Bright Horizons Family Solutions Inc (NYSE:BFAM) CAO Mandy Berman sold 500 shares of the stock in a transaction on Wednesday, March 14th. The stock was sold at an average price of $99.85, for a total value of $49,925.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Bright Horizons Family Solutions Inc (NYSE BFAM) traded up $0.32 during trading on Friday, reaching $100.42. The company had a trading volume of 37,915 shares, compared to its average volume of 198,059. The company has a market capitalization of $5,856.02, a PE ratio of 38.65, a price-to-earnings-growth ratio of 2.28 and a beta of 0.19. Bright Horizons Family Solutions Inc has a fifty-two week low of $68.53 and a fifty-two week high of $100.95. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.42 and a current ratio of 0.42.
Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings results on Thursday, February 8th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.04. The business had revenue of $440.00 million for the quarter, compared to analysts’ expectations of $438.99 million. Bright Horizons Family Solutions had a return on equity of 20.69% and a net margin of 9.02%. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.56 earnings per share. research analysts predict that Bright Horizons Family Solutions Inc will post 2.93 earnings per share for the current fiscal year.
Several analysts have recently commented on the company. Royal Bank of Canada restated a “buy” rating on shares of Bright Horizons Family Solutions in a report on Friday, February 9th. BMO Capital Markets restated a “hold” rating and set a $98.00 target price on shares of Bright Horizons Family Solutions in a report on Wednesday, January 17th. Robert W. Baird restated a “hold” rating and set a $100.00 target price on shares of Bright Horizons Family Solutions in a report on Tuesday, January 9th. Macquarie assumed coverage on Bright Horizons Family Solutions in a report on Thursday, December 21st. They set a “neutral” rating and a $95.00 target price on the stock. Finally, Credit Suisse Group increased their target price on Bright Horizons Family Solutions from $90.00 to $98.00 and gave the stock a “neutral” rating in a report on Friday, February 9th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $100.13.
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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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