Bright Horizons Family Solutions Inc. (NYSE:BFAM) Given Average Rating of “Moderate Buy” by Brokerages

Bright Horizons Family Solutions Inc. (NYSE:BFAM) has received an average recommendation of “Moderate Buy” from the ten analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $135.56.

A number of research firms recently commented on BFAM. BMO Capital Markets upgraded shares of Bright Horizons Family Solutions from a “market perform” rating to an “outperform” rating and lowered their target price for the stock from $137.00 to $125.00 in a research note on Monday, November 18th. Morgan Stanley lowered their price objective on shares of Bright Horizons Family Solutions from $108.00 to $102.00 and set an “underweight” rating for the company in a research note on Thursday, December 12th. UBS Group cut their target price on Bright Horizons Family Solutions from $148.00 to $130.00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. Baird R W raised Bright Horizons Family Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 22nd. Finally, Robert W. Baird raised Bright Horizons Family Solutions from a “neutral” rating to an “outperform” rating and set a $140.00 price objective on the stock in a report on Friday, November 22nd.

Bright Horizons Family Solutions Trading Down 1.0 %

NYSE BFAM opened at $121.38 on Tuesday. Bright Horizons Family Solutions has a one year low of $94.83 and a one year high of $141.90. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.61 and a current ratio of 0.61. The company has a market capitalization of $7.06 billion, a price-to-earnings ratio of 60.99 and a beta of 1.45. The company’s 50-day simple moving average is $114.26 and its two-hundred day simple moving average is $124.48.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings data on Monday, November 4th. The company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.05. Bright Horizons Family Solutions had a return on equity of 13.23% and a net margin of 4.44%. The company had revenue of $719.00 million for the quarter, compared to the consensus estimate of $713.16 million. During the same quarter last year, the company earned $0.78 earnings per share. The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. Equities analysts forecast that Bright Horizons Family Solutions will post 3 EPS for the current fiscal year.

Insider Buying and Selling at Bright Horizons Family Solutions

In other Bright Horizons Family Solutions news, Director Mary Ann Tocio sold 5,000 shares of Bright Horizons Family Solutions stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $114.71, for a total value of $573,550.00. Following the completion of the transaction, the director now owns 25,257 shares of the company’s stock, valued at approximately $2,897,230.47. The trade was a 16.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.22% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Bright Horizons Family Solutions

A number of institutional investors have recently modified their holdings of the business. Raleigh Capital Management Inc. purchased a new position in Bright Horizons Family Solutions during the third quarter worth approximately $29,000. Versant Capital Management Inc purchased a new position in shares of Bright Horizons Family Solutions during the 4th quarter valued at approximately $25,000. V Square Quantitative Management LLC acquired a new stake in Bright Horizons Family Solutions in the 3rd quarter valued at $35,000. True Wealth Design LLC purchased a new stake in Bright Horizons Family Solutions in the 3rd quarter worth $49,000. Finally, Quarry LP raised its position in Bright Horizons Family Solutions by 68.3% during the second quarter. Quarry LP now owns 436 shares of the company’s stock worth $48,000 after acquiring an additional 177 shares during the period.

About Bright Horizons Family Solutions

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.