The stock of BrightSpring Health Services Inc (BTSG) has gone up by 20.89% for the week, with a 13.16% rise in the past month and a 31.30% rise in the past quarter. The volatility ratio for the week is 8.05%, and the volatility levels for the past 30 days are 5.78% for BTSG. The simple moving average for the past 20 days is 18.47% for BTSG’s stock, with a 50.32% simple moving average for the past 200 days.
Is It Worth Investing in BrightSpring Health Services Inc (NASDAQ: BTSG) Right Now?
Moreover, the 36-month beta value for BTSG is 1.44. Analysts have varying opinions on the stock, with 9 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for BTSG is 55.74M and currently, short sellers hold a 16.20% of that float. On January 22, 2025, BTSG’s average trading volume was 1.29M shares.
BTSG) stock’s latest price update
The stock of BrightSpring Health Services Inc (NASDAQ: BTSG) has increased by 12.61 when compared to last closing price of 18.55.Despite this, the company has seen a gain of 20.89% in its stock price over the last five trading days. benzinga.com reported 2025-01-21 that On Monday, BrightSpring Health Services Inc BTSG agreed to sell its Community Living business, ResCare Community Living, to Sevita for $835 million in cash.
Analysts’ Opinion of BTSG
BTIG Research gave a rating of “Buy” to BTSG, setting the target price at $15 in the report published on June 21st of the previous year.
BTSG Trading at 13.97% from the 50-Day Moving Average
After a stumble in the market that brought BTSG to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 3.16% of gains for the given period.
Volatility was left at 5.78%, however, over the last 30 days, the volatility rate increased by 8.05%, as shares surge +21.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.49% upper at present.
During the last 5 trading sessions, BTSG rose by +20.89%, which changed the moving average for the period of 200-days by +100.10% in comparison to the 20-day moving average, which settled at $17.63. In addition, BrightSpring Health Services Inc saw 22.67% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BTSG starting from Walgreens Boots Alliance, Inc., who sale 11,619,998 shares at the price of $11.13 back on Sep 11 ’24. After this action, Walgreens Boots Alliance, Inc. now owns 23,239,996 shares of BrightSpring Health Services Inc, valued at $129,330,578 using the latest closing price.
KKR Group Partnership L.P., the 10% Owner of BrightSpring Health Services Inc, purchase 11,619,998 shares at $11.13 during a trade that took place back on Sep 11 ’24, which means that KKR Group Partnership L.P. is holding 92,959,984 shares at $129,330,578 based on the most recent closing price.
Stock Fundamentals for BTSG
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.14 for the gross margin
The net margin for BrightSpring Health Services Inc stands at -0.0. The total capital return value is set at 0.07. Equity return is now at value -3.61, with -0.72 for asset returns.
Based on BrightSpring Health Services Inc (BTSG), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 1.83. The interest coverage ratio of the stock is 1.16.
Currently, EBITDA for the company is 349.52 million with net debt to EBITDA at 7.18. When we switch over and look at the enterprise to sales, we see a ratio of 0.62. The receivables turnover for the company is 9.2for trailing twelve months and the total asset turnover is 1.83. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.35.
Conclusion
To wrap up, the performance of BrightSpring Health Services Inc (BTSG) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
