Bright Horizons Family Solutions (NYSE:BFAM) Updates FY 2025 Earnings Guidance

Key Points

• Bright Horizons Family Solutions updated its FY 2025 earnings guidance, projecting earnings per share of $4.150-$4.250, which exceeds the consensus estimate of $4.115.
• The company's stock price has seen a 0.3% decline recently, trading at $113.22 with a market cap of $6.48 billion and a PE ratio of 40.87.
• Insider trading activity included a notable sale by Director David H. Lissy, who sold over 6,200 shares at an average price of $130.10, indicating a decrease in ownership.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.150-4.250 for the period, compared to the consensus earnings per share estimate of 4.115. The company issued revenue guidance of $2.9 billion-$2.9 billion, compared to the consensus revenue estimate of $2.9 billion.

Bright Horizons Family Solutions Stock Down 0.3%

NYSE BFAM traded down $0.38 during trading hours on Thursday, reaching $113.22. 550,029 shares of the company's stock traded hands, compared to its average volume of 474,166. Bright Horizons Family Solutions has a 52-week low of $103.75 and a 52-week high of $141.90. The firm has a market cap of $6.48 billion, a PE ratio of 40.87 and a beta of 1.30. The firm has a 50-day simple moving average of $121.37 and a 200 day simple moving average of $122.00. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.60 and a quick ratio of 0.60.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last released its quarterly earnings data on Monday, May 5th. The company reported $0.77 earnings per share for the quarter, beating analysts' consensus estimates of $0.63 by $0.14. The business had revenue of $665.53 million during the quarter, compared to analyst estimates of $664.34 million. Bright Horizons Family Solutions had a net margin of 5.91% and a return on equity of 14.62%. Bright Horizons Family Solutions's revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business earned $0.51 EPS. Sell-side analysts anticipate that Bright Horizons Family Solutions will post 3.61 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on BFAM shares. Jefferies Financial Group lowered shares of Bright Horizons Family Solutions from a "buy" rating to a "hold" rating and reduced their price target for the stock from $146.00 to $135.00 in a research note on Monday, June 23rd. Morgan Stanley dropped their price objective on shares of Bright Horizons Family Solutions from $106.00 to $100.00 and set an "underweight" rating on the stock in a report on Monday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Bright Horizons Family Solutions presently has an average rating of "Moderate Buy" and a consensus target price of $138.00.

Insiders Place Their Bets

In related news, Director David H. Lissy sold 6,282 shares of the company's stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of $130.10, for a total transaction of $817,288.20. Following the completion of the transaction, the director owned 69,312 shares in the company, valued at approximately $9,017,491.20. This represents a 8.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Elizabeth J. Boland sold 3,500 shares of the stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $132.16, for a total transaction of $462,560.00. Following the transaction, the chief financial officer owned 80,162 shares of the company's stock, valued at $10,594,209.92. This trade represents a 4.18% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,282 shares of company stock valued at $1,723,633. 1.21% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. grew its stake in Bright Horizons Family Solutions by 149.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 614,293 shares of the company's stock valued at $78,040,000 after acquiring an additional 367,711 shares during the period. Jane Street Group LLC grew its position in shares of Bright Horizons Family Solutions by 646.2% during the first quarter. Jane Street Group LLC now owns 59,643 shares of the company's stock worth $7,577,000 after buying an additional 51,650 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Bright Horizons Family Solutions by 12.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 195,119 shares of the company's stock valued at $24,788,000 after purchasing an additional 20,859 shares in the last quarter. Focus Partners Wealth boosted its holdings in shares of Bright Horizons Family Solutions by 70.5% in the first quarter. Focus Partners Wealth now owns 4,516 shares of the company's stock valued at $574,000 after acquiring an additional 1,868 shares during the period. Finally, NewEdge Advisors LLC grew its position in Bright Horizons Family Solutions by 24.1% in the 1st quarter. NewEdge Advisors LLC now owns 6,750 shares of the company's stock valued at $858,000 after buying an additional 1,312 shares during the last quarter.

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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