Fintel reviews that on May 26, 2023, Goldman Sachs maintained protection of Bright Horizons Family Solutions (NYSE:BFAM) with a Buy suggestion.
Analyst Price Forecast Suggests 1.34% Upside
As of May 11, 2023, the typical one-year value goal for Bright Horizons Family Solutions is 84.66. The forecasts vary from a low of 57.57 to a excessive of $101.85. The common value goal represents a rise of 1.34% from its newest reported closing value of 83.54.
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The projected annual income for Bright Horizons Family Solutions is 2,271MM, a rise of seven.44%. The projected annual non-GAAP EPS is 3.17.
What is the Fund Sentiment?
There are 656 funds or establishments reporting positions in Bright Horizons Family Solutions. This is a lower of 23 proprietor(s) or 3.39% within the final quarter. Average portfolio weight of all funds devoted to BFAM is 0.25%, a rise of 14.40%. Total shares owned by establishments decreased within the final three months by 1.37% to 75,858K shares. 
The put/name ratio of BFAM is 0.45, indicating a bullish outlook.
What are Other Shareholders Doing?
T. Rowe Price Investment Management holds 4,786K shares representing 8.28% possession of the corporate. In it is prior submitting, the agency reported proudly owning 5,146K shares, representing a lower of seven.54%. The agency elevated its portfolio allocation in BFAM by 6.02% during the last quarter.
Massachusetts Financial Services holds 4,542K shares representing 7.86% possession of the corporate. In it is prior submitting, the agency reported proudly owning 4,544K shares, representing a lower of 0.03%. The agency decreased its portfolio allocation in BFAM by 81.66% during the last quarter.
Price T Rowe Associates holds 4,337K shares representing 7.50% possession of the corporate. In it is prior submitting, the agency reported proudly owning 4,977K shares, representing a lower of 14.77%. The agency decreased its portfolio allocation in BFAM by 1.07% during the last quarter.
Jpmorgan Chase holds 3,510K shares representing 6.07% possession of the corporate. In it is prior submitting, the agency reported proudly owning 3,200K shares, representing a rise of 8.81%. The agency decreased its portfolio allocation in BFAM by 84.47% during the last quarter.
Brown Advisory holds 3,053K shares representing 5.28% possession of the corporate. In it is prior submitting, the agency reported proudly owning 3,060K shares, representing a lower of 0.26%. The agency decreased its portfolio allocation in BFAM by 46.81% during the last quarter.
Bright Horizons Family Solutions Background Information
(This description is supplied by the corporate.)
Bright Horizons® is a number one world supplier of high-quality little one care and early schooling, back-up care, and office schooling providers. For greater than 30 years, the corporate has partnered with employers to assist workforces by offering providers that assist working households and staff thrive personally and professionally. Bright Horizons operates roughly 1,000 little one care facilities within the United States, the United Kingdom, the Netherlands, and India, and serve greater than 1,300 of the world’s main organizations. Bright Horizons’ little one care facilities, back-up little one and elder care, and workforce teaching programs, together with tuition program administration, schooling advising, and pupil mortgage reimbursement, assist staff succeed at every life and profession stage.
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This story initially appeared on Fintel.
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