Bright Horizons Family Solutions (BFAM) to Release Quarterly Earnings on Thursday

Bright Horizons Family Solutions (NYSE:BFAM) is anticipated to announce its earnings results after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of $0.91 per share and revenue of $672.00 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Bright Horizons Family Solutions Stock Down 4.5 %

BFAM opened at $117.11 on Wednesday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.61 and a current ratio of 0.61. The company has a market capitalization of $6.81 billion, a PE ratio of 58.85 and a beta of 1.45. The stock’s fifty day moving average is $114.94 and its 200-day moving average is $124.60. Bright Horizons Family Solutions has a one year low of $94.83 and a one year high of $141.90.

Insider Transactions at Bright Horizons Family Solutions

In related news, Director Mary Ann Tocio sold 5,000 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $114.71, for a total transaction of $573,550.00. Following the transaction, the director now directly owns 25,257 shares in the company, valued at $2,897,230.47. The trade was a 16.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.22% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. boosted their price target on shares of Bright Horizons Family Solutions from $137.00 to $149.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. Jefferies Financial Group dropped their target price on shares of Bright Horizons Family Solutions from $155.00 to $132.00 and set a “buy” rating on the stock in a report on Thursday, January 23rd. Morgan Stanley cut their target price on shares of Bright Horizons Family Solutions from $102.00 to $100.00 and set an “underweight” rating for the company in a research note on Tuesday. Baird R W upgraded shares of Bright Horizons Family Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 22nd. Finally, UBS Group cut their price objective on Bright Horizons Family Solutions from $148.00 to $130.00 and set a “neutral” rating for the company in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, three have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.33.

About Bright Horizons Family Solutions

Bright Horizons Family Solutions Inc provides early education and childcare, back-up care, educational advisory, and other workplace solutions services for employers and families in the United States, Puerto Rico, the United Kingdom, the Netherlands, Australia, and India. The company operates in three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory and Other Services.