At the time of writing, BrightSpring Health Services Inc [BTSG] stock is trading at $18.88, up 1.72%. An important factor to consider is whether the stock is rising or falling in short-term value. The BTSG shares have gain 4.77% over the last week, with a monthly amount drifted -1.62%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On June 21, 2024, BTIG Research initiated with a Buy rating and assigned a price target of $15 on the stock. HSBC Securities started tracking the stock assigning a Buy rating and suggested a price target of $13 on March 06, 2024. Deutsche Bank upgraded its rating to a Buy but $11.50 remained the price target by the analyst firm on February 27, 2024. Wells Fargo started tracking with a Overweight rating for this stock on February 20, 2024, and assigned it a price target of $15. In a note dated February 20, 2024, UBS initiated an Buy 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 $20.25. BrightSpring Health Services Inc [NASDAQ: BTSG] shares were valued at $18.88 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 10.59B for trailing twelve months, which represents an 28.82% jump. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.03 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.7.
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 18.35 points at the first support level, and at 17.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.28, and for the 2nd resistance point, it is at 19.68.
Ratios To Look Out For
It is important to note that BrightSpring Health Services Inc [NASDAQ:BTSG] has a current ratio of 1.35. On the other hand, the Quick Ratio is 0.97, and the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 0.32, the price to book ratio is 2.04.
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.
