BrightSpring Health Services Inc (NASDAQ: BTSG) is 28.19% higher on its value in year-to-date trading and has touched a low of $10.15 and a high of $24.82 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BTSG stock was last observed hovering at around $21.15 in the last trading session, with the day’s gains setting it 0.68%.
Currently trading at $21.83, the stock is 23.97% and 22.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.77 million and changing 3.22% at the moment leaves the stock 29.14% off its SMA200. BTSG registered 97.38% gain for a year compared to 6-month gain of 45.82%.
The stock witnessed a 27.29% loss in the last 1 month and extending the period to 3 months gives it a -7.11%, and is 24.53% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.04% over the week and 6.00% over the month.
BrightSpring Health Services Inc (BTSG) has around 600 employees, a market worth around $3.80B and $11.57B in sales. Current P/E ratio is 77.58 and Fwd P/E is 22.89. Profit margin for the company is 0.49%. Distance from 52-week low is 115.07% and -12.05% from its 52-week high. The company has generated returns on investments over the last 12 months (1.33%).
The EPS is expected to grow by 39.88% this year.
BrightSpring Health Services Inc (BTSG) Top Institutional Holders
The shares outstanding are 175.18M, and float is at 67.80M with Short Float at 13.04%.
The top institutional shareholder in the company is KOHLBERG KRAVIS ROBERTS & CO. L.P. with over 81.34 million shares valued at $924.02 million. The investor’s holdings represent 47.4571% of the BTSG Shares outstanding. As of 2024-06-30, the second largest holder is WALGREENS BOOTS ALLIANCE, INC. with 34.86 million shares valued at $396.01 billion to account for 20.3387 of the shares outstanding. The other top investors are FMR LLC which holds 15.5 million shares representing 9.046% and valued at over $176.13 million, while 8 KNOTS MANAGEMENT, LLC holds 4.7913 of the shares totaling 8.21 million with a market value of $93.29 million.
BrightSpring Health Services Inc (BTSG) Insider Activity
The most recent transaction is an insider sale by Walgreens Boots Alliance, Inc., the company’s Former 10% owner. SEC filings show that Walgreens Boots Alliance, Inc. sold 12,000,000 shares of the company’s common stock on Feb 18 ’25 at a price of $21.16 per share for a total of $253.92 million. Following the sale, the insider now owns 11.24 million shares.
Still, SEC filings show that on Sep 11 ’24, Walgreens Boots Alliance, Inc. (10% Owner) disposed off 11,619,998 shares at an average price of $11.13 for $129.33 million. The insider now directly holds 23,239,996 shares of BrightSpring Health Services Inc (BTSG).
