News articles about Bright Horizons Family Solutions (NYSE:BFAM) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bright Horizons Family Solutions earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.0237106332461 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
BFAM has been the subject of several research analyst reports. BidaskClub raised shares of Bright Horizons Family Solutions from a “buy” rating to a “strong-buy” rating in a research note on Thursday, September 28th. Barclays lifted their price target on shares of Bright Horizons Family Solutions from $80.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, October 2nd. Zacks Investment Research downgraded shares of Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. BMO Capital Markets reaffirmed a “hold” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, October 25th. Finally, Credit Suisse Group lifted their price target on shares of Bright Horizons Family Solutions from $83.00 to $90.00 and gave the company a “neutral” rating in a research note on Thursday, November 2nd. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $96.13.
Bright Horizons Family Solutions (NYSE:BFAM) traded up $0.14 during trading hours on Tuesday, hitting $95.58. 208,500 shares of the stock traded hands, compared to its average volume of 186,810. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 1.35. The company has a market capitalization of $5,690.00, a P/E ratio of 47.08, a PEG ratio of 1.67 and a beta of 0.13. Bright Horizons Family Solutions has a one year low of $65.00 and a one year high of $96.43.
Bright Horizons Family Solutions (NYSE:BFAM) last posted its earnings results on Wednesday, November 1st. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.57 by $0.05. The company had revenue of $433.30 million during the quarter, compared to the consensus estimate of $429.36 million. Bright Horizons Family Solutions had a net margin of 7.22% and a return on equity of 19.72%. The firm’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.49 earnings per share. equities research analysts predict that Bright Horizons Family Solutions will post 2.5 earnings per share for the current year.
In other news, CEO Stephen Howard Kramer sold 2,962 shares of the business’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $95.35, for a total transaction of $282,426.70. Following the completion of the sale, the chief executive officer now directly owns 110,323 shares of the company’s stock, valued at $10,519,298.05. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO David H. Lissy sold 79,112 shares of the business’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $87.26, for a total transaction of $6,903,313.12. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,606,677 shares of company stock valued at $314,883,291. 2.90% of the stock is currently owned by insiders.
About Bright Horizons Family Solutions
Bright Horizons Family Solutions Inc is a provider of child care, early education and other services. The Company provides services under multi-year contracts with employers offering child care and other dependent care solutions as part of their employee benefits packages. Its segments include full service center-based care services, back-up dependent care services and other educational advisory services.
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