Care.com (NYSE:CRCM) has received an average rating of “Hold” from the six analysts that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $18.00.
A number of analysts have weighed in on CRCM shares. ValuEngine downgraded shares of Care.com from a “buy” rating to a “hold” rating in a research report on Wednesday, March 28th. TheStreet raised shares of Care.com from a “c+” rating to a “b” rating in a research report on Friday, April 6th. Zacks Investment Research downgraded shares of Care.com from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Finally, Stifel Nicolaus reissued a “hold” rating and set a $18.00 target price (up previously from $16.00) on shares of Care.com in a research report on Wednesday, February 28th.
Shares of Care.com stock traded down $0.08 on Friday, hitting $16.24. The stock had a trading volume of 81,430 shares, compared to its average volume of 254,806. Care.com has a twelve month low of $11.59 and a twelve month high of $20.88. The company has a market capitalization of $495.03, a P/E ratio of 60.15, a P/E/G ratio of 3.05 and a beta of 1.03.
Care.com (NYSE:CRCM) last released its quarterly earnings data on Tuesday, February 27th. The information services provider reported $0.11 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.11. Care.com had a return on equity of 16.30% and a net margin of 6.13%. The company had revenue of $44.22 million during the quarter, compared to the consensus estimate of $44.02 million. During the same quarter in the prior year, the firm posted $0.20 earnings per share. The firm’s revenue was up 1.6% compared to the same quarter last year. equities research analysts predict that Care.com will post 0.36 EPS for the current fiscal year.
In other Care.com news, insider David Krupinski sold 10,000 shares of the stock in a transaction that occurred on Monday, April 2nd. The stock was sold at an average price of $16.12, for a total transaction of $161,200.00. Following the transaction, the insider now directly owns 193,194 shares in the company, valued at approximately $3,114,287.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Diane Musi sold 15,000 shares of the stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $18.01, for a total value of $270,150.00. Following the transaction, the general counsel now owns 48,388 shares in the company, valued at $871,467.88. The disclosure for this sale can be found here. Insiders have sold a total of 123,425 shares of company stock valued at $2,196,819 in the last three months. Insiders own 30.90% of the company’s stock.
Institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC boosted its holdings in shares of Care.com by 781.3% during the 4th quarter. Tower Research Capital LLC TRC now owns 6,425 shares of the information services provider’s stock worth $116,000 after buying an additional 5,696 shares in the last quarter. MetLife Investment Advisors LLC bought a new position in shares of Care.com during the 4th quarter worth approximately $126,000. The Manufacturers Life Insurance Company boosted its holdings in shares of Care.com by 47.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,801 shares of the information services provider’s stock worth $179,000 after buying an additional 3,805 shares in the last quarter. Boston Advisors LLC bought a new position in shares of Care.com during the 4th quarter worth approximately $190,000. Finally, Koch Industries Inc. bought a new position in shares of Care.com during the 4th quarter worth approximately $260,000. Hedge funds and other institutional investors own 72.48% 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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