BrightSpring Health Services Inc (BTSG) Stock Short-term Performance Analysis

BrightSpring Health Services Inc [BTSG] stock prices are up 1.76% to $12.17 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BTSG shares have gain 1.50% over the last week, with a monthly amount glided 14.60%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

BrightSpring Health Services Inc [NASDAQ: BTSG] stock has seen the most recent analyst activity on June 21, 2024, when BTIG Research initiated its Buy rating and assigned the stock a price target of $15. Previously, HSBC Securities started tracking the stock with Buy rating on March 06, 2024, and set its price target to $13. On February 27, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $11.50 on the stock. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $15 on February 20, 2024. UBS initiated its recommendation with a Buy and recommended $15 as its price target on February 20, 2024. Morgan Stanley started tracking with a Overweight rating for this stock on February 20, 2024, and assigned it a price target of $18. In a note dated February 20, 2024, Leerink Partners initiated an Outperform rating and provided a target price of $15 on this stock.

The stock price of BrightSpring Health Services Inc [BTSG] has been fluctuating between $7.85 and $12.21 over the past year. BrightSpring Health Services Inc [NASDAQ: BTSG] shares were valued at $12.17 at the most recent close of the market.

Analyzing the BTSG fundamentals

The BrightSpring Health Services Inc [NASDAQ:BTSG] reported sales of 9.37B for trailing twelve months, representing a surge of 27.03%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.96 points at the first support level, and at 11.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.28, and for the 2nd resistance point, it is at 12.39.

Ratios To Look Out For

It’s worth pointing out that BrightSpring Health Services Inc [NASDAQ:BTSG]’s Current Ratio is 1.26. As well, the Quick Ratio is 0.96. Considering the valuation of this stock, the price to sales ratio is 0.22, the price to book ratio is 1.33.

Transactions by insiders

Recent insider trading involved DAmbrosio Matthew, Director, that happened on May 20 ’24 when 1000.0 shares were purchased., ROUSSEAU JON B completed a deal on Mar 15 ’24 to buy 18400.0 shares. Meanwhile, ROUSSEAU JON B bought 18400.0 shares on Mar 15 ’24.

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