On Friday, BrightSpring Health Services Inc (NASDAQ: BTSG) was 15.23% up from the session before settling in for the closing price of $14.97. A 52-week range for BTSG has been $7.85 – $16.49.
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Annual sales at Healthcare sector company grew by 30.27% over the past five years. When this article was written, the company’s average yearly earnings per share was at 144.45%. With a float of $53.08 million, this company’s outstanding shares have now reached $171.19 million.
Let’s look at the performance matrix of the company that is accounted for 600 employees. In terms of profitability, gross margin is 14.5%, operating margin of 2.82%, and the pretax margin is -0.7%.
BrightSpring Health Services Inc (BTSG) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward BrightSpring Health Services Inc stocks. The insider ownership of BrightSpring Health Services Inc is 69.06%, while institutional ownership is 46.67%. 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
According to the Wall Street analysts, stocks earnings will be around 144.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% during the next five years compared to 10.47% growth over the previous five years of trading.
BrightSpring Health Services Inc (NASDAQ: BTSG) Trading Performance Indicators
You can see what BrightSpring Health Services Inc (BTSG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.24, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 0.71 in one year’s time.
Technical Analysis of BrightSpring Health Services Inc (BTSG)
BrightSpring Health Services Inc (NASDAQ: BTSG) saw its 5-day average volume 2.35 million, a positive change from its year-to-date volume of 1.5 million. As of the previous 9 days, the stock’s Stochastic %D was 38.79%. Additionally, its Average True Range was 0.68.
During the past 100 days, BrightSpring Health Services Inc’s (BTSG) raw stochastic average was set at 96.08%, which indicates a significant increase from 89.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.54% in the past 14 days, which was higher than the 40.05% volatility it showed in the past 100 days.
Nevertheless, the first resistance level for the watch stands at $17.94 in the near term. At $18.62, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.71. If the price goes on to break the first support level at $16.17, it is likely to go to the next support level at $15.08. The third support level lies at $14.40 if the price breaches the second support level.
BrightSpring Health Services Inc (NASDAQ: BTSG) Key Stats
There are 171,458K outstanding shares of the company, which has a market capitalization of 3.41 billion. As of now, sales total 8,826 M while income totals -154,600 K. Its latest quarter income was 2,730 M while its last quarter net income were 19,920 K.
