In the last trading session, 1.2 million BrightSpring Health Services Inc (NASDAQ:BTSG) shares changed hands as the company’s beta touched 2.28. With the company’s per share price at $17.72 changed hands at $0.27 or 1.55% during last session, the market valuation stood at $3.10B. BTSG’s last price was a discount, traded about -40.07% off its 52-week high of $24.82. The share price had its 52-week low at $8.60, which suggests the last value was 51.47% up since then. When we look at BrightSpring Health Services Inc’s average trading volume, we note the 10-day average is 1.96 million shares, with the 3-month average coming to 1.50 million.
Analysts gave the BrightSpring Health Services Inc (BTSG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.17. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended BTSG as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. BrightSpring Health Services Inc’s EPS for the current quarter is expected to be 0.09.
BrightSpring Health Services Inc (NASDAQ:BTSG) trade information
Instantly BTSG was in green as seen at the end of in last trading. With action 5.54%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 4.05%, with the 5-day performance at 5.54% in the green. However, in the 30-day time frame, BrightSpring Health Services Inc (NASDAQ:BTSG) is -19.64% down. Looking at the short shares, we see there were 9.55 million shares sold at short interest cover period of 6.92 days.
BrightSpring Health Services Inc (BTSG) estimates and forecasts
Year-over-year growth is forecast to reach 6.23% up from the last financial year.
Consensus estimates given by 11 financial analysts project the company’s revenue in the current quarter to hit an average of 2.74B. 11 analysts are of the opinion that BrightSpring Health Services Inc’s revenue for the current quarter will be 2.9B. The company’s revenue for the corresponding quarters a year ago was 2.58B and 2.73B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 6.47%. The estimates for the next quarter sales put growth at 6.33%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 60.10%. The 2025 estimates are for BrightSpring Health Services Inc earnings to increase by 11.51%, but the outlook for the next 5-year period is at 22.12% per year.
BTSG Dividends
BrightSpring Health Services Inc is expected to release its next quarterly earnings report on 2025-Mar-05.
BrightSpring Health Services Inc (NASDAQ:BTSG)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 13.89% of BrightSpring Health Services Inc shares while 99.90% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 116.01%. There are 99.90% institutions holding the BrightSpring Health Services Inc stock share, with KOHLBERG KRAVIS ROBERTS & CO. L.P. the top institutional holder. As of 2024-06-30, the company held 47.4571% of the shares, roughly 81.34 million BTSG shares worth $924.02 million.
WALGREENS BOOTS ALLIANCE, INC. holds the second largest percentage of outstanding shares, with 20.3387% or 34.86 million shares worth $396.01 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Fidelity Small Cap Growth Fund and Fidelity Small Cap Value Fund . With 3.85 shares estimated at $68.15 million under it, the former controlled 2.20% of total outstanding shares. On the other hand, Fidelity Small Cap Value Fund held about 1.99% of the shares, roughly 3.47 shares worth around $61.56 million.
