Bright Horizons Family Solutions Inc (NYSE:BFAM) CFO Elizabeth J. Boland sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 25th. The stock was sold at an average price of $149.47, for a total value of $747,350.00. Following the completion of the transaction, the chief financial officer now owns 125,117 shares of the company’s stock, valued at $18,701,237.99. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of NYSE:BFAM traded down $0.23 during trading on Thursday, hitting $153.91. The stock had a trading volume of 208,966 shares, compared to its average volume of 205,922. The business’s 50-day moving average price is $145.98. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 1.24. The firm has a market capitalization of $9.01 billion, a PE ratio of 50.80, a price-to-earnings-growth ratio of 4.32 and a beta of 0.31. Bright Horizons Family Solutions Inc has a 12-month low of $105.15 and a 12-month high of $155.78.
Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings data on Tuesday, April 30th. The company reported $0.81 EPS for the quarter, beating the Zacks’ consensus estimate of $0.79 by $0.02. The business had revenue of $501.76 million during the quarter, compared to analysts’ expectations of $497.24 million. Bright Horizons Family Solutions had a return on equity of 23.38% and a net margin of 8.38%. The business’s revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.72 earnings per share. Equities research analysts anticipate that Bright Horizons Family Solutions Inc will post 3.39 earnings per share for the current year.
BFAM has been the topic of a number of recent analyst reports. ValuEngine lowered Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. BMO Capital Markets lowered GLENCORE PLC/ADR from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 10th. Zacks Investment Research downgraded EXACT Sciences from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Finally, Goldman Sachs Group set a €6.20 ($7.21) price target on Kloeckner & Co SE and gave the stock a “buy” rating in a research report on Thursday, June 20th. Five analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Bright Horizons Family Solutions currently has an average rating of “Buy” and an average target price of $131.29.
Bright Horizons Family Solutions Company Profile
Bright Horizons Family Solutions Inc provides child care and early education, back-up care, and educational advisory services for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory Services. The Full Service Center-Based Child Care segment offers traditional center-based child care, preschool, and elementary education services.
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