Care.com, Inc. (CRCM) to Release Quarterly Earnings on Tuesday
Care.com, Inc. (NYSE:CRCM) is set to release its earnings data before the market opens on Tuesday, July 25th. Analysts expect Care.com to post 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 quarterly earnings data on Wednesday, May 3rd. The information services provider reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.05. The business had revenue of $43.37 million during the quarter, compared to the consensus estimate of $42.50 million. Care.com had a return on equity of 3.79% and a net margin of 0.67%. The firm’s revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $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.
Shares of 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 market cap is $445.18 million. The company has a 50-day moving average price of $15.25 and a 200-day moving average price of $11.60.
Several brokerages have commented on CRCM. Zacks Investment Research downgraded Care.com from a “buy” rating to a “hold” rating in a report on Thursday, July 13th. BidaskClub lowered Care.com from a “hold” rating to a “sell” rating in a research report on Thursday, July 6th. Finally, Roth Capital set a $14.00 price objective on Care.com and gave the stock a “hold” rating in a research report on Monday, June 12th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $13.38.
In other news, General Counsel Diane Musi sold 2,000 shares of Care.com stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of $14.70, for a total value of $29,400.00. Following the completion of the transaction, the general counsel now directly owns 32,593 shares of the company’s stock, valued at approximately $479,117.10. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider David Krupinski sold 3,439 shares of Care.com stock in a transaction dated Monday, June 12th. The stock was sold at an average price of $14.38, for a total value of $49,452.82. Following the completion of the transaction, the insider now directly owns 172,672 shares of the company’s stock, valued at $2,483,023.36. The disclosure for this sale can be found here. Over the last three months, insiders sold 56,270 shares of company stock valued at $795,709. Corporate 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. 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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