BFAM Stock Summary and Trading Ideas (Bright Horizons Family Solutions | NYSE:BFAM)

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.

Bright Horizons Family Solutions trades on the NYSE stock market under the symbol BFAM.

As of April 19, 2024, BFAM stock price climbed to $104.45 with 223,238 million shares trading.

BFAM has a beta of 1.55, meaning it tends to be more sensitive to market movements. BFAM has a correlation of 0.25 to the broad based SPY ETF.

BFAM has a market cap of $6.37 billion. This is considered a Mid Cap stock.

Last quarter Bright Horizons Family Solutions reported $616 million in Revenue and $.83 earnings per share. This beat revenue expectation by $22 million and exceeded earnings estimates by $.10.

In the last 3 years, BFAM stock traded as high as $171.91 and as low as $54.19.

The top ETF exchange traded funds that BFAM belongs to (by Net Assets): VTI, VB, VXF, VBK, SCHA.

BFAM has outperformed the market in the last year with a return of +31.6%, while the SPY ETF gained +21.2%. In the last 3 month period, BFAM beat the market returning +8.5%, while SPY returned +4.3%. However, in the most recent 2 weeks BFAM has underperformed the stock market by returning -4.8%, while SPY returned -3.5%.

BFAM support price is $102.26 and resistance is $105.18 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BFAM stock will trade within this expected range on the day.