Shares of KinderCare Learning Companies, Inc. (NYSE:KLC – Get Free Report) shot up 7.5% during mid-day trading on Wednesday . The stock traded as high as $5.37 and last traded at $5.4190. Approximately 77,350 shares changed hands during trading, a decline of 93% from the average daily volume of 1,075,942 shares. The stock had previously closed at $5.04.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on KLC shares. Weiss Ratings cut shares of KinderCare Learning Companies from a “sell (d)” rating to a “sell (e+)” rating in a report on Friday, May 15th. BMO Capital Markets raised their price target on KinderCare Learning Companies from $4.00 to $6.00 and gave the stock an “outperform” rating in a research note on Monday, May 18th. Barclays boosted their target price on shares of KinderCare Learning Companies from $2.00 to $3.00 and gave the company an “underweight” rating in a research 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. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $5.00 target price on shares of KinderCare Learning Companies in a report on Friday, May 15th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $4.80.
Check Out Our Latest Stock Report on KLC
KinderCare Learning Companies Stock Performance
KinderCare Learning Companies (NYSE:KLC – Get Free Report) last posted its earnings results on Thursday, May 14th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $669.13 million. During the same quarter in the prior year, the business earned $0.23 earnings per share. KinderCare Learning Companies’s revenue was up .6% on a year-over-year basis. KinderCare Learning Companies has set its FY 2026 guidance at 0.150-0.250 EPS. As a group, research analysts forecast that KinderCare Learning Companies, Inc. will post 0.2 earnings per share for the current year.
Institutional Investors Weigh In On KinderCare Learning Companies
A number of large investors have recently bought and sold shares of KLC. Bank of Montreal Can purchased a new stake in KinderCare Learning Companies in the fourth quarter valued at $19,994,000. Vanguard Group Inc. lifted its position in shares of KinderCare Learning Companies by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 3,073,413 shares of the company’s stock valued at $20,407,000 after buying an additional 97,361 shares in the last quarter. Alyeska Investment Group L.P. boosted its holdings in KinderCare Learning Companies by 737.3% in the 3rd quarter. Alyeska Investment Group L.P. now owns 1,084,240 shares of the company’s stock worth $7,199,000 after buying an additional 954,743 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in KinderCare Learning Companies by 69.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 997,836 shares of the company’s stock valued at $6,626,000 after purchasing an additional 408,124 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in KinderCare Learning Companies by 4.1% in the 4th quarter. Geode Capital Management LLC now owns 730,758 shares of the company’s stock valued at $3,158,000 after acquiring an additional 28,627 shares during the last quarter.
About KinderCare Learning Companies
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.
Featured Articles
- Five stocks we like better than KinderCare Learning Companies
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
- 2 Quantum Stocks That Could Challenge IonQ’s Leadership
- Plot Twist: 12 States Could Stall the Paramount-Warner Bros. Discovery Mega-Merger
- Alphabet’s AI Spending Question Looms Over Q2 Earnings
Receive News & Ratings for KinderCare Learning Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KinderCare Learning Companies and related companies with MarketBeat.com's FREE daily email newsletter.
