Bright Horizons Family Solutions Inc (NYSE:BFAM) EVP Stephen I. Dreier sold 2,798 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of $97.00, for a total transaction of $271,406.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Bright Horizons Family Solutions Inc (NYSE BFAM) traded up $1.33 on Friday, hitting $97.51. 165,154 shares of the company were exchanged, compared to its average volume of 184,208. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.49 and a current ratio of 0.49. The stock has a market capitalization of $5,780.00, a P/E ratio of 48.03, a price-to-earnings-growth ratio of 1.67 and a beta of 0.13. Bright Horizons Family Solutions Inc has a one year low of $65.00 and a one year high of $98.16.
Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings data on Wednesday, November 1st. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.05. The company had revenue of $433.30 million for the quarter, compared to the consensus estimate of $429.36 million. Bright Horizons Family Solutions had a net margin of 7.22% and a return on equity of 19.72%. The firm’s revenue was up 12.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.49 earnings per share. research analysts predict that Bright Horizons Family Solutions Inc will post 2.5 EPS for the current fiscal year.
A number of analysts have recently commented on BFAM shares. Citigroup lifted their price target on shares of Bright Horizons Family Solutions from $92.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday, November 3rd. BidaskClub lowered shares of Bright Horizons Family Solutions from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 10th. Zacks Investment Research upgraded shares of Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $100.00 price target for the company in a research note on Tuesday, November 7th. Royal Bank of Canada reiterated a “buy” rating and issued a $89.00 price target on shares of Bright Horizons Family Solutions in a research note on Wednesday, December 20th. Finally, Barclays reiterated a “buy” rating and issued a $105.00 price target on shares of Bright Horizons Family Solutions in a research note on Wednesday, December 27th. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $98.25.
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Bright Horizons Family Solutions Company Profile
Bright Horizons Family Solutions Inc is a provider of child care, early education and other services. The Company provides services under multi-year contracts with employers offering child care and other dependent care solutions as part of their employee benefits packages. Its segments include full service center-based care services, back-up dependent care services and other educational advisory services.
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