Brokerages Set Bright Horizons Family Solutions Inc. (NYSE:BFAM) PT at $128.29

Bright Horizons Family Solutions Inc. (NYSE:BFAM) has earned a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $128.2857.

Several research firms recently issued reports on BFAM. Robert W. Baird set a $136.00 price objective on shares of Bright Horizons Family Solutions in a report on Friday, October 31st. Wall Street Zen downgraded Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, November 30th. BMO Capital Markets reiterated an “outperform” rating and issued a $124.00 price objective on shares of Bright Horizons Family Solutions in a research note on Friday, October 31st. The Goldman Sachs Group decreased their target price on Bright Horizons Family Solutions from $146.00 to $130.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Finally, UBS Group lifted their price target on Bright Horizons Family Solutions from $112.00 to $120.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st.

Bright Horizons Family Solutions Stock Performance

Shares of NYSE BFAM opened at $96.16 on Tuesday. The business’s 50-day simple moving average is $101.00 and its 200-day simple moving average is $107.65. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.54 and a current ratio of 0.54. Bright Horizons Family Solutions has a 52 week low of $91.49 and a 52 week high of $132.99. The firm has a market cap of $5.44 billion, a price-to-earnings ratio of 27.63, a P/E/G ratio of 1.17 and a beta of 1.41.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its earnings results on Thursday, October 30th. The company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.25. Bright Horizons Family Solutions had a return on equity of 17.07% and a net margin of 6.98%.The firm had revenue of $802.81 million during the quarter, compared to analysts’ expectations of $781.16 million. During the same quarter in the prior year, the business earned $1.11 earnings per share. The company’s revenue was up 11.6% on a year-over-year basis. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.480-4.530 EPS. As a group, equities research analysts expect that Bright Horizons Family Solutions will post 3.61 earnings per share for the current fiscal year.

Institutional Trading of Bright Horizons Family Solutions

A number of hedge funds have recently bought and sold shares of BFAM. Artisan Partners Limited Partnership increased its holdings in shares of Bright Horizons Family Solutions by 10.4% during the 2nd quarter. Artisan Partners Limited Partnership now owns 1,797,368 shares of the company’s stock worth $222,137,000 after purchasing an additional 168,891 shares during the period. Capital World Investors increased its stake in Bright Horizons Family Solutions by 10.4% during the third quarter. Capital World Investors now owns 1,521,925 shares of the company’s stock valued at $165,235,000 after acquiring an additional 143,861 shares during the period. State Street Corp increased its stake in Bright Horizons Family Solutions by 1.5% during the second quarter. State Street Corp now owns 1,014,845 shares of the company’s stock valued at $125,425,000 after acquiring an additional 15,296 shares during the period. Dimensional Fund Advisors LP raised its holdings in Bright Horizons Family Solutions by 5.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 987,547 shares of the company’s stock valued at $107,218,000 after acquiring an additional 55,028 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Bright Horizons Family Solutions by 20.6% during the 3rd quarter. AQR Capital Management LLC now owns 960,690 shares of the company’s stock worth $103,476,000 after purchasing an additional 164,039 shares in the last quarter.

About Bright Horizons Family Solutions

Bright Horizons Family Solutions, Inc (NYSE: BFAM) is a leading provider of employer-sponsored child care and early education services, offering a range of solutions designed to support working families and organizations. Through a network of on-site, near-site and center-based programs, the company partners with corporate and nonprofit clients to deliver infant, toddler, preschool and school-age care. Services emphasize age-appropriate curriculum, developmental milestones and community engagement to ensure high-quality learning experiences.