Analysts Set Bright Horizons Family Solutions Inc. (NYSE:BFAM) Target Price at $138.33

Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the ten research firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $138.33.

A number of research analysts have recently commented on BFAM shares. UBS Group lowered their target price on Bright Horizons Family Solutions from $148.00 to $130.00 and set a "neutral" rating for the company in a research note on Friday, January 24th. BMO Capital Markets lifted their target price on shares of Bright Horizons Family Solutions from $127.00 to $146.00 and gave the company an "outperform" rating in a report on Tuesday, February 18th. Morgan Stanley upped their price target on Bright Horizons Family Solutions from $100.00 to $106.00 and gave the stock an "underweight" rating in a research note on Tuesday. Jefferies Financial Group lowered their price objective on Bright Horizons Family Solutions from $155.00 to $132.00 and set a "buy" rating for the company in a research note on Thursday, January 23rd. Finally, StockNews.com upgraded Bright Horizons Family Solutions from a "sell" rating to a "hold" rating in a report on Saturday, February 22nd.

Bright Horizons Family Solutions Trading Down 0.0 %

BFAM traded down $0.02 during trading on Thursday, hitting $121.97. 536,320 shares of the stock traded hands, compared to its average volume of 442,679. The firm has a 50-day moving average of $122.23 and a 200 day moving average of $119.44. Bright Horizons Family Solutions has a 12-month low of $100.59 and a 12-month high of $141.90. The firm has a market capitalization of $7.00 billion, a P/E ratio of 50.82 and a beta of 1.32. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.61 and a quick ratio of 0.61.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last announced its earnings results on Monday, May 5th. The company reported $0.77 EPS for the quarter, beating analysts' consensus estimates of $0.63 by $0.14. Bright Horizons Family Solutions had a return on equity of 13.63% and a net margin of 5.22%. The company had revenue of $665.53 million during the quarter, compared to the consensus estimate of $664.34 million. During the same quarter in the prior year, the company earned $0.51 earnings per share. The firm's revenue for the quarter was up 6.9% on a year-over-year basis. Equities research analysts anticipate that Bright Horizons Family Solutions will post 3.61 EPS for the current year.

Insider Transactions at Bright Horizons Family Solutions

In other news, COO Mary Lou Burke sold 1,000 shares of the firm's stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $125.36, for a total value of $125,360.00. Following the transaction, the chief operating officer now directly owns 31,449 shares in the company, valued at $3,942,446.64. This trade represents a 3.08 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Mary Ann Tocio sold 2,500 shares of the company's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $124.74, for a total value of $311,850.00. Following the sale, the director now owns 22,757 shares of the company's stock, valued at approximately $2,838,708.18. This trade represents a 9.90 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,500 shares of company stock worth $561,900 over the last three months. 1.22% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Bright Horizons Family Solutions

A number of large investors have recently made changes to their positions in BFAM. Y Intercept Hong Kong Ltd boosted its stake in shares of Bright Horizons Family Solutions by 62.8% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 7,097 shares of the company's stock worth $787,000 after acquiring an additional 2,739 shares during the last quarter. Barclays PLC grew its holdings in Bright Horizons Family Solutions by 57.5% during the fourth quarter. Barclays PLC now owns 30,272 shares of the company's stock valued at $3,355,000 after purchasing an additional 11,057 shares during the period. New York Life Investment Management LLC purchased a new stake in Bright Horizons Family Solutions in the fourth quarter worth about $679,000. New York State Common Retirement Fund raised its stake in shares of Bright Horizons Family Solutions by 45.4% in the fourth quarter. New York State Common Retirement Fund now owns 115,183 shares of the company's stock worth $12,768,000 after buying an additional 35,959 shares during the period. Finally, Jupiter Asset Management Ltd. purchased a new position in shares of Bright Horizons Family Solutions during the 4th quarter valued at about $5,212,000.

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.