Bright Horizons (BFAM)

• Market cap: $6.3B
• 1 day: 1.99%
• 5 days: -1.10%
• 1 month: -0.09%
• 3 months: -22.15%
• 6 months: 7.37%
• Year to date: 15.84%
• 1 year: 18.27%
• 5 years: -29.27%
• 10 years: 132.17%
• Sector: Consumer Discretionary
• Industry: Child Day Care Services

About: Bright Horizons Family Solutions Inc 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.

Employees: 31,400

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

368% more call options, than puts

Call options by funds: $8.66M | Put options by funds: $1.85M

296% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 23

22% more capital invested

Capital invested by funds: $6.73B [Q2] → $8.19B (+$1.45B) [Q3]

22% more funds holding

Funds holding: 316 [Q2] → 384 (+68) [Q3]

14% more repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 118

0% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]

4.32% less ownership

Funds ownership: 105.47% [Q2] → 101.15% (-4.32%) [Q3]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $102 6% downside
• Avg. target: $138 27% upside
• High target: $162 50% upside

6 analyst ratings

• positive: 4 67%
• neutral: 1 17%
• negative: 1 17%

Morgan Stanley Toni Kaplan 50% 1-year accuracy 11 / 22 met price target	6% downside $102	Underweight Maintained	12 Dec 2024
Baird Jeffrey Meuler 67% 1-year accuracy 16 / 24 met price target	29% upside $140	Outperform Upgraded	22 Nov 2024
BMO Capital Jeffrey Silber 56% 1-year accuracy 20 / 36 met price target	15% upside $125	Outperform Upgraded	18 Nov 2024
UBS Joshua Chan 67% 1-year accuracy 10 / 15 met price target	37% upside $148	Neutral Maintained	5 Nov 2024
Goldman Sachs George Tong 29% 1-year accuracy 8 / 28 met price target	50% upside $162	Buy Maintained	5 Nov 2024