Inspire Investing LLC acquired a new stake in BrightSpring Health Services, Inc. (NASDAQ:BTSG – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,131 shares of the company’s stock, valued at approximately $632,000.
Several other hedge funds have also added to or reduced their stakes in BTSG. Root Financial Partners LLC acquired a new position in BrightSpring Health Services in the 3rd quarter valued at approximately $25,000. Allworth Financial LP acquired a new position in BrightSpring Health Services during the 2nd quarter worth about $28,000. IFP Advisors Inc grew its position in shares of BrightSpring Health Services by 204.5% in the 2nd quarter. IFP Advisors Inc now owns 606 shares of the company’s stock valued at $42,000 after buying an additional 407 shares during the last quarter. Kilter Group LLC bought a new position in shares of BrightSpring Health Services during the second quarter worth about $50,000. Finally, Meeder Asset Management Inc. acquired a new position in shares of BrightSpring Health Services in the first quarter worth approximately $52,000.
BrightSpring Health Services Stock Up 11.1%
BTSG stock opened at $66.89 on Friday. The stock’s 50 day moving average is $59.94 and its 200-day moving average is $54.54. BrightSpring Health Services, Inc. has a twelve month low of $30.64 and a twelve month high of $73.75. The firm has a market capitalization of $13.24 billion, a PE ratio of 40.30, a P/E/G ratio of 0.78 and a beta of 1.87. The company has a quick ratio of 1.22, a current ratio of 1.59 and a debt-to-equity ratio of 1.06.
BrightSpring Health Services (NASDAQ:BTSG – Get Free Report) last issued its quarterly earnings data on Friday, October 30th. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.07. The business had revenue of $4.21 billion for the quarter, compared to analysts’ expectations of $3.88 billion. BrightSpring Health Services had a return on equity of 16.73% and a net margin of 2.55%. BrightSpring Health Services’s revenue for the quarter was up 26.4% on a year-over-year basis. Sell-side analysts expect that BrightSpring Health Services, Inc. will post 1.64 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of analysts have weighed in on the stock. BMO Capital Markets reissued an “outperform” rating on shares of BrightSpring Health Services in a research report on Friday, October 2nd. BTIG Research reaffirmed a “buy” rating and set a $90.00 price target on shares of BrightSpring Health Services in a research report on Thursday, August 13th. Morgan Stanley boosted their price objective on BrightSpring Health Services from $71.00 to $80.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Wall Street Zen cut BrightSpring Health Services from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 23rd. Finally, KeyCorp restated an “overweight” rating on shares of BrightSpring Health Services in a report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, BrightSpring Health Services has a consensus rating of “Moderate Buy” and a consensus target price of $72.88.
Get Our Latest Analysis on BTSG
Key Headlines Impacting BrightSpring Health Services
Here are the key news stories impacting BrightSpring Health Services this week:
- Positive Sentiment: Third-quarter earnings exceeded expectations. BrightSpring reported adjusted earnings of $0.54 per share, up from $0.30 a year earlier and above analyst estimates ranging from $0.47 to $0.49. This marked another quarterly earnings beat for the company. BrightSpring Q3 earnings and revenue results
- Positive Sentiment: Revenue growth was substantially stronger than forecast. Quarterly revenue rose 26.4% year over year to $4.21 billion, surpassing the $3.88 billion consensus estimate. The revenue performance indicates continued expansion across BrightSpring’s healthcare services platform. BrightSpring Q3 revenue report
- Positive Sentiment: Management increased full-year 2026 guidance. BrightSpring raised its revenue and adjusted EBITDA outlook, reinforcing investor confidence that operating momentum and profitability will remain strong. BrightSpring reports Q3 results and raises guidance
- Positive Sentiment: Profitability improved. BrightSpring posted a 16.73% return on equity and a 2.55% net margin, while the earnings beat and stronger revenue helped support the positive market reaction. BrightSpring bottom-line results
BrightSpring Health Services Profile
BrightSpring Health Services (NASDAQ:BTSG) is a Louisville, Kentucky-based provider of home- and community-based health services and pharmacy services. The company focuses on supporting individuals with complex or chronic care needs, including older adults and people with disabilities, through care delivered in homes, communities and other non-hospital settings.
Its services include home health, hospice, personal care, behavioral health, primary care, rehabilitation and community living programs.
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