Bright Horizons Family Solutions Inc. (NYSE:BFAM) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) have earned an average recommendation of “Moderate Buy” from the nine research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $128.7143.

Several research firms have weighed in on BFAM. JPMorgan Chase & Co. boosted their price target on Bright Horizons Family Solutions from $156.00 to $160.00 and gave the stock an “overweight” rating in a research report on Friday. UBS Group boosted their price target on Bright Horizons Family Solutions from $112.00 to $120.00 and gave the stock a “neutral” rating in a research report on Friday. Morgan Stanley lowered their price target on Bright Horizons Family Solutions from $104.00 to $96.00 and set an “underweight” rating on the stock in a research report on Friday, October 24th. The Goldman Sachs Group decreased their target price on Bright Horizons Family Solutions from $146.00 to $130.00 and set a “buy” rating on the stock in a report on Friday. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Bright Horizons Family Solutions in a report on Wednesday, October 8th.

Bright Horizons Family Solutions Trading Down 5.1%

NYSE BFAM opened at $103.69 on Thursday. The stock has a market capitalization of $5.90 billion, a price-to-earnings ratio of 34.00 and a beta of 1.33. The stock’s 50 day moving average price is $107.05 and its two-hundred day moving average price is $116.22. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.56 and a current ratio of 0.56. Bright Horizons Family Solutions has a 52 week low of $91.49 and a 52 week high of $135.77.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings results on Thursday, October 30th. The company reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.25. The firm had revenue of $802.81 million for the quarter, compared to analyst estimates of $781.16 million. Bright Horizons Family Solutions had a return on equity of 15.12% and a net margin of 6.34%.The business’s quarterly revenue was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.11 EPS. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.480-4.530 EPS. As a group, analysts anticipate that Bright Horizons Family Solutions will post 3.61 earnings per share for the current fiscal year.

Insider Buying and Selling at Bright Horizons Family Solutions

In related news, COO Mary Lou Burke sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $108.52, for a total transaction of $108,520.00. Following the transaction, the chief operating officer directly owned 26,449 shares of the company’s stock, valued at approximately $2,870,245.48. The trade was a 3.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.21% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. AlphaQuest LLC increased its holdings in shares of Bright Horizons Family Solutions by 46.3% during the 3rd quarter. AlphaQuest LLC now owns 8,445 shares of the company’s stock worth $917,000 after acquiring an additional 2,674 shares during the last quarter. Arizona State Retirement System boosted its stake in Bright Horizons Family Solutions by 1.2% in the 3rd quarter. Arizona State Retirement System now owns 16,941 shares of the company’s stock valued at $1,839,000 after purchasing an additional 204 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in Bright Horizons Family Solutions in the 3rd quarter valued at $2,768,000. Teacher Retirement System of Texas boosted its stake in Bright Horizons Family Solutions by 2.6% in the 3rd quarter. Teacher Retirement System of Texas now owns 23,040 shares of the company’s stock valued at $2,501,000 after purchasing an additional 593 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in Bright Horizons Family Solutions by 24.5% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 56,252 shares of the company’s stock valued at $6,107,000 after purchasing an additional 11,085 shares during the period.

About Bright Horizons Family Solutions

Bright Horizons Family Solutions Inc provides early education and childcare, back-up care, educational advisory, and other workplace solutions services for employers and families in the United States, Puerto Rico, the United Kingdom, the Netherlands, Australia, and India. The company operates in three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory and Other Services.