Press coverage about Care.com (NYSE:CRCM) has been trending somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog 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 daily sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the information services provider an impact score of 46.4319257352791 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- Care.com, Inc. breached its 50 day moving average in a Bullish Manner : CRCM-US : August 24, 2017 (finance.yahoo.com)
- Commit To Buy Care.com At $12.50, Earn 9.1% Annualized Using Options (stockoptionschannel.com)
- Care.Com Inc Shares Up 54.1% Since SmarTrend’s Buy Recommendation (CRCM) (mysmartrend.com)
- Care.com, Inc. :CRCM-US: Earnings Analysis: Q2, 2017 By the Numbers : August 23, 2017 (finance.yahoo.com)
Several research analysts have commented on the stock. Zacks Investment Research upgraded shares of Care.com from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a research report on Wednesday, July 19th. Roth Capital set a $14.00 price target on shares of Care.com and gave the stock a “hold” rating in a report on Thursday, August 10th. BidaskClub upgraded shares of Care.com from a “sell” rating to a “hold” rating in a report on Thursday, August 10th. Finally, Stifel Nicolaus upped their price target 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 equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $15.00.
Shares of Care.com (NYSE:CRCM) traded down 0.82% on Friday, hitting $14.47. 59,536 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 firm has a market cap of $430.76 million, a P/E ratio of 578.80 and a beta of 0.93. The stock has a 50-day moving average price of $14.88 and a 200 day moving average price of $13.33.
Care.com (NYSE:CRCM) last released its quarterly earnings data on Thursday, August 10th. The information services provider reported $0.11 EPS for the quarter, beating 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 million during the quarter, compared to analyst estimates of $41.34 million. During the same quarter last year, the business earned ($0.03) earnings per share. Care.com’s quarterly revenue was up 9.9% compared to the same quarter last year. Equities research analysts predict that Care.com will post $0.41 EPS for the current fiscal year.
In other Care.com news, General Counsel Diane Musi sold 3,119 shares of the stock in a transaction on Monday, June 12th. The shares were sold at an average price of $14.38, for a total transaction of $44,851.22. Following the completion of the transaction, the general counsel now owns 33,872 shares in the company, valued at $487,079.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David Krupinski sold 3,439 shares of the stock in a transaction on Monday, June 12th. The shares were sold at an average price of $14.38, for a total transaction of $49,452.82. Following the transaction, the insider now owns 172,672 shares of the company’s stock, valued at approximately $2,483,023.36. The disclosure for this sale can be found here. Insiders have sold 44,095 shares of company stock valued at $651,424 in the last quarter. 24.70% of the stock is owned by company insiders.
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Care.com Company Profile
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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