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After finishing at $18.37 in the prior trading day, BrightSpring Health Services Inc (NASDAQ: BTSG) closed at $17.94, down -2.34%. In other words, the price has decreased by -$2.34 from its previous closing price. On the day, 0.88 million shares were traded. BTSG stock price reached its highest trading level at $18.52 during the session, while it also had its lowest trading level at $17.8.
Ratios:
Our goal is to gain a better understanding of BTSG by taking a closer look at its different ratios. 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.BTIG Research initiated its Buy rating on June 21, 2024, with a $15 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 3198702080 and an Enterprise Value of 6045039104. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 1.93. Its current Enterprise Value per Revenue stands at 0.571 whereas that against EBITDA is 15.362.
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 3.54%, while the 200-Day Moving Average is calculated to be 39.09%.
Shares Statistics:
The stock has traded on average 1.46M shares per day over the past 3-months and 912690 shares per day over the last 10 days, according to various share statistics. A total of 174.08M shares are outstanding, with a floating share count of 55.74M. Insiders hold about 67.99% of the company’s shares, while institutions hold 46.82% stake in the company. Shares short for BTSG as of 1732838400 were 6911450 with a Short Ratio of 4.73, compared to 1730332800 on 6208595. Therefore, it implies a Short% of Shares Outstanding of 6911450 and a Short% of Float of 12.629999999999999.
