Bright Horizons Family Solutions (NYSE:BFAM) Announces Earnings Results

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $1.57 EPS for the quarter, topping analysts' consensus estimates of $1.32 by $0.25, Briefing.com reports. The business had revenue of $802.81 million during the quarter, compared to analysts' expectations of $781.16 million. Bright Horizons Family Solutions had a net margin of 6.34% and a return on equity of 15.12%. The business's quarterly revenue was up 11.6% on a year-over-year basis. During the same period last year, the company posted $1.11 earnings per share. Bright Horizons Family Solutions updated its FY 2025 guidance to 4.480-4.530 EPS.

Bright Horizons Family Solutions Stock Up 18.6%

BFAM traded up $17.13 during mid-day trading on Friday, reaching $109.41. 3,374,931 shares of the stock were exchanged, compared to its average volume of 549,320. Bright Horizons Family Solutions has a 1 year low of $91.49 and a 1 year high of $135.77. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.56 and a current ratio of 0.56. The stock has a market capitalization of $6.22 billion, a PE ratio of 35.87 and a beta of 1.33. The company has a 50 day moving average price of $107.67 and a two-hundred day moving average price of $116.38.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. BMO Capital Markets restated an "outperform" rating and issued a $124.00 price target on shares of Bright Horizons Family Solutions in a report on Friday. Robert W. Baird set a $136.00 price target on shares of Bright Horizons Family Solutions in a research report on Friday. UBS Group lifted their price target on shares of Bright Horizons Family Solutions from $112.00 to $120.00 and gave the company a "neutral" rating in a research report on Friday. JPMorgan Chase & Co. lifted their price target on shares of Bright Horizons Family Solutions from $156.00 to $160.00 and gave the company an "overweight" rating in a research report on Friday. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $128.71.

Check Out Our Latest Analysis on Bright Horizons Family Solutions

Insider Transactions at Bright Horizons Family Solutions

In related news, Director Mary Ann Tocio sold 3,000 shares of the firm's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $120.10, for a total transaction of $360,300.00. Following the transaction, the director directly owned 18,233 shares of the company's stock, valued at $2,189,783.30. This trade represents a 14.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Mary Lou Burke sold 1,000 shares of the firm's stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $108.52, for a total transaction of $108,520.00. Following the transaction, the chief operating officer directly owned 26,449 shares in the company, valued at $2,870,245.48. The trade was a 3.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.21% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BFAM. Geneos Wealth Management Inc. raised its stake in shares of Bright Horizons Family Solutions by 98.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 336 shares of the company's stock worth $43,000 after purchasing an additional 167 shares during the period. Canada Pension Plan Investment Board raised its stake in shares of Bright Horizons Family Solutions by 75.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 700 shares of the company's stock worth $87,000 after purchasing an additional 300 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of Bright Horizons Family Solutions by 206.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 883 shares of the company's stock worth $109,000 after purchasing an additional 595 shares during the period. Quantbot Technologies LP bought a new stake in shares of Bright Horizons Family Solutions during the 2nd quarter worth $123,000. Finally, WINTON GROUP Ltd bought a new stake in shares of Bright Horizons Family Solutions during the 2nd quarter worth $211,000.

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.

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