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

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

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on KLC. UBS Group reduced their price objective on KinderCare Learning Companies from $4.50 to $3.00 and set a “neutral” rating on the stock in a research report on Friday, March 13th. The Goldman Sachs Group reduced their price objective on KinderCare Learning Companies from $5.20 to $2.90 and set a “neutral” rating on the stock in a research report on Monday, March 16th. Morgan Stanley lowered KinderCare Learning Companies from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $6.00 to $2.50 in a research report on Friday, March 13th. Robert W. Baird lowered KinderCare Learning Companies from an “outperform” rating to a “neutral” rating in a research report on Friday, March 13th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of KinderCare Learning Companies in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $4.63.

KinderCare Learning Companies Trading Up 14.0%

The firm has a 50-day moving average of $3.01 and a 200-day moving average of $4.01. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market capitalization of $497.99 million, a P/E ratio of -4.43 and a beta of 4.61.

KinderCare Learning Companies (NYSE:KLC) last released its quarterly earnings data on Thursday, March 12th. The company reported $0.12 earnings per share 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 business had revenue of $688.14 million during the quarter. During the same quarter last year, the business posted $0.09 EPS. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. KinderCare Learning Companies has set its FY 2026 guidance at 0.100-0.200 EPS. On average, equities research analysts anticipate that KinderCare Learning Companies, Inc. will post 0.17 EPS for the current fiscal year.

Insider Activity at KinderCare Learning Companies

In other KinderCare Learning Companies news, CEO John T. Wyatt acquired 275,000 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was acquired at an average price of $2.07 per share, for a total transaction of $569,250.00. Following the acquisition, the chief executive officer owned 1,037,834 shares in the company, valued at $2,148,316.38. This represents a 36.05% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Michael Nuzzo acquired 25,000 shares of the company’s stock in a transaction on Thursday, March 19th. The stock was acquired at an average price of $2.22 per share, with a total value of $55,500.00. Following the acquisition, the director owned 46,905 shares in the company, valued at approximately $104,129.10. This trade represents a 114.13% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders acquired 519,118 shares of company stock valued at $1,054,221. Company insiders own 5.31% of the company’s stock.

Institutional Investors Weigh In On KinderCare Learning Companies

Several institutional investors and hedge funds have recently bought and sold shares of KLC. Bank of Montreal Can bought a new position in KinderCare Learning Companies during the 4th quarter valued at approximately $19,994,000. American Century Companies Inc. increased its position in KinderCare Learning Companies by 15.4% during the 3rd quarter. American Century Companies Inc. now owns 4,421,704 shares of the company’s stock valued at $29,360,000 after buying an additional 588,987 shares in the last quarter. Burgundy Asset Management Ltd. increased its position in KinderCare Learning Companies by 47.5% during the 3rd quarter. Burgundy Asset Management Ltd. now owns 3,919,470 shares of the company’s stock valued at $28,181,000 after buying an additional 1,261,311 shares in the last quarter. Vanguard Group Inc. increased its position in 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. Finally, Alyeska Investment Group L.P. increased its position in KinderCare Learning Companies by 737.3% during the 3rd quarter. Alyeska Investment Group L.P. now owns 1,084,240 shares of the company’s stock valued at $7,199,000 after buying an additional 954,743 shares in the last quarter.

KinderCare Learning Companies Company Profile

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.