News articles about Bright Horizons Family Solutions (NYSE:BFAM) have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bright Horizons Family Solutions earned a news impact score of 0.18 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.5780244153765 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment’s analysis:
- Bright Horizons Family Solutions Inc (BFAM) Given Consensus Recommendation of “Hold” by Analysts (americanbankingnews.com)
- Company Profile for Bright Horizons Family Solutions (markets.financialcontent.com)
- Bright Horizons Family Solutions Inc (BFAM) Expected to Post Quarterly Sales of $457.71 Million (americanbankingnews.com)
- Brokerages Anticipate Bright Horizons Family Solutions Inc (BFAM) to Announce $0.71 EPS (americanbankingnews.com)
- Alliancebernstein L.P. Buys 182,060 Shares of Bright Horizons Family Solutions Inc (BFAM) (americanbankingnews.com)
BFAM has been the topic of a number of recent research reports. Zacks Investment Research downgraded Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research report on Friday, December 8th. Barclays reaffirmed a “buy” rating and set a $105.00 price objective on shares of Bright Horizons Family Solutions in a research report on Wednesday, December 27th. Citigroup raised their price objective on Bright Horizons Family Solutions to $107.00 and gave the company a “buy” rating in a research report on Monday, February 12th. Royal Bank of Canada raised their price objective on Bright Horizons Family Solutions to $98.00 and gave the company an “outperform” rating in a research report on Friday, January 19th. They noted that the move was a valuation call. Finally, Credit Suisse Group raised their price target on Bright Horizons Family Solutions from $90.00 to $98.00 and gave the stock a “neutral” rating in a report on Friday, February 9th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $100.13.
Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings results on Thursday, February 8th. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.04. The business had revenue of $440.00 million during the quarter, compared to the consensus estimate of $438.99 million. Bright Horizons Family Solutions had a return on equity of 20.69% and a net margin of 9.02%. The company’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the company earned $0.56 earnings per share. sell-side analysts forecast that Bright Horizons Family Solutions will post 2.93 EPS for the current year.
In related news, CEO Stephen Howard Kramer sold 2,962 shares of Bright Horizons Family Solutions stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $95.35, for a total transaction of $282,426.70. Following the completion of the sale, the chief executive officer now owns 110,323 shares of the company’s stock, valued at $10,519,298.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Linda A. Mason sold 7,718 shares of Bright Horizons Family Solutions stock in a transaction dated Friday, December 29th. The stock was sold at an average price of $94.15, for a total value of $726,649.70. The disclosure for this sale can be found here. In the last three months, insiders sold 55,474 shares of company stock valued at $5,315,919. Corporate insiders own 2.90% of the company’s stock.
WARNING: “Bright Horizons Family Solutions (BFAM) Earns News Sentiment Rating of 0.18” was first posted by Ticker Report and is the property of of Ticker Report. If you are accessing this news story on another site, it was stolen and republished in violation of United States and international copyright and trademark legislation. The legal version of this news story can be read at https://www.tickerreport.com/banking-finance/3256276/bright-horizons-family-solutions-bfam-earns-news-sentiment-rating-of-0-18.html.
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.
Receive News & Ratings for Bright Horizons Family Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bright Horizons Family Solutions and related companies with MarketBeat.com's FREE daily email newsletter.