BrightView Holdings, Inc. (NYSE:BV) shareholders might be concerned after seeing the share price drop 14% in the last month. On the other hand the share price is higher than it was three years ago. However, it's unlikely many shareholders are elated with the share price gain of 43% over that time, given the rising market.
While this past week has detracted from the company's three-year return, let's look at the recent trends of the underlying business and see if the gains have been in alignment.
The last twelve months weren't great for BrightView Holdings shares, which cost holders 7.2%, while the market was up about 17%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Fortunately the longer term story is brighter, with total returns averaging about 13% per year over three years. The recent sell-off could be an opportunity if the business remains sound, so it may be worth checking the fundamental data for signs of a long-term growth trend.
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