Brokerages Set BrightSpring Health Services, Inc. (NASDAQ:BTSG) Target Price at $39.83

Shares of BrightSpring Health Services, Inc. (NASDAQ:BTSG) have been given a consensus recommendation of “Buy” by the seventeen brokerages that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $39.8333.

A number of equities research analysts have commented on the stock. CJS Securities raised shares of BrightSpring Health Services to a “strong-buy” rating in a report on Thursday, December 11th. William Blair began coverage on shares of BrightSpring Health Services in a research note on Monday, December 8th. They set an “outperform” rating on the stock. Morgan Stanley raised their price target on shares of BrightSpring Health Services from $25.00 to $32.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th. Bank of America boosted their price objective on shares of BrightSpring Health Services from $38.00 to $41.00 and gave the stock a “buy” rating in a research report on Tuesday, December 9th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of BrightSpring Health Services in a research report on Monday.

BrightSpring Health Services Trading Down 0.5%

Shares of BTSG opened at $37.45 on Friday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.38 and a current ratio of 1.79. The company has a market cap of $6.75 billion, a price-to-earnings ratio of 61.39, a PEG ratio of 0.66 and a beta of 2.35. The stock has a fifty day moving average price of $34.99 and a two-hundred day moving average price of $28.05. BrightSpring Health Services has a 52-week low of $15.26 and a 52-week high of $38.42.

BrightSpring Health Services (NASDAQ:BTSG) last announced its earnings results on Monday, October 20th. The company reported $0.30 earnings per share 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 company had revenue of $3.33 billion during the quarter, compared to analyst estimates of $3.16 billion. BrightSpring Health Services has set its Q3 2025 guidance at 0.300-0.300 EPS. Analysts predict that BrightSpring Health Services will post 0.59 EPS for the current fiscal year.

Insider Transactions at BrightSpring Health Services

In other news, insider Lisa A. Nalley sold 20,000 shares of BrightSpring Health Services stock in a transaction that occurred 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 sale, the insider owned 131,150 shares in the company, valued at $3,774,497. The trade was a 13.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jon B. Rousseau sold 235,000 shares of the business’s stock in a transaction that occurred 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 sale, the insider directly owned 1,131,930 shares of the company’s stock, valued at approximately $32,576,945.40. This trade represents a 17.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.40% of the stock is owned by company insiders.

Institutional Trading of BrightSpring Health Services

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

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.