BrightSpring Health ServicesBTSG
BTSG
About: BrightSpring Health Services Inc is a home and community-based healthcare services platform, focused on delivering complementary pharmacy and provider services to complex patients. Its platform delivers clinical services and pharmacy solutions across Medicare, Medicaid, and commercially insured populations. Its segments include Pharmacy Solutions, Provider Service. and others. It generates the majority of its revenue from the Pharmacy Solutions segment.
Employees: 35,000
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
260,033% more call options, than puts
Call options by funds: $7.8M | Put options by funds: $3K
80% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 30
55% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 20
19% more capital invested
Capital invested by funds: $2.83B [Q3] → $3.35B (+$524M) [Q4]
5% more funds holding
Funds holding: 128 [Q3] → 135 (+7) [Q4]
0.75% more ownership
Funds ownership: 112.33% [Q3] → 113.08% (+0.75%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 5 (+0) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$20
3%
upside
Avg. target
$24
22%
upside
High target
$30
54%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
UBS A.J. Rice 31% 1-year accuracy 5 / 16 met price target | 54%upside $30 | Buy Maintained | 29 Jan 2025 |
Morgan Stanley Erin Wright 50% 1-year accuracy 14 / 28 met price target | 3%upside $20 | Overweight Maintained | 17 Dec 2024 |
CJS Securities Larry Solow 100% 1-year accuracy 1 / 1 met price target | 39%upside $27 | Market Outperform Initiated | 12 Dec 2024 |
B of A Securities Joanna Gajuk 67% 1-year accuracy 6 / 9 met price target | 8%upside $21 | Buy Maintained | 11 Dec 2024 |
Wells Fargo Stephen Baxter 24% 1-year accuracy 9 / 38 met price target | 8%upside $21 | Overweight Maintained | 27 Nov 2024 |
Financial journalist opinion
Positive
MarketBeat
3 weeks ago
3 Stocks to Gain From Trump's Family Caregiver Tax Credits
President Trump has endorsed the passage of a tax credit for family caregivers. The tax credit would be given to caregivers who take care of a parent, family member, or a loved one.
Positive
Zacks Investment Research
1 month ago
BrightSpring Health Services, Inc. (BTSG) Soars 12.6%: Is Further Upside Left in the Stock?
BrightSpring Health Services, Inc. (BTSG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Positive
Benzinga
1 month ago
BrightSpring Health Divests Community Living Business For $850 Million To Focus On Core Activities
On Monday, BrightSpring Health Services Inc BTSG agreed to sell its Community Living business, ResCare Community Living, to Sevita for $835 million in cash.
Neutral
GlobeNewsWire
1 month ago
BrightSpring Health Services, Inc. Enters into Definitive Agreement to Divest Community Living Business to Sevita; Reports Preliminary 2024 Financial Results and Provides 2025 Guidance Excluding Community Living
LOUISVILLE, Ky., Jan. 20, 2025 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG), a leading provider of home and community-based pharmacy and health services for complex populations, today announced it has entered into a definitive agreement to divest its Community Living business, namely ResCare Community Living, to Sevita, a leading provider of home and community-based specialty health care, for $835 million in cash consideration, subject to customary adjustments. The transaction is expected to close in 2025, pursuant to regulatory approvals and typical closing conditions.
Positive
Invezz
1 month ago
Goldman Sachs recommends investing in these two sectors as the global population ages
Recent data from the United Nations suggests the world will have 1.6 billion people over the age of 65 in 2050. In comparison, the number stands at 800 million only at writing.
Positive
Zacks Investment Research
1 month ago
3 Medical Services Stocks to Buy to Counter Labor Shortage Woes
The Zacks Medical - Services industry is growing on nursing care market growth and digital healthcare adoption. DOCS, BTSG and EMBC are set to gain the most.
Positive
Zacks Investment Research
1 month ago
What Makes BrightSpring Health Services, Inc. (BTSG) a New Strong Buy Stock
BrightSpring Health Services, Inc. (BTSG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Neutral
GlobeNewsWire
2 months ago
BrightSpring Health Services, Inc. Announced Refinancing of Term Loan B
LOUISVILLE, Ky., Dec. 11, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, completed the successful refinancing of all of its $2.55 billion Term Loan B facility due February 2031, through its subsidiary Phoenix Guarantor Inc. BrightSpring incurred no additional indebtedness as a result of the transaction.
Neutral
GlobeNewsWire
2 months ago
BrightSpring Health Services Announces Onco360® Has Been Selected as a Partner for Several New Drugs
LOUISVILLE, Ky., Nov. 26, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services (“BrightSpring” or “BrightSpring Health Services”) (NASDAQ: BTSG) is proud of its specialty pharmacy partner, Onco360®, for being selected as the national pharmacy partner for multiple medications approved to treat advanced cancers and blood disease.
Neutral
GlobeNewsWire
3 months ago
BrightSpring Health Services, Inc. to Participate in Two Upcoming Investor Conferences
LOUISVILLE, Ky., Nov. 21, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG) announced today that Company management will participate at two upcoming virtual investor conferences.
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