BrightSpring Health Services (BTSG) to Release Quarterly Earnings on Friday

BrightSpring Health Services (NASDAQ:BTSG - Get Free Report) is projected to post its Q2 2025 quarterly earnings results before the market opens on Friday, August 1st. Analysts expect BrightSpring Health Services to post earnings of $0.22 per share and revenue of $2.99 billion for the quarter. BrightSpring Health Services has set its FY 2025 guidance at EPS.

BrightSpring Health Services (NASDAQ:BTSG - Get Free Report) last issued its quarterly earnings results on Friday, May 2nd. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.10. BrightSpring Health Services had a return on equity of 7.76% and a net margin of 0.49%. The firm had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same period in the previous year, the firm earned $0.12 earnings per share. The company's revenue was up 25.9% compared to the same quarter last year. On average, analysts expect BrightSpring Health Services to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

BrightSpring Health Services Trading Down 0.2%

BTSG traded down $0.05 during trading on Monday, hitting $20.48. The company's stock had a trading volume of 1,755,368 shares, compared to its average volume of 1,859,069. BrightSpring Health Services has a twelve month low of $10.15 and a twelve month high of $25.57. The company has a quick ratio of 1.37, a current ratio of 1.73 and a debt-to-equity ratio of 1.48. The stock's fifty day moving average price is $22.13 and its 200-day moving average price is $20.44. The firm has a market capitalization of $3.60 billion, a P/E ratio of 73.14 and a beta of 2.30.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Wells Fargo & Company boosted their price target on BrightSpring Health Services from $25.00 to $27.00 and gave the company an "overweight" rating in a research note on Tuesday, May 13th. Wall Street Zen lowered BrightSpring Health Services from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Morgan Stanley upped their target price on BrightSpring Health Services from $20.00 to $25.00 and gave the stock an "overweight" rating in a research report on Friday, May 9th. TD Cowen assumed coverage on BrightSpring Health Services in a research report on Monday, June 23rd. They set a "buy" rating and a $37.00 target price on the stock. Finally, Mizuho set a $26.00 target price on BrightSpring Health Services in a research report on Monday, May 5th. One investment analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $24.90.

Insiders Place Their Bets

In related news, insider Jon B. Rousseau sold 531,840 shares of the stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $21.75, for a total value of $11,567,520.00. Following the completion of the sale, the insider directly owned 1,184,133 shares of the company's stock, valued at approximately $25,754,892.75. This represents a 30.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Phoenix Aggregator L.P. Kkr sold 2,100,000 shares of the stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $21.15, for a total value of $44,415,000.00. Following the completion of the sale, the insider directly owned 77,096,337 shares of the company's stock, valued at $1,630,587,527.55. The trade was a 2.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,919,941 shares of company stock valued at $337,025,856 over the last three months. 3.40% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of BTSG. AQR Capital Management LLC bought a new position in BrightSpring Health Services in the 1st quarter valued at $276,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in BrightSpring Health Services by 5.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,429 shares of the company's stock valued at $587,000 after purchasing an additional 1,780 shares during the period. Millennium Management LLC grew its stake in BrightSpring Health Services by 0.3% in the 1st quarter. Millennium Management LLC now owns 577,885 shares of the company's stock valued at $10,454,000 after purchasing an additional 1,967 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in BrightSpring Health Services by 11.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 147,280 shares of the company's stock valued at $2,664,000 after purchasing an additional 14,586 shares during the period.

BrightSpring Health Services Company Profile

BrightSpring Health Services, Inc operates a home and community-based healthcare services platform in the United States. The company's platform focuses on delivering pharmacy and provider services, including clinical and supportive care in home and community settings to Medicare, Medicaid, and insured populations.