Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) have been given a consensus rating of “Buy” by the ten ratings firms that are currently covering the firm. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $72.80.

BFAM has been the topic of several research analyst reports. JPMorgan Chase & Co. upgraded Bright Horizons Family Solutions from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $70.00 to $76.00 in a research note on Monday, August 15th. William Blair lowered Bright Horizons Family Solutions from an “outperform” rating to a “market weight” rating in a research note on Wednesday, November 2nd. Jefferies Group upgraded Bright Horizons Family Solutions from a “neutral” rating to an “overweight” rating and set a $76.00 target price on the stock in a research note on Monday, August 15th. Zacks Investment Research lowered Bright Horizons Family Solutions from a “hold” rating to a “sell” rating in a research note on Monday, November 7th. Finally, Credit Suisse Group AG reiterated a “buy” rating and set a $74.00 target price on shares of Bright Horizons Family Solutions in a research note on Friday, September 16th.

In other Bright Horizons Family Solutions news, insider Danroy T. Sr Henry, Sr. sold 7,500 shares of the firm’s stock in a transaction on Monday, August 22nd. The stock was sold at an average price of $69.00, for a total value of $517,500.00. Following the sale, the insider now owns 7,500 shares of the company’s stock, valued at approximately $517,500. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Mandy Berman sold 2,250 shares of the firm’s stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $71.61, for a total value of $161,122.50. Following the completion of the sale, the chief accounting officer now directly owns 43,325 shares in the company, valued at approximately $3,102,503.25. The disclosure for this sale can be found here. Corporate insiders own 4.00% of the company’s stock.

Several large investors have recently added to or reduced their stakes in BFAM. Stephens Inc. AR increased its stake 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 during the period. Hsbc Holdings PLC increased its stake in Bright Horizons Family Solutions by 0.7% in the third quarter. Hsbc Holdings PLC now owns 7,262 shares of the company’s stock valued at $486,000 after buying an additional 50 shares during the period. Principal Financial Group Inc. increased its stake in 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 valued at $565,000 after buying an additional 55 shares during the period. State Board of Administration of Florida Retirement System increased its stake in 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 valued at $1,287,000 after buying an additional 92 shares during the period. Finally, Hanseatic Management Services Inc. increased its stake in 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 valued at $824,000 after buying an additional 97 shares during the period.

Bright Horizons Family Solutions (NYSE:BFAM) opened at 70.80 on Monday. The firm has a 50-day moving average price of $66.52 and a 200 day moving average price of $66.51. Bright Horizons Family Solutions has a 12 month low of $59.00 and a 12 month high of $72.80. The company has a market cap of $4.21 billion, a P/E ratio of 42.83 and a beta of 0.17.

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

Bright Horizons Family Solutions Company Profile

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

Receive News & Stock Ratings for Bright Horizons Family Solutions Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bright Horizons Family Solutions Inc. and related stocks with our FREE daily email newsletter.