Alert: Major Price Advance (8/2/24)-Bright Horizons Family Solutions (NYSE: BFAM).

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Bright Horizons Family Solutions (NYSE: BFAM) stock enjoyed a major increase of 14.1% on 8/2/24. The shares closed at $135.15. Moreover, this advance was accompanied by exceptionally high trading volume at 455% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 14.6% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, BFAM is expected to continue to be an important Value Builder.

Bright Horizons Family Solutions has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Bright Horizons Family Solutions has a poor Appreciation Score of 18 but a very high Power Rating of 90, triggering the Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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