Bright Horizons Family Solutions (NYSE:BFAM) Announces Quarterly Earnings Results, Beats Expectations By $0.14 EPS

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) issued its earnings results on Monday. The company reported $0.77 earnings per share for the quarter, topping analysts' consensus estimates of $0.63 by $0.14, Briefing.com reports. The business had revenue of $665.53 million for the quarter, compared to the consensus estimate of $664.34 million. Bright Horizons Family Solutions had a net margin of 5.22% and a return on equity of 13.63%. The firm's revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.51 earnings per share. Bright Horizons Family Solutions updated its FY 2025 guidance to 3.950-4.150 EPS.

Bright Horizons Family Solutions Stock Down 0.9 %

BFAM stock opened at $127.06 on Tuesday. The company has a market capitalization of $7.29 billion, a price-to-earnings ratio of 52.94 and a beta of 1.32. The business's 50 day moving average price is $122.73 and its two-hundred day moving average price is $119.51. Bright Horizons Family Solutions has a fifty-two week low of $100.59 and a fifty-two week high of $141.90. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.61 and a current ratio of 0.61.

Analysts Set New Price Targets

BFAM has been the subject of a number of research reports. BMO Capital Markets increased their price target on Bright Horizons Family Solutions from $127.00 to $146.00 and gave the company an "outperform" rating in a research note on Tuesday, February 18th. UBS Group lowered their price objective on shares of 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. Jefferies Financial Group cut their price target on Bright Horizons Family Solutions from $155.00 to $132.00 and set a "buy" rating on the stock in a report on Thursday, January 23rd. Morgan Stanley cut their price target on Bright Horizons Family Solutions from $102.00 to $100.00 and set an "underweight" rating for the company in a research note on Tuesday, February 11th. Finally, StockNews.com upgraded Bright Horizons Family Solutions from a "sell" rating to a "hold" rating in a research note on Saturday, February 22nd. One analyst has rated the stock with a sell rating, three have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $137.67.

Insider Buying and Selling at Bright Horizons Family Solutions

In other news, Director Mary Ann Tocio sold 2,500 shares of the firm's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $124.74, for a total transaction of $311,850.00. Following the completion of the transaction, the director now directly owns 22,757 shares in the company, valued at $2,838,708.18. This trade represents a 9.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Mary Lou Burke sold 1,000 shares of the company's stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $124.69, for a total transaction of $124,690.00. Following the completion of the transaction, the chief operating officer now owns 33,449 shares in the company, valued at approximately $4,170,755.81. The trade was a 2.90 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,500 shares of company stock valued at $561,900. 1.22% of the stock is currently owned by company insiders.

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.