KinderCare Learning Companies, Inc. (NYSE:KLC – Get Free Report)’s share price rose 7.5% during mid-day trading on Wednesday . The company traded as high as $5.37 and last traded at $5.4190. Approximately 77,350 shares were traded during mid-day trading, a decline of 93% from the average session volume of 1,075,942 shares. The stock had previously closed at $5.04.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on KLC. Robert W. Baird boosted their price objective on shares of KinderCare Learning Companies from $1.50 to $4.00 and gave the company a “neutral” rating in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $5.00 target price on shares of KinderCare Learning Companies in a report on Friday, May 15th. Wall Street Zen cut KinderCare Learning Companies from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. UBS Group boosted their price target on KinderCare Learning Companies from $3.00 to $5.00 and gave the company a “neutral” rating in a report on Friday, May 15th. Finally, Weiss Ratings lowered KinderCare Learning Companies from a “sell (d)” rating to a “sell (e+)” rating in a research report on Friday, May 15th. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $4.80.
Read Our Latest Analysis on KinderCare Learning Companies
KinderCare Learning Companies Trading Down 1.0%
KinderCare Learning Companies (NYSE:KLC – Get Free Report) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.05. KinderCare Learning Companies had a negative net margin of 15.48% and a positive return on equity of 8.22%. The business had revenue of $672.52 million during the quarter, compared to analyst estimates of $669.13 million. During the same period in the prior year, the business earned $0.23 EPS. The company’s revenue for the quarter was up .6% on a year-over-year basis. KinderCare Learning Companies has set its FY 2026 guidance at 0.150-0.250 EPS. Analysts predict that KinderCare Learning Companies, Inc. will post 0.2 earnings per share for the current fiscal year.
Hedge Funds Weigh In On KinderCare Learning Companies
Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of Montreal Can bought a new position in KinderCare Learning Companies in the fourth quarter worth about $19,994,000. Alyeska Investment Group L.P. boosted its position in KinderCare Learning Companies by 737.3% during the 3rd quarter. Alyeska Investment Group L.P. now owns 1,084,240 shares of the company’s stock valued at $7,199,000 after acquiring an additional 954,743 shares in the last quarter. Frontier Capital Management Co. LLC purchased a new position in shares of KinderCare Learning Companies during the 2nd quarter worth approximately $5,466,000. Ameriprise Financial Inc. grew its holdings in shares of KinderCare Learning Companies by 69.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 997,836 shares of the company’s stock worth $6,626,000 after acquiring an additional 408,124 shares during the period. Finally, First Trust Advisors LP raised its position in shares of KinderCare Learning Companies by 146.0% in the 1st quarter. First Trust Advisors LP now owns 582,830 shares of the company’s stock worth $1,282,000 after acquiring an additional 345,948 shares in the last quarter.
KinderCare Learning Companies Company Profile
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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