Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $22.15 in the prior trading day, BrightSpring Health Services Inc (NASDAQ: BTSG) closed at $20.90, down -5.64%. In other words, the price has decreased by -$5.64 from its previous closing price. On the day, 5.22 million 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 0.97 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 Feb 18 ’25 when Walgreen Co. bought 12,000,000 shares for $22.15 per share.
Walgreens Boots Alliance, Inc. sold 11,619,998 shares of BTSG for $129,330,578 on Sep 11 ’24. The 10% Owner now owns 23,239,996 shares after completing the transaction at $11.13 per share. On Sep 11 ’24, another insider, KKR Group Partnership 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 2.25.
Stock Price History:
Over the past 52 weeks, BTSG has reached a high of $24.82, while it has fallen to a 52-week low of $7.85. The 50-Day Moving Average of the stock is 5.88%, while the 200-Day Moving Average is calculated to be 38.34%.
Shares Statistics:
A total of 174.08M shares are outstanding, with a floating share count of 55.66M. Insiders hold about 68.04% of the company’s shares, while institutions hold 46.33% stake in the company.
