Care.com (CRCM) Earning Somewhat Favorable Media Coverage, Analysis Shows

Media stories about Care.com (NYSE:CRCM) have been trending somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by analyzing 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 daily sentiment score of 0.15 on Accern’s scale. Accern also assigned news stories about the information services provider an impact score of 45.7346986881672 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:

Several research analysts have recently commented on CRCM shares. Zacks Investment Research cut shares of Care.com from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. BidaskClub raised shares of Care.com from a “sell” rating to a “hold” rating in a report on Thursday, October 5th. Finally, Roth Capital set a $14.00 target price on shares of Care.com and gave the stock a “hold” rating in a report on Thursday, August 10th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $15.00.

Shares of Care.com (CRCM) traded up 2.76% during trading on Friday, hitting $15.64. 127,398 shares of the stock were exchanged. Care.com has a 52 week low of $7.51 and a 52 week high of $16.92. The firm has a market capitalization of $465.59 million, a price-to-earnings ratio of 625.60 and a beta of 0.94. The stock’s 50 day moving average price is $15.35 and its 200 day moving average price is $14.71.

Care.com (NYSE:CRCM) last issued its quarterly earnings results on Thursday, August 10th. The information services provider reported $0.11 earnings per share 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 company had revenue of $42.00 million for the quarter, compared to the consensus estimate of $41.34 million. During the same quarter in the prior year, the company earned ($0.03) EPS. Care.com’s quarterly revenue was up 9.9% on a year-over-year basis. On average, equities analysts predict that Care.com will post $0.40 earnings per share for the current year.

In other news, General Counsel Diane Musi sold 3,018 shares of the stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $14.56, for a total transaction of $43,942.08. Following the transaction, the general counsel now owns 33,006 shares in the company, valued at approximately $480,567.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider David Krupinski sold 20,000 shares of the firm’s stock in a transaction on Monday, October 9th. The shares were sold at an average price of $16.24, for a total value of $324,800.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 62,178 shares of company stock worth $973,576. Insiders own 24.70% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Care.com (NYSE:CRCM)

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