Analysts Set Bright Horizons Family Solutions Inc. (NYSE:BFAM) Price Target at $95.88

Bright Horizons Family Solutions Inc. (NYSE:BFAM) has received an average recommendation of “Hold” from the nine analysts that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $95.8750.

BFAM has been the subject of a number of research reports. UBS Group raised their price objective on shares of Bright Horizons Family Solutions from $87.00 to $88.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Weiss Ratings restated a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, July 29th. Finally, Morgan Stanley decreased their price target on shares of Bright Horizons Family Solutions from $70.00 to $68.00 and set an “underweight” rating for the company in a research report on Friday, July 31st.

Bright Horizons Family Solutions Stock Up 2.6%

BFAM stock opened at $64.91 on Friday. The firm has a 50-day moving average price of $72.40 and a 200-day moving average price of $73.16. Bright Horizons Family Solutions has a 12 month low of $57.63 and a 12 month high of $110.14. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 1.14. The stock has a market capitalization of $3.16 billion, a P/E ratio of 20.54, a price-to-earnings-growth ratio of 0.97 and a beta of 1.15.

Bright Horizons Family Solutions (NYSE:BFAM) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.08. Bright Horizons Family Solutions had a net margin of 5.78% and a return on equity of 20.09%. The business had revenue of $779.18 million during the quarter, compared to analysts’ expectations of $774.84 million. During the same period in the prior year, the company earned $1.07 EPS. The firm’s quarterly revenue was up 6.4% compared to the same quarter last year. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. As a group, equities research analysts anticipate that Bright Horizons Family Solutions will post 4.7 EPS for the current fiscal year.

Insider Buying and Selling at Bright Horizons Family Solutions

In other Bright Horizons Family Solutions news, COO Mary Burke sold 1,200 shares of the company’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $75.00, for a total value of $90,000.00. Following the sale, the chief operating officer owned 30,945 shares in the company, valued at approximately $2,320,875. The trade was a 3.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Mary Tocio sold 6,000 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $72.65, for a total transaction of $435,900.00. Following the sale, the director directly owned 14,329 shares of the company’s stock, valued at $1,041,001.85. This represents a 29.51% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 8,900 shares of company stock worth $656,584. 1.42% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BFAM. AG Campbell Advisory LLC purchased a new position in Bright Horizons Family Solutions in the 4th quarter valued at approximately $41,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Bright Horizons Family Solutions during the second quarter worth about $29,000. State of Wyoming bought a new position in Bright Horizons Family Solutions in the 1st quarter worth about $60,000. Harvest Fund Management Co. Ltd increased its stake in Bright Horizons Family Solutions by 499.3% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 821 shares of the company’s stock worth $83,000 after acquiring an additional 684 shares during the last quarter. Finally, Covestor Ltd raised its holdings in shares of Bright Horizons Family Solutions by 50.8% in the 4th quarter. Covestor Ltd now owns 843 shares of the company’s stock valued at $86,000 after acquiring an additional 284 shares in the last quarter.

Bright Horizons Family Solutions Company Profile

Bright Horizons Family Solutions Inc provides employer-sponsored child care and workforce-support services. The company operates early education and preschool centers, offering full-day care and educational programs for infants, toddlers, preschoolers and school-age children. It also provides back-up care services, including center-based and in-home care, to help employees manage disruptions in their regular care arrangements.

In addition to child care, Bright Horizons offers educational advisory services, college and university admissions counseling, and other family-support programs.