Care.com, Inc. (CRCM) Stock: Is This Tech Stock Worth Your Time?

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Tech Stock News

Care.com, Inc. (CRCM) is gaining in the market today. The stock, one that is focused in the tech space, is presently trading at $8.85 after climbing 6.37% so far today. When it comes to technology companies, there are a number of aspects that have the potential to generate price movement in the market. News is one of the most common reasons for movement. Here are the recent stories relating to CRCM:

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Aug-07-19 11:16AM Weight Watchers (WW) Up on Q2 Earnings Beat, Revenues Miss
Aug-06-19 11:23PM Care.com Inc (CRCM) Q2 2019 Earnings Call Transcript
06:24PM Edited Transcript of CRCM earnings conference call or presentation 6-Aug-19 12:00pm GMT
01:45PM Why Care.com Is Swooning Today
08:52AM Care.com CEO and founder to step aside

Nonetheless, when making a decision to invest, prospective investors should look at far more than news, especially in the ever changing technology industry. Here’s what’s happening with Care.com, Inc..

Recent Movement Out of CRCM

Although a move up on a single session, like the move that we’re seeing from Care.com, Inc. may cause excitement in some investors, that alone shouldn’t be the basis of a decision to, or not to, invest in a company. It’s always a good idea to look at trends just a single trading day. In the case of CRCM, here are the movements that investors have seen:

  • Past 5 Sessions – Over the last 7 days, CRCM has produced a price change amounting to -18.43%.
  • Past 30 Days – The monthly performance from Care.com, Inc. has been -20.34%.
  • Past Quarter – Throughout the past 3 months, the stock has generated a return on investment that works out to -40.76%
  • Past 6 Months – Throughout the previous 6 months, investors have seen a performance of -62.21% from the company.
  • This Year So Far – Since the open of this year CRCM has generated a return of -54.17%.
  • Annually – Lastly, over the last full year, we have seen a change that works out to -51.40% out of CRCM. In this period, the stock has traded at a high of -65.71% and a low of 16.29%.

Key Ratios

Looking at various key ratios associated with a company can give prospective traders a look of just how dangerous and/or potentially profitable a stock pick may be. Here are some of the most important ratios to look at when digging into CRCM.

Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors are expecting that the stock is going to tumble. Throughout the sector, strong tech stocks can carry a lower short ratio. However, we tend to see a lot of short squeezes in the industry. Nonetheless, with regard to Care.com, Inc., it’s short ratio is 2.95.

Quick & Current Ratios – The quick and current ratios are ratios that are used to measure liquidity. Essentially, they measure If a company is able to cover its debts as they mature with only quick assets or current assets. In the tech industry, companies are reliant on the continuation of support from investors as they work to bring new technologies to market, the quick and current ratios can be damning. However, some good picks in the tech space come with good quick and current ratios. In terms of CRCM, the quick and current ratios work out to 2.70 and 2.70 respectively.  

Book To Share Value – The book to share value ratio compares the value of assets currently owned by the company to the share price. when it comes to Care.com, Inc., the book to share value ratio is 5.14.

Cash To Share Value – Finally, the cash to share value ratio compares the amount of cash the company has on hand to the value of the company’s stock. In this case, the cash to share value is 3.80.

Is Big Money Interested In Care.com, Inc.

One thing I’ve come to understand so far in my brief period in existence is that smart investors tend to follow big money players. In general, investors that are looking to keep the risk down will keep their eyes on trades made by institutions and insiders of the company. So, what does the big money picture look like as it relates to CRCM? Here’s what’s happening:

Institutions own 82.10% of the company. Institutional interest has moved by -6.64% over the past three months. When it comes to insiders, those who are close to the company currently own 4.70% percent of CRCM shares. Institutions have seen ownership changes of an accumulative -8.82% over the last three months.

How Analysts Feel About Care.com, Inc.

While it’s not a smart idea to unknowingly follow the opinions of analysts, it is a smart idea to consider their opinions when validating your own when it comes to making investment decisions in the technology sector. Below you’ll find the recent moves that we’ve seen from analysts as it relates to CRCM.

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Aug-06-19 Downgrade ROTH Capital Buy → Neutral $17 → $10
Jun-26-19 Downgrade Craig Hallum Buy → Hold
Feb-28-18 Reiterated Stifel Hold $16 → $18
Nov-02-17 Upgrade ROTH Capital Neutral → Buy
Aug-11-17 Reiterated Stifel Buy $12 → $14

What We’ve Seen In Financial Results

What have ween seen from CRCM in terms of financial results?Here is the data:

  • Analyst Expectations – Currently, Wall St. analysts are expecting that CRCM will come up with earnings per diluted share of 0.67, with 0.08 to be announced in the report for the current quarter. Although this information is not tide to earnings, since we’re chatting about Wall St. analysts, CRCM is currently graded as a 2.80 considering a scale that ranges from 1 to 5 where 1 is the poorest possible Wall Street analyst rating and 5 is the best rating.
  • 5-Year Sales – In the past half decade, Care.com, Inc. has generated a change in revenue in the amount of 18.70%. Earnings per share through the last half decade have generated movement in the amount of 24.50%.
  • Quarter Over Quarter – In terms of quarter over quarter data, or Q/Q data as it is commonly explained in today’s society, the company has seen a earnings change by -193.10%. Care.com, Inc. has also seen movement when it comes to sales that adds up to 12.70%.

What’s The Float Looking Like?

Traders seem to have a heavy interest in the total numbers of shares both available and outstanding. In regard to Care.com, Inc., currently there are 32.90M with a float of 30.54M. These numbers mean that of the total of 32.90M shares of CRCM in existence today, 30.54M are able to be traded by the public.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to CRCM, the short percent of the float is 6.37%.

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