Bright Horizons Family Solutions ( NYSE:BFAM – Get Free Report ) was upgraded by Robert W. Baird from a “neutral” rating to an “outperform” rating in a note issued to investors on Friday, Marketbeat reports. The firm currently has a $140.
00 price target on the stock. Robert W. Baird’s price target suggests a potential upside of 23.
81% from the company’s current price. Several other analysts also recently weighed in on BFAM. UBS Group upped their price target on Bright Horizons Family Solutions from $145.
00 to $148.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 5th. BMO Capital Markets raised Bright Horizons Family Solutions from a “market perform” rating to an “outperform” rating and lowered their price target for the stock from $137.
00 to $125.00 in a research report on Monday, November 18th. JPMorgan Chase & Co.
increased their price objective on shares of Bright Horizons Family Solutions from $137.00 to $149.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th.
Barclays lifted their target price on shares of Bright Horizons Family Solutions from $125.00 to $160.00 and gave the stock an “overweight” rating in a report on Friday, August 30th.
Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Bright Horizons Family Solutions from $114.00 to $140.00 and gave the company a “hold” rating in a report on Friday, August 2nd.
One investment analyst has rated the stock with a sell rating, three have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $141.
50. View Our Latest Report on Bright Horizons Family Solutions Bright Horizons Family Solutions Price Performance Bright Horizons Family Solutions ( NYSE:BFAM – Get Free Report ) last issued its quarterly earnings results on Monday, November 4th. The company reported $1.
11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.05.
Bright Horizons Family Solutions had a net margin of 4.44% and a return on equity of 13.23%.
The company had revenue of $719.00 million during the quarter, compared to analyst estimates of $713.16 million.
During the same period last year, the business earned $0.78 EPS. Bright Horizons Family Solutions’s quarterly revenue was up 11.
3% compared to the same quarter last year. Research analysts predict that Bright Horizons Family Solutions will post 3 earnings per share for the current fiscal year. Insiders Place Their Bets In other Bright Horizons Family Solutions news, COO Mary Lou Burke sold 800 shares of the firm’s stock in a transaction dated Monday, October 7th.
The stock was sold at an average price of $136.94, for a total value of $109,552.00.
Following the transaction, the chief operating officer now directly owns 31,025 shares of the company’s stock, valued at approximately $4,248,563.50. This trade represents a 2.
51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink . 1.
22% of the stock is currently owned by insiders. Hedge Funds Weigh In On Bright Horizons Family Solutions Institutional investors have recently made changes to their positions in the business. CANADA LIFE ASSURANCE Co boosted its position in shares of Bright Horizons Family Solutions by 141.
6% in the first quarter. CANADA LIFE ASSURANCE Co now owns 14,784 shares of the company’s stock worth $1,676,000 after purchasing an additional 8,666 shares during the period. Bayesian Capital Management LP purchased a new position in shares of Bright Horizons Family Solutions during the first quarter valued at about $981,000.
TimesSquare Capital Management LLC purchased a new position in Bright Horizons Family Solutions during the 3rd quarter valued at approximately $13,639,000. Dimensional Fund Advisors LP increased its position in Bright Horizons Family Solutions by 7.0% in the second quarter.
Dimensional Fund Advisors LP now owns 784,896 shares of the company’s stock worth $86,395,000 after purchasing an additional 51,024 shares during the last quarter. Finally, Private Advisor Group LLC raised its stake in Bright Horizons Family Solutions by 16.5% during the third quarter.
Private Advisor Group LLC now owns 2,491 shares of the company’s stock valued at $349,000 after purchasing an additional 352 shares in the last quarter. About Bright Horizons Family Solutions ( Get Free Report ) 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.
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Bright Horizons Family Solutions (NYSE:BFAM) Raised to Outperform at Robert W. Baird
Bright Horizons Family Solutions (NYSE:BFAM – Get Free Report) was upgraded by Robert W. Baird from a “neutral” rating to an “outperform” rating in a note issued to investors on Friday, Marketbeat reports. The firm currently has a $140.00 price target on the stock. Robert W. Baird’s price target suggests a potential upside of 23.81% [...]