Bright Horizons Family Solutions (NYSE:BFAM) Announces Quarterly Earnings Results

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) announced its earnings results on Thursday. The company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.03), Zacks reports. Bright Horizons Family Solutions had a return on equity of 13.23% and a net margin of 4.44%. Bright Horizons Family Solutions updated its FY 2025 guidance to 3.950-4.150 EPS.

Bright Horizons Family Solutions Stock Performance

Shares of BFAM stock traded up $9.52 on Monday, hitting $128.51. The company had a trading volume of 1,115,353 shares, compared to its average volume of 371,693. The firm has a market cap of $7.48 billion, a P/E ratio of 64.58 and a beta of 1.45. The company has a 50-day moving average price of $115.50 and a 200-day moving average price of $124.68. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.66. Bright Horizons Family Solutions has a twelve month low of $100.59 and a twelve month high of $141.90.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on BFAM. The Goldman Sachs Group dropped their target price on Bright Horizons Family Solutions from $162.00 to $142.00 and set a "buy" rating on the stock in a research note on Friday, December 27th. Morgan Stanley dropped their price target on Bright Horizons Family Solutions from $102.00 to $100.00 and set an "underweight" rating on the stock in a research note on Tuesday, February 11th. Jefferies Financial Group dropped their price target on Bright Horizons Family Solutions from $155.00 to $132.00 and set a "buy" rating on the stock in a research note on Thursday, January 23rd. UBS Group dropped their price target on Bright Horizons Family Solutions from $148.00 to $130.00 and set a "neutral" rating on the stock in a research note on Friday, January 24th. Finally, Baird R W upgraded Bright Horizons Family Solutions from a "hold" rating to a "strong-buy" rating in a research note on Friday, November 22nd. One analyst has rated the stock with a sell rating, three have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $135.33.

Insider Activity

In related news, Director Mary Ann Tocio sold 5,000 shares of the company's stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $114.71, for a total value of $573,550.00. Following the completion of the transaction, the director now owns 25,257 shares of the company's stock, valued at approximately $2,897,230.47. This represents a 16.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.22% of the company's stock.

About Bright Horizons Family Solutions

Bright Horizons Family Solutions Inc provides early education and childcare, back-up care, educational advisory, and other workplace solutions services for employers and families in the United States, Puerto Rico, the United Kingdom, the Netherlands, Australia, and India. The company operates in three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory and Other Services.