Is BrightSpring Health Services Inc (BTSG) Stock a good investment?

HSBC Securities raised the price target for the BrightSpring Health Services Inc (NASDAQ:BTSG) stock to “a Buy”. The rating was released on March 06, 2024, according to finviz. The research report from Wells Fargo has initiated the stock to Overweight, with a price target set at $15. The stock was initiated by UBS, who disclosed in a research note on February 20, 2024, to Buy and set the price objective to $15. In their research brief published February 20, 2024, Morgan Stanley analysts initiated the BrightSpring Health Services Inc stock to Overweight with a price target of $18.

Historical Earnings Surprises and Revenue Forecasts

Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of $0.14 during the last quarter as opposed to a consensus estimate of $0.09, which indicates the company beat its estimate by $0.05, which implies that the company surprised the market by 55.60%. It appears that the average earnings per share estimate for the current quarter (ending in Mar 2024) is $0.07. This is an average of 8 analysts’ earnings, where the high earnings per share estimate is $0.2 and the low earnings per share estimate is $0. According to 9 analyst estimates, an average revenue estimate of $2.31B is projected for the current quarter with a high revenue estimate of $2.33B and a low estimate of $2.3B.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The latest trade, Performances and Moving Averages give us the following Picture

The firm’s stock price fluctuated 14.36% within the last five trades and 22.25% within the last 30 trades, which was a significant change from the beginning of this year. BTSG stock is trading at a margin of 18.86%, 9.92% and 9.92% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

As of the close of trading, BTSG deals in the Healthcare domain. The stock is trading -9.47 percent below its 52-week high and 40.00 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is null. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does BrightSpring Health Services Inc’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at 3.91 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $1.88 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 14.57. The firm managed a Price-to-Book ratio of 3.22, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

ROUSSEAU JON B, the at BrightSpring Health Services Inc (BTSG) has bought 18,400 shares of firm on Mar 15 ’24 at a price of $8.09 against the total amount of $0.15 million. In another inside trade, ROUSSEAU JON B, of BrightSpring Health Services Inc (NASDAQ:BTSG) bought 18,400 shares of the firm on Mar 15 ’24 for a total worth of $0.15 million at a price of $8.09. An inside trade which took place on Mar 15 ’24, of BrightSpring Health Services Inc Mattingly James F Jr bought 6,080 shares of firm against total price of $50221.0 at the cost of $8.26 per share.

Most Popular

Related Posts