Bright Horizons Family Solutions (NYSE:BFAM) Receives News Sentiment Rating of 0.14

Headlines about Bright Horizons Family Solutions (NYSE:BFAM) have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bright Horizons Family Solutions earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.1187240053637 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Shares of Bright Horizons Family Solutions (BFAM) opened at $90.15 on Wednesday. Bright Horizons Family Solutions has a 1-year low of $65.00 and a 1-year high of $93.13. The stock has a market cap of $5,332.43, a price-to-earnings ratio of 37.77, a price-to-earnings-growth ratio of 1.81 and a beta of 0.13. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 1.35.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its earnings results on Wednesday, November 1st. The company reported $0.62 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.05. Bright Horizons Family Solutions had a net margin of 7.22% and a return on equity of 19.72%. The company had revenue of $433.30 million for the quarter, compared to analysts’ expectations of $429.36 million. During the same quarter last year, the company posted $0.49 earnings per share. The firm’s quarterly revenue was up 12.9% on a year-over-year basis. equities research analysts forecast that Bright Horizons Family Solutions will post 2.49 earnings per share for the current fiscal year.

Several analysts have recently weighed in on BFAM shares. Zacks Investment Research raised Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $100.00 price objective on the stock in a report on Tuesday, November 7th. Credit Suisse Group lifted their price objective on Bright Horizons Family Solutions from $83.00 to $90.00 and gave the company a “neutral” rating in a research report on Thursday, November 2nd. Barclays boosted their target price on Bright Horizons Family Solutions from $80.00 to $90.00 and gave the stock an “overweight” rating in a research report on Monday, October 2nd. BMO Capital Markets reiterated a “hold” rating on shares of Bright Horizons Family Solutions in a report on Wednesday, October 25th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of Bright Horizons Family Solutions in a research note on Wednesday, August 9th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Bright Horizons Family Solutions has a consensus rating of “Buy” and an average price target of $90.67.

In related news, CEO David H. Lissy sold 79,112 shares of the stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $87.26, for a total transaction of $6,903,313.12. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Mary Ann Tocio sold 6,666 shares of the stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $80.09, for a total transaction of $533,879.94. Following the transaction, the director now directly owns 67,284 shares in the company, valued at $5,388,775.56. The disclosure for this sale can be found here. Insiders have sold a total of 3,620,458 shares of company stock worth $315,782,740 in the last 90 days. 2.90% of the stock is currently owned by company insiders.

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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.

Insider Buying and Selling by Quarter for Bright Horizons Family Solutions (NYSE:BFAM)

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