Bright Horizons Family Solutions Inc. (NYSE:BFAM)‘s stock had its “hold” rating reissued by equities research analysts at BMO Capital Markets in a research report issued on Monday.

Several other brokerages have also recently commented on BFAM. Barclays PLC reiterated a “buy” rating on shares of Bright Horizons Family Solutions in a research note on Friday, November 11th. Credit Suisse Group AG restated a “buy” rating and set a $74.00 target price on shares of Bright Horizons Family Solutions in a research report on Friday, September 16th. William Blair cut shares of Bright Horizons Family Solutions from an “outperform” rating to a “market weight” rating in a research report on Wednesday, November 2nd. Zacks Investment Research upgraded shares of Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a research report on Monday, August 8th. Finally, Jefferies Group upgraded shares of Bright Horizons Family Solutions from a “neutral” rating to an “overweight” rating and set a $76.00 target price for the company in a research report on Monday, August 15th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $73.43.

Analyst Recommendations for Bright Horizons Family Solutions (NYSE:BFAM)

Shares of Bright Horizons Family Solutions (NYSE:BFAM) opened at 70.75 on Monday. Bright Horizons Family Solutions has a 1-year low of $59.00 and a 1-year high of $72.06. The stock has a market cap of $4.21 billion, a PE ratio of 42.80 and a beta of 0.17. The stock has a 50 day moving average of $66.19 and a 200 day moving average of $66.39.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its quarterly earnings data on Tuesday, November 1st. The company reported $0.49 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.50 by $0.01. Bright Horizons Family Solutions had a net margin of 6.58% and a return on equity of 16.87%. The company earned $383.90 million during the quarter, compared to analyst estimates of $387.82 million. During the same quarter last year, the business earned $0.43 EPS. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. Equities research analysts forecast that Bright Horizons Family Solutions will post $2.15 EPS for the current year.

In other Bright Horizons Family Solutions news, Director Roger H. Brown sold 37,440 shares of the stock in a transaction on Monday, November 14th. The shares were sold at an average price of $70.07, for a total transaction of $2,623,420.80. Following the sale, the director now directly owns 4,473 shares of the company’s stock, valued at $313,423.11. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Mandy Berman sold 2,250 shares of the stock in a transaction on Tuesday, November 15th. The stock was sold at an average price of $71.61, for a total transaction of $161,122.50. Following the sale, the chief accounting officer now directly owns 43,325 shares in the company, valued at $3,102,503.25. The disclosure for this sale can be found here. Insiders own 4.00% of the company’s stock.

Several hedge funds have recently modified their holdings of BFAM. Stephens Inc. AR raised its position in Bright Horizons Family Solutions by 0.3% in the third quarter. Stephens Inc. AR now owns 2,716 shares of the company’s stock valued at $182,000 after buying an additional 8 shares in the last quarter. Hsbc Holdings PLC raised its position in shares of Bright Horizons Family Solutions by 0.7% in the third quarter. Hsbc Holdings PLC now owns 7,262 shares of the company’s stock worth $486,000 after buying an additional 50 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Bright Horizons Family Solutions by 0.7% in the third quarter. Principal Financial Group Inc. now owns 8,447 shares of the company’s stock worth $565,000 after buying an additional 55 shares in the last quarter. State Board of Administration of Florida Retirement System raised its position in shares of Bright Horizons Family Solutions by 0.5% in the second quarter. State Board of Administration of Florida Retirement System now owns 19,406 shares of the company’s stock worth $1,287,000 after buying an additional 92 shares in the last quarter. Finally, Hanseatic Management Services Inc. raised its position in shares of Bright Horizons Family Solutions by 0.8% in the second quarter. Hanseatic Management Services Inc. now owns 12,419 shares of the company’s stock worth $824,000 after buying an additional 97 shares in the last quarter.

About Bright Horizons Family Solutions

Bright Horizons Family Solutions Inc is a provider of child care, early education and other services. The Company provides services under multi-year contracts with employers offering child care and other dependent care solutions. The Company’s segments include full service center-based care services, back-up dependent care services and other educational advisory services.

5 Day Chart for NYSE:BFAM

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