Bright Horizons Family Solutions (NYSE:BFAM) Hits New 12-Month Low – Here’s Why

Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $63.66 and last traded at $63.7720, with a volume of 87026 shares traded. The stock had previously closed at $65.06.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on BFAM shares. Robert W. Baird set a $100.00 target price on Bright Horizons Family Solutions in a research note on Friday, February 13th. UBS Group dropped their price objective on Bright Horizons Family Solutions from $93.00 to $88.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Weiss Ratings downgraded Bright Horizons Family Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. dropped their price objective on Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Finally, Morgan Stanley set a $70.00 price objective on Bright Horizons Family Solutions in a research note on Friday, February 13th. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $100.44.

Bright Horizons Family Solutions Stock Down 3.1%

The stock has a market capitalization of $3.32 billion, a PE ratio of 18.99, a P/E/G ratio of 1.16 and a beta of 1.28. The firm has a 50 day moving average of $77.42 and a two-hundred day moving average of $87.12. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 0.78.

Bright Horizons Family Solutions (NYSE:BFAM) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.03. The firm had revenue of $712.22 million during the quarter, compared to the consensus estimate of $713.35 million. Bright Horizons Family Solutions had a return on equity of 18.01% and a net margin of 6.35%.Bright Horizons Family Solutions’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period last year, the business posted $0.77 EPS. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. Equities research analysts anticipate that Bright Horizons Family Solutions Inc. will post 4.64 earnings per share for the current year.

Hedge Funds Weigh In On Bright Horizons Family Solutions

Several hedge funds have recently bought and sold shares of BFAM. NewEdge Advisors LLC increased its position in Bright Horizons Family Solutions by 24.1% during the first quarter. NewEdge Advisors LLC now owns 6,750 shares of the company’s stock worth $858,000 after buying an additional 1,312 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Bright Horizons Family Solutions by 149.1% during the first quarter. Goldman Sachs Group Inc. now owns 614,293 shares of the company’s stock worth $78,040,000 after buying an additional 367,711 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Bright Horizons Family Solutions by 12.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 195,119 shares of the company’s stock worth $24,788,000 after buying an additional 20,859 shares in the last quarter. Jane Street Group LLC increased its position in Bright Horizons Family Solutions by 646.2% during the first quarter. Jane Street Group LLC now owns 59,643 shares of the company’s stock worth $7,577,000 after buying an additional 51,650 shares in the last quarter. Finally, Focus Partners Wealth increased its position in Bright Horizons Family Solutions by 70.5% during the first quarter. Focus Partners Wealth now owns 4,516 shares of the company’s stock worth $574,000 after buying an additional 1,868 shares in the last quarter.

Bright Horizons Family Solutions Company Profile

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.