KinderCare Learning Companies (NYSE:KLC) Shares Up 15.1% – Here’s What Happened

KinderCare Learning Companies, Inc. (NYSE:KLC)’s share price traded up 15.1% during trading on Tuesday . The company traded as high as $4.27 and last traded at $4.2460. 1,775,632 shares were traded during mid-day trading, an increase of 54% from the average session volume of 1,150,543 shares. The stock had previously closed at $3.69.

Analysts Set New Price Targets

A number of analysts have commented on the company. Morgan Stanley lowered KinderCare Learning Companies from an “equal weight” rating to an “underweight” rating and reduced their target price for the stock from $6.00 to $2.50 in a report on Friday, March 13th. The Goldman Sachs Group reduced their target price on KinderCare Learning Companies from $5.20 to $2.90 and set a “neutral” rating for the company in a report on Monday, March 16th. BMO Capital Markets reduced their target price on KinderCare Learning Companies from $6.00 to $4.00 and set an “outperform” rating for the company in a report on Friday, March 13th. UBS Group reduced their target price on KinderCare Learning Companies from $4.50 to $3.00 and set a “neutral” rating for the company in a report on Friday, March 13th. Finally, Barclays reissued an “underweight” rating and issued a $2.00 target price (down from $6.00) on shares of KinderCare Learning Companies in a report on Monday, March 16th. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $4.63.

KinderCare Learning Companies Stock Up 14.0%

The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.22. The company has a market cap of $497.99 million, a P/E ratio of -4.43 and a beta of 4.61. The company has a fifty day moving average of $3.01 and a 200 day moving average of $4.01.

KinderCare Learning Companies (NYSE:KLC) last issued its quarterly earnings data on Thursday, March 12th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.09 by $0.03. KinderCare Learning Companies had a positive return on equity of 9.85% and a negative net margin of 4.13%.The company had revenue of $688.14 million during the quarter. During the same period in the previous year, the firm earned $0.09 EPS. The business’s revenue was up 6.4% on a year-over-year basis. KinderCare Learning Companies has set its FY 2026 guidance at 0.100-0.200 EPS. On average, research analysts anticipate that KinderCare Learning Companies, Inc. will post 0.17 earnings per share for the current fiscal year.

Insider Buying and Selling at KinderCare Learning Companies

In other news, CEO John T. Wyatt acquired 275,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was bought at an average price of $2.07 per share, with a total value of $569,250.00. Following the completion of the acquisition, the chief executive officer directly owned 1,037,834 shares of the company’s stock, valued at approximately $2,148,316.38. The trade was a 36.05% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael Nuzzo acquired 25,000 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The stock was purchased at an average cost of $2.22 per share, with a total value of $55,500.00. Following the acquisition, the director directly owned 46,905 shares of the company’s stock, valued at $104,129.10. This trade represents a 114.13% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 519,118 shares of company stock valued at $1,054,221 in the last ninety days. 5.31% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On KinderCare Learning Companies

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP purchased a new position in KinderCare Learning Companies during the first quarter valued at $25,000. Counterpoint Mutual Funds LLC purchased a new position in KinderCare Learning Companies during the first quarter valued at $190,000. Hsbc Holdings PLC lifted its position in KinderCare Learning Companies by 79.4% during the fourth quarter. Hsbc Holdings PLC now owns 47,161 shares of the company’s stock valued at $203,000 after purchasing an additional 20,870 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its position in KinderCare Learning Companies by 434.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 7,829 shares of the company’s stock valued at $34,000 after purchasing an additional 6,365 shares in the last quarter. Finally, Alpine Global Management LLC purchased a new position in KinderCare Learning Companies during the fourth quarter valued at $88,000.

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.