In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of BrightSpring Health Services Inc (NASDAQ: BTSG) was $18.79 for the day, up 0.75% from the previous closing price of $18.65. In other words, the price has increased by $0.75 from its previous closing price. On the day, 0.97 million shares were traded. BTSG stock price reached its highest trading level at $18.84 during the session, while it also had its lowest trading level at $18.41.
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 3271827712 and an Enterprise Value of 6193046528. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 2.03. Its current Enterprise Value per Revenue stands at 0.585 whereas that against EBITDA is 15.739.
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 16.45%, while the 200-Day Moving Average is calculated to be 52.94%.
Shares Statistics:
BTSG traded an average of 1.46M shares per day over the past three months and 1196750 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 46.78% stake in the company. Shares short for BTSG as of 1730332800 were 6208595 with a Short Ratio of 4.24, compared to 1727654400 on 6650649. Therefore, it implies a Short% of Shares Outstanding of 6208595 and a Short% of Float of 11.3400005.
