BrightSpring Health Services, Inc. (NASDAQ:BTSG) Given Consensus Rating of “Buy” by Analysts

Shares of BrightSpring Health Services, Inc. (NASDAQ:BTSGGet Free Report) have received a consensus rating of “Buy” from the seventeen analysts that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $39.8333.

A number of analysts recently weighed in on BTSG shares. Stephens began coverage on BrightSpring Health Services in a research report on Wednesday, December 10th. They issued an “overweight” rating and a $44.00 target price for the company. Mizuho boosted their price objective on shares of BrightSpring Health Services from $38.00 to $42.00 and gave the stock an “outperform” rating in a report on Thursday, December 18th. Zacks Research raised shares of BrightSpring Health Services from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 30th. Wells Fargo & Company lifted their target price on shares of BrightSpring Health Services from $33.00 to $39.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 12th. Finally, UBS Group boosted their price target on shares of BrightSpring Health Services from $35.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th.

Get Our Latest Analysis on BTSG

BrightSpring Health Services Stock Down 0.5%

Shares of NASDAQ:BTSG opened at $37.45 on Friday. The firm has a market capitalization of $6.75 billion, a PE ratio of 61.39, a price-to-earnings-growth ratio of 0.66 and a beta of 2.35. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.38 and a current ratio of 1.79. BrightSpring Health Services has a 52-week low of $15.26 and a 52-week high of $38.42. The firm has a fifty day moving average of $34.99 and a 200 day moving average of $28.05.

BrightSpring Health Services (NASDAQ:BTSGGet Free Report) last issued its quarterly earnings results on Monday, October 20th. The company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.03. BrightSpring Health Services had a return on equity of 11.61% and a net margin of 1.04%.The firm had revenue of $3.33 billion during the quarter, compared to analyst estimates of $3.16 billion. BrightSpring Health Services has set its Q3 2025 guidance at 0.300-0.300 EPS. As a group, research analysts anticipate that BrightSpring Health Services will post 0.59 EPS for the current fiscal year.

Insider Transactions at BrightSpring Health Services

In related news, insider Lisa A. Nalley sold 20,000 shares of the stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $28.78, for a total transaction of $575,600.00. Following the completion of the sale, the insider directly owned 131,150 shares in the company, valued at $3,774,497. This represents a 13.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jon B. Rousseau sold 235,000 shares of BrightSpring Health Services stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $28.78, for a total value of $6,763,300.00. Following the completion of the transaction, the insider directly owned 1,131,930 shares in the company, valued at $32,576,945.40. This trade represents a 17.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 3.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. CWM LLC raised its holdings in BrightSpring Health Services by 105.3% during the 3rd quarter. CWM LLC now owns 1,595 shares of the company’s stock valued at $47,000 after buying an additional 818 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new position in shares of BrightSpring Health Services in the second quarter valued at about $43,000. Amalgamated Bank raised its stake in shares of BrightSpring Health Services by 62.7% during the third quarter. Amalgamated Bank now owns 3,041 shares of the company’s stock valued at $90,000 after acquiring an additional 1,172 shares during the last quarter. Sandia Investment Management LP bought a new position in shares of BrightSpring Health Services during the second quarter valued at about $118,000. Finally, Penserra Capital Management LLC purchased a new stake in shares of BrightSpring Health Services during the second quarter worth about $139,000.

BrightSpring Health Services Company Profile

(Get Free Report)

BrightSpring Health Services (NASDAQ: BTSG) is a leading provider of home and community-based care and workforce solutions aimed at seniors, individuals with disabilities and those facing behavioral health challenges. The company’s operations encompass a broad spectrum of services, including personal care, skilled nursing, therapy, habilitation and supported living, as well as specialized behavioral health programs delivered through both clinical and non-clinical channels.

Through its network of subsidiary brands, BrightSpring offers integrated care in the patient’s home environment, fostering independence and improving quality of life.

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Analyst Recommendations for BrightSpring Health Services (NASDAQ:BTSG)

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