Bright Horizons Family Solutions Inc. (NYSE:BFAM) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Bright Horizons Family Solutions received a consensus “Hold” rating from nine analysts, with four buys, three holds and two sells. The average 12-month price target is $95.88.
• Recent analyst actions were mixed: Morgan Stanley lowered its target to $68 and maintained an underweight rating, while UBS raised its target to $88 and kept a neutral rating.
• The company beat quarterly expectations, reporting $1.28 in EPS versus the $1.20 consensus and $779.18 million in revenue, up 6.4% year over year. Shares opened at $65.55, down 2.3%, while insiders sold 8,900 shares worth about $656,584 over the past 90 days.

Bright Horizons Family Solutions Inc. (NYSE:BFAM - Get Free Report) has received a consensus recommendation of "Hold" from the nine research firms that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $95.8750.

Several brokerages recently weighed in on BFAM. Morgan Stanley cut their price target on Bright Horizons Family Solutions from $70.00 to $68.00 and set an "underweight" rating for the company in a research note on Friday, July 31st. Weiss Ratings reiterated a "sell (d+)" rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, July 29th. Finally, UBS Group upped their price target on Bright Horizons Family Solutions from $87.00 to $88.00 and gave the stock a "neutral" rating in a research note on Friday, July 31st.

Insider Transactions at Bright Horizons Family Solutions

In other Bright Horizons Family Solutions news, Director Mary Tocio sold 6,000 shares of the business's stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $72.65, for a total value of $435,900.00. Following the completion of the sale, the director directly owned 14,329 shares of the company's stock, valued at $1,041,001.85. The trade was a 29.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Mary Burke sold 1,200 shares of the business's stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $75.00, for a total transaction of $90,000.00. Following the completion of the sale, the chief operating officer directly owned 30,945 shares of the company's stock, valued at approximately $2,320,875. This trade represents a 3.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 8,900 shares of company stock worth $656,584. Company insiders own 1.42% of the company's stock.

Institutional Investors Weigh In On Bright Horizons Family Solutions

Hedge funds have recently made changes to their positions in the company. AG Campbell Advisory LLC purchased a new position in shares of Bright Horizons Family Solutions during the fourth quarter valued at $41,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Bright Horizons Family Solutions during the 2nd quarter valued at about $29,000. State of Wyoming bought a new stake in shares of Bright Horizons Family Solutions in the 1st quarter valued at about $60,000. Harvest Fund Management Co. Ltd raised its holdings in shares of Bright Horizons Family Solutions by 499.3% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 821 shares of the company's stock valued at $83,000 after purchasing an additional 684 shares in the last quarter. Finally, Covestor Ltd lifted its position in shares of Bright Horizons Family Solutions by 50.8% in the 4th quarter. Covestor Ltd now owns 843 shares of the company's stock worth $86,000 after purchasing an additional 284 shares during the period.

Bright Horizons Family Solutions Trading Down 2.3%

NYSE BFAM opened at $65.55 on Friday. Bright Horizons Family Solutions has a fifty-two week low of $57.63 and a fifty-two week high of $111.39. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.48 and a current ratio of 0.48. The stock has a 50 day simple moving average of $72.79 and a two-hundred day simple moving average of $73.33. The stock has a market cap of $3.19 billion, a P/E ratio of 20.74, a price-to-earnings-growth ratio of 1.00 and a beta of 1.15.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.20 by $0.08. The business had revenue of $779.18 million during the quarter, compared to the consensus estimate of $774.84 million. Bright Horizons Family Solutions had a return on equity of 20.09% and a net margin of 5.78%.The firm's quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.07 earnings per share. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. On average, analysts forecast that Bright Horizons Family Solutions will post 4.7 earnings per share for the current year.

About Bright Horizons Family Solutions

Bright Horizons Family Solutions Inc provides employer-sponsored child care and workforce-support services. The company operates early education and preschool centers, offering full-day care and educational programs for infants, toddlers, preschoolers and school-age children. It also provides back-up care services, including center-based and in-home care, to help employees manage disruptions in their regular care arrangements.

In addition to child care, Bright Horizons offers educational advisory services, college and university admissions counseling, and other family-support programs.

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