Ready to Jump After Recent Trade: BrightSpring Health Services Inc (BTSG)

With 0.66 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.46 million shares. During the session, the Health Information Services company that operates in wider Healthcare sector, reached to the highest price of $19.02 whereas the lowest price it dropped to was $18.287. The 52-week range on BTSG shows that it touched its highest point at $20.25 and its lowest point at $7.85 during that stretch. It currently has a 1-year price target of $20.64.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BTSG was down-trending over the past week, with a drop of -4.55%, but this was up by 15.91% over a month. Three-month performance surged to 52.74% while six-month performance rose 67.26%. A look at the trailing 12-month EPS for BTSG yields -0.24 with Next year EPS estimates of 0.72. For the next quarter, that number is 0.20. This implies an EPS growth rate of 144.73% for this year and 22.07% for next year. EPS is expected to grow by 6.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 10.47%.

Float and Shares Shorts:

At present, 171.19 million BTSG shares are outstanding with a float of 53.90 million shares on hand for trading. On 2024-10-31, short shares totaled 6.21 million, which was 357.0 higher than short shares on 1727654400. In addition to Mr. Jon B. Rousseau as the firm’s Chairman, President & CEO, Mr. Jim Mattingly Jr. serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 1.00673 of BTSG’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, BTSG reported revenue of $2906823000.0 and operating income of $56840000.0. The EBITDA in the recently reported quarter was $107448000.0 and diluted EPS was -$0.04.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BTSG since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BTSG analysts setting a high price target of 23.0 and a low target of 17.0, the average target price over the next 12 months is 20.63636. Based on these targets, BTSG could surge 23.32% to reach the target high and fall by -8.85% to reach the target low. Reaching the average price target will result in a growth of 10.65% from current levels.

Analysts have provided yearly estimates in a range of $0.80451 being high and $0.42708 being low. For BTSG, this leads to a yearly average estimate of $0.586. The surprise factor in the prior quarter was $0.13. Based on analyst estimates, the high estimate for the next quarter is $0.17 and the low estimate is $0.1. The average estimate for the next quarter is thus $0.14.