JPMorgan Chase & Co. Cuts Bright Horizons Family Solutions (NYSE:BFAM) Price Target to $105.00

Bright Horizons Family Solutions (NYSE:BFAM) had its price target lowered by JPMorgan Chase & Co. from $115.00 to $105.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Other analysts also recently issued research reports about the company. The Goldman Sachs Group reduced their price objective on Bright Horizons Family Solutions from $130.00 to $112.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Barclays reduced their price objective on Bright Horizons Family Solutions from $160.00 to $95.00 and set an “overweight” rating for the company in a research report on Tuesday, February 17th. UBS Group set a $93.00 price objective on Bright Horizons Family Solutions in a research report on Friday, February 13th. Robert W. Baird set a $100.00 price objective on Bright Horizons Family Solutions in a research report on Friday, February 13th. Finally, Morgan Stanley set a $70.00 price objective on Bright Horizons Family Solutions in a research report on Friday, February 13th. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Bright Horizons Family Solutions has a consensus rating of “Hold” and a consensus price target of $100.44.

Bright Horizons Family Solutions Price Performance

Shares of BFAM stock opened at $70.49 on Wednesday. The stock has a 50 day moving average of $79.47 and a two-hundred day moving average of $90.10. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.56. Bright Horizons Family Solutions has a 12 month low of $63.68 and a 12 month high of $132.99. The company has a market capitalization of $3.72 billion, a P/E ratio of 21.23, a P/E/G ratio of 1.17 and a beta of 1.28.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.03. Bright Horizons Family Solutions had a return on equity of 17.22% and a net margin of 6.35%.The company had revenue of $712.22 million during the quarter, compared to the consensus estimate of $713.35 million. During the same quarter last year, the company earned $0.77 EPS. The company’s quarterly revenue was up 7.0% on a year-over-year basis. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. As a group, equities analysts expect that Bright Horizons Family Solutions will post 4.66 EPS for the current year.

Institutional Investors Weigh In On Bright Horizons Family Solutions

Several large investors have recently made changes to their positions in BFAM. Fuller & Thaler Asset Management Inc. bought a new position in Bright Horizons Family Solutions during the 4th quarter valued at about $191,952,000. Norges Bank acquired a new position in Bright Horizons Family Solutions in the fourth quarter valued at about $74,317,000. Janus Henderson Group PLC boosted its position in Bright Horizons Family Solutions by 2,536.7% in the fourth quarter. Janus Henderson Group PLC now owns 656,173 shares of the company’s stock valued at $66,535,000 after buying an additional 631,287 shares in the last quarter. AQR Capital Management LLC boosted its position in Bright Horizons Family Solutions by 64.4% in the fourth quarter. AQR Capital Management LLC now owns 1,579,757 shares of the company’s stock valued at $160,124,000 after buying an additional 619,067 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in Bright Horizons Family Solutions by 23.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,026,442 shares of the company’s stock valued at $306,881,000 after buying an additional 582,976 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.