bright horizons family solutions® (nyse: bfam) believes the most successful companies for investors are also dream companies for employees. and our goal is to help employers become those dream companies. since launching our first employer-sponsored child care center in 1986, we’ve been at the forefront of modern business cultures that are changing the way employers support people and achieve success. today, thousands of working parents around the world rely on more than 1,000 bright horizons child care centers for the care and education of their children; and many of the world’s top employers look to our benefits programs – early education and child care, back-up child care, elder care, educational support for children, and educational guidance for adult learners – as the foundation for cultures recognized year after year by lists including fortune and working mother. a fortune “best company” ourselves, we’re as dedicated to our own people as to our clients’. and we’re proud to support
Company profile
Ticker
BFAM
Exchange
Website
CEO
Stephen Howard Kramer
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
BRIGHT HORIZONS SOLUTIONS CORP
SEC CIK
Corporate docs
Subsidiaries
Bright Horizons Capital Corp. • Bright Horizons Family Solutions LLC • Choice Sitter Solutions LLC • Apex Insurance Inc. • CorporateFamily Solutions LLC • Bright Horizons LLC • Bright Horizons Children’s Centers LLC • ChildrenFirst LLC • Hildebrandt Learning Centers, LLC • Children’s Choice Learning Centers, Inc. ...
BFAM stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
27 Feb 24
8-K
Bright Horizons Family Solutions Reports Fourth Quarter and Full Year 2023 Financial Results
13 Feb 24
10-Q
2023 Q3
Quarterly report
6 Nov 23
8-K
Bright Horizons Family Solutions Reports Third Quarter of 2023 Financial Results
1 Nov 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
8-K
Bright Horizons Family Solutions Reports Second Quarter of 2023 Financial Results
1 Aug 23
8-K
Submission of Matters to a Vote of Security Holders
26 Jun 23
UPLOAD
Letter from SEC
16 Jun 23
CORRESP
Correspondence with SEC
15 Jun 23
UPLOAD
Letter from SEC
5 Jun 23
Transcripts
BFAM
Earnings call transcript
2023 Q4
13 Feb 24
BFAM
Earnings call transcript
2023 Q3
1 Nov 23
BFAM
Earnings call transcript
2023 Q2
1 Aug 23
BFAM
Earnings call transcript
2023 Q1
2 May 23
BFAM
Earnings call transcript
2022 Q4
16 Feb 23
BFAM
Earnings call transcript
2022 Q3
2 Nov 22
BFAM
Earnings call transcript
2022 Q2
3 Aug 22
BFAM
Earnings call transcript
2022 Q1
4 May 22
BFAM
Earnings call transcript
2021 Q4
17 Feb 22
BFAM
Earnings call transcript
2021 Q3
3 Nov 21
Latest ownership filings
4
John Guy Casagrande
6 Mar 24
4
Jason Janoff
6 Mar 24
4
ELIZABETH J BOLAND
6 Mar 24
4
Mandy Berman
6 Mar 24
4
Stephen Howard Kramer
6 Mar 24
4
Rosamund Marshall
6 Mar 24
4
Mary Lou Burke
6 Mar 24
144
Notice of proposed sale of securities
6 Mar 24
144
Notice of proposed sale of securities
29 Feb 24
4
Mary Lou Burke
29 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 59.12 mm | 59.12 mm | 59.12 mm | 59.12 mm | 59.12 mm | 59.12 mm |
Cash burn (monthly) | 5.76 mm | (no burn) | (no burn) | (no burn) | 6.36 mm | (no burn) |
Cash used (since last report) | 34.47 mm | n/a | n/a | n/a | 38.03 mm | n/a |
Cash remaining | 24.65 mm | n/a | n/a | n/a | 21.09 mm | n/a |
Runway (months of cash) | 4.3 | n/a | n/a | n/a | 3.3 | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 285 |
Opened positions | 47 |
Closed positions | 33 |
Increased positions | 118 |
Reduced positions | 79 |
13F shares | Current |
---|---|
Total value | 5.02 tn |
Total shares | 61.63 mm |
Total puts | 17.90 k |
Total calls | 129.00 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
T. Rowe Price | 5.68 mm | $463.86 bn |
Vanguard | 5.29 mm | $430.54 bn |
T. Rowe Price Investment Management | 4.47 mm | $365.36 bn |
Durable Capital Partners | 4.44 mm | $361.64 bn |
JPM JPMorgan Chase & Co. | 3.49 mm | $284.08 bn |
Brown Advisory | 3.01 mm | $245.06 bn |
Massachusetts Financial Services | 2.90 mm | $236.01 bn |
Kayne Anderson Rudnick Investment Management | 2.82 mm | $229.78 bn |
BLK Blackrock | 2.43 mm | $198.19 bn |
Bamco | 2.02 mm | $164.76 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Mar 24 | John Guy Casagrande | Common Stock | Sell | Dispose S | No | No | 115.2 | 2,040 | 235.01 k | 17,912 |
4 Mar 24 | Jason Janoff | Common Stock | Grant | Acquire A | No | No | 0 | 2,162 | 0.00 | 14,955 |
4 Mar 24 | Boland Elizabeth J | Common Stock | Grant | Acquire A | No | No | 0 | 4,756 | 0.00 | 94,739 |
4 Mar 24 | Boland Elizabeth J | Option to Purchase Common Stock Common Stock | Grant | Acquire A | No | No | 115.65 | 5,356 | 619.42 k | 5,356 |
4 Mar 24 | Kramer Stephen Howard | Common Stock | Grant | Acquire A | No | No | 0 | 15,132 | 0.00 | 133,823 |
4 Mar 24 | Kramer Stephen Howard | Option to Purchase Common Stock Common Stock | Grant | Acquire A | No | No | 115.65 | 17,043 | 1.97 mm | 17,043 |
4 Mar 24 | Burke Mary Lou | Common Stock | Grant | Acquire A | No | No | 0 | 4,756 | 0.00 | 38,525 |
4 Mar 24 | Burke Mary Lou | Option to Purchase Common Stock Common Stock | Grant | Acquire A | No | No | 115.65 | 5,356 | 619.42 k | 5,356 |
4 Mar 24 | John Guy Casagrande | Common Stock | Grant | Acquire A | No | No | 0 | 2,594 | 0.00 | 19,952 |
4 Mar 24 | John Guy Casagrande | Option to Purchase Common Stock Common Stock | Grant | Acquire A | No | No | 115.65 | 2,922 | 337.93 k | 2,922 |
News
Barclays Upgrades Bright Horizons Family to Overweight, Raises Price Target to $125
28 Feb 24
BMO Capital Maintains Market Perform Rating for Bright Horizons Family: Here's What You Need To Know
15 Feb 24
Barclays Maintains Equal-Weight Rating for Bright Horizons Family: Here's What You Need To Know
14 Feb 24
Bright Horizons Family: Q4 Earnings Insights
13 Feb 24
Bright Horizons Family Q4 2023 Adj EPS $0.83 Beats $0.73 Estimate, Sales $616.00M Beat $593.22M Estimate
13 Feb 24