Care.com (NYSE:CRCM) issued its quarterly earnings data on Tuesday. The information services provider reported $0.11 EPS for the quarter, hitting analysts’ consensus estimates of $0.11, Morningstar.com reports. Care.com had a net margin of 4.46% and a return on equity of 17.27%. The business had revenue of $44.22 million for the quarter, compared to analyst estimates of $44.02 million. During the same period last year, the business posted $0.20 earnings per share. The firm’s quarterly revenue was up 1.6% on a year-over-year basis. Care.com updated its Q1 guidance to $0.13 EPS and its FY18 guidance to $0.63-0.65 EPS.
Care.com (NYSE:CRCM) opened at $17.40 on Wednesday. Care.com has a 12-month low of $9.42 and a 12-month high of $20.88. The company has a market cap of $564.67, a PE ratio of 116.01, a PEG ratio of 2.78 and a beta of 1.01.
In other news, CEO Sheila Lirio Marcelo sold 17,673 shares of Care.com stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $17.77, for a total value of $314,049.21. Following the completion of the transaction, the chief executive officer now owns 933,060 shares of the company’s stock, valued at approximately $16,580,476.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Michael Echenberg sold 1,500 shares of Care.com stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $17.01, for a total transaction of $25,515.00. Following the completion of the transaction, the chief financial officer now directly owns 15,883 shares of the company’s stock, valued at approximately $270,169.83. The disclosure for this sale can be found here. In the last three months, insiders sold 159,374 shares of company stock valued at $2,910,581. Insiders own 35.90% of the company’s stock.
Several equities research analysts have issued reports on the stock. TheStreet lowered shares of Care.com from a “b-” rating to a “c+” rating in a research note on Wednesday, February 7th. Zacks Investment Research lowered shares of Care.com from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Finally, Roth Capital upgraded shares of Care.com from a “neutral” rating to a “buy” rating and lifted their price target for the company from $14.00 to $18.00 in a research note on Thursday, November 2nd. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Care.com has an average rating of “Buy” and a consensus price target of $17.67.
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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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