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

Bright Horizons Family Solutions Inc. (NYSE:BFAM - Get Free Report) has been given an average recommendation of "Hold" by the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $100.50.

A number of brokerages have recently issued reports on BFAM. Robert W. Baird boosted their target price on shares of Bright Horizons Family Solutions from $94.00 to $105.00 and gave the company a "neutral" rating in a research report on Thursday, February 15th. UBS Group cut their price objective on shares of Bright Horizons Family Solutions from $103.00 to $102.00 and set a "neutral" rating for the company in a research report on Wednesday, February 14th. The Goldman Sachs Group upped their price objective on shares of Bright Horizons Family Solutions from $96.00 to $108.00 and gave the stock a "buy" rating in a research report on Thursday, February 15th. JPMorgan Chase & Co. upped their price objective on shares of Bright Horizons Family Solutions from $93.00 to $107.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 14th. Finally, BMO Capital Markets upped their price objective on shares of Bright Horizons Family Solutions from $90.00 to $92.00 and gave the stock a "market perform" rating in a research report on Thursday, February 15th.

Bright Horizons Family Solutions Stock Performance

Shares of Bright Horizons Family Solutions stock traded down $0.96 during trading on Wednesday, reaching $110.40. The company's stock had a trading volume of 242,596 shares, compared to its average volume of 366,656. The business's 50-day moving average price is $108.75 and its 200-day moving average price is $94.89. The firm has a market cap of $6.40 billion, a PE ratio of 87.67, a P/E/G ratio of 4.32 and a beta of 1.37. Bright Horizons Family Solutions has a 52 week low of $71.65 and a 52 week high of $119.21. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.78.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last announced its earnings results on Tuesday, February 13th. The company reported $0.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.62 by $0.12. The company had revenue of $615.65 million during the quarter, compared to analysts' expectations of $588.63 million. Bright Horizons Family Solutions had a net margin of 3.07% and a return on equity of 12.24%. Equities analysts forecast that Bright Horizons Family Solutions will post 2.69 earnings per share for the current year.

Insider Transactions at Bright Horizons Family Solutions

In other news, CFO Elizabeth J. Boland sold 15,640 shares of the stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $113.77, for a total value of $1,779,362.80. Following the completion of the transaction, the chief financial officer now owns 89,983 shares of the company's stock, valued at $10,237,365.91. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CFO Elizabeth J. Boland sold 15,640 shares of the company's stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $113.77, for a total value of $1,779,362.80. Following the completion of the transaction, the chief financial officer now owns 89,983 shares of the company's stock, valued at $10,237,365.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Mary Lou Burke sold 1,500 shares of the company's stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $105.00, for a total value of $157,500.00. Following the completion of the transaction, the chief operating officer now directly owns 37,253 shares of the company's stock, valued at approximately $3,911,565. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 17,740 shares of company stock valued at $1,996,191. 1.28% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. HighPoint Advisor Group LLC acquired a new stake in Bright Horizons Family Solutions during the 4th quarter valued at approximately $192,000. Vanguard Group Inc. increased its position in Bright Horizons Family Solutions by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 5,326,816 shares of the company's stock valued at $501,999,000 after purchasing an additional 41,506 shares during the period. Integrated Advisors Network LLC acquired a new stake in Bright Horizons Family Solutions during the 4th quarter valued at approximately $212,000. Aurora Investment Counsel increased its position in Bright Horizons Family Solutions by 5.5% during the 4th quarter. Aurora Investment Counsel now owns 17,461 shares of the company's stock valued at $1,646,000 after purchasing an additional 905 shares during the period. Finally, Public Employees Retirement System of Ohio increased its position in Bright Horizons Family Solutions by 2.6% during the 4th quarter. Public Employees Retirement System of Ohio now owns 24,572 shares of the company's stock valued at $2,316,000 after purchasing an additional 633 shares during the period.

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.