Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM – Get Rating) have received an average recommendation of “Hold” from the nine ratings firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $80.29.
BFAM has been the topic of a number of recent analyst reports. Barclays lowered shares of Bright Horizons Family Solutions from an “overweight” rating to an “equal weight” rating and set a $75.00 price target on the stock. in a research report on Friday. The Goldman Sachs Group dropped their price target on shares of Bright Horizons Family Solutions from $108.00 to $94.00 and set a “buy” rating on the stock in a research report on Wednesday, November 2nd. StockNews.com raised shares of Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a research report on Tuesday. Morgan Stanley dropped their price target on shares of Bright Horizons Family Solutions from $60.00 to $57.00 and set an “underweight” rating on the stock in a research report on Wednesday, November 2nd. Finally, Citigroup dropped their price target on shares of Bright Horizons Family Solutions from $115.00 to $92.00 and set a “buy” rating on the stock in a research report on Thursday, November 3rd.
Hedge Funds Weigh In On Bright Horizons Family Solutions
Institutional investors and hedge funds have recently bought and sold shares of the stock. Eagle Bay Advisors LLC acquired a new stake in Bright Horizons Family Solutions during the second quarter worth $26,000. Global Retirement Partners LLC boosted its position in shares of Bright Horizons Family Solutions by 52.3% during the 3rd quarter. Global Retirement Partners LLC now owns 498 shares of the company’s stock valued at $33,000 after acquiring an additional 171 shares in the last quarter. Venture Visionary Partners LLC acquired a new stake in shares of Bright Horizons Family Solutions during the 2nd quarter valued at about $46,000. Private Capital Group LLC boosted its position in shares of Bright Horizons Family Solutions by 14.2% during the 2nd quarter. Private Capital Group LLC now owns 963 shares of the company’s stock valued at $81,000 after acquiring an additional 120 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in shares of Bright Horizons Family Solutions by 159.2% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,454 shares of the company’s stock valued at $84,000 after acquiring an additional 893 shares in the last quarter. Institutional investors own 90.66% of the company’s stock.
Bright Horizons Family Solutions Price Performance
NYSE BFAM opened at $66.76 on Tuesday. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.97. The stock has a market capitalization of $3.86 billion, a PE ratio of 49.45 and a beta of 1.14. The company has a 50 day moving average price of $65.33 and a two-hundred day moving average price of $74.39. Bright Horizons Family Solutions has a 12-month low of $54.19 and a 12-month high of $140.02.
About Bright Horizons Family Solutions
Bright Horizons Family Solutions Inc provides early education and child care, back-up care, educational advisory, and other workplace solutions services for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory and Other Services.
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