Bright Horizons Family Solutions (NYSE:BFAM) Stock Price Target Lowered at BMO Capital Markets

Bright Horizons Family Solutions (NYSE:BFAM) had its price objective trimmed by BMO Capital Markets from $93.00 to $83.00 in a research report sent to investors on Monday morning, MarketBeat.com reports. The firm currently has an outperform rating on the stock.

BFAM has been the subject of several other research reports. UBS Group boosted their price target on Bright Horizons Family Solutions from $87.00 to $88.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Weiss Ratings reiterated a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, July 29th. Finally, Morgan Stanley decreased their price target on Bright Horizons Family Solutions from $68.00 to $66.00 and set an “underweight” rating on the stock in a report on Wednesday, September 23rd. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $93.50.

Bright Horizons Family Solutions Stock Performance

BFAM stock opened at $64.37 on Monday. Bright Horizons Family Solutions has a 1 year low of $57.63 and a 1 year high of $109.86. The stock’s fifty day moving average price is $70.50 and its 200-day moving average price is $72.38. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.48 and a quick ratio of 0.48. The company has a market cap of $3.13 billion, a P/E ratio of 20.37, a price-to-earnings-growth ratio of 0.98 and a beta of 1.18.

Bright Horizons Family Solutions (NYSE:BFAM) last released its quarterly 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. The business had revenue of $779.18 million during the quarter, compared to the consensus estimate of $774.84 million. Bright Horizons Family Solutions had a return on equity of 20.09% and a net margin of 5.78%.The business’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.07 EPS. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. On average, equities analysts forecast that Bright Horizons Family Solutions will post 4.7 earnings per share for the current year.

Insider Buying and Selling at Bright Horizons Family Solutions

In other news, COO Mary Burke sold 1,200 shares of the firm’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 value of $90,000.00. Following the completion of the sale, the chief operating officer directly owned 30,945 shares of the company’s stock, valued at $2,320,875. This trade represents a 3.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Mary Tocio sold 6,000 shares of Bright Horizons Family Solutions stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $72.65, for a total transaction of $435,900.00. Following the transaction, the director directly owned 14,329 shares of the company’s stock, valued at $1,041,001.85. The trade was a 29.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 8,900 shares of company stock valued at $656,584 in the last quarter. 1.42% of the stock is owned by company insiders.

Hedge Funds Weigh In On Bright Horizons Family Solutions

Hedge funds have recently added to or reduced their stakes in the company. Squarepoint Ops LLC bought a new position in shares of Bright Horizons Family Solutions in the second quarter worth about $3,187,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Bright Horizons Family Solutions in the 2nd quarter worth $11,779,000. Aurora Investment Counsel purchased a new stake in shares of Bright Horizons Family Solutions in the 2nd quarter worth $1,964,000. Giverny Capital Inc. grew its holdings in Bright Horizons Family Solutions by 45.6% during the 2nd quarter. Giverny Capital Inc. now owns 1,080,793 shares of the company’s stock worth $76,607,000 after acquiring an additional 338,464 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in shares of Bright Horizons Family Solutions by 27,305.7% during the first quarter. Fifth Third Bancorp now owns 177,589 shares of the company’s stock valued at $14,585,000 after purchasing an additional 176,941 shares in the last quarter.

Bright Horizons Family Solutions Company Profile

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.