Setting A New 52 Week High, Bright Horizons Family Solutions Inc (NYSE:BFAM) Settle At $127.18

BFAM
BFAM

Bright Horizons Family Solutions Inc (NYSE:BFAM)

April 16th, 2019

Amidst rising markets Bright Horizons Family Solutions Inc fell ($0.84) Tuesday which equals a 0.66% drop, closing at $127.18. Despite the drop in price it hit a new 52 week high of $129.32. It’s expected that Bright Horizons Family Solutions Inc will report earnings within the next couple of weeks.

BFAM was outperformed by the rest of the Consumer Discretionary sector which went up 0.48%.

Analysis results from 7 analysts suggest that Bright Horizons Family Solutions Inc could decline somewhat (-2.50%), while Finbox has calculated (with medium uncertainty) a fair value price of $74.91.

Market Sectors

The market sectors were mixed Tuesday with a majority of the sectors trending up. Financials saw the biggest increase of the day (1.37%), while Real Estate saw the biggest drop (-2.38%). Information Technology has seen the biggest year-to-date gain at 23.78%.

Energy saw the biggest turnaround from its 5-day performance of -1.22%, as it went up 0.64%. Real Estate and Utilities saw turn arounds from their five day positive performance, Real Estate with a drop of -2.38%.

Sector Breakdown

  • Financials went up with a 1.37% change.
  • Energy went up with a 0.64% change.
  • Industrials went up with a 0.59% change.
  • Information Technology went up with a 0.49% change.
  • Consumer Discretionary went up with a 0.48% change.
  • Materials went up with a 0.47% change.
  • Communication Services went up with a 0.21% change.
  • Consumer Staples went down with a -0.06% change.
  • Utilities went down with a -1.39% change.
  • Healthcare went down with a -2.03% change.
  • Real Estate went down with a -2.38% change.

Bright Horizons Family Solutions Inc Info

Bright Horizons Family Solutions Inc. provides child care and early education, back-up care, and educational advisory services for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory Services. The Full Service Center-Based Child Care segment offers traditional center-based child care, preschool, and elementary education services. The Back-Up Care segment provides center-based back-up child care, and in-home child and adult/elder dependent care services. The Educational Advisory Services segment offers tuition reimbursement program management and related educational consulting services, as well as college admissions advisory services. As of December 31, 2018, it operated 1,082 child care and early education centers in 41 U.S. states and the District of Columbia, Puerto Rico, the United Kingdom, Canada, the Netherlands, and India. The company was formerly known as Bright Horizons Solutions Corp. and changed its name to Bright Horizons Family Solutions Inc. in July 2012. Bright Horizons Family Solutions Inc. was founded in 1986 and is headquartered in Watertown, Massachusetts.

All amounts in USD unless otherwise indicated

BFAM daily update
BFAM daily update

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