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

BrightSpring Health Services (NASDAQ:BTSG) is projected to announce its earnings results before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $3.02 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

BrightSpring Health Services Stock Down 1.9 %

Shares of NASDAQ:BTSG opened at $18.15 on Wednesday. The company has a market capitalization of $3.16 billion and a price-to-earnings ratio of -69.81. 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 business’s 50-day moving average is $20.01 and its 200-day moving average is $17.40. BrightSpring Health Services has a 1 year low of $7.85 and a 1 year high of $24.82.

Analyst Upgrades and Downgrades

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

BrightSpring Health Services Company Profile

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.