Bright Horizons Family Solutions Inc. (NYSE:BFAM) Given Average Recommendation of “Hold” by Analysts

Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) have received a consensus rating of “Hold” from the seven ratings firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $128.7143.

Several equities analysts have recently weighed in on BFAM shares. Morgan Stanley reduced their price objective on Bright Horizons Family Solutions from $104.00 to $96.00 and set an “underweight” rating on the stock in a research note on Friday, October 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, October 8th. The Goldman Sachs Group decreased their price objective on shares of Bright Horizons Family Solutions from $146.00 to $130.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Wall Street Zen raised shares of Bright Horizons Family Solutions from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, UBS Group lifted their target price on shares of Bright Horizons Family Solutions from $112.00 to $120.00 and gave the company a “neutral” rating in a report on Friday, October 31st.

Insider Activity at Bright Horizons Family Solutions

In other Bright Horizons Family Solutions news, COO Mary Lou Burke sold 1,000 shares of the business’s stock in a transaction dated 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 owned 26,449 shares in the company, valued at $2,870,245.48. The trade was a 3.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.21% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BFAM. LPL Financial LLC boosted its holdings in Bright Horizons Family Solutions by 16.8% in the first quarter. LPL Financial LLC now owns 46,787 shares of the company’s stock valued at $5,944,000 after purchasing an additional 6,719 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Bright Horizons Family Solutions by 11.0% in the first quarter. Royal Bank of Canada now owns 187,806 shares of the company’s stock worth $23,859,000 after buying an additional 18,630 shares during the last quarter. Natural Investments LLC increased its position in shares of Bright Horizons Family Solutions by 18.2% in the 1st quarter. Natural Investments LLC now owns 21,386 shares of the company’s stock worth $2,716,000 after purchasing an additional 3,290 shares during the last quarter. Northern Trust Corp increased its position in shares of Bright Horizons Family Solutions by 4.1% in the 1st quarter. Northern Trust Corp now owns 327,078 shares of the company’s stock worth $41,552,000 after purchasing an additional 13,008 shares during the last quarter. Finally, MetLife Investment Management LLC increased its holdings in Bright Horizons Family Solutions by 8,650.8% in the first quarter. MetLife Investment Management LLC now owns 121,811 shares of the company’s stock valued at $15,475,000 after buying an additional 120,419 shares during the last quarter.

Bright Horizons Family Solutions Trading Up 3.6%

BFAM stock opened at $101.08 on Monday. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.57. The company has a market cap of $5.72 billion, a price-to-earnings ratio of 33.14 and a beta of 1.36. The business has a fifty day simple moving average of $102.33 and a 200-day simple moving average of $114.04. Bright Horizons Family Solutions has a 52 week low of $91.49 and a 52 week high of $132.99.

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

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.