Media stories about Bright Horizons Family Solutions (NYSE:BFAM) have trended somewhat positive on Friday, according to Alpha One Sentiment Analysis. Alpha One, a division of Accern, identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bright Horizons Family Solutions earned a news sentiment score of 0.20 on Alpha One’s scale. Alpha One also gave media headlines about the company an impact score of 62 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the stock’s share price in the next several days.
These are some of the news stories that may have effected Alpha One’s scoring:
- $0.67 Earnings Per Share Expected for Bright Horizons Family Solutions Inc (BFAM) This Quarter (americanbankingnews.com)
- Mandy Berman Sells 3,699 Shares of Bright Horizons Family Solutions Inc. (BFAM) Stock (americanbankingnews.com)
- Bright Horizons Family Solutions Inc (NYSE:BFAM) 2016 Q4 Sentiment Report (hoyentv.com)
- Insider Selling: Bright Horizons Family Solutions Inc. (BFAM) Director Sells 6,666 Shares of Stock (americanbankingnews.com)
A number of research analysts have commented on BFAM shares. Zacks Investment Research upgraded Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $76.00 target price on the stock in a research note on Thursday, February 16th. Credit Suisse Group restated an “outperform” rating and issued a $80.00 target price on shares of Bright Horizons Family Solutions in a research note on Monday, April 17th. Finally, BMO Capital Markets restated a “hold” rating and issued a $83.00 target price on shares of Bright Horizons Family Solutions in a research note on Friday, May 5th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Bright Horizons Family Solutions presently has a consensus rating of “Buy” and a consensus target price of $79.86.
Shares of Bright Horizons Family Solutions (BFAM) traded up 0.17% on Friday, reaching $77.02. The company’s stock had a trading volume of 737,171 shares. The company has a market cap of $4.61 billion, a P/E ratio of 42.13 and a beta of 0.12. The company has a 50 day moving average price of $77.23 and a 200 day moving average price of $72.11. Bright Horizons Family Solutions has a 52-week low of $59.00 and a 52-week high of $81.23.
Bright Horizons Family Solutions (NYSE:BFAM) last announced its quarterly earnings data on Thursday, May 4th. The company reported $0.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.05. The company had revenue of $422 million during the quarter, compared to analysts’ expectations of $422.32 million. Bright Horizons Family Solutions had a return on equity of 23.35% and a net margin of 9.80%. Bright Horizons Family Solutions’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.51 EPS. On average, analysts anticipate that Bright Horizons Family Solutions will post $2.61 earnings per share for the current fiscal year.
In other news, COO Mary Lou Burke sold 632 shares of the firm’s stock in a transaction dated Monday, April 24th. The stock was sold at an average price of $75.00, for a total value of $47,400.00. Following the completion of the transaction, the chief operating officer now owns 31,380 shares in the company, valued at approximately $2,353,500. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Mandy Berman sold 3,697 shares of the firm’s stock in a transaction dated Monday, April 17th. The shares were sold at an average price of $71.77, for a total value of $265,333.69. Following the completion of the transaction, the chief accounting officer now owns 23,634 shares of the company’s stock, valued at approximately $1,696,212.18. The disclosure for this sale can be found here. Insiders sold a total of 4,240,390 shares of company stock valued at $335,678,096 in the last 90 days. 2.90% of the stock is owned by corporate insiders.
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Bright Horizons Family Solutions Company Profile
Bright Horizons Family Solutions Inc is a provider of child care, early education and other services. The Company provides services under multi-year contracts with employers offering child care and other dependent care solutions as part of their employee benefits packages. Its segments include full service center-based care services, back-up dependent care services and other educational advisory services.
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