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KinderCare Learning Companies (NYSE:KLC – Get Free Report) had its target price increased by analysts at Robert W. Baird from $1.50 to $4.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Robert W. Baird’s price target would indicate a potential downside of 9.17% from the company’s current price.
KLC has been the subject of several other research reports. The Goldman Sachs Group lowered their price objective on KinderCare Learning Companies from $5.20 to $2.90 and set a “neutral” rating for the company in a research report on Monday, March 16th. UBS Group lowered their price objective on KinderCare Learning Companies from $4.50 to $3.00 and set a “neutral” rating for the company in a research report on Friday, March 13th. Morgan Stanley downgraded KinderCare Learning Companies from an “equal weight” rating to an “underweight” rating and lowered their price objective for the company from $6.00 to $2.50 in a research report on Friday, March 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of KinderCare Learning Companies in a research report on Friday, March 27th. Finally, Barclays reiterated an “underweight” rating and issued a $2.00 price objective (down from $6.00) on shares of KinderCare Learning Companies in a research report on Monday, March 16th. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $4.06.
Check Out Our Latest Research Report on KLC
KinderCare Learning Companies Stock Up 7.2%
KinderCare Learning Companies (NYSE:KLC – Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.05. KinderCare Learning Companies had a positive return on equity of 9.85% and a negative net margin of 4.13%.The business 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 firm earned $0.23 earnings per share. KinderCare Learning Companies’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. On average, analysts forecast that KinderCare Learning Companies will post 0.17 earnings per share for the current fiscal year.
Insider Buying and Selling
In other KinderCare Learning Companies news, Director Michael Nuzzo bought 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The stock was bought at an average price of $2.22 per share, for a total transaction of $55,500.00. Following the completion of the acquisition, the director directly owned 46,905 shares in the company, valued at $104,129.10. The trade was a 114.13% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO John T. Wyatt bought 275,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were acquired at an average price of $2.07 per share, with a total value of $569,250.00. Following the acquisition, 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 ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have purchased 519,118 shares of company stock valued at $1,054,221. 5.31% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On KinderCare Learning Companies
Institutional investors have recently added to or reduced their stakes in the company. Tejara Capital Ltd bought a new position in KinderCare Learning Companies in the fourth quarter worth $927,000. Integrated Investment Consultants LLC bought a new position in KinderCare Learning Companies in the fourth quarter worth $92,000. SG Americas Securities LLC raised its holdings in KinderCare Learning Companies by 32.4% in the fourth quarter. SG Americas Securities LLC now owns 22,175 shares of the company’s stock worth $96,000 after purchasing an additional 5,428 shares in the last quarter. Ararat Capital Management LP bought a new position in KinderCare Learning Companies in the third quarter worth $3,656,000. Finally, Quantbot Technologies LP raised its holdings in KinderCare Learning Companies by 128.1% in the third quarter. Quantbot Technologies LP now owns 27,289 shares of the company’s stock worth $181,000 after purchasing an additional 15,324 shares in 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.
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