BrightSpring Health Services (BTSG) to Release Quarterly Earnings on Thursday

BrightSpring Health Services (NASDAQ:BTSG) is anticipated to release its earnings data 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. Persons that wish to register for the company’s earnings conference call can do so using this link.

BrightSpring Health Services Price Performance

BrightSpring Health Services stock opened at $18.51 on Tuesday. BrightSpring Health Services has a one year low of $7.85 and a one year high of $24.82. The business has a fifty day moving average price of $19.98 and a 200-day moving average price of $17.36. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.35 and a quick ratio of 0.97. The firm has a market capitalization of $3.22 billion and a P/E ratio of -71.19.

Analyst Ratings Changes

A number of research firms have recently commented on BTSG. Wells Fargo & Company raised their price target on BrightSpring Health Services from $17.00 to $21.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. Morgan Stanley raised their price target on BrightSpring Health Services from $19.00 to $20.00 and gave the stock an “overweight” rating in a report on Tuesday, December 17th. CJS Securities started coverage on BrightSpring Health Services in a report on Thursday, December 12th. They issued an “outperform” rating and a $27.00 price target for the company. Bank of America increased their price objective on BrightSpring Health Services from $19.00 to $21.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Finally, UBS Group increased their price objective on BrightSpring Health Services from $22.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, January 29th. One equities research analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, BrightSpring Health Services has a consensus rating of “Moderate Buy” and an average price target of $20.80.

About BrightSpring Health Services

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.