BrightSpring Health Services (BTSG) Projected to Post Earnings on Thursday

BrightSpring Health Services (NASDAQ:BTSG) is expected to be posting its quarterly earnings results before the market opens on Thursday, March 6th. Analysts expect BrightSpring Health Services to post earnings of $0.24 per share and revenue of $3.02 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

BrightSpring Health Services Stock Down 1.2 %

BTSG stock opened at $19.25 on Thursday. BrightSpring Health Services has a twelve month low of $7.85 and a twelve month high of $24.82. The company has a quick ratio of 0.97, a current ratio of 1.35 and a debt-to-equity ratio of 1.63. The stock has a market cap of $3.35 billion and a P/E ratio of -74.04. The business’s 50-day moving average price is $19.90 and its 200-day moving average price is $17.21.

Analyst Ratings Changes

Several analysts have recently issued reports on BTSG shares. UBS Group upped their price objective on BrightSpring Health Services from $22.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, January 29th. Morgan Stanley upped their price objective on BrightSpring Health Services from $19.00 to $20.00 and gave the stock an “overweight” rating in a report on Tuesday, December 17th. Mizuho increased their price target on BrightSpring Health Services from $17.00 to $20.00 and gave the company an “outperform” rating in a report on Monday, November 4th. CJS Securities began coverage on BrightSpring Health Services in a report on Thursday, December 12th. They set an “outperform” rating and a $27.00 price target on the stock. Finally, Wells Fargo & Company increased their target price on BrightSpring Health Services from $17.00 to $21.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 27th. One research analyst has rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $19.95.

BrightSpring Health Services Company Profile

BrightSpring Health Services, Inc operates a home and community-based healthcare services platform in the United States. The company's platform focuses on delivering pharmacy and provider services, including clinical and supportive care in home and community settings to Medicare, Medicaid, and insured populations.