BrightSpring Health Divests Community Living Business

BrightSpring Health Services, Inc. ( (BTSG) ) has provided an update.

On January 17, 2025, BrightSpring Health Services, Inc. announced the divestiture of its Community Living business for $835 million, marking a strategic shift to focus on its core services. This divestiture is expected to enhance BrightSpring’s operational efficiencies and strategic focus, allowing the company to better serve its target growth markets in home health, rehab, primary care, and hospice. The financial results of the Community Living business have been classified as discontinued operations, reflecting this major change in the company’s business strategy.

The most recent analyst rating on (BTSG) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on BrightSpring Health Services, Inc. stock, see the BTSG Stock Forecast page.

Spark’s Take on BTSG Stock

According to Spark, TipRanks’ AI Analyst, BTSG is a Neutral.

BrightSpring Health Services scores well due to strong financial growth and positive technical indicators. A promising earnings call and strategic CFO appointment further enhance the outlook. However, high valuation metrics and profitability pressures weigh down the score.

To see Spark’s full report on BTSG stock, click here.

More about BrightSpring Health Services, Inc.

BrightSpring Health Services, Inc. is a leading provider of home and community-based healthcare services in the United States, focusing on delivering pharmacy and provider services to complex patients. The company operates through two main segments: Pharmacy Solutions and Provider Services, catering primarily to Medicare, Medicaid, and commercially-insured populations. BrightSpring serves over 440,000 patients daily across all 50 states, with a significant emphasis on Senior and Specialty patients.

Average Trading Volume: 1,861,720

Technical Sentiment Signal: Buy

Current Market Cap: $4.2B

Find detailed analytics on BTSG stock on TipRanks’ Stock Analysis page.