Shares of Bright Horizons Family Solutions Inc (NYSE:BFAM) have been assigned an average recommendation of “Buy” from the eight ratings firms that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $127.00.

BFAM has been the topic of a number of recent research reports. Zacks Investment Research raised Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $146.00 price objective on the stock in a research note on Monday, May 6th. Bank of America reissued a “neutral” rating and set a $123.00 price objective (up previously from $115.00) on shares of Bright Horizons Family Solutions in a research note on Wednesday, February 13th. BMO Capital Markets boosted their price objective on Bright Horizons Family Solutions from $120.00 to $122.00 and gave the stock a “market perform” rating in a research note on Wednesday, February 13th. ValuEngine raised Bright Horizons Family Solutions from a “hold” rating to a “buy” rating in a research note on Friday, February 8th. Finally, Citigroup boosted their price objective on Bright Horizons Family Solutions from $117.00 to $126.00 and gave the stock a “neutral” rating in a research note on Friday, March 1st.

In other Bright Horizons Family Solutions news, EVP Stephen I. Dreier sold 4,496 shares of Bright Horizons Family Solutions stock in a transaction on Wednesday, April 3rd. The stock was sold at an average price of $127.75, for a total value of $574,364.00. Following the sale, the executive vice president now owns 69,784 shares in the company, valued at $8,914,906. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Stephen I. Dreier sold 443 shares of Bright Horizons Family Solutions stock in a transaction on Monday, April 1st. The shares were sold at an average price of $127.75, for a total value of $56,593.25. Following the completion of the sale, the executive vice president now owns 69,784 shares in the company, valued at approximately $8,914,906. The disclosure for this sale can be found here. Insiders have sold 76,216 shares of company stock worth $9,469,461 in the last three months. 1.90% of the stock is currently owned by corporate insiders.

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc raised its position in Bright Horizons Family Solutions by 2.6% in the third quarter. Vanguard Group Inc now owns 5,004,064 shares of the company’s stock valued at $589,678,000 after purchasing an additional 126,335 shares during the period. BlackRock Inc. raised its position in Bright Horizons Family Solutions by 3.2% in the first quarter. BlackRock Inc. now owns 3,033,227 shares of the company’s stock valued at $385,552,000 after purchasing an additional 95,060 shares during the period. Massachusetts Financial Services Co. MA raised its position in Bright Horizons Family Solutions by 10.9% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,888,688 shares of the company’s stock valued at $210,494,000 after purchasing an additional 186,139 shares during the period. Neuberger Berman Group LLC raised its position in Bright Horizons Family Solutions by 9.4% in the first quarter. Neuberger Berman Group LLC now owns 1,734,443 shares of the company’s stock valued at $220,465,000 after purchasing an additional 148,453 shares during the period. Finally, JPMorgan Chase & Co. raised its position in Bright Horizons Family Solutions by 9.8% in the third quarter. JPMorgan Chase & Co. now owns 1,352,107 shares of the company’s stock valued at $159,333,000 after purchasing an additional 120,932 shares during the period. Institutional investors own 97.81% of the company’s stock.

BFAM traded up $0.66 during trading on Friday, hitting $131.72. The company’s stock had a trading volume of 241 shares, compared to its average volume of 187,012. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 1.24. Bright Horizons Family Solutions has a twelve month low of $97.74 and a twelve month high of $132.79. The firm has a market cap of $7.46 billion, a P/E ratio of 43.08, a PEG ratio of 3.57 and a beta of 0.33.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings results on Tuesday, April 30th. The company reported $0.81 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.02. The firm had revenue of $501.76 million for the quarter, compared to analyst estimates of $497.24 million. Bright Horizons Family Solutions had a return on equity of 23.38% and a net margin of 8.38%. The business’s revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.72 earnings per share. Equities research analysts forecast that Bright Horizons Family Solutions will post 3.39 EPS for the current year.

About Bright Horizons Family Solutions

Bright Horizons Family Solutions Inc provides child care and early education, back-up care, and educational advisory services for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory Services. The Full Service Center-Based Child Care segment offers traditional center-based child care, preschool, and elementary education services.

See Also: Retained Earnings

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

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.