BrightSpring Health Services Inc [BTSG] stock prices are up 4.82% to $22.38 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BTSG shares have gain 2.24% over the last week, with a monthly amount drifted -7.18%, 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.
The stock price of BrightSpring Health Services Inc [BTSG] has been fluctuating between $10.15 and $25.57 over the past year. Currently, Wall Street analysts expect the stock to reach $26 within the next 12 months. BrightSpring Health Services Inc [NASDAQ: BTSG] shares were valued at $22.38 at the most recent close of the market. An investor can expect a potential return of 16.18% based on the average BTSG price forecast.
Analyzing the BTSG fundamentals
The BrightSpring Health Services Inc [NASDAQ:BTSG] reported sales of 11.57B for trailing twelve months, representing a surge of 11.70%. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.0%, 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 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.13.
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 21.46 points at the first support level, and at 20.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.86, and for the 2nd resistance point, it is at 23.35.
Ratios To Look Out For
It’s worth pointing out that BrightSpring Health Services Inc [NASDAQ:BTSG]’s Current Ratio is 1.73. Also, the Quick Ratio is 1.37, while the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 0.34, the price to book ratio is 2.32 and price to earnings (TTM) ratio is 79.53.
Transactions by insiders
Recent insider trading involved KKR Group Partnership L.P., 10% Owner, that happened on Jun 12 ’25 when 13.29 million shares were sold. 10% Owner, KKR Phoenix Aggregator L.P. completed a deal on Jun 12 ’25 to sell 13.29 million shares. Meanwhile, Chief Accounting Officer Phipps Jennifer A sold 15616.0 shares on Jun 12 ’25.
