Bright Horizons Family Solutions (NYSE:BFAM) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Bright Horizons Family Solutions Inc. (NYSE:BFAM)’s stock price crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $72.05 and traded as low as $69.53. Bright Horizons Family Solutions shares last traded at $69.7980, with a volume of 551,190 shares trading hands.

Wall Street Analysts Forecast Growth

BFAM has been the topic of a number of analyst reports. BMO Capital Markets reduced their price target on Bright Horizons Family Solutions from $93.00 to $83.00 and set an “outperform” rating on the stock in a research report on Monday, October 5th. UBS Group decreased their price objective on Bright Horizons Family Solutions from $88.00 to $78.00 and set a “neutral” rating for the company in a research note on Wednesday. Weiss Ratings reissued a “sell (d+)” rating on shares of Bright Horizons Family Solutions in a research report on Wednesday, July 29th. Finally, Morgan Stanley lowered their price objective on Bright Horizons Family Solutions from $66.00 to $64.00 and set an “underweight” rating for the company in a research report on Tuesday. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Bright Horizons Family Solutions has a consensus rating of “Hold” and an average target price of $92.00.

Bright Horizons Family Solutions Trading Up 0.6%

The firm has a market capitalization of $3.33 billion, a PE ratio of 21.70, a PEG ratio of 1.07 and a beta of 1.18. The company’s 50-day moving average price is $69.34 and its 200-day moving average price is $71.97. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.48 and a current ratio of 0.48.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its earnings results on Thursday, July 30th. The company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.20 by $0.08. The firm had revenue of $779.18 million for the quarter, compared to analyst estimates of $774.84 million. Bright Horizons Family Solutions had a return on equity of 20.09% and a net margin of 5.78%. Bright Horizons Family Solutions’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.07 earnings per share. Bright Horizons Family Solutions has set its FY 2026 guidance at 5.050-5.150 EPS. On average, sell-side analysts expect that Bright Horizons Family Solutions Inc. will post 4.70 earnings per share for the current year.

Insider Transactions at Bright Horizons Family Solutions

In other news, Director Mary Tocio sold 6,000 shares of the stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $72.65, for a total value of $435,900.00. Following the transaction, the director owned 14,329 shares in the company, valued at approximately $1,041,001.85. This represents a 29.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Mary Burke sold 1,200 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $75.00, for a total value of $90,000.00. Following the sale, the chief operating officer directly owned 30,945 shares in the company, valued at $2,320,875. This trade represents a 3.73% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 8,900 shares of company stock worth $656,584. Company insiders own 1.42% of the company’s stock.

Hedge Funds Weigh In On Bright Horizons Family Solutions

Hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in shares of Bright Horizons Family Solutions during the 2nd quarter worth approximately $452,317,000. Dimensional Fund Advisors LP grew its position in shares of Bright Horizons Family Solutions by 31.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,334,650 shares of the company’s stock valued at $109,611,000 after buying an additional 316,919 shares during the last quarter. Conestoga Capital Advisors LLC grew its position in shares of Bright Horizons Family Solutions by 17.5% in the 1st quarter. Conestoga Capital Advisors LLC now owns 1,293,146 shares of the company’s stock valued at $106,206,000 after buying an additional 192,343 shares during the last quarter. Giverny Capital Inc. grew its position in shares of Bright Horizons Family Solutions by 45.6% in the 2nd quarter. Giverny Capital Inc. now owns 1,080,793 shares of the company’s stock valued at $76,607,000 after buying an additional 338,464 shares during the last quarter. Finally, Bamco Inc. NY acquired a new stake in Bright Horizons Family Solutions during the 2nd quarter worth $74,789,000.

Bright Horizons Family Solutions Company Profile

Bright Horizons Family Solutions Inc (NYSE: BFAM) provides employer-sponsored child care and workforce-support services. Its offerings include full-service, center-based early education and preschool programs, back-up care for children and adults, and related family support services designed to help employees manage work and caregiving responsibilities.

The company also provides educational advisory services, including college admissions counseling, academic support and related guidance for families.