Weiss Ratings Reaffirms Hold (C-) Rating for BrightSpring Health Services (NASDAQ:BTSG)

Key Points

• Weiss Ratings has restated a **"hold (C-)" rating** for BrightSpring Health Services (NASDAQ:BTSG), while multiple analysts have given the stock a **buy rating** with raised price targets.
• BrightSpring Health Services' shares rose by **0.1%**, reaching a price of **$33.53**; the stock has a **market capitalization of $6.07 billion** and a **P/E ratio of 54.97**.
• In recent insider trading, Jon B. Rousseau sold **235,000 shares** at an average price of **$28.78**, reducing his ownership by **17.19%**.

BrightSpring Health Services (NASDAQ:BTSG - Get Free Report)'s stock had its "hold (c-)" rating restated by equities research analysts at Weiss Ratings in a research report issued to clients and investors on Friday,Weiss Ratings reports.

Several other equities research analysts have also recently issued reports on the stock. Wells Fargo & Company lifted their price objective on shares of BrightSpring Health Services from $27.00 to $33.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 7th. UBS Group lifted their price objective on shares of BrightSpring Health Services from $31.00 to $35.00 and gave the stock a "buy" rating in a research report on Monday, October 13th. Morgan Stanley lifted their price objective on shares of BrightSpring Health Services from $25.00 to $32.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 14th. Jefferies Financial Group set a $36.00 price objective on shares of BrightSpring Health Services and gave the stock a "buy" rating in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft set a $30.00 price objective on shares of BrightSpring Health Services and gave the stock a "buy" rating in a research report on Monday, September 8th. Ten investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $32.56.

BrightSpring Health Services Stock Up 0.1%

Shares of NASDAQ:BTSG traded up $0.03 during trading on Friday, hitting $33.53. The company's stock had a trading volume of 2,817,869 shares, compared to its average volume of 2,543,814. The business has a 50 day moving average price of $27.09 and a two-hundred day moving average price of $23.06. The company has a market capitalization of $6.07 billion, a PE ratio of 54.97, a P/E/G ratio of 0.56 and a beta of 2.40. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.34 and a current ratio of 1.76. BrightSpring Health Services has a fifty-two week low of $14.73 and a fifty-two week high of $34.10.

BrightSpring Health Services (NASDAQ:BTSG - Get Free Report) last posted its quarterly earnings results on Monday, October 20th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.27 by $0.03. The business had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.16 billion. BrightSpring Health Services had a net margin of 1.04% and a return on equity of 11.83%. BrightSpring Health Services has set its Q3 2025 guidance at 0.300-0.300 EPS. FY 2025 guidance at EPS. As a group, research analysts expect that BrightSpring Health Services will post 0.59 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Jon B. Rousseau sold 235,000 shares of the business's stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $28.78, for a total value of $6,763,300.00. Following the completion of the sale, the insider directly owned 1,131,930 shares of the company's stock, valued at $32,576,945.40. The trade was a 17.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Lisa A. Nalley sold 20,000 shares of the business's stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $28.78, for a total transaction of $575,600.00. Following the completion of the sale, the insider directly owned 131,150 shares of the company's stock, valued at approximately $3,774,497. This trade represents a 13.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.40% of the stock is owned by insiders.

Institutional Investors Weigh In On BrightSpring Health Services

A number of institutional investors and hedge funds have recently bought and sold shares of BTSG. EverSource Wealth Advisors LLC purchased a new stake in BrightSpring Health Services in the second quarter valued at $43,000. CWM LLC raised its holdings in shares of BrightSpring Health Services by 105.3% in the third quarter. CWM LLC now owns 1,595 shares of the company's stock valued at $47,000 after buying an additional 818 shares during the last quarter. Sandia Investment Management LP purchased a new stake in shares of BrightSpring Health Services in the second quarter valued at about $118,000. Penserra Capital Management LLC purchased a new stake in shares of BrightSpring Health Services in the second quarter valued at about $139,000. Finally, IFP Advisors Inc raised its holdings in shares of BrightSpring Health Services by 273,666.7% in the first quarter. IFP Advisors Inc now owns 8,213 shares of the company's stock valued at $149,000 after buying an additional 8,210 shares during the last quarter.

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.

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