Care.com, Inc. (NYSE:CRCM) is scheduled to be announcing its earnings results before the market opens on Tuesday, July 25th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Care.com has set its Q2 guidance at $0.01-0.02 EPS and its FY17 guidance at $0.35-0.38 EPS.
Care.com (NYSE:CRCM) last released its earnings results on Wednesday, May 3rd. The information services provider reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.05. The firm had revenue of $43.37 million for the quarter, compared to analyst estimates of $42.50 million. Care.com had a return on equity of 3.79% and a net margin of 0.67%. Care.com’s revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.01 earnings per share. On average, analysts expect Care.com to post $0.2 EPS for the current fiscal year and $0.34 EPS for the next fiscal year.
Care.com, Inc. (CRCM) opened at 15.14 on Tuesday. Care.com, Inc. has a 12-month low of $7.51 and a 12-month high of $16.07. The company’s 50-day moving average price is $15.25 and its 200-day moving average price is $11.60. The firm’s market capitalization is $445.18 million.
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In related news, insider David Krupinski sold 4,175 shares of the company’s stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of $14.71, for a total value of $61,414.25. Following the completion of the sale, the insider now owns 176,284 shares in the company, valued at $2,593,137.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Diane Musi sold 12,000 shares of the company’s stock in a transaction dated Wednesday, May 3rd. The shares were sold at an average price of $13.27, for a total value of $159,240.00. Following the completion of the sale, the general counsel now owns 51,450 shares of the company’s stock, valued at approximately $682,741.50. The disclosure for this sale can be found here. Insiders sold 56,270 shares of company stock valued at $795,709 in the last quarter. 24.70% of the stock is currently owned by corporate insiders.
CRCM has been the topic of several research reports. Zacks Investment Research raised Care.com from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research note on Wednesday, July 12th. Roth Capital set a $14.00 price target on Care.com and gave the company a “hold” rating in a research note on Monday, June 12th. Finally, BidaskClub lowered Care.com from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $13.38.
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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