BrightSpring Health Services (BTSG) Stock Price, News & Analysis

$11.48
+0.07 (+0.61%)
(As of 05/7/2024 ET)
Today's Range
$11.13
$11.60
50-Day Range
$8.23
$11.50
52-Week Range
$7.85
$12.14
Volume
2.27 million shs
Average Volume
2.08 million shs
Market Capitalization
$1.97 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.85

BrightSpring Health Services MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
38.1% Upside
$15.85 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.53mentions of BrightSpring Health Services in the last 14 days
Based on 15 Articles This Week
Insider Trading
Acquiring Shares
$200,572 Bought Last Quarter
Proj. Earnings Growth
35.82%
From $0.67 to $0.91 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.81 out of 5 stars

Medical Sector

211th out of 903 stocks

Home Health Care Services Industry

4th out of 8 stocks

BTSG stock logo

About BrightSpring Health Services Stock (NASDAQ:BTSG)

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. It serves patients through clinical providers and pharmacists. The company was formerly known as Phoenix Parent Holdings Inc. and changed its name to BrightSpring Health Services, Inc. in May 2021. BrightSpring Health Services, Inc. was founded in 1974 and is headquartered in Louisville, Kentucky.

BTSG Stock Price History

BTSG Stock News Headlines

Key Takeaways From BrightSpring Health Analyst Ratings
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BrightSpring Health Services, Inc. (BTSG)
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Company Calendar

Last Earnings
5/02/2024
Today
5/07/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Home health care services
Sub-Industry
N/A
Current Symbol
NASDAQ:BTSG
Previous Symbol
NASDAQ:BTSG
Fax
N/A
Employees
35,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.85
High Stock Price Target
$23.00
Low Stock Price Target
$11.50
Potential Upside/Downside
+38.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
11 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$9.37 billion
Cash Flow
$0.40 per share
Book Value
$3.42 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.97 billion
Optionable
Optionable
Beta
N/A
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Key Executives

  • Mr. Jon B. Rousseau (Age 50)
    Chairman, President & CEO
    Comp: $12.4M
  • Mr. Jim Mattingly Jr. (Age 45)
    Executive VP & CFO
    Comp: $908.96k
  • Mr. Steven Spencer Reed Esq. (Age 62)
    Corporate Secretary & Chief Legal Officer
    Comp: $761.66k
  • Mr. Robert A. Barnes (Age 52)
    President of Community Living
    Comp: $744.7k
  • Ms. Jennifer Yowler (Age 47)
    President of PharMerica
    Comp: $733.96k
  • Ms. Jennifer A. Phipps
    Chief Accounting Officer
  • Mr. Phani Konduru
    Chief Digital & Technology Officer
  • Ms. Rachael Kurzer Givens
    Chief Compliance Officer
  • Ms. Lisa Nalley (Age 49)
    Chief of Staff & Senior VP of Human Resources
  • Mr. Mike McMaude (Age 55)
    President of Home Health & Hospice Services
    Comp: $424.41k

BTSG Stock Analysis - Frequently Asked Questions

Should I buy or sell BrightSpring Health Services stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BrightSpring Health Services in the last twelve months. There are currently 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BTSG shares.
View BTSG analyst ratings
or view top-rated stocks.

What is BrightSpring Health Services' stock price target for 2024?

11 Wall Street analysts have issued 1 year price objectives for BrightSpring Health Services' stock. Their BTSG share price targets range from $11.50 to $23.00. On average, they anticipate the company's stock price to reach $15.85 in the next year. This suggests a possible upside of 38.1% from the stock's current price.
View analysts price targets for BTSG
or view top-rated stocks among Wall Street analysts.

How have BTSG shares performed in 2024?

BrightSpring Health Services' stock was trading at $11.00 at the start of the year. Since then, BTSG stock has increased by 4.4% and is now trading at $11.48.
View the best growth stocks for 2024 here
.

When is BrightSpring Health Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our BTSG earnings forecast
.

How were BrightSpring Health Services' earnings last quarter?

BrightSpring Health Services, Inc. (NASDAQ:BTSG) released its earnings results on Thursday, May, 2nd. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.06. The company had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.31 billion. The company's revenue was up 27.0% compared to the same quarter last year. During the same period last year, the firm earned ($0.10) EPS.

What ETF holds BrightSpring Health Services' stock?

Fidelity Sustainable U.S. Equity ETF holds 10,618 shares of BTSG stock, representing 0.87% of its portfolio.

What guidance has BrightSpring Health Services issued on next quarter's earnings?

BrightSpring Health Services updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $10.3 billion-$10.8 billion, compared to the consensus revenue estimate of $9.4 billion.

When did BrightSpring Health Services IPO?

BrightSpring Health Services (BTSG) raised $693 million in an initial public offering on Friday, January 26th 2024. The company issued 53,333,334 shares at a price of $13.00 per share.

When does BrightSpring Health Services' lock-up period expire?

BrightSpring Health Services' lock-up period expires on Wednesday, July 24th. BrightSpring Health Services had issued 53,333,334 shares in its IPO on January 26th. The total size of the offering was $693,333,342 based on an initial share price of $13.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Who are BrightSpring Health Services' major shareholders?

BrightSpring Health Services' stock is owned by many different institutional and retail investors. Top institutional shareholders include Capstone Investment Advisors LLC (0.52%), Seven Grand Managers LLC (0.09%) and BNP Paribas Financial Markets (0.02%). Insiders that own company stock include James F Mattingly Jr and Jennifer A Phipps.
View institutional ownership trends
.

How do I buy shares of BrightSpring Health Services?

Shares of BTSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BTSG) was last updated on 5/8/2024 by MarketBeat.com Staff

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