Bright Horizons Family Solutions Inc. (NYSE:BFAM – Get Free Report) COO Mary Lou Burke sold 1,000 shares of the stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $124.69, for a total transaction of $124,690.00. Following the completion of the sale, the chief operating officer now directly owns 33,449 shares in the company, valued at approximately $4,170,755.81. This trade represents a 2.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Bright Horizons Family Solutions Price Performance
Shares of BFAM stock traded up $3.13 during mid-day trading on Friday, hitting $126.51. 267,343 shares of the stock traded hands, compared to its average volume of 409,981. Bright Horizons Family Solutions Inc. has a twelve month low of $100.59 and a twelve month high of $141.90. 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’s 50-day simple moving average is $121.84 and its 200-day simple moving average is $123.97. The firm has a market cap of $7.26 billion, a price-to-earnings ratio of 52.71 and a beta of 1.50.
Bright Horizons Family Solutions (NYSE:BFAM – Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.03). Bright Horizons Family Solutions had a return on equity of 13.63% and a net margin of 5.22%. As a group, equities research analysts expect that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current year.
Institutional Trading of Bright Horizons Family Solutions
Wall Street Analyst Weigh In
Several research analysts have commented on the stock. UBS Group decreased their target price on shares of 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. Jefferies Financial Group reduced their price objective on Bright Horizons Family Solutions from $155.00 to $132.00 and set a “buy” rating for the company in a research report on Thursday, January 23rd. The Goldman Sachs Group lowered their target price on Bright Horizons Family Solutions from $162.00 to $142.00 and set a “buy” rating on the stock in a research report on Friday, December 27th. Robert W. Baird raised Bright Horizons Family Solutions from a “neutral” rating to an “outperform” rating and set a $140.00 target price on the stock in a research note on Friday, November 22nd. Finally, Morgan Stanley decreased their price target on Bright Horizons Family Solutions from $102.00 to $100.00 and set an “underweight” rating for the company in a research note on Tuesday, February 11th. 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 assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Bright Horizons Family Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $137.67.
Check Out Our Latest Stock Analysis on BFAM
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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