BrightSpring Health Services (NASDAQ:BTSG – Free Report) had its price target boosted by Mizuho from $50.00 to $52.00 in a research report sent to investors on Wednesday morning,Benzinga reports. They currently have an outperform rating on the stock.
Several other research analysts have also weighed in on the stock. TD Cowen reaffirmed a “buy” rating on shares of BrightSpring Health Services in a research note on Monday, March 2nd. William Blair assumed coverage on shares of BrightSpring Health Services in a report on Monday, December 8th. They issued an “outperform” rating on the stock. BTIG Research reaffirmed a “buy” rating and set a $55.00 price objective on shares of BrightSpring Health Services in a research report on Monday, March 2nd. Morgan Stanley lifted their target price on shares of BrightSpring Health Services from $40.00 to $48.00 and gave the company an “overweight” rating in a report on Wednesday, March 4th. Finally, Wells Fargo & Company boosted their target price on BrightSpring Health Services from $43.00 to $50.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $45.50.
Check Out Our Latest Stock Report on BrightSpring Health Services
BrightSpring Health Services Stock Performance
BrightSpring Health Services (NASDAQ:BTSG – Get Free Report) last issued its quarterly earnings data on Friday, February 27th. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). The business had revenue of $3.55 billion for the quarter, compared to analyst estimates of $3.38 billion. BrightSpring Health Services had a return on equity of 12.66% and a net margin of 1.48%.The firm’s revenue for the quarter was up 29.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.11 earnings per share. Equities analysts forecast that BrightSpring Health Services will post 0.59 earnings per share for the current year.
Insiders Place Their Bets
In other news, insider Lisa A. Nalley sold 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $41.15, for a total value of $1,234,500.00. Following the completion of the transaction, the insider owned 110,594 shares of the company’s stock, valued at approximately $4,550,943.10. This trade represents a 21.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Jon B. Rousseau sold 220,000 shares of BrightSpring Health Services stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $41.15, for a total transaction of $9,053,000.00. Following the completion of the transaction, the insider owned 1,023,880 shares of the company’s stock, valued at $42,132,662. This trade represents a 17.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 285,000 shares of company stock worth $11,727,750 over the last three months. Company insiders own 3.40% of the company’s stock.
Institutional Investors Weigh In On BrightSpring Health Services
Hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. boosted its position in BrightSpring Health Services by 47.7% in the 2nd quarter. Invesco Ltd. now owns 9,119,408 shares of the company’s stock valued at $215,127,000 after buying an additional 2,946,811 shares during the period. Vanguard Group Inc. increased its position in shares of BrightSpring Health Services by 30.5% during the fourth quarter. Vanguard Group Inc. now owns 12,533,656 shares of the company’s stock worth $469,385,000 after acquiring an additional 2,928,953 shares during the period. The Manufacturers Life Insurance Company increased its position in shares of BrightSpring Health Services by 936.4% during the second quarter. The Manufacturers Life Insurance Company now owns 2,276,583 shares of the company’s stock worth $53,705,000 after acquiring an additional 2,056,920 shares during the period. State Street Corp raised its stake in shares of BrightSpring Health Services by 99.5% in the fourth quarter. State Street Corp now owns 4,033,149 shares of the company’s stock valued at $151,041,000 after acquiring an additional 2,011,095 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in shares of BrightSpring Health Services by 855.4% in the second quarter. Jane Street Group LLC now owns 2,076,730 shares of the company’s stock valued at $48,990,000 after acquiring an additional 1,859,369 shares in the last quarter.
BrightSpring Health Services News Roundup
Here are the key news stories impacting BrightSpring Health Services this week:
- Positive Sentiment: BrightSpring reported its strongest Q4 in the Senior Health, Home Health & Hospice group, which supports the company’s revenue and margin momentum investors are pricing in. Article Title
- Positive Sentiment: The FTC’s conditional clearance of Sevita’s purchase of BrightSpring’s Community Living unit (and company disclosures on closing conditions) reduced a major regulatory overhang, increasing confidence that the divestiture — and the resulting balance‑sheet deleveraging — could close soon. Article Title
- Positive Sentiment: UBS and Mizuho raised their price targets (to $55 and $52) and maintain buy/outperform stances, signaling stronger sell‑side conviction and providing upside to current levels. Article Title
- Positive Sentiment: Zacks highlighted a 7.8% intra‑session move on above‑average volume and noted upward earnings‑estimate revisions, which can sustain momentum if revisions continue. Article Title
- Neutral Sentiment: Market write‑ups grouped BTSG among stocks showing resilience despite broader market stress — helpful context but not a direct fundamental catalyst. Article Title
- Neutral Sentiment: Analyst coverage is skewed positive (multiple buy/outperform ratings, median target near $45), but targets vary — upside depends on execution on divestiture and leverage targets. Article Title
- Negative Sentiment: Significant insider and KKR-related selling has been reported (large block sales by major shareholders and some executive sales), which could add supply pressure or signal differing shareholder time horizons. Article Title
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.
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