Bright Horizons Family Solutions Inc. provides child care and early education services, back-up care services, educational advisory services, and other workplace solutions for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory and Other Services. The Full Service Center-Based Child Care segment offers traditional center-based child care and early education, preschool, and elementary education services. The Back-Up Care segment provides center-based back-up child care, in-home child and adult/elder dependent care, and self-sourced reimbursed care services. The Educational Advisory and Other Services segment offers tuition assistance and student loan repayment program administration, workforce education, and related educational consulting services, as well as college admissions advisory services. As of December 31, 2020, it operated 1,014 child care and early education centers in the United States, Puerto Rico, the United Kingdom, Canada, the Netherlands, and India. The company was formerly known as Bright Horizons Solutions Corp. and changed its name to Bright Horizons Family Solutions Inc. in July 2012. Bright Horizons Family Solutions Inc. was founded in 1986 and is headquartered in Newton, Massachusetts.
IPO Year: 2013
Exchange: NYSE
Website: brighthorizons.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/22/2024 | $140.00 | Neutral → Outperform | Robert W. Baird |
| 11/18/2024 | $137.00 → $125.00 | Market Perform → Outperform | BMO Capital Markets |
| 2/28/2024 | $100.00 → $125.00 | Equal Weight → Overweight | Barclays |
| 10/23/2023 | $82.00 → $83.00 | Sell → Neutral | UBS |
| 7/17/2023 | $99.00 | Outperform → Market Perform | BMO Capital Markets |
| 6/1/2023 | $79.00 | Sell | UBS |
| 5/12/2023 | $95.00 → $101.00 | Buy → Neutral | Citigroup |
| 12/2/2022 | $75.00 | Overweight → Equal Weight | Barclays |
| 3/29/2022 | $114.00 | Hold | Deutsche Bank |
| 1/5/2022 | $111.00 → $109.00 | Underweight | Morgan Stanley |
Bright Horizons Family Solutions® Inc. (NYSE:BFAM) today announced financial results for the first quarter of 2025 and provided updated financial guidance for 2025. Bright Horizons is a leading provider of high-quality early education and child care, family care solutions, and workforce education services designed to support working families and client employees across life and career stages. First Quarter 2025 Highlights (compared to First Quarter 2024): Revenue of $666 million (increase of 7%) Income from operations of $62 million (increase of 56%) Net income of $38 million and diluted earnings per common share of $0.66 (increases of 124% and 128%, respectively) Non-GAAP financia
Bright Horizons Family Solutions® Inc. (NYSE:BFAM) will release results for the quarter ended March 31, 2025 on Monday, May 5, 2025, after the stock market closes. Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m. ET to discuss the first quarter 2025, the Company's updated business outlook, its strategy and results. Interested parties are invited to listen to the conference call by dialing 1-844-539-3703, or for international callers, 1-412-652-1273, and asking for the Bright Horizons Family Solutions conference call, moderated by Chief Executive Officer Stephen Kramer. Replays of the entire call will be available through May
Former Bright Horizons CEO Brings Decades of Experience in Early Education and Care Sectors HopSkipDrive, a technology company solving complex transportation challenges where there is a heightened need for safety, access, and care, today announced the appointment of Dave Lissy to its Board of Directors. Lissy has an exceptional track record in the education and care sector, having served as CEO of Bright Horizons Family Solutions (NYSE:BFAM) from 2002 to 2018. During his leadership, the company established itself as the leader in early education services and employer-sponsored childcare. He first joined Bright Horizons in 1997 as Chief Development Officer and now serves as Chairman of the
Interviews with industry leaders to explore how companies are focused on building workplaces of the future with meaningful benefits to support workforces Bright Horizons (NYSE:BFAM), a leading education and care company, announces the new season of its acclaimed podcast, The Work-Life Equation, co-hosted by Priya Krishnan, Chief Digital and Transformation Officer at Bright Horizons, and Paul Sullivan, founder of The Company of Dads, launching Tuesday, April 8. This season will explore how leading companies' people-first strategies play a critical role in attracting and retaining top talent, while simultaneously building workplace cultures. "This new season of The Work-Life Equation podcas
New research reveals children are fluent in technology before they can read In our modern and highly-connected world, technology can be both an asset and a danger—especially for children. Kids today don't know a world without smartphones, and according to research from the Modern Family Index (MFI), commissioned by Bright Horizons (NYSE:BFAM) and conducted by The Harris Poll, 60% of parents say their children started using technology before they could read. Nearly three-quarters (73%) even admit their children could use a "detox" from technology, including 68% of parents with children under six years of age. While the long-term impacts of excessive screen time have yet to be fully uncover
Bright Horizons Family Solutions® Inc. (NYSE:BFAM) today announced financial results for the fourth quarter and full year of 2024 and provided guidance for 2025. Bright Horizons is a leading provider of high-quality early education and child care, family care solutions, and workforce education services designed to support working families and client employees across life and career stages. Fourth Quarter 2024 Highlights (compared to Fourth Quarter 2023): Revenue of $674 million (increase of 10%) Income from operations of $48 million (increase of 71%) Net income of $29 million and diluted earnings per common share of $0.50 (increases of 427% and 456%, respectively) Non-GAAP fin
Bright Horizons Family Solutions® Inc. (NYSE:BFAM) will release results for the quarter ended December 31, 2024 on Thursday, February 13, 2025, after the stock market closes. Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m. ET to discuss the fourth quarter 2024, the Company's updated business outlook, its strategy and results. Interested parties are invited to listen to the conference call by dialing 1-844-539-3703, or for international callers, 1-412-652-1273, and asking for the Bright Horizons Family Solutions conference call, moderated by Chief Executive Officer Stephen Kramer. Replays of the entire call will be available
Joins Impressive List of Best Employers in Massachusetts for the Third Consecutive Year Bright Horizons (NYSE:BFAM) today announced that it has been named one of the Top Places to Work in Massachusetts by The Boston Globe, joining a remarkable list of employers across the state. In the 17th annual employee-based survey project from The Boston Globe, Bright Horizons ranked 11th in the largest companies category out of 175 employers on this year's list and was the only education and care company to make the list. "We differentiate ourselves by the way we empower, respect, recognize, and celebrate our people for their talent, diverse experiences, and perspectives," said Stephen Kramer, CEO
Bright Horizons Family Solutions® Inc. (NYSE:BFAM), a leading provider of high-quality early education and child care, family care solutions, and workforce education services designed to support working families and client employees across life and career stages, today announced financial results for the third quarter of 2024 and updated financial guidance for 2024. Third Quarter 2024 Highlights (compared to Third Quarter 2023): Revenue of $719 million (increase of 11%) Income from operations of $89 million (increase of 34%) Net income of $55 million and diluted earnings per common share of $0.94 (increases of 37% and 36%, respectively) Non-GAAP financial measures Adjusted EBITDA
Bright Horizons Family Solutions® Inc. (NYSE:BFAM) will release results for the quarter ended September 30, 2024 on Monday, November 4, 2024, after the stock market closes. Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m. ET to discuss the third quarter 2024, the Company's updated business outlook, its strategy and results. Interested parties are invited to listen to the conference call by dialing 1-877-407-9039, or for international callers, 1-201-689-8470, and asking for the Bright Horizons Family Solutions conference call, moderated by Chief Executive Officer Stephen Kramer. Replays of the entire call will be available thr
Former Bright Horizons CEO Brings Decades of Experience in Early Education and Care Sectors HopSkipDrive, a technology company solving complex transportation challenges where there is a heightened need for safety, access, and care, today announced the appointment of Dave Lissy to its Board of Directors. Lissy has an exceptional track record in the education and care sector, having served as CEO of Bright Horizons Family Solutions (NYSE:BFAM) from 2002 to 2018. During his leadership, the company established itself as the leader in early education services and employer-sponsored childcare. He first joined Bright Horizons in 1997 as Chief Development Officer and now serves as Chairman of the
NEWTON, Mass.--(BUSINESS WIRE)--Bright Horizons Family Solutions® Inc. (NYSE:BFAM) announced today that the three company founders, Roger Brown, Linda Mason and Marguerite Kondracke, will retire from the Board of Directors effective March 31, 2021. All three will become a Director Emeritus as of their retirement date and will continue to provide guidance and counsel to the organization they founded as part of their collective mission to make a lasting difference in the world through the education of young children. Linda Mason and Roger Brown co-founded Bright Horizons in 1986 and have served on the Board since inception. Marguerite Kondracke founded CorporateFamily Solutions in 19
Robert W. Baird upgraded Bright Horizons from Neutral to Outperform and set a new price target of $140.00
BMO Capital Markets upgraded Bright Horizons from Market Perform to Outperform and set a new price target of $125.00 from $137.00 previously
Barclays upgraded Bright Horizons from Equal Weight to Overweight and set a new price target of $125.00 from $100.00 previously
UBS upgraded Bright Horizons from Sell to Neutral and set a new price target of $83.00 from $82.00 previously
BMO Capital Markets downgraded Bright Horizons from Outperform to Market Perform and set a new price target of $99.00
UBS initiated coverage of Bright Horizons with a rating of Sell and set a new price target of $79.00
Citigroup downgraded Bright Horizons from Buy to Neutral and set a new price target of $101.00 from $95.00 previously
Barclays downgraded Bright Horizons from Overweight to Equal Weight and set a new price target of $75.00
Deutsche Bank initiated coverage of Bright Horizons with a rating of Hold and set a new price target of $114.00
Morgan Stanley reiterated coverage of Bright Horizons Family with a rating of Underweight and set a new price target of $109.00 from $111.00 previously
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Bright Horizons Family Solutions® Inc. (NYSE:BFAM) today announced financial results for the first quarter of 2025 and provided updated financial guidance for 2025. Bright Horizons is a leading provider of high-quality early education and child care, family care solutions, and workforce education services designed to support working families and client employees across life and career stages. First Quarter 2025 Highlights (compared to First Quarter 2024): Revenue of $666 million (increase of 7%) Income from operations of $62 million (increase of 56%) Net income of $38 million and diluted earnings per common share of $0.66 (increases of 124% and 128%, respectively) Non-GAAP financia
Bright Horizons Family Solutions® Inc. (NYSE:BFAM) will release results for the quarter ended March 31, 2025 on Monday, May 5, 2025, after the stock market closes. Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m. ET to discuss the first quarter 2025, the Company's updated business outlook, its strategy and results. Interested parties are invited to listen to the conference call by dialing 1-844-539-3703, or for international callers, 1-412-652-1273, and asking for the Bright Horizons Family Solutions conference call, moderated by Chief Executive Officer Stephen Kramer. Replays of the entire call will be available through May
Bright Horizons Family Solutions® Inc. (NYSE:BFAM) today announced financial results for the fourth quarter and full year of 2024 and provided guidance for 2025. Bright Horizons is a leading provider of high-quality early education and child care, family care solutions, and workforce education services designed to support working families and client employees across life and career stages. Fourth Quarter 2024 Highlights (compared to Fourth Quarter 2023): Revenue of $674 million (increase of 10%) Income from operations of $48 million (increase of 71%) Net income of $29 million and diluted earnings per common share of $0.50 (increases of 427% and 456%, respectively) Non-GAAP fin
Bright Horizons Family Solutions® Inc. (NYSE:BFAM) will release results for the quarter ended December 31, 2024 on Thursday, February 13, 2025, after the stock market closes. Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m. ET to discuss the fourth quarter 2024, the Company's updated business outlook, its strategy and results. Interested parties are invited to listen to the conference call by dialing 1-844-539-3703, or for international callers, 1-412-652-1273, and asking for the Bright Horizons Family Solutions conference call, moderated by Chief Executive Officer Stephen Kramer. Replays of the entire call will be available
Bright Horizons Family Solutions® Inc. (NYSE:BFAM), a leading provider of high-quality early education and child care, family care solutions, and workforce education services designed to support working families and client employees across life and career stages, today announced financial results for the third quarter of 2024 and updated financial guidance for 2024. Third Quarter 2024 Highlights (compared to Third Quarter 2023): Revenue of $719 million (increase of 11%) Income from operations of $89 million (increase of 34%) Net income of $55 million and diluted earnings per common share of $0.94 (increases of 37% and 36%, respectively) Non-GAAP financial measures Adjusted EBITDA
Bright Horizons Family Solutions® Inc. (NYSE:BFAM) will release results for the quarter ended September 30, 2024 on Monday, November 4, 2024, after the stock market closes. Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m. ET to discuss the third quarter 2024, the Company's updated business outlook, its strategy and results. Interested parties are invited to listen to the conference call by dialing 1-877-407-9039, or for international callers, 1-201-689-8470, and asking for the Bright Horizons Family Solutions conference call, moderated by Chief Executive Officer Stephen Kramer. Replays of the entire call will be available thr
Bright Horizons Family Solutions® Inc. (NYSE:BFAM), a leading provider of high-quality early education and child care, family care solutions, and workforce education services designed to support working families and client employees across life and career stages, today announced financial results for the second quarter of 2024 and updated financial guidance for 2024. Second Quarter 2024 Highlights (compared to Second Quarter 2023): Revenue of $670 million (increase of 11%) Income from operations of $69 million (increase of 52%) Net income of $39 million and diluted earnings per common share of $0.67 (increases of 90% and 91%, respectively) Non-GAAP financial measures Adjust
Bright Horizons Family Solutions® Inc. (NYSE:BFAM) will release results for the quarter ended June 30, 2024 on Thursday, August 1, 2024, after the stock market closes. Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m. ET to discuss the second quarter 2024, the Company's updated business outlook, its strategy and results. Interested parties are invited to listen to the conference call by dialing 1-877-407-9039, or for international callers, 1-201-689-8470, and asking for the Bright Horizons Family Solutions conference call, moderated by Chief Executive Officer Stephen Kramer. Replays of the entire call will be available throug
Bright Horizons Family Solutions® Inc. (NYSE:BFAM), a leading provider of high-quality early education and child care, family care solutions, and workforce education services designed to support working families and client employees across life and career stages, today announced financial results for the first quarter of 2024 and reaffirmed financial guidance for 2024 initially provided on February 13, 2024. First Quarter 2024 Highlights (compared to First Quarter 2023): Revenue of $623 million (increase of 12%) Income from operations of $40 million (increase of 30%) Net income of $17 million and diluted earnings per common share of $0.29 (increases of 109% and 107%, respectively
Bright Horizons Family Solutions® Inc. (NYSE:BFAM) will release results for the quarter ended March 31, 2024 on Thursday, May 2, 2024, after the stock market closes. Following the release, the Company will host a telephone conference call with investors and analysts at 5:00 p.m. ET to discuss the first quarter 2024, the Company's updated business outlook, its strategy and results. Interested parties are invited to listen to the conference call by dialing 1-877-407-9039, or for international callers, 1-201-689-8470, and asking for the Bright Horizons Family Solutions conference call, moderated by Chief Executive Officer Stephen Kramer. Replays of the entire call will be available through M
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