Bright Horizons Family Solutions Inc (NYSE:BFAM) EVP Stephen I. Dreier sold 1,141 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $94.00, for a total transaction of $107,254.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Bright Horizons Family Solutions Inc (NYSE:BFAM) traded down $0.09 during trading hours on Thursday, hitting $94.88. 136,000 shares of the stock traded hands, compared to its average volume of 203,671. The firm has a market capitalization of $5,640.00, a P/E ratio of 46.74, a PEG ratio of 1.67 and a beta of 0.13. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 1.35. Bright Horizons Family Solutions Inc has a 52 week low of $65.00 and a 52 week high of $95.82.
Bright Horizons Family Solutions (NYSE:BFAM) last announced its quarterly earnings results on Wednesday, November 1st. The company reported $0.62 earnings per share (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 company’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.49 earnings per share. sell-side analysts expect that Bright Horizons Family Solutions Inc will post 2.5 earnings per share for the current fiscal year.
A number of research firms have recently weighed in on BFAM. Zacks Investment Research upgraded shares of Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $91.00 price target for the company in a research report on Friday, September 15th. Robert W. Baird restated a “hold” rating and set a $100.00 price objective on shares of Bright Horizons Family Solutions in a research report on Tuesday. BidaskClub upgraded shares of Bright Horizons Family Solutions from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 28th. Citigroup boosted their price objective on shares of Bright Horizons Family Solutions from $92.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. Finally, Royal Bank of Canada restated a “buy” rating and set a $89.00 price objective on shares of Bright Horizons Family Solutions in a research report on Wednesday, December 20th. Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $96.13.
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Bright Horizons Family Solutions Company Profile
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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