BV Price Prediction Next Week
Analysis and Insights
News and Analyst Sentiment:
BrightView Holdings (BV) has received positive analyst ratings recently, with multiple firms maintaining a Buy rating. Craig-Hallum analyst Greg Palm has a price target of $18.00, while Loop Capital Markets analyst Jeffrey Stevenson also maintains a Buy rating with a higher target of $20.00. This indicates strong confidence in the company's growth prospects.
Technical Indicators:
- RSI: 46.38 (Neutral, not overbought or oversold)
- MACD: Slightly bearish but nearing a potential bullish crossover
- Fibonacci Levels: Pivot at $13.14, resistance at $13.50 and $14.08
- Volume: Average, indicating moderate trading activity
Insider Activity:
There has been an increase in insider purchases, signaling confidence in the company's future. This positive sentiment is a bullish indicator.
Fundamental Analysis:
The company has announced a $100M share repurchase program and reported record EBITDA growth, which are positive fundamental signals.
Prediction and Recommendation:
Based on the bullish analyst consensus, positive insider activity, and favorable technical indicators, the stock is expected to rise to $14.50 in the next trading week.
Recommendation: Buy
BV Similar Chart Price Prediction
The price of BV is predicted to go up 4.71%, based on the high correlation periods with BXP. The similarity of these two price pattern on the periods is 97.8%.
BV
BXP
Up: 4.71%Similarity: 97.8%
BV Revenue Forecast
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BV Analyst's Forecast
Carl Reichardt
BTIG
Strong Buy
2024-12-02
Price Target
$22
Upside
+26.73%
BTIG analyst Carl Reichardt initiated coverage of BrightView with a Buy rating and $22 price target. The company operates in a highly fragmented $113B industry with a significant recurring revenue component, while its new CEO has led a significant business turnaround over the past year, stripping costs, integrating sales and operations, and investing in people and equipment, the analyst tells investors in a research note. BTIG adds that it anticipates BrightView's FY25 to begin to pivot to business expansion, with revenue growth for the first time since FY22, a declining expense ratio for the first time since FY21, and the highest EBITDA margin since FY19.
Jeffrey Stevenson
Loop Capital
Strong Buy
2024-11-15
Price Target
$18 → $20
Upside
+27.27%
George Tong
Goldman Sachs
Strong Sell
2024-11-15
Price Target
$11 → $13
Downside
-17.91%
