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

BrightSpring Health Services (NASDAQ:BTSG) is expected 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 interested in listening to the company’s conference call can do so using this link.

BrightSpring Health Services Stock Performance

Shares of BrightSpring Health Services stock opened at $18.51 on Tuesday. The company has a market cap of $3.22 billion and a PE ratio of -71.19. BrightSpring Health Services has a 52 week low of $7.85 and a 52 week high of $24.82. The business has a 50 day moving average price of $19.98 and a 200-day moving average price of $17.36. The company has a quick ratio of 0.97, a current ratio of 1.35 and a debt-to-equity ratio of 1.63.

Wall Street Analyst Weigh In

A number of brokerages recently commented on BTSG. Mizuho increased their price target on BrightSpring Health Services from $17.00 to $20.00 and gave the company an “outperform” rating in a research report on Monday, November 4th. Morgan Stanley increased their price target on BrightSpring Health Services from $19.00 to $20.00 and gave the company an “overweight” rating in a research report on Tuesday, December 17th. UBS Group increased their price target on BrightSpring Health Services from $22.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, January 29th. Bank of America increased their price target on BrightSpring Health Services from $19.00 to $21.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Finally, CJS Securities began coverage on BrightSpring Health Services in a research report on Thursday, December 12th. They set an “outperform” rating and a $27.00 price target for the company. One research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, BrightSpring Health Services has an average rating of “Moderate Buy” and an average target price 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.