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Mary Ann Tocio, a director at Bright Horizons Family Solutions Inc. (NYSE:BFAM), recently sold 2,500 shares of the company’s common stock. The transaction, executed on March 10, 2025, was carried out at an average price of $124.74 per share, amounting to a total sale value of $311,853. Following this sale, Tocio holds 22,757 shares of Bright Horizons stock, a company currently valued at $7.04 billion. According to InvestingPro data, the stock appears slightly overvalued at current levels, though 5 analysts have recently revised their earnings expectations upward.
This transaction was completed in multiple trades, with prices ranging from $124.62 to $124.82 per share. The reported price reflects the weighted average of these trades. The stock currently trades at $122.34, with a P/E ratio of 51x. InvestingPro subscribers can access 10+ additional key insights and a comprehensive Pro Research Report about Bright Horizons, helping investors make more informed decisions.
In other recent news, Bright Horizons Family Solutions Inc. reported impressive fourth-quarter 2024 earnings, with adjusted earnings per share (EPS) of $0.98, exceeding the forecast of $0.90. The company’s revenue reached $674 million, slightly surpassing the anticipated $672.58 million. Analysts have responded positively to these results, with BMO Capital Markets, Jefferies, and Baird all raising their price targets for the company. BMO Capital increased its target to $146, highlighting the strong performance of the Back-Up Care Advantage (BUCA) program, while Jefferies lifted its target to $148, citing robust performance in Back-up Care services and improved occupancy rates. Baird also raised its price target to $145, emphasizing the company’s positive 2025 guidance and growth in the Back-Up Care segment.
Bright Horizons announced a 2025 revenue forecast between $2.85 billion and $2.90 billion, indicating a 6-8% growth, driven by pricing, enrollment, and Back-Up Care service conversion. The company expects a 15-20% increase in adjusted EPS for 2025. Additionally, Bright Horizons aims to reach a break-even point in its UK operations, a significant turnaround from a previous $10 million loss. Analysts from BMO, Jefferies, and Baird maintain a positive outlook on the company’s strategic initiatives and financial health, reflecting confidence in its growth trajectory and business strategy.
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