BrightSpring Health Services, Inc. (NASDAQ:BTSG) Given Average Recommendation of “Buy” by Brokerages

Shares of BrightSpring Health Services, Inc. (NASDAQ:BTSG) have earned a consensus rating of “Buy” from the seventeen ratings firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $39.8333.

Several equities research analysts have recently commented on the stock. Zacks Research upgraded shares of BrightSpring Health Services from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BrightSpring Health Services in a research report on Monday. William Blair assumed coverage on BrightSpring Health Services in a report on Monday, December 8th. They issued an “outperform” rating on the stock. Bank of America raised their price objective on BrightSpring Health Services from $38.00 to $41.00 and gave the stock a “buy” rating in a research note on Tuesday, December 9th. Finally, BMO Capital Markets began coverage on BrightSpring Health Services in a research report on Thursday, November 13th. They issued an “outperform” rating and a $40.00 target price on the stock.

BrightSpring Health Services Price Performance

Shares of NASDAQ BTSG opened at $37.75 on Friday. BrightSpring Health Services has a fifty-two week low of $15.26 and a fifty-two week high of $38.42. The company has a market cap of $6.81 billion, a PE ratio of 61.88, a P/E/G ratio of 0.67 and a beta of 2.36. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.38 and a current ratio of 1.79. The business has a 50-day simple moving average of $34.40 and a two-hundred day simple moving average of $27.52.

BrightSpring Health Services (NASDAQ:BTSG) last announced its quarterly earnings data on Monday, October 20th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.27 by $0.03. The firm had revenue of $3.33 billion during the quarter, compared to analyst estimates of $3.16 billion. BrightSpring Health Services had a net margin of 1.04% and a return on equity of 11.61%. BrightSpring Health Services has set its Q3 2025 guidance at 0.300-0.300 EPS. As a group, equities analysts expect that BrightSpring Health Services will post 0.59 EPS for the current fiscal year.

Insider Buying and Selling at BrightSpring Health Services

In other news, 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 owned 1,131,930 shares in the company, valued at $32,576,945.40. This represents a 17.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Lisa A. Nalley sold 20,000 shares of the business’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $28.78, for a total transaction of $575,600.00. Following the transaction, the insider owned 131,150 shares of the company’s stock, valued at $3,774,497. This represents a 13.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.40% of the stock is owned by corporate insiders.

Institutional Trading of BrightSpring Health Services

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in BrightSpring Health Services by 6.4% during the third quarter. Vanguard Group Inc. now owns 9,604,703 shares of the company’s stock valued at $283,915,000 after acquiring an additional 576,906 shares in the last quarter. Invesco Ltd. grew its stake in shares of BrightSpring Health Services by 2.5% during the 3rd quarter. Invesco Ltd. now owns 9,347,125 shares of the company’s stock worth $276,301,000 after purchasing an additional 227,717 shares during the period. Alliancebernstein L.P. increased its holdings in shares of BrightSpring Health Services by 12.1% during the 2nd quarter. Alliancebernstein L.P. now owns 5,450,085 shares of the company’s stock valued at $128,568,000 after purchasing an additional 588,642 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of BrightSpring Health Services by 936.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,276,583 shares of the company’s stock valued at $53,705,000 after purchasing an additional 2,056,920 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of BrightSpring Health Services by 123.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,096,949 shares of the company’s stock valued at $61,966,000 after purchasing an additional 1,160,500 shares during the period.

BrightSpring Health Services Company Profile

BrightSpring Health Services (NASDAQ: BTSG) is a leading provider of home and community-based care and workforce solutions aimed at seniors, individuals with disabilities and those facing behavioral health challenges. The company’s operations encompass a broad spectrum of services, including personal care, skilled nursing, therapy, habilitation and supported living, as well as specialized behavioral health programs delivered through both clinical and non-clinical channels.

Through its network of subsidiary brands, BrightSpring offers integrated care in the patient’s home environment, fostering independence and improving quality of life.