Leerink Partnrs Brokers Raise Earnings Estimates for BTSG

BrightSpring Health Services, Inc. (NASDAQ:BTSG - Free Report) - Research analysts at Leerink Partnrs boosted their Q2 2025 earnings per share estimates for BrightSpring Health Services in a research note issued to investors on Monday, November 4th. Leerink Partnrs analyst W. Mayo now expects that the company will post earnings per share of $0.21 for the quarter, up from their previous estimate of $0.20. The consensus estimate for BrightSpring Health Services' current full-year earnings is $0.53 per share. Leerink Partnrs also issued estimates for BrightSpring Health Services' Q4 2025 earnings at $0.27 EPS, FY2025 earnings at $0.85 EPS, FY2026 earnings at $1.10 EPS, FY2027 earnings at $1.33 EPS and FY2028 earnings at $1.60 EPS.

Several other research analysts also recently weighed in on BTSG. UBS Group boosted their price target on BrightSpring Health Services from $16.00 to $20.00 and gave the company a "buy" rating in a report on Wednesday, October 30th. KeyCorp initiated coverage on BrightSpring Health Services in a research report on Friday, October 11th. They set a "sector weight" rating on the stock. Guggenheim raised their price target on BrightSpring Health Services from $15.00 to $18.00 and gave the stock a "buy" rating in a research note on Tuesday, October 1st. Mizuho upped their price objective on shares of BrightSpring Health Services from $17.00 to $20.00 and gave the company an "outperform" rating in a research note on Monday. Finally, The Goldman Sachs Group decreased their target price on shares of BrightSpring Health Services from $21.00 to $18.00 and set a "buy" rating on the stock in a research report on Friday, August 9th. One equities research analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $16.79.

BrightSpring Health Services Trading Up 3.1 %

Shares of NASDAQ:BTSG traded up $0.57 during trading on Thursday, reaching $18.92. The stock had a trading volume of 1,259,832 shares, compared to its average volume of 1,496,668. The company has a quick ratio of 1.00, a current ratio of 1.35 and a debt-to-equity ratio of 1.63. The stock has a market cap of $3.29 billion and a P/E ratio of -72.77. The business has a fifty day moving average price of $14.99 and a 200-day moving average price of $12.65. BrightSpring Health Services has a fifty-two week low of $7.85 and a fifty-two week high of $18.99.

BrightSpring Health Services (NASDAQ:BTSG - Get Free Report) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.07). BrightSpring Health Services had a positive return on equity of 4.16% and a negative net margin of 0.38%. The company had revenue of $2.91 billion for the quarter, compared to analysts' expectations of $2.72 billion. The company's revenue was up 28.8% on a year-over-year basis.

Hedge Funds Weigh In On BrightSpring Health Services

A number of institutional investors and hedge funds have recently bought and sold shares of BTSG. nVerses Capital LLC purchased a new position in shares of BrightSpring Health Services in the second quarter valued at $55,000. Ameritas Investment Partners Inc. acquired a new stake in shares of BrightSpring Health Services during the first quarter valued at about $58,000. California State Teachers Retirement System purchased a new stake in shares of BrightSpring Health Services during the first quarter worth about $59,000. The Manufacturers Life Insurance Company boosted its stake in shares of BrightSpring Health Services by 10.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 117,026 shares of the company's stock valued at $1,329,000 after buying an additional 10,854 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of BrightSpring Health Services during the second quarter worth approximately $126,000.

Insider Buying and Selling at BrightSpring Health Services

In related news, major shareholder Kkr Group Partnership L.P. purchased 11,619,998 shares of the stock in a transaction that occurred on Wednesday, September 11th. The stock was purchased at an average cost of $11.13 per share, for a total transaction of $129,330,577.74. Following the acquisition, the insider now owns 92,959,984 shares in the company, valued at approximately $1,034,644,621.92. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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.