Bright Horizons Family Solutions Inc. (NYSE:BFAM) receives consensus recommendation of “Hold” from analysts

Bright Horizons Family Solutions Inc. (NYSE:BFAM – Get Free Report) has received a consensus recommendation of ‘Hold’ from the eight research firms currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The average one-year price target among brokerages that have issued ratings on the stock in the last year is $102.38.

A number of brokers have recently expressed their opinions on BFAM. BMO Capital Markets lifted their price objective on shares of Bright Horizons Family Solutions from $90.00 to $92.00 and gave the company a “market perform” rating in a research report on Thursday, February 15. StockNews.com downgraded Bright Horizons Family Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday, February 21st. UBS Group lowered their price target on Bright Horizons Family Solutions from $103.00 to $102.00 and set a “neutral” rating for the stock in a report on Wednesday, February 14. Robert W. Baird raised his price target on Bright Horizons Family Solutions from $94.00 to $105.00 and gave the company a “neutral” rating in a research note on Thursday, February 15. Finally, The Goldman Sachs Group raised their price objective on shares of Bright Horizons Family Solutions from $108.00 to $123.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10.

Check out our latest research report on Bright Horizons Family Solutions

Bright Horizons Family Solutions Stock Performance

Shares of BFAM opened at $106.68 on Friday. Bright Horizons Family Solutions has a 12-month low of $71.65 and a 12-month high of $119.21. The company’s fifty day simple moving average is $111.31 and its two hundred day simple moving average is $97.84. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.78. The company has a market cap of $6.18 billion, a price-to-earnings ratio of 84.00, a price-to-earnings ratio of 4.09, and a beta of 1.37.

Bright Horizons Family Solutions (NYSE:BFAM – Get Free Report) last released its quarterly earnings data on Tuesday, February 13. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.12. The company had revenue of $615.65 million during the quarter, compared to the consensus estimate of $588.63 million. Bright Horizons Family Solutions had a return on equity of 12.24% and a net margin of 3.07%. Research analysts expect Bright Horizons Family Solutions to post 2.69 earnings per share for the current fiscal year.

Insider activity at Bright Horizons Family Solutions

In related news, CFO Elizabeth J. Boland sold 15,640 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The stock sold at an average price of $113.77, for a total value of $1,779,362.80. Following the transaction, the chief financial officer now directly owns 89,983 shares of the company’s stock, valued at approximately $10,237,365.91. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, COO Mary Lou Burke sold 1,500 shares of the stock in a transaction dated Wednesday, February 14th. The shares sold at an average price of $105.00, for a total value of $157,500.00. Following the completion of the transaction, the Chief Operating Officer now owns 37,253 shares of the company’s stock, valued at approximately $3,911,565. The sale was disclosed in a legal filing with the SEC, which can be accessed via this hyperlink. Also, CFO Elizabeth J. Boland sold 15,640 shares of Bright Horizons Family Solutions stock in a transaction dated Wednesday, February 28. The stock sold at an average price of $113.77, for a total value of $1,779,362.80. Following the completion of the transaction, the chief financial officer now owns 89,983 shares of the company’s stock, valued at approximately $10,237,365.91. The explanation of this sale can be found here. In the last quarter, insiders sold 17,740 shares of the company’s stock worth $1,996,191. 1.28% of the shares are owned by business insiders.

Institutional investors contribute ideas about Bright Horizons Family Solutions

Institutional investors have recently changed their stock holdings. Riverview Trust Co bought a new stake in Bright Horizons Family Solutions worth $25,000 during the first quarter. Principal Securities Inc. bought a new stake in shares of Bright Horizons Family Solutions worth $38,000 in the fourth quarter. YHB Investment Advisors Inc. bought a new stake in shares of Bright Horizons Family Solutions worth $40,000 in the first quarter. Signaturefd LLC increased its holdings in shares of Bright Horizons Family Solutions by 102.2% during the 3rd quarter. Signaturefd LLC now owns 653 shares of the company’s stock worth $53,000 after purchasing an additional 330 shares during the period. Finally, Eagle Bay Advisors LLC increased its holdings in shares of Bright Horizons Family Solutions by 120.2% during the fourth quarter. Eagle Bay Advisors LLC now owns 1,240 shares of the company’s stock worth $117,000 after purchasing an additional 677 shares during the period.

Bright Horizons Family Solutions Company Profile

(Get a free report

Bright Horizons Family Solutions Inc provides early childhood education and care, backup care, educational consulting 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, backup care, and educational consulting and other services.

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