William Blair analyst Tim Mulrooney has maintained their bullish stance on BV stock, giving a Buy rating on May 6.
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Tim Mulrooney has given his Buy rating due to a combination of factors that highlight BrightView Holdings’ positive financial performance and strategic improvements. The company has raised its full-year guidance, with an increase in EBITDA driven by a stronger snow quarter and an optimistic outlook for the second half of the fiscal year. This suggests a robust financial position, despite a slight decline in revenue.
Furthermore, BrightView’s core land maintenance business has shown sequential organic growth improvement for five consecutive quarters. Key performance indicators such as customer retention and employee turnover have also improved, indicating strong long-term value potential. These factors, combined with margin expansion in both maintenance and development sectors, support the Buy rating as the company continues to perform well in critical areas.
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BV in relation to earlier this year.