Leerink Partnrs Issues Negative Outlook for BTSG Earnings

BrightSpring Health Services, Inc. (NASDAQ:BTSG) – Equities researchers at Leerink Partnrs decreased their Q1 2025 earnings estimates for shares of BrightSpring Health Services in a research report issued to clients and investors on Tuesday, January 28th. Leerink Partnrs analyst W. Mayo now forecasts that the company will post earnings per share of $0.07 for the quarter, down from their prior 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 announced its 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). The company had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.72 billion. BrightSpring Health Services had a positive return on equity of 4.16% and a negative net margin of 0.38%. The firm’s quarterly revenue was up 28.8% on a year-over-year basis.

A number of other analysts also recently weighed in on BTSG. Mizuho increased their target price on shares of 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 initiated coverage on shares of BrightSpring Health Services in a research note on Friday, October 11th. They set a “sector weight” rating for the company. CJS Securities started coverage on shares of BrightSpring Health Services in a research report on Thursday, December 12th. They set an “outperform” rating and a $27.00 price target on the stock. Bank of America lifted their price objective on BrightSpring Health Services from $19.00 to $21.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th. Finally, Wells Fargo & Company increased their price target on BrightSpring Health Services from $17.00 to $21.00 and gave the stock an “overweight” rating in a report on Wednesday, November 27th. One research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $19.42.

BrightSpring Health Services Price Performance

Shares of BTSG opened at $24.24 on Thursday. The business has a 50-day moving average of $18.72 and a 200-day moving average of $15.87. 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 company has a market capitalization of $4.22 billion and a price-to-earnings ratio of -93.23. BrightSpring Health Services has a 1 year low of $7.85 and a 1 year high of $24.82.

Hedge Funds Weigh In On BrightSpring Health Services

A number of hedge funds and other institutional investors have recently modified their holdings of the business. American Century Companies Inc. bought a new position in shares of BrightSpring Health Services during the 2nd quarter valued at approximately $216,000. Renaissance Technologies LLC raised its stake in shares of BrightSpring Health Services by 12.3% in the second quarter. Renaissance Technologies LLC now owns 175,500 shares of the company’s stock valued at $1,994,000 after buying an additional 19,200 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of BrightSpring Health Services by 10.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 117,026 shares of the company’s stock valued at $1,329,000 after buying an additional 10,854 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of BrightSpring Health Services during the 3rd quarter worth $360,000. Finally, nVerses Capital LLC increased its holdings in BrightSpring Health Services by 195.8% in the 3rd quarter. nVerses Capital LLC now owns 14,200 shares of the company’s stock worth $208,000 after acquiring an additional 9,400 shares during 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.