Several analysts have recently updated their ratings and price targets for Care.com (NYSE: CRCM):

  • 7/13/2017 – Care.com was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Care.com, Inc. provides online marketplace for finding and managing family care primarily in the United States and internationally. Its platform provides care needs which consists of child care, senior care and special needs care as well as other non-medical family care needs such as pet care, tutoring and housekeeping and helps caregivers find employment opportunities. Care.com, Inc. is based in Waltham, Massachusetts. “
  • 7/12/2017 – Care.com was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $17.00 price target on the stock. According to Zacks, “Care.com, Inc. provides online marketplace for finding and managing family care primarily in the United States and internationally. Its platform provides care needs which consists of child care, senior care and special needs care as well as other non-medical family care needs such as pet care, tutoring and housekeeping and helps caregivers find employment opportunities. Care.com, Inc. is based in Waltham, Massachusetts. “
  • 7/6/2017 – Care.com was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/4/2017 – Care.com was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Care.com, Inc. provides online marketplace for finding and managing family care primarily in the United States and internationally. Its platform provides care needs which consists of child care, senior care and special needs care as well as other non-medical family care needs such as pet care, tutoring and housekeeping and helps caregivers find employment opportunities. Care.com, Inc. is based in Waltham, Massachusetts. “
  • 6/12/2017 – Care.com was given a new $14.00 price target on by analysts at Roth Capital. They now have a “hold” rating on the stock.

Shares of Care.com, Inc. (NYSE CRCM) opened at 15.09 on Monday. The firm’s market capitalization is $443.71 million. Care.com, Inc. has a 52-week low of $7.51 and a 52-week 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.

Care.com (NYSE:CRCM) last announced its earnings results on Wednesday, May 3rd. The information services provider reported $0.02 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.03) by $0.05. Care.com had a net margin of 0.67% and a return on equity of 3.79%. The company had revenue of $43.37 million for the quarter, compared to analysts’ expectations of $42.50 million. During the same period last year, the firm earned $0.01 earnings per share. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. On average, equities research analysts expect that Care.com, Inc. will post $0.37 EPS for the current fiscal year.

In other news, CTO David Krupinski sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, May 1st. The shares were sold at an average price of $11.74, for a total transaction of $46,960.00. Following the transaction, the chief technology officer now directly owns 186,654 shares of the company’s stock, valued at $2,191,317.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Diane Musi sold 12,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 3rd. The stock was sold at an average price of $13.27, for a total transaction of $159,240.00. Following the transaction, the general counsel now directly owns 51,450 shares in the company, valued at $682,741.50. The disclosure for this sale can be found here. Insiders have sold 56,270 shares of company stock worth $795,709 over the last ninety days. Insiders own 24.70% of the company’s stock.

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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