Key Points
- Insider Jon Rousseau sold 220,000 shares of BrightSpring (NASDAQ:BTSG) on March 4 at an average price of $41.15 for about $9.05M, cutting his holding by 17.69% to 1,023,880 shares.
- The company posted strong revenue growth (up 29.3% YoY) but missed EPS by $0.01 for the quarter and the stock trades at an elevated P/E of 47.15, leaving fundamentals mixed.
- Analysts are generally positive: the consensus rating is Buy with a $44.08 average price target and several recent upgrades and higher targets from firms like KeyCorp, BTIG and William Blair.
BrightSpring Health Services, Inc. (NASDAQ:BTSG - Get Free Report) insider Lisa Nalley sold 30,000 shares of the company's stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $41.15, for a total value of $1,234,500.00. Following the completion of the transaction, the insider directly owned 110,594 shares in the company, valued at approximately $4,550,943.10. The trade was a 21.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
BrightSpring Health Services Stock Performance
Shares of BTSG opened at $41.49 on Friday. The stock has a 50-day moving average of $39.50 and a two-hundred day moving average of $33.91. BrightSpring Health Services, Inc. has a one year low of $15.48 and a one year high of $44.87. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.12 and a current ratio of 1.57. The stock has a market cap of $8.03 billion, a P/E ratio of 47.15, a P/E/G ratio of 0.55 and a beta of 2.31.
BrightSpring Health Services (NASDAQ:BTSG - Get Free Report) last announced its quarterly earnings data on Friday, February 27th. The company reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.34 by ($0.01). BrightSpring Health Services had a net margin of 1.48% and a return on equity of 12.66%. The firm had revenue of $3.55 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same period in the prior year, the company posted $0.11 earnings per share. The firm's revenue for the quarter was up 29.3% on a year-over-year basis. As a group, research analysts predict that BrightSpring Health Services, Inc. will post 0.59 EPS for the current year.
Analysts Set New Price Targets
A number of equities analysts have issued reports on the stock. Mizuho raised their price target on shares of BrightSpring Health Services from $45.00 to $50.00 and gave the stock an "outperform" rating in a research report on Tuesday. TD Cowen reiterated a "buy" rating on shares of BrightSpring Health Services in a research note on Monday. Bank of America raised their target price on shares of BrightSpring Health Services from $38.00 to $41.00 and gave the stock a "buy" rating in a report on Tuesday, December 9th. Wall Street Zen lowered shares of BrightSpring Health Services from a "strong-buy" rating to a "buy" rating in a report on Saturday, November 15th. Finally, BTIG Research reaffirmed a "buy" rating and set a $55.00 price target on shares of BrightSpring Health Services in a research report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, BrightSpring Health Services has a consensus rating of "Buy" and a consensus target price of $44.08.
Read Our Latest Research Report on BrightSpring Health Services
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC acquired a new position in shares of BrightSpring Health Services in the first quarter worth about $276,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of BrightSpring Health Services by 5.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,429 shares of the company's stock valued at $587,000 after acquiring an additional 1,780 shares during the period. Millennium Management LLC grew its position in shares of BrightSpring Health Services by 0.3% during the 1st quarter. Millennium Management LLC now owns 577,885 shares of the company's stock valued at $10,454,000 after acquiring an additional 1,967 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of 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 in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in BrightSpring Health Services by 38.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,226 shares of the company's stock worth $477,000 after purchasing an additional 5,663 shares during the period.
Key Stories Impacting BrightSpring Health Services
Here are the key news stories impacting BrightSpring Health Services this week:
- Positive Sentiment: Zacks added BTSG to its Zacks Rank #1 (Strong Buy) growth list for March 6, highlighting it as a top growth pick. Best Growth Stocks to Buy for March 6th
- Positive Sentiment: Zacks similarly featured BTSG on its March 5 list of best growth / strong-buy stocks, reinforcing buy-side attention across consecutive days. Best Growth Stocks to Buy for March 5th
- Positive Sentiment: Zacks upgraded BTSG from Hold to Strong Buy and published follow-ups pointing to momentum and rising earnings estimate revisions—signals that analysts are lifting near‑term expectations. Zacks.com upgrade
- Positive Sentiment: Zacks published a piece noting surging earnings estimate revisions for BTSG, which is commonly bullish for the stock if revisions translate into higher forward EPS and investor expectations. Surging Earnings Estimates Signal Upside
- Positive Sentiment: Broker commentary (Mizuho) and media noted strong price-appreciation forecasts and heavy trading after the analyst upgrade, which can support further upside if momentum continues. Mizuho Forecasts Strong Price Appreciation Sees Strong Trading Volume After Analyst Upgrade
- Neutral Sentiment: Zacks published comparative coverage showing how BTSG stacks up vs. medical peers this year—useful context but not an immediate catalyst. Peer Performance
- Neutral Sentiment: Reported short-interest figures in the dataset show 0 shares and 0.0 days-to-cover (likely a data artifact). That suggests no clear short-position signal from the reported data and should be treated cautiously.
- Negative Sentiment: Fundamentals remain mixed: the company’s most recent quarterly report showed strong revenue growth but a small EPS miss and the stock trades at a elevated PE, which can make it vulnerable to short-term pullbacks despite positive analyst notes.
About BrightSpring Health Services
(
Get Free Report)
BrightSpring Health Services (NASDAQ: BTSG) is a leading provider of home and community-based care and workforce solutions aimed at seniors, individuals with disabilities and those facing behavioral health challenges. The company's operations encompass a broad spectrum of services, including personal care, skilled nursing, therapy, habilitation and supported living, as well as specialized behavioral health programs delivered through both clinical and non-clinical channels.
Through its network of subsidiary brands, BrightSpring offers integrated care in the patient's home environment, fostering independence and improving quality of life.
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