Wall Street Zen downgraded shares of KinderCare Learning Companies (NYSE:KLC – Free Report) from a sell rating to a strong sell rating in a research note published on Saturday.
Other analysts have also recently issued research reports about the company. Barclays raised their price objective on KinderCare Learning Companies from $2.00 to $3.00 and gave the stock an “underweight” rating in a research report on Monday, May 18th. BMO Capital Markets upped their target price on KinderCare Learning Companies from $4.00 to $6.00 and gave the company an “outperform” rating in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $6.00 price target on shares of KinderCare Learning Companies in a research note on Friday, August 14th. UBS Group lowered their price target on KinderCare Learning Companies from $5.00 to $4.50 and set a “neutral” rating for the company in a report on Friday, August 14th. Finally, JPMorgan Chase & Co. lowered KinderCare Learning Companies from a “neutral” rating to an “underweight” rating in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $4.13.
KinderCare Learning Companies Trading Down 1.1%
KinderCare Learning Companies (NYSE:KLC – Get Free Report) last announced its earnings results on Thursday, August 13th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.02). The firm had revenue of $697.52 million during the quarter, compared to analyst estimates of $697.94 million. KinderCare Learning Companies had a negative net margin of 17.23% and a positive return on equity of 6.65%. KinderCare Learning Companies’s revenue was down .4% on a year-over-year basis. During the same quarter last year, the business earned $0.22 earnings per share. KinderCare Learning Companies has set its FY 2026 guidance at 0.050-0.150 EPS. As a group, sell-side analysts anticipate that KinderCare Learning Companies will post 0.1 earnings per share for the current fiscal year.
Hedge Funds Weigh In On KinderCare Learning Companies
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KLC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in KinderCare Learning Companies by 6.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,811 shares of the company’s stock worth $195,000 after acquiring an additional 1,025 shares during the period. Tower Research Capital LLC TRC increased its holdings in shares of KinderCare Learning Companies by 62.4% in the second quarter. Tower Research Capital LLC TRC now owns 5,128 shares of the company’s stock valued at $52,000 after purchasing an additional 1,971 shares during the period. Caitong International Asset Management Co. Ltd increased its holdings in shares of KinderCare Learning Companies by 350.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 6,600 shares of the company’s stock valued at $29,000 after purchasing an additional 5,136 shares during the period. Legal & General Group Plc raised its stake in shares of KinderCare Learning Companies by 20.2% in the second quarter. Legal & General Group Plc now owns 30,909 shares of the company’s stock worth $312,000 after purchasing an additional 5,192 shares during the last quarter. Finally, Verition Fund Management LLC raised its stake in shares of KinderCare Learning Companies by 42.4% in the fourth quarter. Verition Fund Management LLC now owns 17,800 shares of the company’s stock worth $77,000 after purchasing an additional 5,304 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.
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