News coverage about Care.com (NYSE:CRCM) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Care.com earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the information services provider an impact score of 46.0252218875484 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Which Analysts Are Watching Oracle Corporation (NYSE:ORCL)? (campdesrecrues.com)
- Care.com, Inc. (CRCM) PT Raised to $14.00 at Stifel Nicolaus (americanbankingnews.com)
- Edited Transcript of CRCM earnings conference call or presentation 10-Aug-17 12:00pm GMT (finance.yahoo.com)
- Care.com, Inc. (CRCM) Releases Earnings Results, Beats Expectations By $0.09 EPS (americanbankingnews.com)
- These Companies are Scheduled to Announce Their Earnings Today (fxpips.com)
Care.com (CRCM) traded up 11.45% during trading on Friday, hitting $15.48. 401,998 shares of the company traded hands. The stock has a market capitalization of $460.31 million, a PE ratio of 645.00 and a beta of 0.93. Care.com has a 52 week low of $7.51 and a 52 week high of $16.07. The company’s 50 day moving average is $14.88 and its 200-day moving average is $12.90.
Care.com (NYSE:CRCM) last posted its quarterly earnings data on Thursday, August 10th. The information services provider reported $0.11 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.15. Care.com had a net margin of 3.66% and a return on equity of 11.32%. The business had revenue of $42 million for the quarter, compared to analysts’ expectations of $41.34 million. During the same quarter in the previous year, the business posted ($0.03) earnings per share. The business’s revenue was up 9.9% compared to the same quarter last year. Analysts predict that Care.com will post $0.39 earnings per share for the current year.
A number of equities analysts have recently commented on CRCM shares. Zacks Investment Research raised shares of Care.com from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a report on Wednesday, July 12th. Stifel Nicolaus increased 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. 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. Finally, BidaskClub raised shares of Care.com from a “sell” rating to a “hold” rating in a report on Thursday. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Care.com presently has a consensus 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 dated Tuesday, August 1st. The stock was sold at an average price of $14.66, for a total transaction of $29,320.00. Following the completion of the sale, the general counsel now directly owns 30,593 shares of the company’s stock, valued at approximately $448,493.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David Krupinski sold 3,825 shares of Care.com stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $14.66, for a total value of $56,074.50. Following the completion of the transaction, the insider now directly owns 175,934 shares of the company’s stock, valued at $2,579,192.44. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 44,095 shares of company stock worth $651,424. Company insiders own 24.70% of the company’s stock.
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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