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

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

Several other analysts have also recently issued reports on the company. UBS Group increased their target price on BrightSpring Health Services from $35.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft set a $30.00 price objective on shares of BrightSpring Health Services and gave the company a “buy” rating in a research report on Monday, September 8th. Stephens started coverage on shares of BrightSpring Health Services in a research report on Wednesday, December 10th. They set an “overweight” rating and a $44.00 target price for the company. BTIG Research lifted their price target on shares of BrightSpring Health Services from $30.00 to $41.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Finally, Jefferies Financial Group set a $36.00 price target on shares of BrightSpring Health Services and gave the stock a “buy” rating in a research note on Tuesday, October 21st. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $39.08.

BrightSpring Health Services Stock Down 2.4%

Shares of BTSG stock opened at $35.58 on Thursday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.79 and a quick ratio of 1.38. BrightSpring Health Services has a one year low of $15.26 and a one year high of $37.19. The company’s fifty day moving average price is $33.43 and its 200-day moving average price is $26.96. The company has a market capitalization of $6.42 billion, a price-to-earnings ratio of 58.33, a PEG ratio of 0.64 and a beta of 2.36.

BrightSpring Health Services (NASDAQ:BTSG) last issued 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 company had revenue of $3.33 billion during the quarter, compared to the consensus estimate 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. Sell-side 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 business’s stock in a transaction dated 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 directly owned 1,131,930 shares in the company, valued at $32,576,945.40. The trade was a 17.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Lisa A. Nalley sold 20,000 shares of the stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $28.78, for a total transaction of $575,600.00. Following the completion of the transaction, the insider directly owned 131,150 shares of the company’s stock, valued at approximately $3,774,497. The trade was a 13.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.40% of the company’s stock.

Institutional Investors Weigh In On BrightSpring Health Services

Institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC bought a new position in shares of BrightSpring Health Services during the 2nd quarter valued at approximately $43,000. CWM LLC boosted its stake in BrightSpring Health Services by 105.3% during the third quarter. CWM LLC now owns 1,595 shares of the company’s stock worth $47,000 after buying an additional 818 shares during the period. Amalgamated Bank increased its position in BrightSpring Health Services by 62.7% during the third quarter. Amalgamated Bank now owns 3,041 shares of the company’s stock valued at $90,000 after acquiring an additional 1,172 shares during the last quarter. Sandia Investment Management LP purchased a new stake in shares of BrightSpring Health Services in the second quarter valued at $118,000. Finally, Penserra Capital Management LLC bought a new stake in shares of BrightSpring Health Services in the 2nd quarter worth about $139,000.

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.