BrightSpring Health Services (NASDAQ:BTSG) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of BrightSpring Health Services (NASDAQ:BTSG) from a buy rating to a strong-buy rating in a research note issued to investors on Saturday.

A number of other equities analysts also recently issued reports on BTSG. Mizuho set a $38.00 price objective on BrightSpring Health Services in a report on Wednesday, October 29th. Jefferies Financial Group set a $36.00 price objective on BrightSpring Health Services and gave the stock a “buy” rating in a report on Tuesday, October 21st. UBS Group increased their price objective on BrightSpring Health Services from $35.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. BTIG Research increased their price objective on BrightSpring Health Services from $30.00 to $41.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Finally, Cowen reiterated a “buy” rating on shares of BrightSpring Health Services in a report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, BrightSpring Health Services has a consensus rating of “Buy” and a consensus price target of $34.70.

BrightSpring Health Services Price Performance

Shares of BrightSpring Health Services stock opened at $33.49 on Friday. The company has a quick ratio of 1.38, a current ratio of 1.79 and a debt-to-equity ratio of 1.36. The company has a market cap of $6.04 billion, a PE ratio of 54.90, a P/E/G ratio of 0.68 and a beta of 2.41. The business has a 50 day moving average of $28.48 and a 200 day moving average of $24.00. BrightSpring Health Services has a 52 week low of $15.26 and a 52 week high of $35.01.

BrightSpring Health Services (NASDAQ:BTSG) last posted its quarterly earnings data on Monday, October 20th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.03. The business had revenue of $3.33 billion during the quarter, compared to the consensus estimate 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. FY 2025 guidance at EPS. As a group, equities research analysts forecast that BrightSpring Health Services will post 0.59 earnings per share for the current year.

Insider Buying and Selling at BrightSpring Health Services

In related news, insider Lisa A. Nalley sold 20,000 shares of the stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $28.78, for a total transaction of $575,600.00. Following the sale, the insider directly owned 131,150 shares of the company’s stock, valued at $3,774,497. This trade represents a 13.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Jon B. Rousseau sold 235,000 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 $6,763,300.00. Following the sale, the insider directly owned 1,131,930 shares in the company, valued at $32,576,945.40. This trade represents a 17.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 3.40% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Invesco Ltd. lifted its holdings in BrightSpring Health Services by 47.7% in the second quarter. Invesco Ltd. now owns 9,119,408 shares of the company’s stock valued at $215,127,000 after acquiring an additional 2,946,811 shares during the period. Vanguard Group Inc. lifted its holdings in BrightSpring Health Services by 24.6% in the first quarter. Vanguard Group Inc. now owns 6,633,744 shares of the company’s stock valued at $120,004,000 after acquiring an additional 1,308,651 shares during the period. T. Rowe Price Investment Management Inc. lifted its holdings in BrightSpring Health Services by 264.7% in the first quarter. T. Rowe Price Investment Management Inc. now owns 5,772,772 shares of the company’s stock valued at $104,430,000 after acquiring an additional 4,189,805 shares during the period. Alliancebernstein L.P. lifted its holdings in BrightSpring Health Services by 12.1% in the second quarter. Alliancebernstein L.P. now owns 5,450,085 shares of the company’s stock valued at $128,568,000 after acquiring an additional 588,642 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its holdings in BrightSpring Health Services by 936.4% in the second quarter. The Manufacturers Life Insurance Company now owns 2,276,583 shares of the company’s stock valued at $53,705,000 after acquiring an additional 2,056,920 shares during the period.

BrightSpring Health Services Company Profile

BrightSpring Health Services, Inc operates a home and community-based healthcare services platform in the United States. The company's platform focuses on delivering pharmacy and provider services, including clinical and supportive care in home and community settings to Medicare, Medicaid, and insured populations.