Bright Horizons Family Solutions (NYSE:BFAM) Trading Up 3.5% – Here’s Why

Bright Horizons Family Solutions Inc. (NYSE:BFAM)’s stock price rose 3.5% on Wednesday . The stock traded as high as $67.13 and last traded at $67.2650. 392,238 shares changed hands during trading, a decline of 61% from the average session volume of 995,966 shares. The stock had previously closed at $64.96.

Analysts Set New Price Targets

A number of analysts recently issued reports on BFAM shares. Morgan Stanley lowered their price target on shares of Bright Horizons Family Solutions from $68.00 to $66.00 and set an “underweight” rating on the stock in a report on Wednesday. UBS Group upped their price objective on shares of Bright Horizons Family Solutions from $87.00 to $88.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, July 29th. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $95.62.

Bright Horizons Family Solutions Price Performance

The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 1.14. The firm has a market capitalization of $3.24 billion, a PE ratio of 21.05, a PEG ratio of 0.97 and a beta of 1.15. The stock has a 50-day moving average price of $72.40 and a 200 day moving average price of $73.16.

Bright Horizons Family Solutions (NYSE:BFAM) last announced 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 for the quarter, compared to analyst estimates of $774.84 million. During the same quarter last year, the firm posted $1.07 EPS. The business’s revenue was up 6.4% on a year-over-year basis. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. Equities analysts forecast that Bright Horizons Family Solutions Inc. will post 4.7 EPS for the current fiscal year.

Insider Buying and Selling at Bright Horizons Family Solutions

In related news, Director Mary Tocio sold 6,000 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $72.65, for a total value of $435,900.00. Following the transaction, the director directly owned 14,329 shares of the company’s stock, valued at approximately $1,041,001.85. This trade represents a 29.51% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Mary Burke sold 1,200 shares of Bright Horizons Family Solutions stock in a transaction dated 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 owned 30,945 shares in the company, valued at approximately $2,320,875. The trade was a 3.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 8,900 shares of company stock worth $656,584. Insiders own 1.42% of the company’s stock.

Hedge Funds Weigh In On Bright Horizons Family Solutions

Several hedge funds and other institutional investors have recently made changes to their positions in BFAM. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Bright Horizons Family Solutions during the second quarter worth approximately $11,779,000. Aurora Investment Counsel purchased a new position in Bright Horizons Family Solutions in the 2nd quarter valued at $1,964,000. Squarepoint Ops LLC acquired a new stake in Bright Horizons Family Solutions during the 2nd quarter worth $3,187,000. Fifth Third Bancorp boosted its stake in Bright Horizons Family Solutions by 27,305.7% during the 1st quarter. Fifth Third Bancorp now owns 177,589 shares of the company’s stock worth $14,585,000 after purchasing an additional 176,941 shares during the last quarter. Finally, Deutsche Bank AG purchased a new stake in shares of Bright Horizons Family Solutions during the second quarter worth $22,078,000.

About Bright Horizons Family Solutions

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.