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

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 changing hands. The stock had previously closed at $65.06.

Analysts Set New Price Targets

A number of analysts recently issued reports on BFAM shares. BMO Capital Markets decreased their target price on Bright Horizons Family Solutions from $124.00 to $100.00 and set an “outperform” rating for the company in a research report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft set a $99.00 target price on Bright Horizons Family Solutions and gave the company a “hold” rating in a research report on Friday, February 13th. Robert W. Baird set a $100.00 target price on Bright Horizons Family Solutions in a research report on Friday, February 13th. UBS Group decreased 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 report on Wednesday, May 6th. Finally, Barclays decreased their price objective on Bright Horizons Family Solutions from $160.00 to $95.00 and set an “overweight” rating for the company in a research report on Tuesday, February 17th. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Bright Horizons Family Solutions has a consensus rating of “Hold” and a consensus target price of $100.44.

Bright Horizons Family Solutions Stock Down 3.1%

The business has a 50-day simple moving average of $77.42 and a two-hundred day simple moving average of $87.12. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.46 and a current ratio of 0.46. The company has a market capitalization of $3.32 billion, a price-to-earnings ratio of 18.99, a PEG ratio of 1.16 and a beta of 1.28.

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

Hedge Funds Weigh In On Bright Horizons Family Solutions

A number of large investors have recently modified their holdings of BFAM. NewEdge Advisors LLC raised its stake in shares of Bright Horizons Family Solutions by 24.1% during the 1st 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. raised its stake in shares of Bright Horizons Family Solutions by 149.1% during the 1st 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 raised its stake in shares of Bright Horizons Family Solutions by 12.0% during the 1st 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 raised its stake in shares of Bright Horizons Family Solutions by 646.2% during the 1st 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 raised its stake in shares of Bright Horizons Family Solutions by 70.5% during the 1st 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.

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.