Brokerages Set Bright Horizons Family Solutions Inc. (NYSE:BFAM) PT at $128.29

Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) have received an average recommendation of “Hold” from the eight brokerages that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $128.2857.

A number of research analysts recently weighed in on the stock. BMO Capital Markets restated an “outperform” rating and issued a $124.00 price objective on shares of Bright Horizons Family Solutions in a report on Friday, October 31st. Zacks Research cut shares of Bright Horizons Family Solutions from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Morgan Stanley cut their price objective on Bright Horizons Family Solutions from $99.00 to $93.00 and set an “underweight” rating on the stock in a research report on Wednesday, December 17th. The Goldman Sachs Group reduced their price objective on Bright Horizons Family Solutions from $146.00 to $130.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Finally, Robert W. Baird set a $136.00 target price on Bright Horizons Family Solutions in a research note on Friday, October 31st.

Bright Horizons Family Solutions Price Performance

BFAM stock opened at $97.00 on Tuesday. The business’s fifty day moving average price is $101.04 and its 200 day moving average price is $107.94. Bright Horizons Family Solutions has a 12-month low of $91.49 and a 12-month high of $132.99. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $5.49 billion, a PE ratio of 27.87, a P/E/G ratio of 1.18 and a beta of 1.41.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its earnings results on Thursday, October 30th. The company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.25. The company had revenue of $802.81 million during the quarter, compared to analysts’ expectations of $781.16 million. Bright Horizons Family Solutions had a return on equity of 17.07% and a net margin of 6.98%.Bright Horizons Family Solutions’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period last year, the business posted $1.11 EPS. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.480-4.530 EPS. On average, sell-side analysts anticipate that Bright Horizons Family Solutions will post 3.61 EPS for the current year.

Institutional Trading of Bright Horizons Family Solutions

Several hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its holdings in Bright Horizons Family Solutions by 24.1% during the 1st quarter. NewEdge Advisors LLC now owns 6,750 shares of the company’s stock worth $858,000 after acquiring an additional 1,312 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of 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 purchasing an additional 367,711 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Bright Horizons Family Solutions by 12.0% during 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 worth $24,788,000 after purchasing an additional 20,859 shares in the last quarter. Jane Street Group LLC increased its holdings in 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 during the last quarter. Finally, Focus Partners Wealth raised its stake in Bright Horizons Family Solutions by 70.5% in 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 in the last quarter.

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.