KinderCare Learning Companies Inc (NYSE:KLC) does about 815.51K shares in volume on a normal day but saw 757725 shares change hands in the recent trading day. The company now has a market cap of 2.29B USD. Its current market price is $19.39, marking a decrease of -5.32% compared to the previous close of $20.48. The 52 week high reached by this stock is $29.89 whilst the lowest price level in 52 weeks is $19.00. The script in recent trading has seen the stock touch a high of $41 and a low of $30.
KinderCare Learning Companies Inc (KLC) has a 20-day trading average at $22.88 and the current price is -35.13% off the 52-week high compared with 2.05% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 8.13%, which decreases to 7.32% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 32.49 to suggest the stock is neutral.
The consensus objective for the share price is $33.00, suggesting that the stock has a potential upside of 41.24% over the period. The median price target is 44.6% away from the current levels at $35.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on November 25, 2024 when Morgan Stanley upgraded the stock to “Overweight” and issued a price target of $30. Robert W. Baird also upgraded the stock to “Outperform” from Neutral on November 22, 2024 at a price target of $30. UBS initiated its price target at $36.
The current price level is -15.26%, -24.82%, and -24.82% away from its SMA20, SMA50, and SMA200 respectively, with the KLC price moving above the 50-day SMA on current market day. KinderCare Learning Companies Inc (KLC) stock is down -13.67% over the week and -30.38% over the past month. Its price is -25.79% year-to-date.
The company’s next earnings report forecasts estimating quarterly EPS at 0.05 and 0.32 for whole year. Expected sales for next quarter are $692.17M, which analysts say will come at $2.66B for the current fiscal year and next year at $2.86B. In addition, estimates put the company’s current quarterly revenue at an average of $645.37M.
Its 12-month price target is $35. To reach the target analysts have set, the stock logically needs to grow 41.24 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $30, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $41.
Outstanding shares total 117.97M with insiders holding 4.53% of the shares and institutional holders owning 69.02% of the company’s common stock. The company has a return on investment of 1.82% and return on equity of 22.43%. The price to earnings ratio (P/E ratio) amounts to 40.21. Price to book ratio is 9.71 and price to sales ratio is 0.87.
