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The price of BrightSpring Health Services Inc (NASDAQ: BTSG) closed at $18.35 in the last session, up 4.08% from day before closing price of $17.63. In other words, the price has increased by $4.08 from its previous closing price. On the day, 1.1 million shares were traded. BTSG stock price reached its highest trading level at $18.4 during the session, while it also had its lowest trading level at $17.75.
Ratios:
We take a closer look at BTSG’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 3195212288 and an Enterprise Value of 6116430848. 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 1.98. Its current Enterprise Value per Revenue stands at 0.578 whereas that against EBITDA is 15.544.
Stock Price History:
Over the past 52 weeks, BTSG has reached a high of $17.68, while it has fallen to a 52-week low of $7.85. The 50-Day Moving Average of the stock is 23.38%, while the 200-Day Moving Average is calculated to be 54.40%.
Shares Statistics:
According to the various share statistics, BTSG traded on average about 1.35M shares per day over the past 3-months and 1752780 shares per day over the past 10 days. A total of 171.19M shares are outstanding, with a floating share count of 53.08M. Insiders hold about 69.04% of the company’s shares, while institutions hold 46.93% stake in the company. Shares short for BTSG as of 1728950400 were 7076864 with a Short Ratio of 5.23, compared to 1726185600 on 7361823. Therefore, it implies a Short% of Shares Outstanding of 7076864 and a Short% of Float of 12.94.
