BMO Capital analyst Jeffrey Silber maintains $KinderCare Learning Companies (KLC.US)$ with a buy rating, and adjusts the target price from $34 to $31.
According to TipRanks data, the analyst has a success rate of 62.9% and a total average return of 10.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $KinderCare Learning Companies (KLC.US)$'s main analysts recently are as follows:
Following the Q3 results, KinderCare Learning's adjusted EBITDA exceeded expectations due to the modification in tuition registration fees and certain timing advantages. Moreover, management confirmed its guidance for 2024 and beyond during their discussion. As the largest childcare provider in the U.S., KinderCare is expected to gain from its scale, notably in areas like teacher recruitment and child enrollment.
The material decline in shares, juxtaposed with relatively stable estimates, prompted a positive reassessment of KinderCare Learning. The company is perceived to offer a favorable risk/reward balance leading up to 2026, contingent on its execution capabilities. Analysts maintain a positive outlook on KinderCare's pricing model, which is regarded as a principal driver of organic EBIT growth, supported by long-duration and fairly recurring revenue.
Note:
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