Bright Horizons Family Solutions Inc. (NYSE:BFAM) Receives Average Rating of “Hold” from Analysts

Bright Horizons Family Solutions Inc. (NYSE:BFAM) has earned an average rating of “Hold” from the eight research firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $126.4286.

Several equities research analysts have commented on the stock. UBS Group dropped their price target on shares of Bright Horizons Family Solutions from $120.00 to $107.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Bright Horizons Family Solutions in a report on Monday, December 29th. The Goldman Sachs Group cut their target price on Bright Horizons Family Solutions from $146.00 to $130.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. JPMorgan Chase & Co. boosted their price target on Bright Horizons Family Solutions from $156.00 to $160.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Finally, Morgan Stanley lowered their price target on Bright Horizons Family Solutions from $99.00 to $93.00 and set an “underweight” rating on the stock in a report on Wednesday, December 17th.

Bright Horizons Family Solutions Stock Performance

Shares of BFAM opened at $85.96 on Friday. The firm has a fifty day moving average of $98.42 and a 200-day moving average of $105.09. The company has a market cap of $4.86 billion, a price-to-earnings ratio of 24.70, a price-to-earnings-growth ratio of 1.08 and a beta of 1.40. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.54 and a current ratio of 0.54. Bright Horizons Family Solutions has a 1 year low of $85.78 and a 1 year high of $132.99.

Institutional Trading of Bright Horizons Family Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Financial Consulate Inc. bought a new position in shares of Bright Horizons Family Solutions in the third quarter valued at approximately $26,000. TruNorth Capital Management LLC acquired a new stake in Bright Horizons Family Solutions in the third quarter worth approximately $28,000. Rothschild Investment LLC lifted its position in Bright Horizons Family Solutions by 6,700.0% in the third quarter. Rothschild Investment LLC now owns 340 shares of the company’s stock worth $37,000 after purchasing an additional 335 shares during the period. SJS Investment Consulting Inc. boosted its stake in Bright Horizons Family Solutions by 9,075.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 367 shares of the company’s stock valued at $40,000 after purchasing an additional 363 shares in the last quarter. Finally, Signaturefd LLC increased its position in shares of Bright Horizons Family Solutions by 34.4% during the 4th quarter. Signaturefd LLC now owns 426 shares of the company’s stock valued at $43,000 after purchasing an additional 109 shares during the period.

Bright Horizons Family Solutions Company Profile

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.