BrightSpring Health Services Inc [NASDAQ: BTSG] stock went on a downward path that fall over -5.97% on Wednesday, amounting to a one-week price decrease of less than -5.20%.
The one-year BrightSpring Health Services Inc stock forecast points to a potential upside of 14.51. The average equity rating for BTSG stock is currently 1.17, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $2.57 billion, with 171.19 million shares outstanding and 53.05 million shares in the current float. Compared to the average trading volume of 1.25M shares, BTSG stock reached a trading volume of 3744152 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on BrightSpring Health Services Inc [BTSG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BTSG shares is $17.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BTSG stock is a recommendation set at 1.17. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
KeyBanc Capital Markets have made an estimate for BrightSpring Health Services Inc shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on October 11, 2024. While these analysts kept the previous recommendation, BTIG Research raised their target price to Buy. The new note on the price target was released on June 21, 2024, representing the official price target for BrightSpring Health Services Inc stock. Previously, the target price had yet another raise to $13, while HSBC Securities analysts kept a Buy rating on BTSG stock.
The Average True Range (ATR) for BrightSpring Health Services Inc is set at 0.54, with the Price to Sales ratio for BTSG stock in the period of the last 12 months amounting to 0.26. The Price to Book ratio for the last quarter was 1.60, with the Price to Cash per share for the same quarter was set at 0.15.
BTSG Stock Performance Analysis:
BrightSpring Health Services Inc [BTSG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.20. With this latest performance, BTSG shares gained by 1.22% in over the last four-week period, additionally plugging by 40.34% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BTSG stock in for the last two-week period is set at 46.31, with the RSI for the last a single of trading hit 38.39, and the three-weeks RSI is set at 51.42 for BrightSpring Health Services Inc [BTSG]. The present Moving Average for the last 50 days of trading for this stock 14.42, while it was recorded at 15.54 for the last single week of trading.
Insight into BrightSpring Health Services Inc Fundamentals:
BrightSpring Health Services Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.33.
BTSG Stock EPS
With the latest financial reports released by the company, BrightSpring Health Services Inc posted 0.14/share EPS, while the average EPS was predicted by analysts to be reported at 0.09/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.05. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BTSG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for BrightSpring Health Services Inc go to 6.00%.
