Stocks of BrightSpring Health Services Inc (NASDAQ:BTSG) traded higher last session on Wall Street, down -2.26% to $22.52.
BTSG stock price is now 25.20% away from the 50-day moving average and 32.36% away from the 200-day moving average. The market capitalization of the company currently stands at $3.92B.
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, while ‘BTIG Research’ rates the stock as ‘Buy’
In other news, Walgreens Boots Alliance, Inc., Former 10% owner sold 12,000,000 shares of the company’s stock on Feb 18 ’25. The stock was sold for $253,920,000 at an average price of $21.16. Upon completion of the transaction, the Former 10% owner now directly owns 11,239,996 shares in the company, valued at $253.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 18 ’25, 10% Owner Walgreen Co. bought 12,000,000 shares of the business’s stock. A total of $265,800,000 was incurred on buying the stock at an average price of $22.15. A total of 61.30% of the company’s stock is owned by insiders.
During the past 12 months, BrightSpring Health Services Inc has had a low of $10.15 and a high of $24.82. As of last week, the company has a debt-to-equity ratio of 1.61, a current ratio of 1.73, and a quick ratio of 1.37.
The net profit margin was 0.49% and return on equity was 2.30% for BTSG. The company reported revenue of $2.88 billion for the quarter, compared to $2.29 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 25.92 percent. For the current quarter, analysts expect BTSG to generate $2.97B in revenue.
