Media stories about Care.com (NYSE:CRCM) have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Care.com earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the information services provider an impact score of 45.5054903725394 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment’s analysis:
- Insider Selling: Care.com, Inc. (CRCM) Insider Sells 20,000 Shares of Stock (americanbankingnews.com)
- Head to Head Contrast: Yirendai (YRD) & Care.com (CRCM) (americanbankingnews.com)
- Care.com, Inc. (CRCM) Downgraded to “Hold” at Zacks Investment Research (americanbankingnews.com)
- Head to Head Analysis: Care.com (CRCM) & Leaf Group (LFGR) (americanbankingnews.com)
- Care.com, Inc. (CRCM) Upgraded to Buy by Zacks Investment Research (americanbankingnews.com)
CRCM has been the subject of several recent analyst reports. BidaskClub lowered shares of Care.com from a “sell” rating to a “strong sell” rating in a research note on Friday, September 22nd. Zacks Investment Research upgraded shares of Care.com from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a research note on Wednesday, July 19th. Finally, Roth Capital set a $14.00 price target on shares of Care.com and gave the stock a “hold” rating in a research note on Thursday, August 3rd. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $15.33.
Care.com (NYSE CRCM) traded up 2.07% during trading on Thursday, hitting $16.76. 141,479 shares of the company’s stock were exchanged. The firm has a market cap of $498.93 million, a price-to-earnings ratio of 670.40 and a beta of 0.94. Care.com has a 12-month low of $7.51 and a 12-month high of $16.92. The company’s 50-day moving average price is $15.11 and its 200 day moving average price is $14.44.
Care.com (NYSE:CRCM) last issued its quarterly earnings data on Thursday, August 10th. The information services provider reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.15. Care.com had a return on equity of 10.98% and a net margin of 3.66%. The firm had revenue of $42.00 million during the quarter, compared to analyst estimates of $41.34 million. During the same quarter last year, the firm earned ($0.03) EPS. Care.com’s quarterly revenue was up 9.9% on a year-over-year basis. Equities analysts forecast that Care.com will post $0.40 earnings per share for the current fiscal year.
In other Care.com news, insider David Krupinski sold 3,326 shares of Care.com stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $14.56, for a total transaction of $48,426.56. Following the sale, the insider now owns 176,128 shares of the company’s stock, valued at approximately $2,564,423.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Diane Musi sold 2,000 shares of Care.com stock in a transaction 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 in the company, valued at approximately $448,493.38. The disclosure for this sale can be found here. In the last quarter, insiders sold 38,498 shares of company stock valued at $594,713. Insiders own 24.70% of the company’s stock.
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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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