BMO Capital Markets Issues Pessimistic Forecast for Bright Horizons Family Solutions (NYSE:BFAM) Stock Price

Bright Horizons Family Solutions (NYSE:BFAM – Get Free Report) had its price target reduced by investment analysts at BMO Capital Markets from $93.00 to $83.00 in a note issued to investors on Monday, Marketbeat Ratings reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price objective would suggest a potential upside of 24.99% from the stock’s previous close.

Other research analysts also recently issued reports about the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, July 29th. UBS Group raised their price target on shares of Bright Horizons Family Solutions from $87.00 to $88.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Finally, Morgan Stanley decreased their price objective on shares of Bright Horizons Family Solutions from $68.00 to $66.00 and set an “underweight” rating on the stock in a research report on Wednesday, September 23rd. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $93.50.

Get Our Latest Stock Report on Bright Horizons Family Solutions

Bright Horizons Family Solutions Price Performance

BFAM opened at $66.41 on Monday. The stock’s 50 day simple moving average is $70.21 and its 200 day simple moving average is $72.31. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.48 and a quick ratio of 0.48. Bright Horizons Family Solutions has a 1 year low of $57.63 and a 1 year high of $109.86. The firm has a market cap of $3.23 billion, a price-to-earnings ratio of 21.01, a PEG ratio of 0.98 and a beta of 1.18.

Bright Horizons Family Solutions (NYSE:BFAM – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.08. The firm had revenue of $779.18 million during the quarter, compared to the consensus estimate of $774.84 million. Bright Horizons Family Solutions had a return on equity of 20.09% and a net margin of 5.78%.The business’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.07 earnings per share. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. As a group, analysts predict that Bright Horizons Family Solutions will post 4.7 earnings per share for the current year.

Insider Activity

In related news, Director Mary Tocio sold 6,000 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $72.65, for a total transaction of $435,900.00. Following the transaction, the director owned 14,329 shares in the company, valued at $1,041,001.85. The trade was a 29.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Mary Burke sold 1,200 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $75.00, for a total transaction of $90,000.00. Following the transaction, the chief operating officer owned 30,945 shares in the company, valued at $2,320,875. This represents a 3.73% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 8,900 shares of company stock valued at $656,584. Corporate insiders own 1.42% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of Bright Horizons Family Solutions during the second quarter valued at approximately $452,317,000. Capital World Investors raised its holdings in Bright Horizons Family Solutions by 16.9% in the fourth quarter. Capital World Investors now owns 1,779,738 shares of the company’s stock worth $180,465,000 after purchasing an additional 257,813 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Bright Horizons Family Solutions by 31.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,334,650 shares of the company’s stock worth $109,611,000 after purchasing an additional 316,919 shares in the last quarter. Conestoga Capital Advisors LLC lifted its position in Bright Horizons Family Solutions by 17.5% during the first quarter. Conestoga Capital Advisors LLC now owns 1,293,146 shares of the company’s stock valued at $106,206,000 after buying an additional 192,343 shares during the period. Finally, Bamco Inc. NY lifted its position in Bright Horizons Family Solutions by 7.9% during the fourth quarter. Bamco Inc. NY now owns 1,013,488 shares of the company’s stock valued at $102,768,000 after buying an additional 74,526 shares during the period.

Bright Horizons Family Solutions Company Profile

(Get Free Report)

Bright Horizons Family Solutions Inc (NYSE: BFAM) provides employer-sponsored child care and workforce-support services. Its offerings include full-service, center-based early education and preschool programs, back-up care for children and adults, and related family support services designed to help employees manage work and caregiving responsibilities.

The company also provides educational advisory services, including college admissions counseling, academic support and related guidance for families.

Further Reading

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

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