BrightSpring Health Services Inc [NASDAQ: BTSG] loss -6.31% on the last trading session, reaching $17.23 price per share at the time.
If compared to the average trading volume of 1.51M shares, BTSG reached a trading volume of 3827753 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 0.94, with the Price to Sales ratio for BTSG stock in the period of the last 12 months amounting to 0.27. The Price to Book ratio for the last quarter was 1.82, with the Price to Cash per share for the same quarter was set at 0.35.
Trading performance analysis for BTSG stock
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 -10.40. With this latest performance, BTSG shares dropped by -26.68% in over the last four-week period, additionally plugging by 37.62% over the last 6 months – not to mention a rise of 83.30% 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 26.18, with the RSI for the last a single of trading hit 17.26, and the three-weeks RSI is set at 33.40 for BrightSpring Health Services Inc [BTSG]. The present Moving Average for the last 50 days of trading for this stock 19.93, while it was recorded at 18.31 for the last single week of trading, and 15.53 for the last 200 days.
BrightSpring Health Services Inc [BTSG]: A deeper dive into fundamental analysis
BrightSpring Health Services Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.88 and a Current Ratio set at 1.33.
BrightSpring Health Services Inc [BTSG]: An earnings per share (EPS) analysis
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 17.13%.
An analysis of Institutional ownership at BrightSpring Health Services Inc [BTSG]
The top three institutional holders of BTSG stocks are: KOHLBERG KRAVIS ROBERTS & CO. L.P. with ownership of 81.34 million shares, which is approximately 47.4571%. WALGREENS BOOTS ALLIANCE, INC., holding 34.86 million shares of the stock with an approximate value of $$396.01 billion in BTSG stocks shares; and WALGREENS BOOTS ALLIANCE, INC., currently with $$93.29 million in BTSG stock with ownership which is approximately 4.7913%.
