Currently, there are 175.18M common shares owned by the public and among those 67.80M shares have been available to trade.
The company’s stock has a 5-day price change of 24.53% and -7.11% over the past three months. BTSG shares are trading 28.19% year to date (YTD), with the 12-month market performance up to 97.38% higher. It has a 12-month low price of $10.15 and touched a high of $24.82 over the same period. BTSG has an average intraday trading volume of 1.52 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 23.97%, 22.30%, and 29.14% respectively.
Institutional ownership of BrightSpring Health Services Inc (NASDAQ: BTSG) shares accounts for 46.23% of the company’s 175.18M shares outstanding.
It has a market capitalization of $3.80B and a beta (3y monthly) value of 2.13. The stock’s trailing 12-month PE ratio is 77.58, while the earnings-per-share (ttm) stands at $0.28. The company has a PEG of 2.90 and a Quick Ratio of 1.37 with the debt-to-equity ratio at 1.61. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.04% over the week and 6.00% over the month.
Earnings per share for the fiscal year are expected to increase by 39.88%, and 21.73% over the next financial year. EPS should shrink at an annualized rate of 26.74% over the next five years, compared to 60.10% over the past 5-year period.
BTIG Research was of a view on June 21, 2024 that the stock is Buy, while HSBC Securities gave the stock Buy rating on March 06, 2024, issuing a price target of $13. Deutsche Bank on their part issued Buy rating on February 27, 2024.
