BrightSpring Health Services, Inc. (BTSG)

NASDAQ: BTSG · Real-Time Price · USD
18.79
+0.14 (0.75%)
At close: Nov 20, 2024, 4:00 PM
19.69
+0.90 (4.79%)
Pre-market: Nov 21, 2024, 4:18 AM EST
0.75%
Market Cap 3.27B
Revenue (ttm) 10.59B
Net Income (ttm) -40.60M
Shares Out 174.13M
EPS (ttm) -0.24
PE Ratio n/a
Forward PE 26.93
Dividend n/a
Ex-Dividend Date n/a
Volume 958,943
Open 18.66
Previous Close 18.65
Day's Range 18.41 - 18.84
52-Week Range 7.85 - 20.25
Beta n/a
Analysts Strong Buy
Price Target 16.86 (-10.27%)
Earnings Date Nov 1, 2024

About BTSG

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. It serves patients through clinical providers and pharmacists. The company was formerly known as Phoenix Parent Holdings Inc. and changed its name to BrightSpring Health Services, Inc. in May 2021. BrightSpring Health Services, Inc. ... [Read more]

Sector Healthcare
IPO Date Jan 26, 2024
Employees 35,000
Stock Exchange NASDAQ
Ticker Symbol BTSG
Full Company Profile

Financial Performance

In 2023, BTSG's revenue was $8.83 billion, an increase of 14.32% compared to the previous year's $7.72 billion. Losses were -$154.60 million, 186.8% more than in 2022.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for BTSG stock is "Strong Buy." The 12-month stock price forecast is $16.86, which is a decrease of -10.27% from the latest price.

Price Target
$16.86
(-10.27% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

BrightSpring Health Services Announces CareMed Was Selected as a National Specialty Pharmacy Partner for Leqembi®

LOUISVILLE, Ky., Nov. 06, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services (“BrightSpring” or “BrightSpring Health Services”) (NASDAQ: BTSG) is proud that CareMed, a BrightSpring company and lead...

14 days ago - GlobeNewsWire

BrightSpring Health Services, Inc. (BTSG) Q3 2024 Earnings Call Transcript

BrightSpring Health Services, Inc. (NASDAQ:BTSG) Q3 2024 Earnings Conference Call November 1, 2024 8:30 AM ET Company Participants Jennifer Phipps - Chief Accounting Officer Jon Rousseau - President ...

19 days ago - Seeking Alpha

BrightSpring Health Services, Inc. Reports Third Quarter 2024 Financial Results and Increases Full Year 2024 Guidance

LOUISVILLE, Ky., Nov. 01, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services f...

19 days ago - GlobeNewsWire

Global IPO Activity Picking Up But Continues To Lag Other Post-COVID Years

Global IPO activity is recovering but remains below recent years, with 326 IPOs in Q3 2024 totaling $23.32 billion, the lowest since Q1 2019. US IPO activity has increased steadily, with 36 IPOs in Q3...

5 weeks ago - Seeking Alpha

FMR LLC's Strategic Acquisition in BrightSpring Health Services Inc

On September 30, 2024, FMR LLC (Trades, Portfolio) made a significant addition to its investment portfolio by acquiring 18,498,153 shares of BrightSpring Health Services Inc (BTSG, Financial). This tr...

6 weeks ago - GuruFocus

BrightSpring Health Services, Inc. to Announce Third Quarter 2024 Financial Results on November 1, 2024

LOUISVILLE, Ky., Oct. 01, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG) announced today that it plans to release its third quarter 2024 f...

7 weeks ago - GlobeNewsWire

BrightSpring Health Services, Inc. Welcomes Dr. Steve Miller to Board of Directors

LOUISVILLE, Ky., Sept. 30, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services (“BrightSpring” or “the Company”) (NASDAQ: BTSG), a leading provider of home- and community-based health services for c...

7 weeks ago - GlobeNewsWire

KKR to Purchase of 11,619,998 Shares of BrightSpring Health Services Common Stock from Walgreens Boots Alliance

LOUISVILLE, Ky., Sept. 13, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services (“BrightSpring” or the “Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for co...

2 months ago - GlobeNewsWire

HAVEN HOSPICE ACQUIRED BY BRIGHTSPRING HEALTH SERVICES

PITTSBURGH , Sept. 12, 2024 /PRNewswire/ -- North Central Florida Hospice, Inc. and Haven Medical Group, LLC (collectively "Haven Hospice"), a Florida-based company for comprehensive hospice care serv...

2 months ago - PRNewsWire

BrightSpring Health Services Announces Definitive Agreement to Acquire Haven Hospice, Expanding Hospice Services into Florida

LOUISVILLE, Ky., Sept. 03, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services (“BrightSpring” or “the Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for co...

2 months ago - GlobeNewsWire

BrightSpring Health Services: Evaluating The Investment Case Seven Months Post-IPO

BrightSpring Health Services stock has underperformed since its IPO. The company aims to address important pain points in healthcare, such as reducing costs and providing seamless patient experiences....

2 months ago - Seeking Alpha

BrightSpring Health Services, Inc. to Participate in the Morgan Stanley 22nd Annual Global Healthcare Conference

LOUISVILLE, Ky., Aug. 22, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG) announced today that the Company will participate in the Morgan S...

3 months ago - GlobeNewsWire

BrightSpring Health Services, Inc. (BTSG) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK, NY / ACCESSWIRE / August 21, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of BrightSpring Health Services, Inc. ("BrightSpring" or "the...

3 months ago - Accesswire

Investors With Losses In Brightspring Health Services Inc Urged To Participate In Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of BrightSpring He...

3 months ago - Accesswire

Brightspring Health Services Inc Stakeholders Invited To Join Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of BrightSpring He...

3 months ago - Accesswire

Brightspring Health Services Inc Investors Encouraged To Partake In Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of BrightSpring He...

3 months ago - Accesswire

Brightspring Health Services Inc Stakeholders Invited To Join In Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of BrightSpring He...

3 months ago - Accesswire

Investors Urged To Participate The Brightspring Health Services Inc Fraud Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of BrightSpring He...

3 months ago - Accesswire

Brightspring Health Services Inc Investors Urged To Join Fraud Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of BrightSpring He...

3 months ago - Accesswire

Brightspring Health Services Inc Investors Encouraged To Participate In Fraud Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 14, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of BrightSpring He...

3 months ago - Accesswire

Investors Urged To Join The Brightspring Health Services Inc Fraud Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of BrightSpring He...

3 months ago - Accesswire

BTSG Investors Encouraged to Participate in Brightspring Health Services Inc Fraud Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 9, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of BrightSpring Hea...

3 months ago - Accesswire

BTSG Investors Can Join Brightspring Health Services Inc Fraud Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 8, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of BrightSpring Hea...

3 months ago - Accesswire

BTSG Investors Have Opportunity To Join Brightspring Health Services Inc Fraud Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of BrightSpring Hea...

3 months ago - Accesswire

BTSG Investors Have Opportunity to Join BrightSpring Health Services, Inc. Fraud Investigation with the Schall Law Firm

LOS ANGELES--(BUSINESS WIRE)--BTSG Investors Have Opportunity to Join BrightSpring Health Services, Inc. Fraud Investigation with the Schall Law Firm.

3 months ago - Business Wire