Mizuho Boosts BrightSpring Health Services (NASDAQ:BTSG) Price Target to $42.00

BrightSpring Health Services (NASDAQ:BTSG) had its price target raised by Mizuho from $38.00 to $42.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Mizuho’s price objective would indicate a potential upside of 18.04% from the stock’s current price.

Several other equities research analysts have also recently issued reports on the stock. CJS Securities raised shares of BrightSpring Health Services to a “strong-buy” rating in a research report on Thursday, December 11th. Wells Fargo & Company increased their price objective on BrightSpring Health Services from $33.00 to $39.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 12th. BMO Capital Markets initiated coverage on BrightSpring Health Services in a report on Thursday, November 13th. They set an “outperform” rating and a $40.00 price objective on the stock. Morgan Stanley upped their target price on BrightSpring Health Services from $25.00 to $32.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Finally, Zacks Research upgraded BrightSpring Health Services from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $39.08.

BrightSpring Health Services Price Performance

BTSG opened at $35.58 on Thursday. The business has a fifty day moving average of $33.43 and a 200 day moving average of $26.96. The stock has a market cap of $6.42 billion, a P/E ratio of 58.33, a PEG ratio of 0.64 and a beta of 2.36. The company has a quick ratio of 1.38, a current ratio of 1.79 and a debt-to-equity ratio of 1.36. BrightSpring Health Services has a 52-week low of $15.26 and a 52-week high of $37.19.

BrightSpring Health Services (NASDAQ:BTSG) last released its earnings results on Monday, October 20th. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate 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. As a group, sell-side analysts anticipate that BrightSpring Health Services will post 0.59 EPS for the current year.

Insiders Place Their Bets

In other news, insider Jon B. Rousseau sold 235,000 shares of the business’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $28.78, for a total value of $6,763,300.00. Following the completion of the transaction, the insider directly owned 1,131,930 shares of the company’s stock, valued at approximately $32,576,945.40. The trade was a 17.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Lisa A. Nalley sold 20,000 shares of the company’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $28.78, for a total value of $575,600.00. Following the sale, the insider 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 SEC filing for this sale provides additional information. Company insiders own 3.40% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of BrightSpring Health Services by 24.6% during the 1st quarter. Vanguard Group Inc. now owns 6,633,744 shares of the company’s stock worth $120,004,000 after acquiring an additional 1,308,651 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in BrightSpring Health Services by 9.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 494,231 shares of the company’s stock worth $8,941,000 after purchasing an additional 43,238 shares during the last quarter. Swiss National Bank increased its position in shares of BrightSpring Health Services by 0.9% during the first quarter. Swiss National Bank now owns 118,100 shares of the company’s stock worth $2,136,000 after purchasing an additional 1,000 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of BrightSpring Health Services by 5.8% during the 1st quarter. Northern Trust Corp now owns 566,623 shares of the company’s stock valued at $10,250,000 after purchasing an additional 31,289 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. boosted its position in shares of BrightSpring Health Services by 264.7% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 5,772,772 shares of the company’s stock worth $104,430,000 after purchasing an additional 4,189,805 shares in the last quarter.

About BrightSpring Health Services

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.