Bright Good Will vs Common Stock Analysis

BFAM Stock  USD 115.63  0.38  0.33%   
Bright Horizons financial indicator trend analysis is way more than just evaluating Bright Horizons Family prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bright Horizons Family is a good investment. Please check the relationship between Bright Horizons Good Will and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bright Horizons Family. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Good Will vs Common Stock

Good Will vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bright Horizons Family Good Will account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bright Horizons' Good Will and Common Stock is -0.36. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock in the same time period over historical financial statements of Bright Horizons Family, assuming nothing else is changed. The correlation between historical values of Bright Horizons' Good Will and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Bright Horizons Family are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Good Will i.e., Bright Horizons' Good Will and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Common Stock

Most indicators from Bright Horizons' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bright Horizons Family current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bright Horizons Family. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Bright Horizons' Selling General Administrative is very stable compared to the past year. Issuance Of Capital Stock is expected to grow at the current pace this year, while Tax Provision is likely to drop about 23.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit415.0M478.7M484.8M269.4M
Total Revenue1.8B2.0B2.4B1.2B

Bright Horizons fundamental ratios Correlations

0.990.810.930.810.950.970.780.270.441.00.820.460.92-0.060.460.640.760.30.920.910.850.87-0.090.950.5
0.990.80.930.770.970.980.820.320.430.980.80.450.9-0.060.420.670.740.210.920.910.830.87-0.090.920.51
0.810.80.910.620.790.850.750.150.050.830.630.080.890.060.220.420.490.040.770.840.60.780.020.70.26
0.930.930.910.80.910.940.880.370.260.930.870.290.970.130.340.450.660.170.830.930.770.950.10.90.52
0.810.770.620.80.810.740.730.430.440.790.770.460.790.430.530.190.810.630.510.770.770.790.410.850.55
0.950.970.790.910.810.940.90.330.480.930.80.50.920.130.330.550.730.160.840.950.860.890.10.890.41
0.970.980.850.940.740.940.80.350.270.980.790.290.9-0.070.420.650.670.190.920.90.730.85-0.10.90.53
0.780.820.750.880.730.90.80.480.370.760.830.390.890.370.080.290.54-0.060.650.90.770.930.340.770.39
0.270.320.150.370.430.330.350.48-0.050.280.45-0.040.280.380.17-0.060.180.120.10.30.130.460.380.270.72
0.440.430.050.260.440.480.270.37-0.050.360.341.00.330.030.180.360.650.220.340.370.80.420.030.460.07
1.00.980.830.930.790.930.980.760.280.360.810.380.91-0.080.480.650.740.30.920.90.790.85-0.120.940.52
0.820.80.630.870.770.80.790.830.450.340.810.360.890.190.330.320.590.180.680.840.750.90.160.910.6
0.460.450.080.290.460.50.290.39-0.041.00.380.360.360.030.190.380.660.220.360.40.820.450.030.480.08
0.920.90.890.970.790.920.90.890.280.330.910.890.360.160.260.410.620.120.820.970.830.930.120.890.4
-0.06-0.060.060.130.430.13-0.070.370.380.03-0.080.190.030.16-0.1-0.730.050.17-0.370.180.110.221.00.040.01
0.460.420.220.340.530.330.420.080.170.180.480.330.190.26-0.10.350.750.720.320.230.30.25-0.090.50.54
0.640.670.420.450.190.550.650.29-0.060.360.650.320.380.41-0.730.350.510.00.820.440.480.38-0.730.530.3
0.760.740.490.660.810.730.670.540.180.650.740.590.660.620.050.750.510.610.570.60.790.660.060.780.52
0.30.210.040.170.630.160.19-0.060.120.220.30.180.220.120.170.720.00.610.010.080.240.10.180.380.44
0.920.920.770.830.510.840.920.650.10.340.920.680.360.82-0.370.320.820.570.010.820.720.74-0.410.810.35
0.910.910.840.930.770.950.90.90.30.370.90.840.40.970.180.230.440.60.080.820.830.890.140.860.33
0.850.830.60.770.770.860.730.770.130.80.790.750.820.830.110.30.480.790.240.720.830.830.090.840.28
0.870.870.780.950.790.890.850.930.460.420.850.90.450.930.220.250.380.660.10.740.890.830.190.870.55
-0.09-0.090.020.10.410.1-0.10.340.380.03-0.120.160.030.121.0-0.09-0.730.060.18-0.410.140.090.190.010.02
0.950.920.70.90.850.890.90.770.270.460.940.910.480.890.040.50.530.780.380.810.860.840.870.010.59
0.50.510.260.520.550.410.530.390.720.070.520.60.080.40.010.540.30.520.440.350.330.280.550.020.59
Click cells to compare fundamentals

Bright Horizons Account Relationship Matchups

Bright Horizons fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3B3.7B3.6B3.8B3.9B4.1B
Short Long Term Debt Total1.8B1.8B1.8B2.0B1.9B2.0B
Other Current Liab135.5M114.1M164.6M344.6M282.5M296.6M
Total Current Liabilities483.3M530.8M622.2M786.3M799.4M839.4M
Total Stockholder Equity971.3M1.3B1.2B1.1B1.2B1.3B
Property Plant And Equipment Net1.3B1.3B1.3B1.4B1.4B1.4B
Net Debt1.8B1.5B1.5B1.9B1.8B1.9B
Retained Earnings373.5M400.5M471.0M551.6M625.8M657.1M
Accounts Payable31.6M30.0M8.5M24.6M24.8M23.4M
Cash27.9M384.3M261.0M36.2M71.6M56.8M
Non Current Assets Total3.1B3.1B3.1B3.5B3.4B3.6B
Non Currrent Assets Other46.9M49.3M72.5M34.9M75.6M79.4M
Cash And Short Term Investments27.9M384.3M261.0M36.2M93.6M59.5M
Net Receivables148.9M176.6M211.0M217.2M281.7M295.8M
Common Stock Shares Outstanding58.9M60.3M60.9M58.5M57.9M42.0M
Liabilities And Stockholders Equity3.3B3.7B3.6B3.8B3.9B4.1B
Non Current Liabilities Total1.9B1.9B1.8B1.9B1.9B975.6M
Other Current Assets52.2M92.5M88.9M76.6M71.6M43.9M
Other Stockholder Equity648.0M910.3M745.6M599.4M645.9M489.5M
Total Liab2.4B2.4B2.5B2.7B2.7B2.8B
Property Plant And Equipment Gross1.3B1.3B1.3B1.4B2.0B2.1B
Total Current Assets228.9M624.2M540.3M347.7M446.9M469.2M
Short Term Debt93.9M185.1M190.7M194.1M219.3M230.2M
Current Deferred Revenue222.4M238.3M321.5M223.0M272.9M286.5M
Other Liab159.0M162.1M158.3M160.1M184.2M103.4M
Other Assets29.6M767.1M72.5M63.8M(1.0)(0.95)
Long Term Debt1.0B1.0B976.4M961.6M944.3M655.9M
Good Will1.4B1.4B1.5B1.7B1.8B928.4M
Accumulated Other Comprehensive Income(50.3M)(27.1M)(37.4M)(70.6M)(59.1M)(56.1M)
Intangible Assets304.7M274.6M251.0M245.6M216.6M301.3M
Property Plant Equipment636.2M628.8M1.3B1.4B1.6B1.7B
Retained Earnings Total Equity193.1M373.5M400.5M471.0M541.6M568.7M
Deferred Long Term Liab143.1M58.9M46.0M48.5M43.7M86.4M
Net Tangible Assets(746.3M)(422.8M)(553.5M)(893.0M)(1.0B)(1.1B)
Long Term Debt Total1.0B1.0B1.0B976.4M1.1B1.1B

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When determining whether Bright Horizons Family is a strong investment it is important to analyze Bright Horizons' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bright Horizons' future performance. For an informed investment choice regarding Bright Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bright Horizons Family. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bright Horizons. If investors know Bright will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bright Horizons listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.362
Earnings Share
2.01
Revenue Per Share
45.36
Quarterly Revenue Growth
0.114
Return On Assets
0.0433
The market value of Bright Horizons Family is measured differently than its book value, which is the value of Bright that is recorded on the company's balance sheet. Investors also form their own opinion of Bright Horizons' value that differs from its market value or its book value, called intrinsic value, which is Bright Horizons' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bright Horizons' market value can be influenced by many factors that don't directly affect Bright Horizons' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bright Horizons' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bright Horizons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bright Horizons' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.