Bright Horizons Family Solutions Inc. (NYSE:BFAM) Receives Consensus Rating of “Hold” from Analysts

Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) have been given a consensus rating of “Hold” by the eight research firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $128.2857.

BFAM has been the topic of a number of analyst reports. BMO Capital Markets reissued an “outperform” rating and issued a $124.00 price target on shares of Bright Horizons Family Solutions in a research note on Friday, October 31st. Zacks Research cut shares of Bright Horizons Family Solutions from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. JPMorgan Chase & Co. lifted their target price on shares of Bright Horizons Family Solutions from $156.00 to $160.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Weiss Ratings restated a “hold (c)” rating on shares of Bright Horizons Family Solutions in a report on Monday, December 29th. Finally, Morgan Stanley decreased their price objective on shares of Bright Horizons Family Solutions from $99.00 to $93.00 and set an “underweight” rating for the company in a research note on Wednesday, December 17th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BFAM. NewEdge Advisors LLC lifted its holdings in shares of Bright Horizons Family Solutions by 24.1% in the 1st quarter. NewEdge Advisors LLC now owns 6,750 shares of the company’s stock worth $858,000 after purchasing an additional 1,312 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Bright Horizons Family Solutions by 149.1% during the first quarter. Goldman Sachs Group Inc. now owns 614,293 shares of the company’s stock worth $78,040,000 after buying an additional 367,711 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Bright Horizons Family Solutions by 12.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 195,119 shares of the company’s stock valued at $24,788,000 after buying an additional 20,859 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of Bright Horizons Family Solutions by 646.2% in the first quarter. Jane Street Group LLC now owns 59,643 shares of the company’s stock valued at $7,577,000 after buying an additional 51,650 shares in the last quarter. Finally, Focus Partners Wealth grew its holdings in shares of Bright Horizons Family Solutions by 70.5% during the first quarter. Focus Partners Wealth now owns 4,516 shares of the company’s stock valued at $574,000 after buying an additional 1,868 shares during the last quarter.

Bright Horizons Family Solutions Price Performance

NYSE BFAM opened at $101.77 on Tuesday. Bright Horizons Family Solutions has a 1 year low of $91.49 and a 1 year high of $132.99. The business’s fifty day moving average is $101.20 and its two-hundred day moving average is $108.25. The stock has a market capitalization of $5.75 billion, a P/E ratio of 29.24, a P/E/G ratio of 1.25 and a beta of 1.41. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.54 and a current ratio of 0.54.

Bright Horizons Family Solutions (NYSE:BFAM) last released its quarterly earnings data 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 business had revenue of $802.81 million during the quarter, compared to analyst estimates of $781.16 million. Bright Horizons Family Solutions had a return on equity of 17.07% and a net margin of 6.98%.The company’s revenue was up 11.6% compared to the same quarter last year. During the same period last year, the company posted $1.11 EPS. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.480-4.530 EPS. On average, research analysts forecast that Bright Horizons Family Solutions will post 3.61 earnings per share for the current fiscal year.

About Bright Horizons Family Solutions

Bright Horizons Family Solutions, Inc (NYSE: BFAM) is a leading provider of employer-sponsored child care and early education services, offering a range of solutions designed to support working families and organizations. Through a network of on-site, near-site and center-based programs, the company partners with corporate and nonprofit clients to deliver infant, toddler, preschool and school-age care. Services emphasize age-appropriate curriculum, developmental milestones and community engagement to ensure high-quality learning experiences.