Press coverage about Care.com (NYSE:CRCM) has trended positive on Friday, AlphaOne Sentiment reports. AlphaOne, a division of Accern, ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Care.com earned a media sentiment score of 0.25 on AlphaOne’s scale. AlphaOne also assigned news coverage about the information services provider an impact score of 42 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Several analysts recently weighed in on the company. Zacks Investment Research upgraded Care.com from a “hold” rating to a “strong-buy” rating and set a $13.00 price objective for the company in a research report on Wednesday, March 15th. Roth Capital set a $11.00 price objective on Care.com and gave the stock a “hold” rating in a research report on Saturday, March 11th. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $11.63.
Shares of Care.com (NYSE:CRCM) traded down 0.76% during trading on Friday, reaching $11.83. The company’s stock had a trading volume of 129,314 shares. The stock’s 50-day moving average is $11.52 and its 200-day moving average is $9.58. Care.com has a 12-month low of $5.90 and a 12-month high of $12.97. The stock has a market cap of $344.90 million, a P/E ratio of 114.85 and a beta of 0.78.
Care.com (NYSE:CRCM) last announced its quarterly earnings results on Thursday, March 9th. The information services provider reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.04. Care.com had a negative return on equity of 1.53% and a net margin of 2.35%. The company had revenue of $43.50 million for the quarter, compared to the consensus estimate of $42.15 million. During the same quarter in the previous year, the business earned $0.15 EPS. Care.com’s revenue was up 15.8% compared to the same quarter last year. Equities research analysts anticipate that Care.com will post $0.35 earnings per share for the current fiscal year.
In related news, General Counsel Diane Musi sold 11,848 shares of the business’s stock in a transaction dated Tuesday, February 7th. The stock was sold at an average price of $9.02, for a total transaction of $106,868.96. Following the transaction, the general counsel now owns 59,832 shares in the company, valued at approximately $539,684.64. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider David Krupinski sold 4,000 shares of the business’s stock in a transaction dated Monday, April 3rd. The shares were sold at an average price of $12.28, for a total value of $49,120.00. Following the transaction, the insider now owns 186,654 shares in the company, valued at approximately $2,292,111.12. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 65,875 shares of company stock worth $688,231. 24.70% of the stock is owned by company insiders.
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Care.com, Inc is an online marketplace for finding and managing family care. As of December 31, 2016, the Company had 22.8 million members, including 12.9 million families and 9.9 million caregivers, spanning 19 countries. Its consumer matching solutions allow families to search for, qualify, vet, connect with and select caregivers.
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