Bright Horizons Family Solutions Inc. (NYSE:BFAM) Receives Average Recommendation of "Moderate Buy" from Analysts

Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM - Get Free Report) have been given an average rating of "Moderate Buy" by the ten analysts that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $138.67.

A number of brokerages have recently issued reports on BFAM. Morgan Stanley upped their target price on shares of Bright Horizons Family Solutions from $100.00 to $106.00 and gave the company an "underweight" rating in a research note on Tuesday, May 6th. Jefferies Financial Group lowered shares of Bright Horizons Family Solutions from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $146.00 to $135.00 in a research note on Monday.

Insider Buying and Selling

In other Bright Horizons Family Solutions news, CFO Elizabeth J. Boland sold 3,500 shares of the company's stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $132.16, for a total value of $462,560.00. Following the completion of the transaction, the chief financial officer now owns 80,162 shares in the company, valued at approximately $10,594,209.92. This represents a 4.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director David H. Lissy sold 6,282 shares of the company's stock in a transaction dated Wednesday, May 28th. The stock was sold at an average price of $130.10, for a total transaction of $817,288.20. Following the completion of the transaction, the director now owns 69,312 shares of the company's stock, valued at approximately $9,017,491.20. This trade represents a 8.31% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,282 shares of company stock worth $1,726,433 over the last quarter. 1.21% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Larson Financial Group LLC grew its position in Bright Horizons Family Solutions by 62.2% in the 1st quarter. Larson Financial Group LLC now owns 206 shares of the company's stock worth $26,000 after purchasing an additional 79 shares during the last quarter. Twin Tree Management LP bought a new position in Bright Horizons Family Solutions in the 1st quarter worth about $29,000. Atala Financial Inc bought a new position in Bright Horizons Family Solutions in the 4th quarter worth about $32,000. Parallel Advisors LLC grew its position in Bright Horizons Family Solutions by 79.9% in the 1st quarter. Parallel Advisors LLC now owns 322 shares of the company's stock worth $41,000 after purchasing an additional 143 shares during the last quarter. Finally, Global Financial Private Client LLC grew its position in Bright Horizons Family Solutions by 244.2% in the 1st quarter. Global Financial Private Client LLC now owns 327 shares of the company's stock worth $42,000 after purchasing an additional 232 shares during the last quarter.

Bright Horizons Family Solutions Stock Performance

Shares of Bright Horizons Family Solutions stock opened at $120.33 on Friday. The firm has a market cap of $6.89 billion, a PE ratio of 43.44 and a beta of 1.33. The firm's 50-day simple moving average is $123.82 and its 200-day simple moving average is $120.97. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.60 and a current ratio of 0.60. Bright Horizons Family Solutions has a 1 year low of $103.75 and a 1 year high of $141.90.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last issued its earnings results on Monday, May 5th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.63 by $0.14. The business had revenue of $665.53 million for the quarter, compared to analyst estimates of $664.34 million. Bright Horizons Family Solutions had a net margin of 5.91% and a return on equity of 14.62%. The company's revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.51 EPS. Equities analysts forecast that Bright Horizons Family Solutions will post 3.61 earnings per share for the current fiscal year.

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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