KinderCare Learning Companies Inc (NYSE:KLC) price on Friday, February 28, fall -1.62% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $19.46.
A look at the stock’s price movement, the close in the last trading session was $19.78. The PE ratio in trailing twelve months stood at 40.36. Turning to its 52-week performance, $29.89 and $17.05 were the 52-week high and 52-week low respectively. Overall, KLC moved -4.75% over the past month.
KinderCare Learning Companies Inc’s market cap currently stands at around $2.30 billion, with investors looking forward to this quarter’s earnings report slated for in April.
Analysts have a consensus estimate of 646.6M for the company’s revenue for the quarter, with a low and high estimate of 643M and 654.59M respectively.
KLC’s current price about -4.43% and -0.35% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 42.67, while 7-day volatility ratio is 3.11% and 3.77% in the 30-day chart. Further, KinderCare Learning Companies Inc (KLC) has a beta value of 0, and an average true range (ATR) of 0.77. Analysts have given the company’s stock an average 52-week price target of $35, forecast between a low of $30 and high of $41. Looking at the price targets, the low is -54.16% off current price level while to achieve the yearly target high, price needs to move -110.69%. Nonetheless, investors will most likely welcome a -79.86% jump to $35 which is the analysts’ median price.
If we refocus on KinderCare Learning Companies Inc (NYSE:KLC), historical trading data shows that trading volumes averaged 640.68K over the past 3 months. The company’s latest data on shares outstanding shows there are 117.97 million shares.
The 4.64% of KinderCare Learning Companies Inc’s shares are in the hands of company insiders while institutional holders own 97.25% of the company’s shares. Current price change has pushed the stock 9.33% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the KLC stock continues to rise going into the next quarter.
