Leerink Partnrs Issues Pessimistic Outlook for BTSG Earnings

BrightSpring Health Services, Inc. (NASDAQ:BTSG) – Equities research analysts at Leerink Partnrs cut their Q1 2025 earnings per share (EPS) estimates for shares of BrightSpring Health Services in a report released on Tuesday, January 28th. Leerink Partnrs analyst W. Mayo now expects that the company will post earnings of $0.07 per share for the quarter, down from their previous forecast of $0.16. The consensus estimate for BrightSpring Health Services’ current full-year earnings is $0.59 per share. Leerink Partnrs also issued estimates for BrightSpring Health Services’ Q2 2025 earnings at $0.12 EPS, Q3 2025 earnings at $0.11 EPS, Q4 2025 earnings at $0.16 EPS, FY2025 earnings at $0.46 EPS, Q1 2026 earnings at $0.13 EPS, Q2 2026 earnings at $0.19 EPS, Q3 2026 earnings at $0.15 EPS, Q4 2026 earnings at $0.22 EPS, FY2026 earnings at $0.69 EPS, FY2027 earnings at $0.90 EPS and FY2028 earnings at $1.16 EPS.

BrightSpring Health Services (NASDAQ:BTSG) last released its quarterly earnings results on Friday, November 1st. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.07). BrightSpring Health Services had a positive return on equity of 4.16% and a negative net margin of 0.38%. The firm had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.72 billion. The firm’s revenue was up 28.8% on a year-over-year basis.

Several other brokerages also recently issued reports on BTSG. CJS Securities assumed coverage on BrightSpring Health Services in a research report on Thursday, December 12th. They set an “outperform” rating and a $27.00 price objective for the company. Mizuho upped their price objective 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. KeyCorp began coverage on BrightSpring Health Services in a research note on Friday, October 11th. They set a “sector weight” rating on the stock. Bank of America boosted their target price on shares of BrightSpring Health Services from $19.00 to $21.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Finally, UBS Group raised their price target on shares of BrightSpring Health Services from $22.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday. One equities research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $19.42.

BrightSpring Health Services Stock Up 4.5 %

Shares of NASDAQ BTSG opened at $23.75 on Thursday. 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’s 50-day moving average is $18.61 and its two-hundred day moving average is $15.82. BrightSpring Health Services has a 12-month low of $7.85 and a 12-month high of $23.83. The company has a market capitalization of $4.14 billion and a PE ratio of -91.35.

Institutional Trading of BrightSpring Health Services

Several institutional investors have recently made changes to their positions in BTSG. FMR LLC grew its position in BrightSpring Health Services by 17.2% during the third quarter. FMR LLC now owns 18,169,187 shares of the company’s stock valued at $266,724,000 after acquiring an additional 2,664,582 shares during the period. Geode Capital Management LLC lifted its stake in shares of BrightSpring Health Services by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,304,214 shares of the company’s stock valued at $19,150,000 after purchasing an additional 7,750 shares in the last quarter. State Street Corp grew its holdings in shares of BrightSpring Health Services by 7.4% during the 3rd quarter. State Street Corp now owns 1,239,628 shares of the company’s stock worth $18,198,000 after purchasing an additional 85,464 shares during the period. HBK Investments L P increased its position in BrightSpring Health Services by 7.1% during the 3rd quarter. HBK Investments L P now owns 750,000 shares of the company’s stock worth $11,010,000 after purchasing an additional 50,000 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in BrightSpring Health Services by 1.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 440,335 shares of the company’s stock worth $6,464,000 after purchasing an additional 6,326 shares in the last quarter.

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.