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

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

Bright Horizons Family Solutions Stock Performance

Shares of BFAM stock traded down $0.02 during trading on Friday, reaching $121.97. 536,320 shares of the company's stock traded hands, compared to its average volume of 443,147. The firm's 50-day moving average is $122.23 and its 200 day moving average is $119.34. The company has a market capitalization of $7.00 billion, a P/E ratio of 50.82 and a beta of 1.32. Bright Horizons Family Solutions has a 1 year low of $100.59 and a 1 year high of $141.90. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.66.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Morgan Stanley lifted their price target on Bright Horizons Family Solutions from $100.00 to $106.00 and gave the stock an "underweight" rating in a report on Tuesday. BMO Capital Markets lifted their target price on Bright Horizons Family Solutions from $127.00 to $146.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 18th. Jefferies Financial Group reduced their price target on shares of Bright Horizons Family Solutions from $155.00 to $132.00 and set a "buy" rating for the company in a research report on Thursday, January 23rd. UBS Group lowered their price objective on shares of Bright Horizons Family Solutions from $148.00 to $130.00 and set a "neutral" rating on the stock in a research report on Friday, January 24th. Finally, StockNews.com raised shares of Bright Horizons Family Solutions from a "sell" rating to a "hold" rating in a research report on Saturday, February 22nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $138.33.

Insider Activity at Bright Horizons Family Solutions

In other news, Director Mary Ann Tocio sold 2,500 shares of Bright Horizons Family Solutions stock in a transaction on Monday, March 10th. The stock was sold at an average price of $124.74, for a total value of $311,850.00. Following the completion of the transaction, the director now directly owns 22,757 shares in the company, valued at approximately $2,838,708.18. The trade was a 9.90 % decrease in their ownership of the stock. The sale 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 on Thursday, May 1st. The shares were sold at an average price of $125.36, for a total value of $125,360.00. Following the sale, the chief operating officer now owns 31,449 shares in the company, valued at approximately $3,942,446.64. The trade was a 3.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,500 shares of company stock worth $561,900. Corporate insiders own 1.22% of the company's stock.

About Bright Horizons Family Solutions

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.