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

Shares of BrightSpring Health Services, Inc. (NASDAQ:BTSG) have received an average recommendation of “Buy” from the fourteen research firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $35.7273.

Several analysts have recently commented on the stock. Wells Fargo & Company increased their price target on shares of BrightSpring Health Services from $33.00 to $39.00 and gave the company an “overweight” rating in a research note on Wednesday, November 12th. BMO Capital Markets started coverage on BrightSpring Health Services in a report on Thursday, November 13th. They set an “outperform” rating and a $40.00 price objective on the stock. BTIG Research increased their price objective on BrightSpring Health Services from $30.00 to $41.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Bank of America lifted their target price on BrightSpring Health Services from $27.50 to $31.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Finally, Mizuho set a $38.00 price target on BrightSpring Health Services in a research note on Wednesday, October 29th.

Insider Transactions at BrightSpring Health Services

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

Institutional Trading of BrightSpring Health Services

Institutional investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC acquired a new position in shares of BrightSpring Health Services in the 2nd quarter valued at $43,000. CWM LLC increased its holdings in BrightSpring Health Services by 105.3% in the third quarter. CWM LLC now owns 1,595 shares of the company’s stock valued at $47,000 after purchasing an additional 818 shares during the last quarter. Amalgamated Bank increased its holdings in BrightSpring Health Services by 62.7% in the third quarter. Amalgamated Bank now owns 3,041 shares of the company’s stock valued at $90,000 after purchasing an additional 1,172 shares during the last quarter. Sandia Investment Management LP acquired a new position in BrightSpring Health Services in the second quarter valued at about $118,000. Finally, Penserra Capital Management LLC bought a new position in BrightSpring Health Services during the second quarter worth about $139,000.

BrightSpring Health Services Stock Performance

Shares of NASDAQ:BTSG opened at $36.14 on Monday. The business has a fifty day moving average of $31.53 and a 200-day moving average of $25.89. 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 twelve month low of $15.26 and a twelve month high of $36.77. The firm has a market cap of $6.52 billion, a PE ratio of 59.25, a price-to-earnings-growth ratio of 0.61 and a beta of 2.36.

BrightSpring Health Services (NASDAQ:BTSG) 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. The business had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.16 billion. BrightSpring Health Services had a net margin of 1.04% and a return on equity of 11.61%. BrightSpring Health Services has set its Q3 2025 guidance at 0.300-0.300 EPS. FY 2025 guidance at EPS. On average, equities research analysts predict that BrightSpring Health Services will post 0.59 EPS for the current fiscal year.

BrightSpring Health Services Company Profile

BrightSpring Health Services, Inc operates a home and community-based healthcare services platform in the United States. The company's platform focuses on delivering pharmacy and provider services, including clinical and supportive care in home and community settings to Medicare, Medicaid, and insured populations.