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

Shares of BrightSpring Health Services, Inc. (NASDAQ:BTSG) have been assigned a consensus rating of “Buy” from the seventeen ratings firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, fourteen have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $39.8333.

A number of equities analysts have recently weighed in on the company. Zacks Research raised BrightSpring Health Services from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 30th. William Blair initiated coverage on shares of BrightSpring Health Services in a research note on Monday, December 8th. They set an “outperform” rating on the stock. Jefferies Financial Group set a $36.00 target price on shares of BrightSpring Health Services and gave the stock a “buy” rating in a research report on Tuesday, October 21st. Mizuho boosted their price target on BrightSpring Health Services from $38.00 to $42.00 and gave the company an “outperform” rating in a report on Thursday, December 18th. Finally, CJS Securities upgraded BrightSpring Health Services to a “strong-buy” rating in a report on Thursday, December 11th.

BrightSpring Health Services Trading Down 0.1%

Shares of BTSG opened at $37.75 on Friday. BrightSpring Health Services has a twelve month low of $15.26 and a twelve month high of $38.42. The company has a current ratio of 1.79, a quick ratio of 1.38 and a debt-to-equity ratio of 1.36. The firm has a market capitalization of $6.81 billion, a P/E ratio of 61.88, a PEG ratio of 0.67 and a beta of 2.36. The firm’s 50-day moving average is $34.40 and its two-hundred day moving average is $27.52.

BrightSpring Health Services (NASDAQ:BTSG) last released its quarterly earnings results on Monday, October 20th. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.03. The business had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.16 billion. BrightSpring Health Services had a return on equity of 11.61% and a net margin of 1.04%.BrightSpring Health Services has set its Q3 2025 guidance at 0.300-0.300 EPS. On average, research analysts predict that BrightSpring Health Services will post 0.59 earnings per share for the current fiscal year.

Insider Buying and Selling at BrightSpring Health Services

In other news, insider Jon B. Rousseau sold 235,000 shares of the stock in a transaction 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 completion of the sale, the insider owned 1,131,930 shares of the company’s stock, valued at $32,576,945.40. This represents a 17.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Lisa A. Nalley sold 20,000 shares of the stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $28.78, for a total value of $575,600.00. Following the completion of the sale, the insider owned 131,150 shares of the company’s stock, valued at approximately $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. Company insiders own 3.40% of the company’s stock.

Institutional Trading of BrightSpring Health Services

Hedge funds have recently made changes to their positions in the company. CWM LLC lifted its stake in shares of BrightSpring Health Services by 105.3% in the third quarter. CWM LLC now owns 1,595 shares of the company’s stock worth $47,000 after acquiring an additional 818 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of BrightSpring Health Services by 13.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 9,282 shares of the company’s stock valued at $274,000 after purchasing an additional 1,121 shares in the last quarter. Amalgamated Bank boosted its stake in shares of BrightSpring Health Services by 62.7% during the 3rd quarter. Amalgamated Bank now owns 3,041 shares of the company’s stock valued at $90,000 after buying an additional 1,172 shares during the last quarter. Covestor Ltd grew its position in shares of BrightSpring Health Services by 16.6% during the third quarter. Covestor Ltd now owns 8,567 shares of the company’s stock worth $253,000 after buying an additional 1,218 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in BrightSpring Health Services by 77.1% in the third quarter. EverSource Wealth Advisors LLC now owns 3,261 shares of the company’s stock valued at $96,000 after acquiring an additional 1,420 shares in the last quarter.

BrightSpring Health Services Company Profile

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.