News headlines about Care.com (NYSE:CRCM) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Care.com earned a news sentiment score of 0.02 on Accern’s scale. Accern also assigned news stories about the information services provider an impact score of 45.6760887242722 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Care.com (NYSE CRCM) traded up 0.48% during trading on Tuesday, hitting $14.69. 137,785 shares of the stock traded hands. Care.com has a 52-week low of $7.51 and a 52-week high of $16.50. The company’s 50 day moving average is $14.88 and its 200 day moving average is $13.76. The firm has a market cap of $437.31 million, a PE ratio of 587.60 and a beta of 0.92.
Care.com (NYSE:CRCM) last released its earnings results on Thursday, August 10th. The information services provider reported $0.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.15. Care.com had a net margin of 3.66% and a return on equity of 10.98%. The business had revenue of $42.00 million for the quarter, compared to analysts’ expectations of $41.34 million. During the same period last year, the company earned ($0.03) earnings per share. The company’s quarterly revenue was up 9.9% on a year-over-year basis. On average, equities research analysts predict that Care.com will post $0.41 EPS for the current year.
Several brokerages have recently commented on CRCM. Zacks Investment Research upgraded shares of Care.com from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a report on Wednesday, July 19th. BidaskClub lowered shares of Care.com from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. Roth Capital set a $14.00 price objective on shares of Care.com and gave the stock a “hold” rating in a report on Monday, June 12th. Finally, Stifel Nicolaus upped their price objective on shares of Care.com from $12.00 to $14.00 and gave the stock a “buy” rating in a report on Friday, August 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $15.00.
In related news, General Counsel Diane Musi sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $14.66, for a total value of $29,320.00. Following the sale, the general counsel now directly owns 30,593 shares of the company’s stock, valued at $448,493.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider David Krupinski sold 4,175 shares of the firm’s stock in a transaction that occurred on Monday, July 3rd. The stock was sold at an average price of $14.71, for a total transaction of $61,414.25. Following the completion of the sale, the insider now directly owns 176,284 shares in the company, valued at $2,593,137.64. The disclosure for this sale can be found here. Insiders sold 21,000 shares of company stock worth $308,329 over the last three months. Corporate insiders own 24.70% of the company’s stock.
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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