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Countdown to Bright Horizons (BFAM) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2024-10-31 14:20
Wall Street analysts expect Bright Horizons Family Solutions (BFAM) to post quarterly earnings of $1.06 per share in its upcoming report, which indicates a year-over-year increase of 20.5%. Revenues are expected to be $710.72 million, up 10.1% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company reveals it ...
Bright Horizons (BFAM) Upgraded to Buy: Here's Why
ZACKS· 2024-08-29 17:00
Core Viewpoint - Bright Horizons Family Solutions (BFAM) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook driven by rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, making it a valuable tool for investors [2][4]. - For the fiscal year ending December 2024, Bright Horizons is projected to earn $3.37 per share, reflecting an 18.7% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Bright Horizons has risen by 7.9%, indicating a positive trend in earnings expectations [8]. Institutional Investor Influence - Institutional investors often base their valuation models on earnings estimates, leading to significant stock transactions that can drive price movements [4][5]. - The upgrade in earnings estimates for Bright Horizons suggests an improvement in the company's underlying business, likely resulting in increased stock prices due to investor confidence [5]. Zacks Rank System - The Zacks Rank system categorizes stocks based on earnings estimate revisions, with only the top 20% of stocks receiving a 'Strong Buy' or 'Buy' rating, indicating superior potential for market-beating returns [9][10]. - The Zacks Rank 2 for Bright Horizons places it among the top 20% of Zacks-covered stocks, suggesting a favorable outlook for near-term price appreciation [10].
3 Reasons Growth Investors Will Love Bright Horizons (BFAM)
ZACKS· 2024-08-23 17:45
Core Viewpoint - Growth investors are increasingly focused on identifying stocks with above-average financial growth, which can lead to solid returns, but finding such stocks is challenging due to their inherent risks and volatility [1] Group 1: Company Overview - Bright Horizons Family Solutions (BFAM) is currently highlighted as a recommended growth stock based on the Zacks Growth Style Score, which evaluates a company's real growth potential beyond traditional metrics [2] - The company has achieved a favorable Growth Score and holds a top Zacks Rank, indicating strong investment potential [2][9] Group 2: Earnings Growth - Earnings growth is a critical factor for growth investors, with double-digit growth being particularly attractive as it signals strong future prospects [4] - Bright Horizons has a historical EPS growth rate of 0.9%, but projected EPS growth for this year is expected to be 18.6%, significantly outperforming the industry average of 13.8% [5] Group 3: Asset Utilization - The asset utilization ratio, or sales-to-total-assets (S/TA) ratio, is an important metric for assessing a company's efficiency in generating sales [6] - Bright Horizons has an S/TA ratio of 0.67, indicating it generates $0.67 in sales for every dollar in assets, which is higher than the industry average of 0.65 [7] - The company is also expected to achieve sales growth of 10.9% this year, compared to the industry average of 2.6% [7] Group 4: Earnings Estimate Revisions - Trends in earnings estimate revisions are crucial, with positive revisions correlating strongly with stock price movements [8] - Bright Horizons has seen its current-year earnings estimates revised upward by 7.9% over the past month, indicating positive momentum [8] Group 5: Investment Positioning - Bright Horizons has earned a Growth Score of A and a Zacks Rank of 2 due to favorable earnings estimate revisions, positioning it well for potential outperformance in the market [9]
Is Bright Horizons Family Solutions (BFAM) Outperforming Other Consumer Discretionary Stocks This Year?
ZACKS· 2024-08-23 14:40
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Bright Horizons Family Solutions (BFAM) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Bright Horizons Family Solutions is one of 280 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 ...
Bright Horizons Family Solutions Inc. (BFAM) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-08-16 14:17
Have you been paying attention to shares of Bright Horizons Family Solutions (BFAM) ? Shares have been on the move with the stock up 15.2% over the past month. The stock hit a new 52-week high of $138.25 in the previous session. Bright Horizons Family Solutions has gained 44.6% since the start of the year compared to the -2.4% move for the Zacks Consumer Discretionary sector and the 2% return for the Zacks Schools industry. What's Driving the Outperformance? The stock has an impressive record of positive ea ...
Here is Why Growth Investors Should Buy Bright Horizons (BFAM) Now
ZACKS· 2024-08-07 17:45
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style S ...
Are Consumer Discretionary Stocks Lagging Bright Horizons Family Solutions (BFAM) This Year?
ZACKS· 2024-08-07 14:40
Group 1 - Bright Horizons Family Solutions (BFAM) has returned 40.8% year-to-date, significantly outperforming the Consumer Discretionary sector average return of -6.3% [4] - BFAM is part of the Schools industry, which has an average return of 2.2% this year, indicating that BFAM is performing better than its industry peers [6] - The Zacks Consensus Estimate for BFAM's full-year earnings has increased by 3.5% over the past quarter, reflecting improving analyst sentiment [4] Group 2 - Choice Hotels (CHH) has also outperformed the Consumer Discretionary sector with a year-to-date return of 10.9% [5] - The consensus EPS estimate for Choice Hotels has risen by 0.8% over the past three months, and it currently holds a Zacks Rank of 2 (Buy) [5] - Choice Hotels belongs to the Hotels and Motels industry, which has a year-to-date return of +0.9% [6]
Bright Horizons Family Solutions(BFAM) - 2024 Q2 - Quarterly Report
2024-08-06 20:48
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from to Commission File Number: 001-35780 BRIGHT HORIZONS FAMILY SOLUTIONS INC. (Exact name of registrant as specified in its charter) Delaware 80-0188269 (State or other ju ...
Bright Horizons Family Solutions(BFAM) - 2024 Q2 - Earnings Call Transcript
2024-08-03 21:50
Bright Horizons Family Solutions Inc. (NYSE:BFAM) Q2 2024 Results Conference Call August 1, 2024 5:00 PM ET Company Participants Michael Flanagan - Vice President, Investor Relations Stephen Kramer - Chief Executive Officer Elizabeth Boland - Chief Financial Officer Conference Call Participants George Tong - Goldman Sachs Manav Patnaik - Barclays Andrew Steinerman - JPMorgan Jeff Meuler - Baird Josh Chan - UBS Jeff Silber - BMO Capital Markets Harold Antor - Jefferies Toni Kaplan - Morgan Stanley Faiza Alwy ...
Bright Horizons (BFAM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-02 00:36
For the quarter ended June 2024, Bright Horizons Family Solutions (BFAM) reported revenue of $670.06 million, up 11.1% over the same period last year. EPS came in at $0.88, compared to $0.64 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $664.54 million, representing a surprise of +0.83%. The company delivered an EPS surprise of +22.22%, with the consensus EPS estimate being $0.72. While investors scrutinize revenue and earnings changes year-over-year and how they ...