Bright Horizons Family Solutions (BFAM) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bright Horizons Family Solutions in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BFAM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BFAM, but not buy additional shares or sell existing shares.
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7 analysts have issued 1-year target prices for Bright Horizons Family Solutions' stock. Their BFAM share price forecasts range from $57.00 to $101.00. On average, they anticipate the company's share price to reach $78.50 in the next twelve months. This suggests that the stock has a possible downside of 10.5%.
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Bright Horizons Family Solutions' stock was trading at $63.10 at the start of the year. Since then, BFAM shares have increased by 39.0% and is now trading at $87.73.
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Bright Horizons Family Solutions saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,310,000 shares, an increase of 65.9% from the April 30th total of 789,400 shares. Based on an average trading volume of 471,800 shares, the days-to-cover ratio is presently 2.8 days. Currently, 2.3% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our BFAM earnings forecast.

Bright Horizons Family Solutions Inc. (NYSE:BFAM) released its quarterly earnings data on Tuesday, May, 2nd. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.02. The company earned $553.61 million during the quarter, compared to analyst estimates of $531.41 million. Bright Horizons Family Solutions had a trailing twelve-month return on equity of 12.08% and a net margin of 3.28%. Bright Horizons Family Solutions's revenue was up 20.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.39 earnings per share.

ETFs with the largest weight of Bright Horizons Family Solutions (NYSE:BFAM) stock in their portfolio include Global X Education ETF (EDUT), Fidelity Sustainable U.S. Equity ETF (FSST), Fidelity Women's Leadership ETF (FDWM), First Trust Consumer Discretionary AlphaDEX Fund (FXD), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC), Nuveen ESG Small-Cap ETF (NUSC), Calvert US Select Equity ETF (CVSE) and Vanguard Small-Cap Growth ETF (VBK).

Bright Horizons Family Solutions updated its FY23 earnings guidance on Tuesday, May, 2nd. The company provided earnings per share (EPS) guidance of $2.80-$3.00 for the period, compared to the consensus estimate of $2.84. The company issued revenue guidance of $2.3-$2.4 billion, compared to the consensus revenue estimate of $2.32 billion.

248 employees have rated Bright Horizons Family Solutions Chief Executive Officer Stephen Kramer on Glassdoor.com. Stephen Kramer has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Bright Horizons Family Solutions investors own include NVIDIA (NVDA), Alibaba Group (BABA), Adobe (ADBE), Intuitive Surgical (ISRG), Netflix (NFLX), Boeing (BA), Abiomed (ABMD), Broadcom (AVGO), Salesforce (CRM) and JPMorgan Chase & Co. (JPM).

Bright Horizons Family Solutions trades on the New York Stock Exchange (NYSE) under the ticker symbol "BFAM."

Bright Horizons Family Solutions' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (7.50%), JPMorgan Chase & Co. (6.07%), Brown Advisory Inc. (5.28%), Kayne Anderson Rudnick Investment Management LLC (4.61%), BlackRock Inc. (4.21%) and Liontrust Investment Partners LLP (2.01%). Insiders that own company stock include David H Lissy, Elizabeth J Boland, John Guy Casagrande, Lightfoot Sara Lawrence, Marguerite Kondracke, Maribeth Nash Bearfield, Mary Ann Tocio, Mary Lou Burke and Stephen Howard Kramer.
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Shares of BFAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BFAM stock can currently be purchased for approximately $87.73.

Bright Horizons Family Solutions (NYSE:BFAM) has a market capitalization of $5.07 billion and generates $2.11 billion in revenue each year. The company earns $80.64 million in net income (profit) each year or $1.18 on an earnings per share basis.

The company employs 29,100 workers across the globe.

Bright Horizons Family Solutions' mailing address is 200 TALCOTT AVENUE SOUTH, WATERTOWN MA, 02472. The official website for the company is www.brighthorizons.com. The company can be reached via phone at (617) 673-8000, via email at eboland@brighthorizons.com, or via fax at 617-673-8001.