$0.63 EPS Expected for Bright Horizons Family Solutions Inc. (BFAM)

January 13, 2018 - By Louis Casey

 $0.63 EPS Expected for Bright Horizons Family Solutions Inc. (BFAM)
Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.52, from 1.56 in 2017Q2. It worsened, as 19 investors sold Bright Horizons Family Solutions Inc. shares while 74 reduced holdings. 22 funds opened positions while 75 raised stakes. 57.27 million shares or 2.45% more from 55.90 million shares in 2017Q2 were reported.
Ami Asset Mngmt has 1.03% invested in Bright Horizons Family Solutions Inc. (NYSE:BFAM) for 168,630 shares. Moreover, Principal Financial has 0% invested in Bright Horizons Family Solutions Inc. (NYSE:BFAM). Bb&T Corp reported 3,048 shares. Roosevelt Invest Grp holds 70,829 shares. D E Shaw Co Inc owns 10,411 shares for 0% of their portfolio. California Pub Employees Retirement System holds 87,108 shares. Lpl Fincl Ltd Company reported 8,455 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 262,217 shares or 0.21% of the stock. Eqis Cap Mgmt Inc holds 0.03% or 5,419 shares. Fmr Limited Liability Corporation owns 143,022 shares for 0% of their portfolio. 61,053 are held by Janney Montgomery Scott Limited Co. Whittier Communications reported 23,277 shares. Argent Management Ltd Llc reported 6,235 shares or 0.02% of all its holdings. Atlantic Tru Grp Limited Liability Corporation invested 0.27% in Bright Horizons Family Solutions Inc. (NYSE:BFAM). Columbia Wanger Asset owns 629,743 shares for 0.8% of their portfolio.

Analysts expect Bright Horizons Family Solutions Inc. (NYSE:BFAM) to report $0.63 EPS on February, 8.They anticipate $0.11 EPS change or 21.15 % from last quarter’s $0.52 EPS. BFAM’s profit would be $36.74M giving it 37.87 P/E if the $0.63 EPS is correct. After having $0.58 EPS previously, Bright Horizons Family Solutions Inc.’s analysts see 8.62 % EPS growth. The stock increased 0.01% or $0.01 during the last trading session, reaching $95.44. About 137,132 shares traded. Bright Horizons Family Solutions Inc. (NYSE:BFAM) has risen 18.19% since January 13, 2017 and is uptrending. It has outperformed by 1.49% the S&P500.

Bright Horizons Family Solutions Inc. (NYSE:BFAM) Ratings Coverage

Among 10 analysts covering Bright Horizons (NYSE:BFAM), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Bright Horizons had 25 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, August 5 report. On Tuesday, December 19 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was reinitiated by Credit Suisse on Wednesday, February 3 with “Outperform”. RBC Capital Markets maintained it with “Outperform” rating and $68 target in Monday, November 9 report. The firm has “Hold” rating given on Thursday, December 21 by Macquarie Research. The firm has “Buy” rating given on Wednesday, November 1 by RBC Capital Markets. JP Morgan upgraded the shares of BFAM in report on Monday, August 15 to “Overweight” rating. As per Friday, November 3, the company rating was maintained by Citigroup. Barclays Capital maintained the shares of BFAM in report on Wednesday, November 25 with “Overweight” rating. The firm has “Outperform” rating given on Tuesday, February 9 by RBC Capital Markets.

Bright Horizons Family Solutions Inc. provides child care, early education, and other services for employers and families. The company has market cap of $5.57 billion. It operates through Full Service Center-Based Child Care, Back-Up Dependent Care, and Other Educational Advisory Services divisions. It has a 47.29 P/E ratio. The Full Service Center-Based Child Care segment offers traditional center child care, preschool, and elementary education services.

More notable recent Bright Horizons Family Solutions Inc. (NYSE:BFAM) news were published by: Seekingalpha.com which released: “Bright Horizons Family Solutions (BFAM) Q2 2017 Results – Earnings Call Transcript” on August 02, 2017, also Prnewswire.com with their article: “Bright Horizons Family Solutions Announces Date of Third Quarter 2017 Earnings …” published on October 19, 2017, Nasdaq.com published: “Bright Horizons Family Solutions Reaches Analyst Target Price” on December 18, 2017. More interesting news about Bright Horizons Family Solutions Inc. (NYSE:BFAM) were released by: Fortune.com and their article: “The Best Workplaces for Diversity” published on December 05, 2017 as well as Seekingalpha.com‘s news article titled: “Bright Horizons Family Solutions (BFAM) Q3 2017 Results – Earnings Call Transcript” with publication date: November 02, 2017.

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