BrightSpring Health Services, Inc. (NASDAQ:BTSG) Receives $39.83 Consensus Target Price from Analysts

BrightSpring Health Services, Inc. (NASDAQ:BTSGGet Free Report) has earned an average recommendation of “Buy” from the seventeen brokerages that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation, fourteen have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $39.8333.

A number of equities research analysts have recently issued reports on the company. Wall Street Zen cut BrightSpring Health Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 15th. KeyCorp raised shares of BrightSpring Health Services from a “sector weight” rating to an “overweight” rating and set a $45.00 price target on the stock in a research report on Friday, December 12th. Morgan Stanley increased their price target on shares of BrightSpring Health Services from $25.00 to $32.00 and gave the company an “overweight” rating in a research note on Tuesday, October 14th. UBS Group boosted their price objective on shares of BrightSpring Health Services from $35.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Finally, BTIG Research raised their target price on shares of BrightSpring Health Services from $41.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, December 23rd.

Check Out Our Latest Stock Report on BrightSpring Health Services

BrightSpring Health Services Stock Performance

Shares of BTSG stock opened at $37.75 on Friday. The firm has a market cap of $6.81 billion, a PE ratio of 61.89, a P/E/G ratio of 0.67 and a beta of 2.36. BrightSpring Health Services has a 12 month low of $15.26 and a 12 month high of $38.42. The company’s fifty day simple moving average is $34.56 and its 200-day simple moving average is $27.69. 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 (NASDAQ:BTSGGet Free Report) last released its earnings results on Monday, October 20th. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. BrightSpring Health Services had a return on equity of 11.61% and a net margin of 1.04%.The business had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.16 billion. BrightSpring Health Services has set its Q3 2025 guidance at 0.300-0.300 EPS. Equities research analysts expect that BrightSpring Health Services will post 0.59 EPS for the current fiscal year.

Insider Buying and Selling

In other BrightSpring Health Services news, insider Jon B. Rousseau sold 235,000 shares of the firm’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $28.78, for a total transaction of $6,763,300.00. Following the completion of the sale, the insider owned 1,131,930 shares of the company’s stock, valued at $32,576,945.40. This trade represents a 17.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Lisa A. Nalley sold 20,000 shares of BrightSpring Health Services 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 transaction, the insider directly owned 131,150 shares of the company’s stock, valued at approximately $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 Trading of BrightSpring Health Services

A number of hedge funds have recently modified their holdings of the stock. CWM LLC grew its stake in BrightSpring Health Services by 105.3% in the 3rd quarter. CWM LLC now owns 1,595 shares of the company’s stock valued at $47,000 after buying an additional 818 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of BrightSpring Health Services by 13.7% during the third quarter. PNC Financial Services Group Inc. now owns 9,282 shares of the company’s stock worth $274,000 after acquiring an additional 1,121 shares during the period. Amalgamated Bank boosted its holdings in shares of BrightSpring Health Services by 62.7% during the third quarter. Amalgamated Bank now owns 3,041 shares of the company’s stock worth $90,000 after acquiring an additional 1,172 shares during the period. Covestor Ltd grew its position in shares of BrightSpring Health Services by 16.6% in the third quarter. Covestor Ltd now owns 8,567 shares of the company’s stock valued at $253,000 after purchasing an additional 1,218 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in shares of BrightSpring Health Services by 77.1% during the third quarter. EverSource Wealth Advisors LLC now owns 3,261 shares of the company’s stock worth $96,000 after purchasing an additional 1,420 shares during the period.

BrightSpring Health Services Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for BrightSpring Health Services (NASDAQ:BTSG)

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