Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) traded today at $182.50, eclipsing its 52-week high. So far today approximately 137,000 shares have been exchanged, as compared to an average 30-day volume of 301,000 shares.
Bright Horizons Family Solutions provides education and care solutions designed to help employers support their employees in managing their work/life balance. The company has three business segments: full-service center-based child care, backup care, and educational advisory services. The vast majority of the company’s revenue is generated by full-service center-based child care, which includes traditional center-based child care and early education services. Other services provided by the company include in-home child and elder care, tuition assistance, and education consulting. The company earns more than half of its revenue in North America.
Bright Horizons Family Solutions Inc. share prices have moved between a 52-week high of $182.50 and a 52-week low of $89.73 and are now trading 101% above that low price at $180.19 per share.
Based on a current price of $180.19, Bright Horizons Family Solutions Inc. is currently 1.9% above its average consensus analyst price target of $176.78.
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