Care.com (CRCM) Receives Media Sentiment Rating of 0.21
News headlines about Care.com (NYSE:CRCM) have been trending somewhat positive this week, Alpha One Sentiment reports. The research group, a unit of Accern, identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Care.com earned a news sentiment score of 0.21 on Alpha One’s scale. Alpha One also gave media stories about the information services provider an impact score of 85 out of 100, indicating that recent media coverage is very likely to have an effect on the company’s share price in the near term.
Shares of Care.com (NYSE:CRCM) traded down 1.11% during trading on Tuesday, reaching $11.60. The company’s stock had a trading volume of 37,110 shares. The stock has a market cap of $338.20 million, a price-to-earnings ratio of 112.62 and a beta of 0.78. The company has a 50 day moving average of $11.38 and a 200-day moving average of $9.54. Care.com has a 12-month low of $5.90 and a 12-month high of $12.97.
Care.com (NYSE:CRCM) last issued its quarterly earnings results on Thursday, March 9th. The information services provider reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. The business earned $43.50 million during the quarter, compared to analysts’ expectations of $42.15 million. Care.com had a negative return on equity of 1.53% and a net margin of 2.35%. The business’s quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.15 earnings per share. Analysts forecast that Care.com will post $0.35 EPS for the current year.
A number of research firms recently weighed in on CRCM. Roth Capital set a $11.00 target price on Care.com and gave the stock a “hold” rating in a research report on Saturday, March 11th. Zacks Investment Research upgraded Care.com from a “hold” rating to a “strong-buy” rating and set a $13.00 target price for the company in a research report on Wednesday, March 15th. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $11.63.
In other Care.com news, General Counsel Diane Musi sold 7,000 shares of the company’s stock in a transaction dated Monday, April 3rd. The stock was sold at an average price of $12.21, for a total value of $85,470.00. Following the completion of the sale, the general counsel now owns 53,450 shares in the company, valued at $652,624.50. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider David Krupinski sold 16,582 shares of the company’s stock in a transaction dated Thursday, February 9th. The stock was sold at an average price of $10.01, for a total value of $165,985.82. Following the completion of the sale, the insider now owns 187,509 shares of the company’s stock, valued at approximately $1,876,965.09. The disclosure for this sale can be found here. In the last 90 days, insiders sold 65,875 shares of company stock valued at $688,231. 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. The Company has approximately 18.4 million members, including over 10.3 million families and approximately 8.1 million caregivers, spanning over 20 countries. Its consumer matching solutions allow families to search for, qualify, vet, connect with and select caregivers.
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