Wall Street Zen upgraded shares of KinderCare Learning Companies (NYSE:KLC – Free Report) from a strong sell rating to a sell rating in a research report sent to investors on Tuesday morning,Wall Street Zen reports.
Other research analysts have also issued reports about the company. BMO Capital Markets upped their price target on KinderCare Learning Companies from $4.00 to $6.00 and gave the stock an “outperform” rating in a report on Monday, May 18th. Barclays raised their price objective on shares of KinderCare Learning Companies from $2.00 to $3.00 and gave the stock an “underweight” rating in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $6.00 target price on shares of KinderCare Learning Companies in a research report on Friday, August 14th. UBS Group cut their target price on shares of KinderCare Learning Companies from $5.00 to $4.50 and set a “neutral” rating for the company in a research note on Friday, August 14th. Finally, Weiss Ratings downgraded shares of KinderCare Learning Companies from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, August 17th. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $4.13.
Check Out Our Latest Report on KinderCare Learning Companies
KinderCare Learning Companies Stock Up 1.1%
KinderCare Learning Companies (NYSE:KLC – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). KinderCare Learning Companies had a positive return on equity of 6.65% and a negative net margin of 17.23%.The business had revenue of $697.52 million during the quarter, compared to the consensus estimate of $697.94 million. During the same quarter in the previous year, the firm posted $0.22 earnings per share. The company’s revenue for the quarter was down .4% on a year-over-year basis. KinderCare Learning Companies has set its FY 2026 guidance at 0.050-0.150 EPS. As a group, equities research analysts anticipate that KinderCare Learning Companies will post 0.1 EPS for the current year.
Institutional Trading of KinderCare Learning Companies
A number of hedge funds have recently modified their holdings of KLC. Sequoia Financial Advisors LLC bought a new stake in shares of KinderCare Learning Companies during the second quarter valued at approximately $67,000. Integrated Wealth Concepts LLC acquired a new position in shares of KinderCare Learning Companies in the second quarter valued at $30,000. Corient Private Wealth LP bought a new position in KinderCare Learning Companies in the second quarter worth $61,000. Silver Point Capital L.P. bought a new position in KinderCare Learning Companies in the second quarter worth $21,696,250. Finally, Bank of America Corp DE acquired a new stake in KinderCare Learning Companies during the second quarter worth $251,000.
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.
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