Analysts Set Bright Horizons Family Solutions Inc. (NYSE:BFAM) PT at $134.57

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.

Bright Horizons Family Solutions Inc. (NYSE:BFAM - Get Free Report) has earned a consensus rating of "Moderate Buy" from the eight research firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $134.5714.

A number of equities research analysts have recently commented on the stock. Jefferies Financial Group downgraded shares of Bright Horizons Family Solutions from a "buy" rating to a "hold" rating and lowered their price target for the stock from $146.00 to $135.00 in a report on Monday, June 23rd. Morgan Stanley lowered their target price on shares of Bright Horizons Family Solutions from $106.00 to $100.00 and set an "underweight" rating for the company in a report on Monday, July 28th.

Bright Horizons Family Solutions Trading Down 0.7%

Shares of NYSE BFAM traded down $0.79 during midday trading on Wednesday, reaching $113.34. 522,790 shares of the stock were exchanged, compared to its average volume of 465,594. The company has a market capitalization of $6.45 billion, a P/E ratio of 37.16 and a beta of 1.27. Bright Horizons Family Solutions has a 52-week low of $103.75 and a 52-week high of $141.80. 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 stock has a 50 day moving average price of $117.18 and a 200-day moving average price of $121.20.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last issued 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. The business had revenue of $731.57 million during the quarter, compared to the consensus estimate of $724.32 million. Bright Horizons Family Solutions had a net margin of 6.34% and a return on equity of 15.12%. The company's quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.88 earnings per share. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.150-4.250 EPS. Equities research analysts expect that Bright Horizons Family Solutions will post 3.61 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Mary Ann Tocio sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $120.10, for a total value of $360,300.00. Following the completion of the sale, the director directly owned 18,233 shares in the company, valued at approximately $2,189,783.30. The trade was a 14.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Mary Lou Burke sold 1,000 shares of the business'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 owned 28,449 shares of the company's stock, valued at approximately $3,669,636.51. The trade was a 3.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 5,000 shares of company stock valued at $611,850. 1.21% of the stock is owned by insiders.

Institutional Investors Weigh In On Bright Horizons Family Solutions

Institutional investors have recently bought and sold shares of the stock. Larson Financial Group LLC grew its holdings in Bright Horizons Family Solutions by 62.2% in the first quarter. Larson Financial Group LLC now owns 206 shares of the company's stock valued at $26,000 after purchasing an additional 79 shares during the period. Twin Tree Management LP acquired a new position in Bright Horizons Family Solutions during the first quarter valued at approximately $29,000. Parallel Advisors LLC lifted its position in Bright Horizons Family Solutions by 79.9% during the first quarter. Parallel Advisors LLC now owns 322 shares of the company's stock valued at $41,000 after buying an additional 143 shares in the last quarter. Global Financial Private Client LLC lifted its position in Bright Horizons Family Solutions by 244.2% during the first quarter. Global Financial Private Client LLC now owns 327 shares of the company's stock valued at $42,000 after buying an additional 232 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in Bright Horizons Family Solutions by 98.8% during the first quarter. Geneos Wealth Management Inc. now owns 336 shares of the company's stock valued at $43,000 after buying an additional 167 shares in the last quarter.

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.