At the time of writing, BrightSpring Health Services Inc [BTSG] stock is trading at $14.64, up 5.17%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BTSG shares have gain 7.89% over the last week, with a monthly amount glided 21.90%, 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.
For the past year, the stock price of BrightSpring Health Services Inc fluctuated between $7.85 and $14.52. BrightSpring Health Services Inc [NASDAQ: BTSG] shares were valued at $14.64 at the most recent close of the market.
Analyzing the BTSG fundamentals
According to BrightSpring Health Services Inc [NASDAQ:BTSG], the company’s sales were 9.94B for trailing twelve months, which represents an 26.01% jump. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.15 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.68.
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 14.08 points at the first support level, and at 13.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.05, and for the 2nd resistance point, it is at 15.45.
Ratios To Look Out For
It is important to note that BrightSpring Health Services Inc [NASDAQ:BTSG] has a current ratio of 1.33. Further, the Quick Ratio stands at 1.00, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 0.25, the price to book ratio is 1.57.
Transactions by insiders
Recent insider trading involved Walgreens Boots Alliance, Inc., 10% Owner, that happened on Sep 11 ’24 when 11.62 million shares were sold. 10% Owner, KKR Group Partnership L.P. completed a deal on Sep 11 ’24 to buy 11.62 million shares. Meanwhile, 10% Owner KKR Phoenix Aggregator L.P. bought 11.62 million shares on Sep 11 ’24.
