Bright Horizons Family Solutions (BFAM) Expected to Announce Earnings on Thursday

Bright Horizons Family Solutions (NYSE:BFAM) is anticipated to release its earnings data after the market closes on Thursday, February 13th. Analysts expect Bright Horizons Family Solutions to post earnings of $0.91 per share and revenue of $672.00 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Bright Horizons Family Solutions Stock Performance

Bright Horizons Family Solutions stock opened at $122.81 on Tuesday. The stock has a 50-day simple moving average of $114.91 and a 200 day simple moving average of $124.62. The stock has a market capitalization of $7.15 billion, a price-to-earnings ratio of 61.71 and a beta of 1.45. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.66. Bright Horizons Family Solutions has a 12-month low of $94.83 and a 12-month high of $141.90.

Insider Activity

In related news, Director Mary Ann Tocio sold 5,000 shares of Bright Horizons Family Solutions stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $114.71, for a total transaction of $573,550.00. Following the sale, the director now directly owns 25,257 shares in the company, valued at approximately $2,897,230.47. This trade represents a 16.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.22% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. UBS Group lowered 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. Morgan Stanley lowered their target price on Bright Horizons Family Solutions from $108.00 to $102.00 and set an “underweight” rating for the company in a report on Thursday, December 12th. Baird R W upgraded shares of Bright Horizons Family Solutions from a “hold” rating to a “strong-buy” rating in a report on Friday, November 22nd. The Goldman Sachs Group lowered their target price on shares of Bright Horizons Family Solutions from $162.00 to $142.00 and set a “buy” rating on the stock in a report on Friday, December 27th. Finally, 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. One research analyst has rated the stock with a sell rating, three have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $135.56.

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.