Bright Horizons Family Solutions Inc. (NYSE:BFAM) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Bright Horizons Family Solutions Inc. (NYSE:BFAM) has received an average recommendation of "Moderate Buy" from eight brokerages, with a price target averaging around $134.57.
• The company's recent earnings report showed an EPS of $1.07, exceeding analysts' expectations and marking a 9.2% year-over-year revenue growth.
• Insider transactions indicate notable sales, including Director Mary Ann Tocio selling 3,000 shares, representing a decrease of 14.13% in her ownership.

Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM - Get Free Report) have earned an average recommendation of "Moderate Buy" from the eight brokerages that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $134.5714.

BFAM has been the topic of several research analyst reports. Jefferies Financial Group cut Bright Horizons Family Solutions from a "buy" rating to a "hold" rating and decreased their target price for the stock from $146.00 to $135.00 in a report on Monday, June 23rd. Morgan Stanley reduced their price target on shares of Bright Horizons Family Solutions from $106.00 to $100.00 and set an "underweight" rating on the stock in a research report on Monday, July 28th.

Bright Horizons Family Solutions Stock Performance

NYSE BFAM opened at $115.29 on Wednesday. Bright Horizons Family Solutions has a 1-year low of $103.75 and a 1-year high of $141.80. The company has a 50 day moving average of $117.64 and a 200-day moving average of $121.53. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.57. The firm has a market cap of $6.56 billion, a price-to-earnings ratio of 37.80 and a beta of 1.27.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $1.07 EPS for the quarter, topping analysts' consensus estimates of $1.00 by $0.07. Bright Horizons Family Solutions had a return on equity of 15.12% and a net margin of 6.34%.The business had revenue of $731.57 million for the quarter, compared to analyst estimates of $724.32 million. During the same period in the prior year, the company earned $0.88 EPS. Bright Horizons Family Solutions's revenue for the quarter was up 9.2% on a year-over-year basis. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.150-4.250 EPS. On average, equities analysts forecast that Bright Horizons Family Solutions will post 3.61 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Mary Ann Tocio sold 3,000 shares of the stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $120.10, for a total transaction of $360,300.00. Following the sale, the director directly owned 18,233 shares of the company's stock, valued at $2,189,783.30. This represents a 14.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Mary Lou Burke sold 1,000 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $128.99, for a total transaction of $128,990.00. Following the completion of the sale, the chief operating officer directly owned 28,449 shares of the company's stock, valued at approximately $3,669,636.51. This represents a 3.40% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 5,000 shares of company stock worth $611,850 over the last quarter. 1.21% of the stock is owned by company insiders.

Institutional Investors Weigh In On Bright Horizons Family Solutions

Institutional investors and hedge funds have recently made changes to their positions in the company. Orion Porfolio Solutions LLC lifted its stake in shares of Bright Horizons Family Solutions by 84.4% during the second quarter. Orion Porfolio Solutions LLC now owns 24,623 shares of the company's stock valued at $3,043,000 after acquiring an additional 11,269 shares during the period. CANADA LIFE ASSURANCE Co lifted its position in Bright Horizons Family Solutions by 5.4% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 17,413 shares of the company's stock valued at $2,156,000 after purchasing an additional 897 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of Bright Horizons Family Solutions by 206.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 883 shares of the company's stock valued at $109,000 after purchasing an additional 595 shares during the last quarter. Corient Private Wealth LLC boosted its stake in shares of Bright Horizons Family Solutions by 5.9% in the 2nd quarter. Corient Private Wealth LLC now owns 4,420 shares of the company's stock valued at $546,000 after purchasing an additional 247 shares during the last quarter. Finally, Captrust Financial Advisors grew its position in shares of Bright Horizons Family Solutions by 38.5% during the 2nd quarter. Captrust Financial Advisors now owns 14,892 shares of the company's stock worth $1,841,000 after buying an additional 4,141 shares during the period.

Bright Horizons Family Solutions Company Profile

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.

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