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The closing price of BrightSpring Health Services Inc (NASDAQ: BTSG) was $19.19 for the day, down -2.39% from the previous closing price of $19.66. In other words, the price has decreased by -$2.39 from its previous closing price. On the day, 0.84 million shares were traded. BTSG stock price reached its highest trading level at $19.76 during the session, while it also had its lowest trading level at $19.18.
Ratios:
Our analysis of BTSG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 1.83 whereas as Long-Term Debt/Eq ratio is at 1.75.
On June 21, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $15.
On March 06, 2024, HSBC Securities started tracking the stock assigning a Buy rating and target price of $13.HSBC Securities initiated its Buy rating on March 06, 2024, with a $13 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 11 ’24 when Walgreens Boots Alliance, Inc. sold 11,619,998 shares for $11.13 per share. The transaction valued at 129,330,578 led to the insider holds 23,239,996 shares of the business.
KKR Group Partnership L.P. bought 11,619,998 shares of BTSG for $129,330,578 on Sep 11 ’24. The 10% Owner now owns 92,959,984 shares after completing the transaction at $11.13 per share. On Sep 11 ’24, another insider, KKR Phoenix Aggregator L.P., who serves as the 10% Owner of the company, bought 11,619,998 shares for $11.13 each. As a result, the insider paid 129,330,578 and bolstered with 92,959,984 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTSG now has a Market Capitalization of 3341478144 and an Enterprise Value of 6262696960. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 2.07. Its current Enterprise Value per Revenue stands at 0.591 whereas that against EBITDA is 15.916.
Stock Price History:
Over the past 52 weeks, BTSG has reached a high of $20.25, while it has fallen to a 52-week low of $7.85. The 50-Day Moving Average of the stock is 22.37%, while the 200-Day Moving Average is calculated to be 58.18%.
Shares Statistics:
BTSG traded an average of 1.43M shares per day over the past three months and 1826750 shares per day over the past ten days. A total of 171.19M shares are outstanding, with a floating share count of 53.90M. Insiders hold about 69.05% of the company’s shares, while institutions hold 46.50% stake in the company. Shares short for BTSG as of 1730332800 were 6208595 with a Short Ratio of 4.33, compared to 1727654400 on 6650649. Therefore, it implies a Short% of Shares Outstanding of 6208595 and a Short% of Float of 11.3400005.
Earnings Estimates
The current rating of BrightSpring Health Services Inc (BTSG) reflects the combined expertise of 9.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.14, with high estimates of $0.17 and low estimates of $0.1.
Analysts are recommending an EPS of between $0.76 and $0.43 for the fiscal current year, implying an average EPS of $0.56. EPS for the following year is $0.76, with 10.0 analysts recommending between $0.87 and $0.63.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 10 analysts. It ranges from a high estimate of $3.04B to a low estimate of $2.79B. As of the current estimate, BrightSpring Health Services Inc’s year-ago sales were $2.37BFor the next quarter, 10 analysts are estimating revenue of $2.85B. There is a high estimate of $3.01B for the next quarter, whereas the lowest estimate is $2.74B.
A total of 12 analysts have provided revenue estimates for BTSG’s current fiscal year. The highest revenue estimate was $11.26B, while the lowest revenue estimate was $10.86B, resulting in an average revenue estimate of $11.15B. In the same quarter a year ago, actual revenue was $8.83BBased on 12 analysts’ estimates, the company’s revenue will be $12.34B in the next fiscal year. The high estimate is $13B and the low estimate is $11.5B.
