Jefferies (NYSE:JEF) analyst Hamzah Mazari maintained a Buy rating on Bright Horizons (NYSE:BFAM) on Tuesday, setting a price target of $215, which is approximately 84.72% above the present share price of $116.39.
Mazari expects Bright Horizons to post earnings per share (EPS) of $0.44 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Bright Horizons, with an average price target of $166.4.
The analysts price targets range from a high of $215 to a low of $130.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $460.33 million and a net profit of $45.99 million. The company's market cap is $7.03 billion.
According to TipRanks.com, Jefferies analyst Hamzah Mazari is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 12.7% and a 63.83% success rate.
Bright Horizons Family Solutions, Inc. engages in the provision of child care and early education; dependent care, and workforce education services. It operates through the following segments: Full Service Center-Based Child Care, Back-Up Care Services, and Educational Advisory Services. The Full Service Center-Based Child Care segment comprises of traditional center-based child care and early education, preschool, and elementary education. The Back-Up Care Services segment deals with center-based back-up child care, and in-home child and adult/elder dependent care. The Educational Advisory Services segment comprises of tuition reimbursement program management and related educational advising, and college advisory services. The company was founded by Roger H. Brown and Linda A. Mason in 1986 and is headquartered in Watertown, MA.