Bright Horizons Family Solutions Inc. (NYSE:BFAM – Get Free Report) gapped up prior to trading on Friday after StockNews.com upgraded the stock from a sell rating to a hold rating. The stock had previously closed at $104.27, but opened at $111.02. Bright Horizons Family Solutions shares last traded at $108.94, with a volume of 121,963 shares traded.
Several other equities research analysts have also recently issued reports on the stock. UBS Group dropped their target price on shares of Bright Horizons Family Solutions from $103.00 to $102.00 and set a “neutral” rating on the stock in a report on Wednesday, February 14th. JPMorgan Chase & Co. raised their price target on Bright Horizons Family Solutions from $107.00 to $119.00 and gave the stock an “overweight” rating in a research note on Friday. Robert W. Baird lifted their price objective on Bright Horizons Family Solutions from $105.00 to $115.00 and gave the stock a “neutral” rating in a report on Friday. The Goldman Sachs Group increased their target price on Bright Horizons Family Solutions from $108.00 to $123.00 and gave the company a “buy” rating in a report on Wednesday, April 10th. Finally, Barclays upgraded Bright Horizons Family Solutions from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $100.00 to $125.00 in a research note on Wednesday, February 28th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Bright Horizons Family Solutions currently has a consensus rating of “Hold” and a consensus target price of $106.63.
View Our Latest Report on Bright Horizons Family Solutions
Insiders Place Their Bets
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Riverview Trust Co bought a new position in Bright Horizons Family Solutions during the first quarter valued at $25,000. Principal Securities Inc. purchased a new stake in shares of Bright Horizons Family Solutions during the 4th quarter valued at about $38,000. YHB Investment Advisors Inc. bought a new position in shares of Bright Horizons Family Solutions in the 1st quarter valued at about $40,000. Signaturefd LLC grew its position in Bright Horizons Family Solutions by 102.2% in the third quarter. Signaturefd LLC now owns 653 shares of the company’s stock worth $53,000 after acquiring an additional 330 shares in the last quarter. Finally, Eagle Bay Advisors LLC increased its stake in Bright Horizons Family Solutions by 120.2% during the fourth quarter. Eagle Bay Advisors LLC now owns 1,240 shares of the company’s stock worth $117,000 after acquiring an additional 677 shares during the last quarter.
Bright Horizons Family Solutions Stock Performance
The firm has a market capitalization of $6.45 billion, a PE ratio of 78.33, a P/E/G ratio of 4.01 and a beta of 1.38. The business has a 50-day simple moving average of $111.11 and a 200-day simple moving average of $98.80. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.56 and a quick ratio of 0.56.
Bright Horizons Family Solutions (NYSE:BFAM – Get Free Report) last released its quarterly earnings results on Tuesday, February 13th. The company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.12. The firm 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 3.34% and a return on equity of 12.14%. Equities research analysts expect that Bright Horizons Family Solutions Inc. will post 2.69 earnings per share for the current fiscal year.
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.
Featured Stories
- Five stocks we like better than Bright Horizons Family Solutions
- Technology Stocks Explained: Here’s What to Know About Tech
- MarketBeat Week in Review – 4/29 – 5/3
- What Are Dividend Contenders? Investing in Dividend Contenders
- Apple’s Earnings Show Investors Its Strength and Its Weakness
- What is a buyback in stocks? A comprehensive guide for investors
- Bargain Alert: 3 Large Caps With Extremely Oversold RSIs
Receive News & Ratings for Bright Horizons Family Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bright Horizons Family Solutions and related companies with MarketBeat.com's FREE daily email newsletter.