Morgan Stanley Cuts Bright Horizons Family Solutions (NYSE:BFAM) Price Target to $66.00

Bright Horizons Family Solutions (NYSE:BFAM) had its target price decreased by Morgan Stanley from $68.00 to $66.00 in a research report released on Wednesday morning, Marketbeat reports. Morgan Stanley currently has an underweight rating on the stock.

Other equities research analysts have also recently issued reports about the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, July 29th. UBS Group upped their price target on Bright Horizons Family Solutions from $87.00 to $88.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $95.62.

Bright Horizons Family Solutions Trading Down 0.6%

Shares of NYSE BFAM opened at $65.93 on Wednesday. Bright Horizons Family Solutions has a 1-year low of $57.63 and a 1-year high of $109.86. The company has a 50-day moving average of $71.85 and a two-hundred day moving average of $72.95. The company has a market cap of $3.21 billion, a PE ratio of 20.86, a P/E/G ratio of 1.01 and a beta of 1.15. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 1.14.

Bright Horizons Family Solutions (NYSE:BFAM) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.20 by $0.08. Bright Horizons Family Solutions had a net margin of 5.78% and a return on equity of 20.09%. The business had revenue of $779.18 million for the quarter, compared to analysts’ expectations of $774.84 million. During the same period in the prior year, the firm earned $1.07 earnings per share. Bright Horizons Family Solutions’s revenue was up 6.4% compared to the same quarter last year. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. As a group, equities analysts expect that Bright Horizons Family Solutions will post 4.7 earnings per share for the current fiscal year.

Insider Activity at Bright Horizons Family Solutions

In other Bright Horizons Family Solutions news, COO Mary Burke sold 1,200 shares of Bright Horizons Family Solutions stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $75.00, for a total transaction of $90,000.00. Following the completion of the sale, the chief operating officer owned 30,945 shares of the company’s stock, valued at approximately $2,320,875. The trade was a 3.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mary Tocio sold 6,000 shares of the company’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $72.65, for a total transaction of $435,900.00. Following the sale, the director owned 14,329 shares of the company’s stock, valued at $1,041,001.85. The trade was a 29.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 8,900 shares of company stock worth $656,584 over the last 90 days. 1.42% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Bright Horizons Family Solutions

A number of institutional investors have recently made changes to their positions in the stock. AG Campbell Advisory LLC acquired a new position in Bright Horizons Family Solutions in the fourth quarter valued at about $41,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Bright Horizons Family Solutions during the second quarter worth about $29,000. State of Wyoming acquired a new position in shares of Bright Horizons Family Solutions during the 1st quarter worth about $60,000. Harvest Fund Management Co. Ltd grew its position in shares of Bright Horizons Family Solutions by 499.3% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 821 shares of the company’s stock worth $83,000 after buying an additional 684 shares during the period. Finally, Eurizon Capital SGR S.p.A. bought a new stake in shares of Bright Horizons Family Solutions in the 4th quarter valued at about $109,000.

Bright Horizons Family Solutions Company Profile

Bright Horizons Family Solutions Inc provides employer-sponsored child care and workforce-support services. The company operates early education and preschool centers, offering full-day care and educational programs for infants, toddlers, preschoolers and school-age children. It also provides back-up care services, including center-based and in-home care, to help employees manage disruptions in their regular care arrangements.

In addition to child care, Bright Horizons offers educational advisory services, college and university admissions counseling, and other family-support programs.