Upward Trajectory: BrightSpring Health Services Inc (BTSG) Posts a Slidee, Closing at 10.95

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The closing price of BrightSpring Health Services Inc (NASDAQ: BTSG) was $10.95 for the day, down -4.62% from the previous closing price of $11.48. In other words, the price has decreased by -$4.62 from its previous closing price. On the day, 1.41 million shares were traded. BTSG stock price reached its highest trading level at $11.35 during the session, while it also had its lowest trading level at $10.67.

Ratios:

Our analysis of BTSG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 1.84 whereas as Long-Term Debt/Eq ratio is at 1.75.

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, HSBC Securities on March 06, 2024, initiated with a Buy rating and assigned the stock a target price of $13.

On February 27, 2024, Deutsche Bank Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $11.50.

On February 20, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $15.Wells Fargo initiated its Overweight rating on February 20, 2024, with a $15 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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.

ROUSSEAU JON B bought 18,400 shares of BTSG for $148,856 on Mar 15 ’24. The insider now owns 369,763 shares after completing the transaction at $8.09 per share. On Mar 15 ’24, another insider, ROUSSEAU JON B, who serves as the insider of the company, bought 18,400 shares for $8.09 each. As a result, the insider paid 148,856 and bolstered with 1,025,636 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 1875953920 and an Enterprise Value of 4709945856. Its current Enterprise Value per Revenue stands at 0.502 whereas that against EBITDA is 15.493.

Stock Price History:

Over the past 52 weeks, BTSG has reached a high of $12.21, while it has fallen to a 52-week low of $7.85. The 50-Day Moving Average of the stock is 0.01%, while the 200-Day Moving Average is calculated to be 4.25%.

Shares Statistics:

BTSG traded an average of 1.43M shares per day over the past three months and 1142980 shares per day over the past ten days. A total of 171.19M shares are outstanding, with a floating share count of 52.80M. Insiders hold about 69.18% of the company’s shares, while institutions hold 41.23% stake in the company. Shares short for BTSG as of 1715731200 were 15679025 with a Short Ratio of 10.96, compared to 1713139200 on 14644830. Therefore, it implies a Short% of Shares Outstanding of 15679025 and a Short% of Float of 30.19.

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