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

BrightSpring Health Services, Inc. (NASDAQ:BTSG) has been given an average rating of “Buy” by the seventeen analysts that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation, fourteen have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $39.8333.

BTSG has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft set a $30.00 price target on shares of BrightSpring Health Services and gave the company a “buy” rating in a research note on Monday, September 8th. BMO Capital Markets assumed coverage on BrightSpring Health Services in a report on Thursday, November 13th. They issued an “outperform” rating and a $40.00 target price for the company. KeyCorp upgraded 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 note on Friday, December 12th. Wells Fargo & Company lifted their price objective on BrightSpring Health Services from $33.00 to $39.00 and gave the company an “overweight” rating in a report on Wednesday, November 12th. Finally, BTIG Research increased their target price on shares of BrightSpring Health Services from $41.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, December 23rd.

Insider Buying and Selling

In other news, insider Lisa A. Nalley sold 20,000 shares of the 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 transaction, the insider directly owned 131,150 shares in the company, 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 document filed with the Securities & Exchange Commission, which is accessible 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 completion of the transaction, the insider directly 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. Additional details regarding this sale are available in the official SEC disclosure. 3.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On BrightSpring Health Services

A number of hedge funds have recently made changes to their positions in the stock. CWM LLC boosted its position 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 purchasing an additional 818 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new stake in shares of BrightSpring Health Services during the second quarter valued at about $43,000. Amalgamated Bank boosted its holdings in shares of BrightSpring Health Services by 62.7% in the 3rd quarter. Amalgamated Bank now owns 3,041 shares of the company’s stock valued at $90,000 after buying an additional 1,172 shares in the last quarter. Sandia Investment Management LP purchased a new position in shares of BrightSpring Health Services in the 2nd quarter worth approximately $118,000. Finally, Penserra Capital Management LLC bought a new position in shares of BrightSpring Health Services during the 2nd quarter worth approximately $139,000.

BrightSpring Health Services Stock Up 0.1%

Shares of BTSG opened at $37.75 on Friday. The firm has a fifty day moving average price of $34.56 and a 200-day moving average price of $27.69. The company has a current ratio of 1.79, a quick ratio of 1.38 and a debt-to-equity ratio of 1.36. The firm has a market capitalization of $6.81 billion, a P/E 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.

BrightSpring Health Services (NASDAQ:BTSG) last posted its quarterly earnings results on Monday, October 20th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.27 by $0.03. The company had revenue of $3.33 billion for 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. Equities research analysts expect that BrightSpring Health Services will post 0.59 earnings per share for the current year.

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.