Bright Horizons Family Solutions (NYSE: BFAM) has recently received a number of price target changes and ratings updates:

  • 10/3/2017 – Bright Horizons Family Solutions was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Bright Horizons Family Solutions Inc. is engaged in providing employer-sponsored child care, early education and work/life solutions. Its employer-sponsored child care programs include child care and early education centers, infant/toddler/preschool care and education, full and part-time child care, kindergarten, school-age programs, summer camps and back-up care. Bright Horizons manages child care centers for corporations, hospitals, universities and government agencies The Company operates primarily in North America, Europe and India. Bright Horizons Family Solutions Inc. is based in Watertown, Massachusetts. “
  • 10/2/2017 – Bright Horizons Family Solutions had its price target raised by analysts at Barclays PLC from $80.00 to $90.00. They now have an “overweight” rating on the stock.
  • 9/28/2017 – Bright Horizons Family Solutions was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 9/15/2017 – Bright Horizons Family Solutions was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $91.00 price target on the stock. According to Zacks, “Bright Horizons Family Solutions Inc. is engaged in providing employer-sponsored child care, early education and work/life solutions. Its employer-sponsored child care programs include child care and early education centers, infant/toddler/preschool care and education, full and part-time child care, kindergarten, school-age programs, summer camps and back-up care. Bright Horizons manages child care centers for corporations, hospitals, universities and government agencies The Company operates primarily in North America, Europe and India. Bright Horizons Family Solutions Inc. is based in Watertown, Massachusetts. “
  • 9/14/2017 – Bright Horizons Family Solutions was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Bright Horizons Family Solutions Inc. is engaged in providing employer-sponsored child care, early education and work/life solutions. Its employer-sponsored child care programs include child care and early education centers, infant/toddler/preschool care and education, full and part-time child care, kindergarten, school-age programs, summer camps and back-up care. Bright Horizons manages child care centers for corporations, hospitals, universities and government agencies The Company operates primarily in North America, Europe and India. Bright Horizons Family Solutions Inc. is based in Watertown, Massachusetts. “
  • 9/1/2017 – Bright Horizons Family Solutions was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $90.00 price target on the stock. According to Zacks, “Bright Horizons Family Solutions Inc. is engaged in providing employer-sponsored child care, early education and work/life solutions. Its employer-sponsored child care programs include child care and early education centers, infant/toddler/preschool care and education, full and part-time child care, kindergarten, school-age programs, summer camps and back-up care. Bright Horizons manages child care centers for corporations, hospitals, universities and government agencies The Company operates primarily in North America, Europe and India. Bright Horizons Family Solutions Inc. is based in Watertown, Massachusetts. “
  • 8/31/2017 – Bright Horizons Family Solutions was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Bright Horizons Family Solutions Inc. is engaged in providing employer-sponsored child care, early education and work/life solutions. Its employer-sponsored child care programs include child care and early education centers, infant/toddler/preschool care and education, full and part-time child care, kindergarten, school-age programs, summer camps and back-up care. Bright Horizons manages child care centers for corporations, hospitals, universities and government agencies The Company operates primarily in North America, Europe and India. Bright Horizons Family Solutions Inc. is based in Watertown, Massachusetts. “
  • 8/10/2017 – Bright Horizons Family Solutions was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 8/9/2017 – Bright Horizons Family Solutions had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada.

Shares of Bright Horizons Family Solutions Inc. (NYSE BFAM) traded down 0.30% during mid-day trading on Thursday, hitting $85.32. 125,489 shares of the company were exchanged. The company has a 50 day moving average of $81.35 and a 200 day moving average of $77.51. The company has a market capitalization of $5.05 billion, a P/E ratio of 45.53 and a beta of 0.14. Bright Horizons Family Solutions Inc. has a 52 week low of $59.00 and a 52 week high of $88.13.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings results on Tuesday, August 1st. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.03. Bright Horizons Family Solutions had a net margin of 6.91% and a return on equity of 19.19%. The business had revenue of $445.55 million for the quarter, compared to the consensus estimate of $443.90 million. During the same quarter in the previous year, the firm earned $0.61 earnings per share. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. Equities analysts anticipate that Bright Horizons Family Solutions Inc. will post $2.64 earnings per share for the current year.

In other news, CFO Elizabeth J. Boland sold 10,000 shares of the company’s stock in a transaction dated Tuesday, September 26th. The shares were sold at an average price of $82.33, for a total value of $823,300.00. Following the transaction, the chief financial officer now directly owns 150,717 shares in the company, valued at $12,408,530.61. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Mary Lou Burke sold 1,000 shares of the company’s stock in a transaction dated Wednesday, July 19th. The stock was sold at an average price of $79.98, for a total transaction of $79,980.00. Following the completion of the transaction, the chief operating officer now owns 32,266 shares in the company, valued at $2,580,634.68. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 68,429 shares of company stock worth $5,427,819. 2.90% of the stock is owned by insiders.

Bright Horizons Family Solutions Inc is a provider of child care, early education and other services. The Company provides services under multi-year contracts with employers offering child care and other dependent care solutions as part of their employee benefits packages. Its segments include full service center-based care services, back-up dependent care services and other educational advisory services.

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