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

Shares of BrightSpring Health Services, Inc. (NASDAQ:BTSG) have earned a consensus recommendation of “Buy” from the seventeen analysts that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, fourteen have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $39.8333.

A number of equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $30.00 price target on shares of BrightSpring Health Services and gave the company a “buy” rating in a research note on Monday, September 8th. Jefferies Financial Group set a $36.00 price objective on shares of BrightSpring Health Services and gave the company a “buy” rating in a report on Tuesday, October 21st. Weiss Ratings reissued a “hold (c)” rating on shares of BrightSpring Health Services in a research note on Monday. Wells Fargo & Company upped their price target 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, KeyCorp upgraded BrightSpring Health Services from a “sector weight” rating to an “overweight” rating and set a $45.00 price objective on the stock in a report on Friday, December 12th.

Insider Buying and Selling

In related news, insider Jon B. Rousseau sold 235,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $28.78, for a total transaction of $6,763,300.00. Following the completion of the sale, the insider directly owned 1,131,930 shares in the company, valued at approximately $32,576,945.40. The trade was a 17.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 transaction, the insider directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.40% of the company’s stock.

Institutional Investors Weigh In On BrightSpring Health Services

A number of hedge funds have recently modified their holdings of BTSG. EverSource Wealth Advisors LLC purchased a new position in shares of BrightSpring Health Services in the second quarter worth about $43,000. CWM LLC raised its holdings in BrightSpring Health Services by 105.3% in the 3rd quarter. CWM LLC now owns 1,595 shares of the company’s stock valued at $47,000 after acquiring an additional 818 shares during the last quarter. Amalgamated Bank lifted its stake in BrightSpring Health Services by 62.7% in the 3rd quarter. Amalgamated Bank now owns 3,041 shares of the company’s stock worth $90,000 after purchasing an additional 1,172 shares in the last quarter. Sandia Investment Management LP acquired a new position in shares of BrightSpring Health Services during the 2nd quarter worth approximately $118,000. Finally, Penserra Capital Management LLC acquired a new position in shares of BrightSpring Health Services during the 2nd quarter worth approximately $139,000.

BrightSpring Health Services Stock Performance

NASDAQ BTSG opened at $37.75 on Friday. The stock has a market capitalization of $6.81 billion, a price-to-earnings ratio of 61.88, a PEG ratio of 0.67 and a beta of 2.36. 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 stock has a 50-day moving average of $34.40 and a 200 day moving average of $27.52.

BrightSpring Health Services (NASDAQ:BTSG) last issued its quarterly earnings data on Monday, October 20th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.27 by $0.03. The company had revenue of $3.33 billion for the quarter, compared to analyst estimates 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. Sell-side analysts anticipate that BrightSpring Health Services will post 0.59 EPS for the current fiscal year.

About BrightSpring Health Services

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.