News coverage about Care.com (NYSE:CRCM) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Care.com earned a news impact score of 0.08 on Accern’s scale. Accern also assigned media coverage about the information services provider an impact score of 45.4691584445517 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of analysts have commented on CRCM shares. TheStreet upgraded shares of Care.com from a “c” rating to a “b-” rating in a research note on Friday, November 17th. Stifel Nicolaus reiterated a “hold” rating and issued a $18.00 price target (up previously from $16.00) on shares of Care.com in a research note on Wednesday, February 28th. Finally, Zacks Investment Research cut shares of Care.com from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. Care.com presently has a consensus rating of “Hold” and an average target price of $19.00.
Care.com (NYSE CRCM) traded down $0.17 during midday trading on Tuesday, hitting $18.54. 48,216 shares of the stock were exchanged, compared to its average volume of 248,569. The firm has a market cap of $578.23, a PE ratio of 83.78, a PEG ratio of 3.56 and a beta of 0.98. Care.com has a one year low of $10.56 and a one year high of $20.88.
In other news, CEO Sheila Lirio Marcelo sold 15,439 shares of the firm’s stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $17.64, for a total transaction of $272,343.96. Following the completion of the sale, the chief executive officer now owns 946,913 shares in the company, valued at approximately $16,703,545.32. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Michael Echenberg sold 1,500 shares of Care.com stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $19.12, for a total transaction of $28,680.00. Following the completion of the sale, the chief financial officer now owns 16,383 shares of the company’s stock, valued at approximately $313,242.96. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 155,460 shares of company stock valued at $2,815,994. 35.90% of the stock is currently owned by corporate insiders.
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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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