BrightSpring Health Services, Inc. (NASDAQ:BTSG - Free Report) - Equities research analysts at Leerink Partnrs issued their FY2029 EPS estimates for BrightSpring Health Services in a report released on Tuesday, May 6th. Leerink Partnrs analyst W. Mayo anticipates that the company will earn $2.00 per share for the year. The consensus estimate for BrightSpring Health Services' current full-year earnings is $0.59 per share.
Several other equities analysts have also weighed in on BTSG. UBS Group upped their price objective on shares of BrightSpring Health Services from $22.00 to $30.00 and gave the company a "buy" rating in a report on Wednesday, January 29th. Mizuho set a $26.00 price objective on BrightSpring Health Services in a report on Monday. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, BrightSpring Health Services has an average rating of "Moderate Buy" and an average target price of $22.33.
Check Out Our Latest Stock Report on BrightSpring Health Services
BrightSpring Health Services Stock Up 3.2 %
BrightSpring Health Services stock opened at $21.83 on Wednesday. The company has a quick ratio of 0.97, a current ratio of 1.35 and a debt-to-equity ratio of 1.63. The company has a market capitalization of $3.82 billion, a PE ratio of -83.96 and a beta of 2.06. The firm's fifty day moving average is $17.71 and its 200 day moving average is $18.58. BrightSpring Health Services has a 12-month low of $10.15 and a 12-month high of $24.82.
BrightSpring Health Services (NASDAQ:BTSG - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.10. BrightSpring Health Services had a positive return on equity of 4.16% and a negative net margin of 0.38%. The company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same period in the previous year, the business earned $0.12 EPS. The firm's revenue was up 25.9% compared to the same quarter last year.
Institutional Trading of BrightSpring Health Services
A number of large investors have recently added to or reduced their stakes in BTSG. Teacher Retirement System of Texas grew its position in shares of BrightSpring Health Services by 6.8% during the 1st quarter. Teacher Retirement System of Texas now owns 14,650 shares of the company's stock valued at $265,000 after acquiring an additional 932 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in BrightSpring Health Services by 3.5% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,649 shares of the company's stock valued at $522,000 after purchasing an additional 1,032 shares during the period. Rhumbline Advisers grew its holdings in BrightSpring Health Services by 1.5% during the fourth quarter. Rhumbline Advisers now owns 73,583 shares of the company's stock valued at $1,253,000 after purchasing an additional 1,118 shares during the period. MetLife Investment Management LLC raised its stake in shares of BrightSpring Health Services by 4.9% in the fourth quarter. MetLife Investment Management LLC now owns 33,117 shares of the company's stock valued at $564,000 after buying an additional 1,548 shares during the period. Finally, Quarry LP bought a new stake in shares of BrightSpring Health Services in the fourth quarter valued at $29,000.
About BrightSpring Health Services
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider BrightSpring Health Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BrightSpring Health Services wasn't on the list.
While BrightSpring Health Services currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
