Morgan Stanley Cuts KinderCare Learning Companies (NYSE:KLC) Price Target to $2.00

KinderCare Learning Companies (NYSE:KLC) had its price objective trimmed by Morgan Stanley from $2.50 to $2.00 in a report released on Wednesday morning, Marketbeat Ratings reports. The brokerage currently has an underweight rating on the stock.

Other equities research analysts also recently issued reports about the company. Wall Street Zen upgraded KinderCare Learning Companies from a “strong sell” rating to a “sell” rating in a research report on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $6.00 price objective on shares of KinderCare Learning Companies in a research note on Friday, August 14th. JPMorgan Chase & Co. cut KinderCare Learning Companies from a “neutral” rating to an “underweight” rating in a research note on Friday, August 14th. UBS Group lowered their target price on KinderCare Learning Companies from $5.00 to $4.50 and set a “neutral” rating on the stock in a report on Friday, August 14th. Finally, Weiss Ratings cut shares of KinderCare Learning Companies from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $4.06.

KinderCare Learning Companies Stock Down 3.4%

KinderCare Learning Companies stock opened at $2.13 on Wednesday. The stock has a market cap of $251.97 million, a price-to-earnings ratio of -0.53 and a beta of 3.78. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 1.97. The company’s 50-day moving average price is $3.50 and its two-hundred day moving average price is $3.58. KinderCare Learning Companies has a 52 week low of $1.75 and a 52 week high of $7.10.

KinderCare Learning Companies (NYSE:KLC) last issued its quarterly earnings results on Thursday, August 13th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The company had revenue of $697.52 million during the quarter, compared to analyst estimates of $697.94 million. KinderCare Learning Companies had a positive return on equity of 6.65% and a negative net margin of 17.23%.The company’s revenue was down .4% on a year-over-year basis. During the same period in the prior year, the company posted $0.22 earnings per share. KinderCare Learning Companies has set its FY 2026 guidance at 0.050-0.150 EPS. On average, analysts expect that KinderCare Learning Companies will post 0.1 EPS for the current fiscal year.

Institutional Investors Weigh In On KinderCare Learning Companies

Several hedge funds have recently made changes to their positions in KLC. Silver Point Capital L.P. acquired a new position in KinderCare Learning Companies in the 2nd quarter worth approximately $21,696,250. BlackRock Inc. acquired a new stake in KinderCare Learning Companies during the 2nd quarter valued at $9,413,000. GSA Capital Partners LLP purchased a new stake in shares of KinderCare Learning Companies in the second quarter valued at $1,886,000. Villanova Investment Management Co LLC lifted its holdings in shares of KinderCare Learning Companies by 62.3% in the fourth quarter. Villanova Investment Management Co LLC now owns 407,963 shares of the company’s stock valued at $1,762,000 after purchasing an additional 156,663 shares in the last quarter. Finally, First Trust Advisors LP boosted its position in shares of KinderCare Learning Companies by 146.0% in the first quarter. First Trust Advisors LP now owns 582,830 shares of the company’s stock worth $1,282,000 after buying an additional 345,948 shares during the period.

About KinderCare Learning Companies

KinderCare Learning Companies, Inc (NYSE: KLC) is a provider of early childhood education and child care services in the United States. The company operates center-based programs for infants, toddlers, preschoolers and pre-kindergarten children, with an emphasis on early learning, development and school readiness.

Through its KinderCare Learning Centers and other programs, the company also provides before- and after-school care, summer camps and school-age enrichment services. Its offerings are available to families directly and through employer-supported child care arrangements, including services marketed to businesses seeking child care benefits for employees.

Founded in 1969, KinderCare serves communities across the United States through a network of early learning centers and school-based programs.