Bright Horizons Family Solutions (NYSE:BFAM) Sets New 12-Month Low - Time to Sell?

Key Points

• Bright Horizons Family Solutions' stock reached a new 52-week low of $103.27, down from a previous close of $106.43, with a trading volume of 132,379 shares.
• Analysts have mixed opinions on the stock, with a consensus rating of "Moderate Buy" and a reduced target price averaging $134.57, down from higher previous estimates.
• The company reported earnings per share (EPS) of $1.07 for the latest quarter, surpassing analyst expectations and signaling a 9.2% year-over-year revenue growth to $731.57 million.

Bright Horizons Family Solutions Inc. (NYSE:BFAM - Get Free Report)'s share price reached a new 52-week low during trading on Monday . The company traded as low as $103.27 and last traded at $103.35, with a volume of 132379 shares traded. The stock had previously closed at $106.43.

Analyst Upgrades and Downgrades

BFAM has been the subject of several research analyst reports. Morgan Stanley reduced their target price on shares of Bright Horizons Family Solutions from $106.00 to $100.00 and set an "underweight" rating for the company in a report on Monday, July 28th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Bright Horizons Family Solutions in a report on Saturday, September 27th. Finally, Jefferies Financial Group downgraded Bright Horizons Family Solutions from a "buy" rating to a "hold" rating and reduced their target price for the company from $146.00 to $135.00 in a report on Monday, June 23rd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $134.57.

Bright Horizons Family Solutions Trading Down 3.8%

The firm's fifty day moving average is $115.19 and its two-hundred day moving average is $119.27. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.56 and a quick ratio of 0.56. The firm has a market capitalization of $5.82 billion, a PE ratio of 33.57 and a beta of 1.33.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $1.07 EPS for the quarter, beating analysts' consensus estimates of $1.00 by $0.07. Bright Horizons Family Solutions had a return on equity of 15.12% and a net margin of 6.34%.The company had revenue of $731.57 million during the quarter, compared to the consensus estimate of $724.32 million. During the same period last year, the business posted $0.88 earnings per share. Bright Horizons Family Solutions's revenue was up 9.2% on a year-over-year basis. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.150-4.250 EPS. On average, equities analysts predict that Bright Horizons Family Solutions Inc. will post 3.61 EPS for the current fiscal year.

Insider Transactions at Bright Horizons Family Solutions

In other Bright Horizons Family Solutions news, Director Mary Ann Tocio sold 3,000 shares of Bright Horizons Family Solutions stock in a transaction dated Tuesday, August 5th. The stock was 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 of the company's stock, valued at $2,189,783.30. The trade was a 14.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Mary Lou Burke sold 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $108.52, for a total transaction of $108,520.00. Following the completion of the transaction, the chief operating officer owned 26,449 shares of the company's stock, valued at $2,870,245.48. This trade represents a 3.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 5,000 shares of company stock valued at $597,810 in the last 90 days. 1.21% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Larson Financial Group LLC increased 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 last quarter. Twin Tree Management LP purchased a new stake in shares of Bright Horizons Family Solutions during the 1st quarter valued at $29,000. Parallel Advisors LLC raised its position in shares of Bright Horizons Family Solutions by 79.9% during the 1st quarter. Parallel Advisors LLC now owns 322 shares of the company's stock valued at $41,000 after buying an additional 143 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Bright Horizons Family Solutions by 98.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 336 shares of the company's stock worth $43,000 after acquiring an additional 167 shares during the last quarter. Finally, HM Payson & Co. bought a new position in Bright Horizons Family Solutions in the first quarter valued at $50,000.

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.

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