Brokerages Set KinderCare Learning Companies, Inc. (NYSE:KLC) Target Price at $4.80

KinderCare Learning Companies, Inc. (NYSE:KLCGet Free Report) has been given a consensus recommendation of “Reduce” by the ten ratings firms that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $4.80.

Several equities research analysts recently issued reports on KLC shares. BMO Capital Markets lifted their price objective on KinderCare Learning Companies from $4.00 to $6.00 and gave the stock an “outperform” rating in a report on Monday, May 18th. Wall Street Zen downgraded KinderCare Learning Companies from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $5.00 price objective on shares of KinderCare Learning Companies in a report on Friday, May 15th. Barclays upped their target price on shares of KinderCare Learning Companies from $2.00 to $3.00 and gave the stock an “underweight” rating in a report on Monday, May 18th. Finally, UBS Group increased their target price on shares of KinderCare Learning Companies from $3.00 to $5.00 and gave the company a “neutral” rating in a research report on Friday, May 15th.

Read Our Latest Stock Analysis on KinderCare Learning Companies

Insider Buying and Selling

In related news, Director Michael Nuzzo bought 25,000 shares of the stock in a transaction dated Thursday, March 19th. The shares were acquired at an average cost of $2.22 per share, for a total transaction of $55,500.00. Following the acquisition, the director directly owned 46,905 shares in the company, valued at approximately $104,129.10. This trade represents a 114.13% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO John T. Wyatt acquired 275,000 shares of KinderCare Learning Companies stock in a transaction that occurred on Wednesday, March 18th. The shares were bought at an average price of $2.07 per share, for a total transaction of $569,250.00. Following the transaction, the chief executive officer owned 1,037,834 shares of the company’s stock, valued at $2,148,316.38. This represents a 36.05% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired a total of 519,118 shares of company stock worth $1,054,221 over the last three months. Corporate insiders own 5.31% of the company’s stock.

Institutional Trading of KinderCare Learning Companies

Several institutional investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in KinderCare Learning Companies by 6.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,811 shares of the company’s stock valued at $195,000 after purchasing an additional 1,025 shares during the period. Legal & General Group Plc lifted its stake in KinderCare Learning Companies by 20.2% during the second quarter. Legal & General Group Plc now owns 30,909 shares of the company’s stock worth $312,000 after purchasing an additional 5,192 shares in the last quarter. Rhumbline Advisers lifted its stake in KinderCare Learning Companies by 32.1% during the second quarter. Rhumbline Advisers now owns 44,209 shares of the company’s stock worth $447,000 after purchasing an additional 10,735 shares in the last quarter. Russell Investments Group Ltd. acquired a new position in KinderCare Learning Companies during the second quarter worth $270,000. Finally, Invesco Ltd. lifted its stake in KinderCare Learning Companies by 48.0% during the second quarter. Invesco Ltd. now owns 33,698 shares of the company’s stock worth $340,000 after purchasing an additional 10,932 shares in the last quarter.

KinderCare Learning Companies Price Performance

Shares of NYSE KLC opened at $3.79 on Thursday. The business’s 50 day moving average price is $3.33 and its 200 day moving average price is $3.81. The firm has a market cap of $448.97 million, a P/E ratio of -1.06 and a beta of 4.45. The company has a quick ratio of 0.73, a current ratio of 0.74 and a debt-to-equity ratio of 1.95. KinderCare Learning Companies has a 52 week low of $1.75 and a 52 week high of $11.99.

KinderCare Learning Companies (NYSE:KLCGet Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.05. KinderCare Learning Companies had a positive return on equity of 8.22% and a negative net margin of 15.48%.The company had revenue of $672.52 million for the quarter, compared to the consensus estimate of $669.13 million. During the same period last year, the firm earned $0.23 EPS. The firm’s revenue for the quarter was up .6% compared to the same quarter last year. KinderCare Learning Companies has set its FY 2026 guidance at 0.150-0.250 EPS. On average, sell-side analysts expect that KinderCare Learning Companies will post 0.2 earnings per share for the current year.

About KinderCare Learning Companies

(Get Free Report)

KinderCare Learning Companies Inc is a provider of high-quality early childhood education by center capacity. KinderCare Learning Companies Inc is based in PORTLAND, Ore.

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Analyst Recommendations for KinderCare Learning Companies (NYSE:KLC)

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