While BrightSpring Health Services Inc has underperformed by -0.53%, investors are advised to look at stock chart patterns for technical insight.
On December 12, 2024, CJS Securities started tracking BrightSpring Health Services Inc (NASDAQ: BTSG) recommending Market Outperform. A report published by KeyBanc Capital Markets on October 11, 2024, Initiated its previous ‘Sector Weight’ rating for BTSG. BTIG Research also rated BTSG shares as ‘Buy’, setting a target price of $15 on the company’s shares in an initiating report dated June 21, 2024. HSBC Securities Initiated an Buy rating on March 06, 2024, and assigned a price target of $13. Deutsche Bank February 27, 2024d its ‘Hold’ rating to ‘Buy’ for BTSG, as published in its report on February 27, 2024. Wells Fargo’s report from February 20, 2024 suggests a price prediction of $15 for BTSG shares, giving the stock a ‘Overweight’ rating. UBS also rated the stock as ‘Buy’.
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
Sponsored
Analysis of BrightSpring Health Services Inc (BTSG)
Further, the quarter-over-quarter increase in sales is 28.82%, showing a positive trend in the upcoming months.
BrightSpring Health Services Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -3.61% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.97, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and BTSG has an average volume of 1.47M. On a monthly basis, the volatility of the stock is set at 4.12%, whereas on a weekly basis, it is put at 7.00%, with a loss of -5.02% over the past seven days. Furthermore, long-term investors anticipate a median target price of $22.00, showing growth from the present price of $17.04, which can serve as yet another indication of whether BTSG is worth investing in or should be passed over.
How Do You Analyze BrightSpring Health Services Inc Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 67.99%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 46.82% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
BTSG shares are owned by institutional investors to the tune of 46.82% at present.
