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

Key Points

• Bright Horizons Family Solutions Inc. (NYSE:BFAM) has received a "Moderate Buy" rating from nine brokerages, with an average twelve-month target price of $134.57.
• Insider activity shows COO Mary Lou Burke and Director Mary Ann Tocio sold shares at prices of $108.52 and $120.10 respectively, indicating a significant decrease in their ownership percentages.
• Financial performance highlights include a 9.2% increase in revenue year-over-year, with the latest quarterly earnings showing a profit of $1.07 EPS that surpassed estimates.

Bright Horizons Family Solutions Inc. (NYSE:BFAM - Get Free Report) has been given an average recommendation of "Moderate Buy" by the nine research firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $134.5714.

A number of brokerages have issued reports on BFAM. Weiss Ratings restated a "hold (c+)" rating on shares of Bright Horizons Family Solutions in a research report on Saturday, September 27th. Morgan Stanley reduced their target price on Bright Horizons Family Solutions from $106.00 to $100.00 and set an "underweight" rating on the stock in a research note on Monday, July 28th. Finally, Jefferies Financial Group cut Bright Horizons Family Solutions from a "buy" rating to a "hold" rating and lowered their target price for the company from $146.00 to $135.00 in a report on Monday, June 23rd.

Insider Transactions at Bright Horizons Family Solutions

In related news, COO Mary Lou Burke sold 1,000 shares of Bright Horizons Family Solutions stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $108.52, for a total transaction of $108,520.00. Following the completion of the sale, the chief operating officer owned 26,449 shares in the company, valued at approximately $2,870,245.48. This trade represents a 3.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mary Ann Tocio sold 3,000 shares of the company's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $120.10, for a total transaction of $360,300.00. Following the completion of the transaction, the director owned 18,233 shares in the company, valued at approximately $2,189,783.30. This trade represents a 14.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 5,000 shares of company stock valued at $597,810. 1.21% of the stock is currently owned by company insiders.

Institutional Trading of Bright Horizons Family Solutions

Several hedge funds and other institutional investors have recently bought and sold shares of BFAM. Larson Financial Group LLC grew its stake 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 acquiring an additional 79 shares during the period. Twin Tree Management LP acquired a new stake in shares of Bright Horizons Family Solutions during the first quarter worth $29,000. Parallel Advisors LLC grew its position in shares of Bright Horizons Family Solutions by 79.9% in the first quarter. Parallel Advisors LLC now owns 322 shares of the company's stock valued at $41,000 after purchasing an additional 143 shares during the period. Geneos Wealth Management Inc. increased its stake in Bright Horizons Family Solutions by 98.8% in the first quarter. Geneos Wealth Management Inc. now owns 336 shares of the company's stock valued at $43,000 after purchasing an additional 167 shares during the last quarter. Finally, HM Payson & Co. purchased a new position in Bright Horizons Family Solutions during the first quarter worth about $50,000.

Bright Horizons Family Solutions Stock Down 0.4%

BFAM opened at $106.29 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.56 and a current ratio of 0.56. The company has a market cap of $6.04 billion, a price-to-earnings ratio of 34.85 and a beta of 1.33. Bright Horizons Family Solutions has a one year low of $103.75 and a one year high of $139.68. The business's fifty day moving average is $115.19 and its two-hundred day moving average is $119.31.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 15.12% and a net margin of 6.34%.The business's revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.88 EPS. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.150-4.250 EPS. Analysts anticipate that Bright Horizons Family Solutions will post 3.61 EPS 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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