Analysts Set Bright Horizons Family Solutions Inc. (NYSE:BFAM) PT at $128.71

Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) have been assigned a consensus recommendation of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $128.7143.

BFAM has been the topic of several recent analyst reports. Wall Street Zen upgraded Bright Horizons Family Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Bright Horizons Family Solutions in a research report on Monday. UBS Group boosted their price target on shares of Bright Horizons Family Solutions from $112.00 to $120.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. Morgan Stanley reduced their price objective on shares of Bright Horizons Family Solutions from $104.00 to $96.00 and set an “underweight” rating for the company in a research report on Friday, October 24th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $124.00 price objective on shares of Bright Horizons Family Solutions in a research note on Friday, October 31st.

Bright Horizons Family Solutions Price Performance

Shares of NYSE:BFAM opened at $102.53 on Monday. 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 $132.99. The firm has a market cap of $5.80 billion, a PE ratio of 33.62 and a beta of 1.36. The firm’s fifty day moving average is $101.82 and its 200-day moving average is $113.66.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its earnings results on Thursday, October 30th. The company reported $1.57 earnings per share (EPS) 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 15.12% and a net margin of 6.34%.Bright Horizons Family Solutions’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period last year, the company earned $1.11 EPS. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.480-4.530 EPS. Sell-side analysts predict that Bright Horizons Family Solutions will post 3.61 earnings per share for the current year.

Insiders Place Their Bets

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

Hedge Funds Weigh In On Bright Horizons Family Solutions

A number of large investors have recently added to or reduced their stakes in the business. Financial Consulate Inc. purchased a new stake in Bright Horizons Family Solutions during the third quarter valued at about $26,000. TruNorth Capital Management LLC purchased a new stake in Bright Horizons Family Solutions during the 3rd quarter valued at about $28,000. Twin Tree Management LP purchased a new stake in Bright Horizons Family Solutions during the 1st quarter valued at about $29,000. Rothschild Investment LLC grew its position in Bright Horizons Family Solutions by 6,700.0% during the 3rd quarter. Rothschild Investment LLC now owns 340 shares of the company’s stock worth $37,000 after acquiring an additional 335 shares during the last quarter. Finally, SJS Investment Consulting Inc. increased its stake in Bright Horizons Family Solutions by 9,075.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 367 shares of the company’s stock worth $40,000 after purchasing an additional 363 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.