BrightSpring Health Services Inc (NASDAQ: BTSG) kicked off on Tuesday, up 0.68% from the previous trading day, before settling in for the closing price of $14.68. Over the past 52 weeks, BTSG has traded in a range of $7.85-$15.47.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Healthcare sector has jumped its sales by 30.27% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 142.56%. With a float of $53.05 million, this company’s outstanding shares have now reached $171.19 million.
In an organization with 600 employees, it is important to assess its efficiency.
BrightSpring Health Services Inc (BTSG) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Health Information Services Industry. The insider ownership of BrightSpring Health Services Inc is 69.06%, while institutional ownership is 46.53%. The most recent insider transaction that took place on Sep 11 ’24, was worth 129,330,578. In this transaction 10% Owner of this company sold 11,619,998 shares at a rate of $11.13, taking the stock ownership to the 23,239,996 shares. Before that another transaction happened on Sep 11 ’24, when Company’s 10% Owner bought 11,619,998 for $11.13, making the entire transaction worth $129,330,578. This insider now owns 92,959,984 shares in total.
BrightSpring Health Services Inc (BTSG) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.14 earnings per share (EPS), higher than consensus estimate (set at 0.09) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 142.56% per share during the next fiscal year.
BrightSpring Health Services Inc (NASDAQ: BTSG) Trading Performance Indicators
Take a look at BrightSpring Health Services Inc’s (BTSG) current performance indicators. Last quarter, stock had a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.95, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.74 in one year’s time.
Technical Analysis of BrightSpring Health Services Inc (BTSG)
Let’s dig in a bit further. During the last 5-days, its volume was 1.37 million. That was inferior than the volume of 1.5 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 38.55%. Additionally, its Average True Range was 0.50.
During the past 100 days, BrightSpring Health Services Inc’s (BTSG) raw stochastic average was set at 87.03%, which indicates a significant increase from 66.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.42% in the past 14 days, which was lower than the 33.76% volatility it showed in the past 100 days.
However, in the short run, BrightSpring Health Services Inc’s stock first resistance to watch stands at $14.99. Second resistance stands at $15.19. The third major resistance level sits at $15.49. If the price goes on to break the first support level at $14.49, it is likely to go to the next support level at $14.19. The third support level lies at $13.99 if the price breaches the second support level.
BrightSpring Health Services Inc (NASDAQ: BTSG) Key Stats
The company with the Market Capitalisation of 2.53 billion has total of 171,320K Shares Outstanding. Its annual sales at the moment are 8,826 M in contrast with the sum of -154,600 K annual income. Company’s last quarter sales were recorded 2,730 M and last quarter income was 19,920 K.
