Bright Horizons Family Solutions (NYSE:BFAM) had its price objective hoisted by Citigroup to $107.00 in a report issued on Monday morning, The Fly reports. Citigroup currently has a buy rating on the stock.

Other equities research analysts have also recently issued reports about the company. Zacks Investment Research cut Bright Horizons Family Solutions from a buy rating to a hold rating in a report on Friday, December 8th. BMO Capital Markets reaffirmed a hold rating and issued a $98.00 target price on shares of Bright Horizons Family Solutions in a report on Wednesday, January 17th. Robert W. Baird reaffirmed a hold rating on shares of Bright Horizons Family Solutions in a report on Friday, November 3rd. Royal Bank of Canada reaffirmed a buy rating on shares of Bright Horizons Family Solutions in a report on Friday, February 9th. Finally, Barclays reaffirmed a buy rating and issued a $105.00 target price on shares of Bright Horizons Family Solutions in a report on Wednesday, December 27th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of $100.13.

Shares of Bright Horizons Family Solutions (NYSE:BFAM) opened at $95.94 on Monday. Bright Horizons Family Solutions has a twelve month low of $67.57 and a twelve month high of $98.84. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.49 and a quick ratio of 0.49. The stock has a market capitalization of $5,521.06, a PE ratio of 37.04, a PEG ratio of 2.19 and a beta of 0.15.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its earnings results on Thursday, February 8th. The company reported $0.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.04. Bright Horizons Family Solutions had a return on equity of 20.75% and a net margin of 9.02%. The firm had revenue of $440.00 million for the quarter, compared to analysts’ expectations of $438.99 million. During the same period in the previous year, the firm posted $0.56 earnings per share. The business’s revenue was up 10.4% compared to the same quarter last year. research analysts anticipate that Bright Horizons Family Solutions will post 2.83 EPS for the current fiscal year.

In related news, Director Mary Ann Tocio sold 3,600 shares of Bright Horizons Family Solutions stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $93.16, for a total value of $335,376.00. Following the completion of the transaction, the director now owns 64,218 shares in the company, valued at $5,982,548.88. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Stephen I. Dreier sold 1,141 shares of Bright Horizons Family Solutions stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $94.00, for a total value of $107,254.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 41,348 shares of company stock valued at $3,953,265. 2.90% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. American International Group Inc. purchased a new position in shares of Bright Horizons Family Solutions during the fourth quarter valued at approximately $120,000. Zions Bancorporation purchased a new position in shares of Bright Horizons Family Solutions during the third quarter valued at approximately $170,000. Advisor Group Inc. boosted its position in shares of Bright Horizons Family Solutions by 213.6% during the second quarter. Advisor Group Inc. now owns 1,988 shares of the company’s stock valued at $152,000 after buying an additional 1,354 shares during the period. Eagle Boston Investment Management Inc. purchased a new position in shares of Bright Horizons Family Solutions during the fourth quarter valued at approximately $205,000. Finally, Keybank National Association OH purchased a new position in shares of Bright Horizons Family Solutions during the third quarter valued at approximately $221,000. Institutional investors own 98.05% of the company’s stock.

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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 as part of their employee benefits packages. Its segments include full service center-based care services, back-up dependent care services and other educational advisory services.

The Fly

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

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