BrightSpring Health Services Inc [NASDAQ: BTSG] closed the trading session at $20.90.
The stocks have a year to date performance of 22.72 percent and weekly performance of -4.87 percent. The stock has been moved at 74.02 percent over the last six months. The stock has performed 12.67 percent around the most recent 30 days and changed 8.91 percent over the most recent 3-months.
If compared to the average trading volume of 1.37M shares, BTSG reached to a volume of 5217189 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about 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 $24.68 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.
CJS Securities have made an estimate for BrightSpring Health Services Inc shares, keeping their opinion on the stock as Market Outperform, with their previous recommendation back on December 12, 2024. While these analysts kept the previous recommendation, KeyBanc Capital Markets raised their target price to Sector Weight. The new note on the price target was released on October 11, 2024, representing the official price target for BrightSpring Health Services Inc stock. Previously, the target price had yet another raise to $15, while BTIG Research analysts kept a Buy rating on BTSG stock.
The Average True Range (ATR) for BrightSpring Health Services Inc is set at 0.95, with the Price to Sales ratio for BTSG stock in the period of the last 12 months amounting to 0.34. The Price to Book ratio for the last quarter was 2.25, with the Price to Cash per share for the same quarter was set at 0.21.
BTSG stock trade performance evaluation
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 -4.87. With this latest performance, BTSG shares gained by 12.67% in over the last four-week period, additionally plugging by 74.02% over the last 6 months – not to mention a rise of 96.06% in the past year of trading.
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 45.84, with the RSI for the last a single of trading hit 36.78, and the three-weeks RSI is set at 50.53 for BrightSpring Health Services Inc [BTSG]. The present Moving Average for the last 50 days of trading for this stock 19.74, while it was recorded at 21.77 for the last single week of trading, and 15.11 for the last 200 days.
BrightSpring Health Services Inc [BTSG]: An insightful look at the core fundamentals
BrightSpring Health Services Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.97 and a Current Ratio set at 1.35.
