BrightSpring Health Services
BTSG

$12.33

1.99%

Market Cap: 2.11B

About: BrightSpring Health Services Inc is a home and community-based healthcare services platform, focused on delivering complementary pharmacy and provider services to complex patients. Its platform delivers clinical services and pharmacy solutions across Medicare, Medicaid, and commercially insured populations. Its segments include Pharmacy Solutions, Provider Service. and others. It generates the majority of its revenue from the Pharmacy Solutions segment.

Employees: 35,000

Healthcare Home Health Care Services

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 12 analysts

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

203,076,596,100% more capital invested

Capital invested by funds: $0 [Q4 2023] → $2.03B (+$2.03B) [Q1 2024]

8,500% more funds holding

Funds holding: 0 [Q4 2023] → 85 (+85) [Q1 2024]

8,500% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 0

300% more funds holding in top 10

Funds holding in top 10: 0 [Q4 2023] → 3 (+3) [Q1 2024]

109.1% more ownership

Funds ownership: 0% [Q4 2023] → 109.1% (+109.1%) [Q1 2024]

46% less call options, than puts

Call options by funds: $28K | Put options by funds: $52K

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Research analyst outlook

12 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$11.50

7%

downside

Avg. target

$16.63

35%

upside

High target

$26

111%

upside

12 analyst ratings

11 positive

92%

1 neutral

8%

0 negative

0%

BTIG David Larsen	22%upside $15	Buy Initiated	21 Jun 2024
Wells Fargo Stephen Baxter	30%upside $16	Overweight Maintained	6 May 2024
HSBC Sidharth Sahoo	5%upside $13	Buy Initiated	6 Mar 2024
Goldman Sachs Jamie Perse	87%upside $23	Buy Maintained	4 Mar 2024
Deutsche Bank Pito Chickering	7%downside $11.5	Hold Initiated	20 Feb 2024

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Financial journalist opinion

BrightSpring Health Services Earns Multiple Accreditations Across the Country for Quality Care

LOUISVILLE, Ky., July 08, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, today announced multiple of its service lines across the country have earned accreditations for its personalized, quality care that has significantly improved health outcomes for patients.

BrightSpring Health Services Earns Multiple Accreditations Across the Country for Quality Care

BrightSpring Health Services, Inc. to Announce Second Quarter 2024 Financial Results on August 2, 2024

LOUISVILLE, Ky., July 02, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG) announced today that it plans to release its second quarter 2024 financial results on Friday, August 2, 2024, prior to the Company's earnings conference call, which will be held at 8:30 a.m. ET on the same day.

BrightSpring Health Services, Inc. to Announce Second Quarter 2024 Financial Results on August 2, 2024

BrightSpring Health Services Announces Definitive Agreement to Acquire Haven, Expanding Its Hospice Services into the CON State of Florida

LOUISVILLE, Ky., June 24, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services (“BrightSpring” or “the Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, today announced a definitive agreement to acquire the assets of North Central Florida Hospice, Inc. and Haven Medical Group, LLC (collectively “Haven Hospice”), a Florida-based company holding a Certificate of Need (CON) for comprehensive hospice care services in 18 counties in north central Florida.

BrightSpring Health Services Announces Definitive Agreement to Acquire Haven, Expanding Its Hospice Services into the CON State of Florida

BrightSpring Awards Brighter Futures Scholarship and Hospice Nursing Scholarship to Help Five Louisville Students Pursue Healthcare Careers

LOUISVILLE, Ky., June 06, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, ("BrightSpring” or “BrightSpring Health Services“) (NASDAQ: BTSG), a leading provider of home and community-based health services for complex health populations, is proud to continue to support high-potential and under-reached students by facilitating their ongoing academic advancement through the annual BrightSpring Brighter Futures Scholarship and BrightSpring Hospice Nursing Scholarship.

BrightSpring Awards Brighter Futures Scholarship and Hospice Nursing Scholarship to Help Five Louisville Students Pursue Healthcare Careers

BrightSpring Completes $100 Million of Equity Grants to 20,000 Employees

LOUISVILLE, Ky., June 03, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG) today announced its $100 million equity grant as disclosed at the initial public offering (IPO), has now been awarded to approximately 20,000 of its full-time and tenured employees who were awarded with employee-specific shares. The Company first announced this broad-based employee grant on January 26 as part of its IPO, with these to-be-granted shares included in the Company's share count at the time.

BrightSpring Completes $100 Million of Equity Grants to 20,000 Employees

BrightSpring Health Services, Inc. to Participate in Three Upcoming Investor Conferences

LOUISVILLE, Ky., May 22, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG) announced today that Company management will participate at three upcoming investor conferences.

BrightSpring Health Services, Inc. to Participate in Three Upcoming Investor Conferences

BrightSpring Health Services Announces Recently Closed Acquisitions in Multiple Markets

LOUISVILLE, Ky, May 22, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services (“BrightSpring” or “the Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, today announced several recent tuck-in and strategic acquisitions as part of its historical and ongoing strategy to drive geographic penetration and expansion, integrated care, and Company growth.

BrightSpring Health Services Announces Recently Closed Acquisitions in Multiple Markets

BrightSpring Health Services Announces Onco360® Was Selected as National Pharmacy Partner for OJEMDA™

LOUISVILLE, Ky., May 20, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services (“BrightSpring” or “BrightSpring Health Services”) (NASDAQ: BTSG) is proud that its company, Onco360®, one of the nation's largest independent oncology pharmacies, is being selected as a pharmacy partner by Day One Biopharmaceuticals for OJEMDA™, a cutting-edge treatment for children diagnosed with certain central nervous system tumors.

BrightSpring Health Services Announces Onco360® Was Selected as National Pharmacy Partner for OJEMDA™

Zacks Investment Research

Wall Street Analysts Think BrightSpring Health Services, Inc. (BTSG) Could Surge 38.15%: Read This Before Placing a Bet

The consensus price target hints at a 38.2% upside potential for BrightSpring Health Services, Inc. (BTSG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think BrightSpring Health Services, Inc. (BTSG) Could Surge 38.15%: Read This Before Placing a Bet

BrightSpring Health Services, Inc. (BTSG) Q1 2024 Earnings Call Transcript

BrightSpring Health Services, Inc. (NASDAQ:BTSG ) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Jennifer Phipps - Chief Accounting Officer Jon Rousseau - President and CEO Jim Mattingly - CFO Conference Call Participants Jamie Perse - Goldman Sachs Brian Tanquilut - Jefferies Linda Bolduc - Morgan Stanley Whit Mayo - Leerink Partners Unidentified Analyst - Bank of America Ann Hynes - Mizuho Securities Jack Wallace - Guggenheim Securities Kieran Ryan - Deutsche Bank Operator Good day, and thank you for standing by. Welcome to the BrightSpring Health Services First Quarter 2024 Earnings Call.

BrightSpring Health Services, Inc. (BTSG) Q1 2024 Earnings Call Transcript

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