Care.com (CRCM) Set to Announce Quarterly Earnings on Tuesday

Care.com (NYSE:CRCM) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, August 6th. Analysts expect the company to announce earnings of ($0.06) per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Care.com (NYSE:CRCM) last issued its quarterly earnings data on Thursday, May 9th. The information services provider reported $0.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.05) by $0.17. Care.com had a return on equity of 7.81% and a net margin of 24.80%. The firm had revenue of $53.30 million during the quarter, compared to the consensus estimate of $52.75 million. During the same period in the previous year, the firm posted $0.19 EPS. The company’s quarterly revenue was up 12.7% compared to the same quarter last year.

Shares of Care.com stock opened at $10.71 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.75 and a quick ratio of 2.75. Care.com has a 1 year low of $10.50 and a 1 year high of $25.81. The firm has a market cap of $352.37 million, a P/E ratio of 29.75 and a beta of 0.92. The stock’s 50 day moving average is $11.82.

Several research analysts recently issued reports on the company. Roth Capital cut their price objective on Care.com from $21.00 to $17.00 in a research report on Wednesday, July 24th. Stifel Nicolaus restated a “hold” rating and set a $17.00 price objective on shares of Care.com in a research report on Thursday, May 9th. BTIG Research restated a “hold” rating on shares of Care.com in a research report on Wednesday, June 26th. Zacks Investment Research upgraded Care.com from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a research report on Tuesday, July 9th. Finally, Craig Hallum downgraded Care.com from a “buy” rating to a “hold” rating in a research report on Wednesday, June 26th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Care.com presently has an average rating of “Hold” and an average price target of $16.37.

In other Care.com news, CEO Sheila Lirio Marcelo sold 9,805 shares of Care.com stock in a transaction that occurred on Tuesday, June 11th. The shares were sold at an average price of $14.37, for a total value of $140,897.85. Following the completion of the sale, the chief executive officer now directly owns 1,221,974 shares of the company’s stock, valued at approximately $17,559,766.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Michael Echenberg sold 7,621 shares of Care.com stock in a transaction that occurred on Tuesday, June 11th. The stock was sold at an average price of $14.37, for a total transaction of $109,513.77. Following the completion of the sale, the chief financial officer now directly owns 49,869 shares of the company’s stock, valued at $716,617.53. The disclosure for this sale can be found here. Insiders sold a total of 21,273 shares of company stock valued at $305,693 over the last ninety days. 28.10% of the stock is owned by corporate insiders.

About Care.com

Care.com, Inc operates an online marketplace for finding and managing family care in the United States and internationally. The company helps families to address their lifecycle of care needs, including 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 enables caregivers to find full-time and part-time employment opportunities.

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Earnings History for Care.com (NYSE:CRCM)

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