BrightSpring Health Services (NASDAQ:BTSG) Sets New 12-Month High – What’s Next?

Shares of BrightSpring Health Services, Inc. (NASDAQ:BTSG) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $38.47 and last traded at $38.4590, with a volume of 922373 shares changing hands. The stock had previously closed at $37.45.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BTSG. Stephens assumed coverage on BrightSpring Health Services in a research report on Wednesday, December 10th. They issued an “overweight” rating and a $44.00 target price for the company. Jefferies Financial Group set a $36.00 target price on BrightSpring Health Services and gave the company a “buy” rating in a report on Tuesday, October 21st. BTIG Research boosted their price target on BrightSpring Health Services from $41.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, December 23rd. Wall Street Zen cut shares of BrightSpring Health Services from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 15th. Finally, KeyCorp raised shares of BrightSpring Health Services from a “sector weight” rating to an “overweight” rating and set a $45.00 price objective on the stock in a report on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $39.83.

BrightSpring Health Services Trading Up 2.5%

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 stock has a fifty day moving average of $34.99 and a 200 day moving average of $28.05. The company has a market capitalization of $6.92 billion, a PE ratio of 62.88, a PEG ratio of 0.66 and a beta of 2.35.

BrightSpring Health Services (NASDAQ:BTSG) last posted its earnings results on Monday, October 20th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.03. The company had revenue of $3.33 billion during the quarter, compared to analysts’ expectations 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. As a group, sell-side analysts predict that BrightSpring Health Services, Inc. will post 0.59 earnings per share for the current fiscal year.

Insider Activity

In other BrightSpring Health Services news, insider Jon B. Rousseau sold 235,000 shares of the firm’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 owned 1,131,930 shares in the company, valued at $32,576,945.40. This trade represents a 17.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Lisa A. Nalley sold 20,000 shares of BrightSpring Health Services stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $28.78, for a total value of $575,600.00. Following the completion of the sale, the insider directly owned 131,150 shares in the company, 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 Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its position in BrightSpring Health Services by 6.4% in the third quarter. Vanguard Group Inc. now owns 9,604,703 shares of the company’s stock worth $283,915,000 after purchasing an additional 576,906 shares during the last quarter. Invesco Ltd. grew its stake in shares of BrightSpring Health Services by 2.5% in the 3rd quarter. Invesco Ltd. now owns 9,347,125 shares of the company’s stock worth $276,301,000 after buying an additional 227,717 shares in the last quarter. Alliancebernstein L.P. increased its holdings in shares of BrightSpring Health Services by 12.1% in the 2nd quarter. Alliancebernstein L.P. now owns 5,450,085 shares of the company’s stock worth $128,568,000 after buying an additional 588,642 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of BrightSpring Health Services by 936.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,276,583 shares of the company’s stock valued at $53,705,000 after buying an additional 2,056,920 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of BrightSpring Health Services by 123.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,096,949 shares of the company’s stock valued at $61,966,000 after acquiring an additional 1,160,500 shares during the last quarter.

About BrightSpring Health Services

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.