Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, BrightSpring Health Services Inc’s stock clocked out at $22.27, up 0.72% from its previous closing price of $22.11. In other words, the price has increased by $0.72 from its previous closing price. On the day, 0.76 million shares were traded. BTSG stock price reached its highest trading level at $22.39 during the session, while it also had its lowest trading level at $21.67.
Ratios:
To gain a deeper understanding of BTSG’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 3877786112 and an Enterprise Value of 6799006720. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 2.40. Its current Enterprise Value per Revenue stands at 0.642 whereas that against EBITDA is 17.278.
Stock Price History:
The Beta on a monthly basis for BTSG is 1.88, which has changed by 0.9794091 over the last 52 weeks, in comparison to a change of 0.21659255 over the same period for the S&P500. 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 14.79%, while the 200-Day Moving Average is calculated to be 50.74%.
Shares Statistics:
It appears that BTSG traded 1.41M shares on average per day over the past three months and 1539020 shares per day over the past ten days. A total of 174.08M shares are outstanding, with a floating share count of 54.77M. Insiders hold about 68.55% of the company’s shares, while institutions hold 46.93% stake in the company. Shares short for BTSG as of 1736899200 were 8519154 with a Short Ratio of 6.06, compared to 1734048000 on 7338869. Therefore, it implies a Short% of Shares Outstanding of 8519154 and a Short% of Float of 15.560001000000002.
