BrightSpring Health Services Inc (BTSG) Stocks Reach New Highs at $9.09 During Trading Session

After finishing at $9.19 in the prior trading day, BrightSpring Health Services Inc (NASDAQ: BTSG) closed at $9.09, down -1.09%. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 1260021 shares were traded.

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 0.84 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 6.27 whereas as Long-Term Debt/Eq ratio is at 6.07.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, HSBC Securities on Mar-07-24, initiated with a Buy rating and assigned the stock a target price of $13.

On February 27, 2024, Deutsche Bank Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $11.50.

On February 20, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $15.Wells Fargo initiated its Overweight rating on February 20, 2024, with a $15 target price.

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 1.57B and an Enterprise Value of 5.34B. Its current Enterprise Value per Revenue stands at 0.63 whereas that against EBITDA is 17.37.

Stock Price History:

Over the past 52 weeks, BTSG has reached a high of $12.14, while it has fallen to a 52-week low of $8.73. The 50-Day Moving Average of the stock is 10.46, while the 200-Day Moving Average is calculated to be 10.46.

Shares Statistics:

The stock has traded on average 3.62M shares per day over the past 3-months and 2.67M shares per day over the last 10 days, according to various share statistics. A total of 117.86M shares are outstanding, with a floating share count of 36.33M. Therefore, it implies a Short% of Shares Outstanding of 6.27% and a Short% of Float of 21.15%.

Earnings Estimates

Its stock is currently analyzed by 8 different market analysts. The consensus estimate for the next quarter is $0.18, with high estimates of $0.36 and low estimates of $0.12.

Analysts are recommending an EPS of between $1.23 and $0.35 for the fiscal current year, implying an average EPS of $0.59. EPS for the following year is $0.8, with 9 analysts recommending between $1.48 and $0.52.

Revenue Estimates

A total of 10 analysts have provided revenue estimates for BTSG’s current fiscal year. The highest revenue estimate was $9.57B, while the lowest revenue estimate was $9.42B, resulting in an average revenue estimate of $9.45B. In the same quarter a year ago, actual revenue was $8.83B, up 7.10% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $10.29B in the next fiscal year. The high estimate is $10.49B and the low estimate is $10.18B. The average revenue growth estimate for next year is up 8.80% from the average revenue estimate for this year.

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