BrightSpring Health Services (NASDAQ:BTSG) Upgraded by Wall Street Zen to Strong-Buy Rating

Wall Street Zen upgraded shares of BrightSpring Health Services (NASDAQ:BTSG) from a buy rating to a strong-buy rating in a research report report published on Saturday.

BTSG has been the subject of a number of other reports. UBS Group increased 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. Mizuho set a $38.00 price objective on shares of BrightSpring Health Services in a research note on Wednesday. Jefferies Financial Group set a $36.00 price objective on shares of BrightSpring Health Services and gave the stock a “buy” rating in a research note on Tuesday, October 21st. Cowen reissued a “buy” rating on shares of BrightSpring Health Services in a research note on Monday, August 4th. Finally, BTIG Research increased their price objective on shares of BrightSpring Health Services from $30.00 to $41.00 and gave the stock a “buy” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, BrightSpring Health Services presently has an average rating of “Buy” and a consensus target price of $34.70.

BrightSpring Health Services Stock Up 0.8%

Shares of BTSG stock opened at $33.05 on Friday. BrightSpring Health Services has a 12 month low of $14.86 and a 12 month high of $35.01. The stock has a market cap of $5.96 billion, a P/E ratio of 54.18, a P/E/G ratio of 0.68 and a beta of 2.40. The company has a current ratio of 1.79, a quick ratio of 1.34 and a debt-to-equity ratio of 1.36. The company has a 50 day simple moving average of $28.29 and a two-hundred day simple moving average of $23.83.

BrightSpring Health Services (NASDAQ:BTSG) last announced its earnings results on Monday, October 20th. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. BrightSpring Health Services had a net margin of 1.04% and a return on equity of 11.61%. The business had revenue of $3.33 billion during the quarter, compared to analysts’ expectations of $3.16 billion. BrightSpring Health Services has set its Q3 2025 guidance at 0.300-0.300 EPS. FY 2025 guidance at EPS. On average, research analysts expect that BrightSpring Health Services will post 0.59 earnings per share for the current year.

Insider Buying and Selling at BrightSpring Health Services

In related news, insider Lisa A. Nalley sold 20,000 shares of the firm’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 completion of 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jon B. Rousseau sold 235,000 shares of the firm’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 $6,763,300.00. Following the transaction, the insider directly owned 1,131,930 shares of the company’s stock, valued at $32,576,945.40. The trade was a 17.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.40% of the company’s stock.

Hedge Funds Weigh In On BrightSpring Health Services

Several institutional investors have recently bought and sold shares of BTSG. EverSource Wealth Advisors LLC purchased a new position in BrightSpring Health Services during the second quarter valued at $43,000. CWM LLC grew 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 valued at $47,000 after acquiring an additional 818 shares in the last quarter. Amalgamated Bank lifted 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 purchasing an additional 1,172 shares during the last quarter. Sandia Investment Management LP bought a new position in BrightSpring Health Services during the second quarter valued at $118,000. Finally, Penserra Capital Management LLC bought a new position in BrightSpring Health Services during the second quarter valued at $139,000.

BrightSpring Health Services Company Profile

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.