Headlines about Bright Horizons Family Solutions (NYSE:BFAM) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Bright Horizons Family Solutions earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.4272613216488 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern’s rankings:
BFAM has been the subject of a number of research reports. Goldman Sachs Group initiated coverage on shares of Bright Horizons Family Solutions in a research note on Tuesday, March 27th. They set a “neutral” rating and a $104.00 target price for the company. BMO Capital Markets reduced their price objective on shares of Bright Horizons Family Solutions from $107.00 to $105.00 and set a “market perform” rating for the company in a research note on Tuesday, May 1st. ValuEngine raised shares of Bright Horizons Family Solutions from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Zacks Investment Research lowered shares of Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Finally, Citigroup lifted their price objective on shares of Bright Horizons Family Solutions from $107.00 to $112.00 and gave the company a “buy” rating in a research note on Friday, May 4th. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Bright Horizons Family Solutions currently has a consensus rating of “Buy” and a consensus target price of $103.73.
BFAM stock opened at $105.46 on Monday. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.38 and a quick ratio of 0.38. Bright Horizons Family Solutions has a 1 year low of $75.65 and a 1 year high of $108.40. The firm has a market capitalization of $6.11 billion, a P/E ratio of 41.36, a price-to-earnings-growth ratio of 2.38 and a beta of 0.08.
Bright Horizons Family Solutions (NYSE:BFAM) last released its quarterly earnings data on Monday, April 30th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.01. Bright Horizons Family Solutions had a net margin of 8.58% and a return on equity of 21.28%. The business had revenue of $463.66 million during the quarter, compared to analyst estimates of $461.15 million. During the same quarter in the previous year, the business earned $0.61 EPS. Bright Horizons Family Solutions’s quarterly revenue was up 9.8% compared to the same quarter last year. equities analysts forecast that Bright Horizons Family Solutions will post 2.96 earnings per share for the current year.
In other Bright Horizons Family Solutions news, CFO Elizabeth J. Boland sold 5,087 shares of the business’s stock in a transaction on Wednesday, June 20th. The shares were sold at an average price of $106.22, for a total transaction of $540,341.14. Following the completion of the transaction, the chief financial officer now owns 138,026 shares of the company’s stock, valued at approximately $14,661,121.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mary Ann Tocio sold 25,000 shares of the business’s stock in a transaction on Thursday, March 29th. The stock was sold at an average price of $102.35, for a total transaction of $2,558,750.00. Following the transaction, the director now directly owns 85,618 shares of the company’s stock, valued at approximately $8,763,002.30. The disclosure for this sale can be found here. In the last three months, insiders have sold 171,034 shares of company stock valued at $17,460,885. Company insiders own 2.20% of the company’s stock.
About Bright Horizons Family Solutions
Bright Horizons Family Solutions Inc provides child care and early education, back-up dependent care, and educational advisory services for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Dependent Care, and Other Educational Advisory Services.
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