TipRanks, Reichardt is a 5-star analyst with an average return of 16.5% and a 57.26% success rate. Reichardt covers the Consumer Cyclical sector, focusing on stocks such as Lennar, DR Horton, and NVR.