Bright Horizons Family Solutions (NYSE:BFAM) Price Target Cut to $87.00 by Analysts at UBS Group

Bright Horizons Family Solutions (NYSE:BFAMFree Report) had its target price decreased by UBS Group from $88.00 to $87.00 in a research note published on Friday morning, MarketBeat Ratings reports. UBS Group currently has a neutral rating on the stock.

Several other brokerages also recently commented on BFAM. Weiss Ratings downgraded shares of Bright Horizons Family Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. cut their price target on shares of Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $96.00.

Read Our Latest Stock Report on BFAM

Bright Horizons Family Solutions Trading Up 0.6%

NYSE BFAM opened at $76.49 on Friday. The firm has a market cap of $4.02 billion, a PE ratio of 23.04, a price-to-earnings-growth ratio of 1.30 and a beta of 1.15. Bright Horizons Family Solutions has a 1-year low of $57.63 and a 1-year high of $130.76. The stock has a 50-day moving average of $67.98 and a 200-day moving average of $78.46. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 0.78.

Bright Horizons Family Solutions (NYSE:BFAMGet Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $712.22 million for the quarter, compared to analyst estimates of $713.35 million. During the same period last year, the company earned $0.77 EPS. Bright Horizons Family Solutions’s revenue for the quarter was up 7.0% compared to the same quarter last year. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. As a group, sell-side analysts forecast that Bright Horizons Family Solutions will post 4.64 EPS for the current year.

Institutional Investors Weigh In On Bright Horizons Family Solutions

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its holdings 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 acquiring an additional 1,312 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Bright Horizons Family Solutions by 149.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 614,293 shares of the company’s stock valued at $78,040,000 after purchasing an additional 367,711 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Bright Horizons Family Solutions by 12.0% in 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 purchasing an additional 20,859 shares during the period. Jane Street Group LLC increased its position 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 valued at $7,577,000 after purchasing an additional 51,650 shares during the last quarter. Finally, Focus Partners Wealth increased its position 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 valued at $574,000 after purchasing an additional 1,868 shares during the last quarter.

Bright Horizons Family Solutions Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Bright Horizons Family Solutions (NYSE:BFAM)

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