In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, BrightSpring Health Services Inc’s stock clocked out at $21.19, up 1.44% from its previous closing price of $20.89. In other words, the price has increased by $1.44 from its previous closing price. On the day, 3.03 million shares were traded. BTSG stock price reached its highest trading level at $21.5 during the session, while it also had its lowest trading level at $20.32.
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 3689730048 and an Enterprise Value of 6610950144. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 2.28. Its current Enterprise Value per Revenue stands at 0.624 whereas that against EBITDA is 16.801.
Stock Price History:
The Beta on a monthly basis for BTSG is 1.59, which has changed by 0.8990909 over the last 52 weeks, in comparison to a change of 0.24359846 over the same period for the S&P500. Over the past 52 weeks, BTSG has reached a high of $21.34, while it has fallen to a 52-week low of $7.85. The 50-Day Moving Average of the stock is 15.25%, while the 200-Day Moving Average is calculated to be 51.89%.
Shares Statistics:
It appears that BTSG traded 1.36M shares on average per day over the past three months and 1452800 shares per day over the past ten days. A total of 174.08M shares are outstanding, with a floating share count of 55.74M. Insiders hold about 67.99% of the company’s shares, while institutions hold 46.76% stake in the company. Shares short for BTSG as of 1735603200 were 9029885 with a Short Ratio of 6.63, compared to 1732838400 on 6911450. Therefore, it implies a Short% of Shares Outstanding of 9029885 and a Short% of Float of 16.5.
