BMO Capital Markets Cuts Bright Horizons Family Solutions (NYSE:BFAM) Price Target to $83.00

Bright Horizons Family Solutions (NYSE:BFAM) had its price objective cut by BMO Capital Markets from $93.00 to $83.00 in a report issued on Monday morning, Marketbeat.com reports. They currently have an outperform rating on the stock.

A number of other equities analysts also recently commented on BFAM. Morgan Stanley lowered their price objective on Bright Horizons Family Solutions from $68.00 to $66.00 and set an “underweight” rating for the company in a research report on Wednesday, September 23rd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a report on Wednesday, July 29th. Finally, UBS Group lifted 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 research note on Friday, July 31st. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $93.50.

Bright Horizons Family Solutions Stock Up 0.6%

Bright Horizons Family Solutions stock opened at $66.84 on Monday. The firm has a market capitalization of $3.25 billion, a P/E ratio of 21.15, a P/E/G ratio of 1.02 and a beta of 1.18. 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 has a twelve month low of $57.63 and a twelve month high of $109.86. The stock’s fifty day simple moving average is $69.90 and its 200-day simple moving average is $72.24.

Bright Horizons Family Solutions (NYSE:BFAM) last released its earnings results on Thursday, July 30th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.08. Bright Horizons Family Solutions had a return on equity of 20.09% and a net margin of 5.78%.The firm had revenue of $779.18 million during the quarter, compared to analyst estimates of $774.84 million. During the same period last year, the business posted $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

In related news, COO Mary Burke sold 1,200 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was 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 in the company, valued at $2,320,875. The trade was a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mary Tocio sold 6,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $72.65, for a total value of $435,900.00. Following the sale, the director owned 14,329 shares of the company’s stock, valued at approximately $1,041,001.85. The trade was a 29.51% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 8,900 shares of company stock valued at $656,584. Insiders own 1.42% of the company’s stock.

Hedge Funds Weigh In On Bright Horizons Family Solutions

Several hedge funds have recently added to or reduced their stakes in BFAM. AG Campbell Advisory LLC purchased a new stake in shares of Bright Horizons Family Solutions during the 4th quarter worth approximately $41,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Bright Horizons Family Solutions in the 2nd quarter valued at $29,000. State of Wyoming acquired a new stake in Bright Horizons Family Solutions during the 1st quarter worth $60,000. Versant Capital Management Inc raised its stake in Bright Horizons Family Solutions by 3,055.6% during the 3rd quarter. Versant Capital Management Inc now owns 852 shares of the company’s stock worth $54,000 after acquiring an additional 825 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in Bright Horizons Family Solutions during the 2nd quarter worth $87,000.

About Bright Horizons Family Solutions

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.