Market Watch Highlights: BrightSpring Health Services Inc (BTSG) Ends on an Downturn Note at 13.52

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As of close of business last night, BrightSpring Health Services Inc’s stock clocked out at $13.52, down -0.37% from its previous closing price of $13.57. In other words, the price has decreased by -$0.37 from its previous closing price. On the day, 1.76 million shares were traded. BTSG stock price reached its highest trading level at $13.66 during the session, while it also had its lowest trading level at $13.355.

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 1.00 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 1.82 whereas as Long-Term Debt/Eq ratio is at 1.74.

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, BTIG Research on June 21, 2024, initiated with a Buy rating and assigned the stock a target price of $15.

On March 06, 2024, HSBC Securities started tracking the stock assigning a Buy rating and target price of $13.

Deutsche Bank Upgraded its Hold to Buy on February 27, 2024, while the target price for the stock was maintained at $11.50.

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 May 20 ’24 when DAmbrosio Matthew bought 1,000 shares for $11.46 per share. The transaction valued at 11,461 led to the insider holds 1,000 shares of the business.

Yowler Jennifer bought 3,000 shares of BTSG for $24,630 on Mar 15 ’24. The President, PharMerica now owns 60,880 shares after completing the transaction at $8.21 per share. On Mar 15 ’24, another insider, Mattingly James F Jr, who serves as the insider of the company, bought 6,080 shares for $8.26 each. As a result, the insider paid 50,221 and bolstered with 134,780 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 2328401152 and an Enterprise Value of 5211491328. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 1.45. Its current Enterprise Value per Revenue stands at 0.524 whereas that against EBITDA is 18.256.

Stock Price History:

Over the past 52 weeks, BTSG has reached a high of $13.64, while it has fallen to a 52-week low of $7.85. The 50-Day Moving Average of the stock is 13.08%, while the 200-Day Moving Average is calculated to be 23.01%.

Shares Statistics:

It appears that BTSG traded 914.94K shares on average per day over the past three months and 1155720 shares per day over the past ten days. A total of 171.19M shares are outstanding, with a floating share count of 53.05M. Insiders hold about 69.06% of the company’s shares, while institutions hold 46.53% stake in the company. Shares short for BTSG as of 1723680000 were 8965249 with a Short Ratio of 9.80, compared to 1721001600 on 9860413. Therefore, it implies a Short% of Shares Outstanding of 8965249 and a Short% of Float of 17.22.

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