Care.com, Inc. (CRCM) - NYSE
  • Thu, Jun. 30, 3:00 PM
    | Thu, Jun. 30, 3:00 PM | 9 Comments
  • Thu, Jun. 30, 12:46 PM
    | Thu, Jun. 30, 12:46 PM | 8 Comments
  • Thu, Jun. 30, 9:16 AM
    | Thu, Jun. 30, 9:16 AM
  • Wed, Jun. 29, 4:28 PM
    • Google Capital has made a $46.35M investment in Care.com (NYSE:CRCM), making it the largest shareholder in the company. Google Capital partner Laela Sturdy will join the Care.com board.
    • Alongside this, Care.com bought back 3.7M shares of common stock from Matrix Partners for $8.25 each. This $30.5M purchase was funded by the Google investment.
    • Shares +12.75% in thin after hours trading.
    | Wed, Jun. 29, 4:28 PM | 1 Comment
  • Thu, May 26, 5:39 PM
    | Thu, May 26, 5:39 PM
  • Thu, May 26, 3:00 PM
    | Thu, May 26, 3:00 PM | 2 Comments
  • Wed, Mar. 2, 11:24 AM
    • Care.com (CRCM +2%) is winding down its Citrus Lane platform, which sells products meant for families with kids on a subscription basis. The company expects $2.3M in disposal costs (mostly inventory write-offs), and $0.3M in employee retention and severance costs. (8-K filing)
    • Citrus Lane was acquired in 2014 for $22.9M in cash, $8.1M in stock, and up to $17.6M earn-out payments based on "Citrus Lane's achievement of certain milestones in 2015 and 2016." It's safe to assume some of the milestones weren't hit.
    • Last week: Care.com higher after EPS beat, mixed guidance
    | Wed, Mar. 2, 11:24 AM
  • Wed, Feb. 24, 3:57 PM
    • Having gone into earnings just $0.54 above a post-IPO low of $4.89, Care.com (CRCM +3.2%) is up after posting Q4 results and issuing Q1/2016 guidance that disappointed on sales and were better-than-expected with regards to EPS.
    • The online family care marketplace expects Q1 revenue of $37.5M-$38.5M and EPS of -$0.07 to -$0.04 vs. a consensus of $39.6M and -$0.14. Full-year guidance is for revenue of $155M-$161M and EPS of $0.05-$0.15 vs. a consensus of $162.8M and -$0.09. The full-year sales outlook implies 14% Y/Y growth at the midpoint.
    • Metrics: Total members rose 33% Y/Y in 2015 to 18.4M, with total families up 35% to 10.3M, and total caregivers up 31% to 8.1M. U.S. Consumer Business paying members rose 21% to over 266K.
    • Financials: Cost controls are boosting EPS: GAAP operating expenses rose only 7% Y/Y in Q4 to $27.2M. Care.com ended 2015 with $61.2M in cash (compares with a $177M current market cap) and no debt.
    • Care.com's Q4 results, earnings results
    | Wed, Feb. 24, 3:57 PM
  • Apr. 6, 2015, 3:15 PM
    • Today's notable tech gainers include German 3D printer maker Voxeljet (VJET +5.6%), Chinese online real estate firm SouFun (SFUN +5.3%), software outsourcing firm EPAM Systems (EPAM +8.4%), voice processor developer Audience (ADNC +6.3%), smart TV/home automation chipmaker Sigma Designs (SIGM +4.9%), #2 Chinese online travel firm Qunar (QUNR +6.7%), and international e-commerce services firm Borderfree (BRDR +7.2%). The Nasdaq is up 0.7%.
    • Notable decliners include FPGA maker Altera (ALTR -4.5%), optical component vendor NeoPhotonics (NPTN -11%), big data/analytics software provider Hortonworks (HDP -4%), and online family care marketplace Care.com (CRCM -4.4%).
    • EPAM has joined other Russia-exposed names in rallying, as oil prices and the ruble both move higher. Sigma is reversing Thursday's post-earnings losses. Qunar has surged to new highs yet again, and is now up 58% since its March 16 Q4 report.
    • Altera is returning some of the huge March 27 gains it saw on reports of Intel buyout talks. NeoPhotonics, a recent high-flyer, is down 15% over the last 2 trading days; on Friday, the company filed an 8-K making customary exec. compensation disclosures.
    • Previously covered: GoPro, Sony, Geospace, SanDisk, Voltari, VMware, Resonant, 500.com
    | Apr. 6, 2015, 3:15 PM | 1 Comment
  • Apr. 1, 2015, 3:14 PM
    • With the Nasdaq down 0.8%, only a handful of tech companies are posting big gains. Notable gainers include search toolbar/mobile ad provider Perion (PERI +4.2%) , low-end Android OEM InfoSonics (IFON +7.1%), and Chinese mobile app developer Sungy Mobile (GOMO +8.2%).
    • Notable decliners include local reviews leader Yelp (YELP -4.6%), cloud IT service management software vendor ServiceNow (NOW -4.5%), cloud talent management software vendor Cornerstone OnDemand (CSOD -4%), enterprise cloud storage/file-sharing platform Box (BOX -5.5%), software analytics tool provider New Relic (NEWR -5.9%), online family care marketplace marketplace Care.com (CRCM -5%), and e-commerce software provider Demandware (DWRE -4.9%).
    • Perion announced this morning it has added Mike Vorhaus, president of consulting firm Magid Advisors, to its board. ServiceNow has announced its Q1 report will arrive on April 16. Yelp, which has been volatile in recent weeks, is now just slightly over $3 above a 52-week low of $42.10. Care.com is less than $1 away from a post-IPO low of $6.50.
    • Previously covered: Solar stocks, cybersecurity stocks, Axcelis, GoDaddy, ON Semi, Voltari
    | Apr. 1, 2015, 3:14 PM
  • Mar. 20, 2015, 12:29 PM
    • JPMorgan has downgraded Care.com (NYSE:CRCM) to Neutral a day after the company posted mixed Q4 results and reported a 45% Y/Y increase in members (boosted slightly by M&A) to 14.1M. The firm's target has been cut by $4 to $8.
    • JPM upgraded the child/family care marketplace to Overweight back in Feb. 2014, when shares were at $18.94. They're currently less than $1 above a post-IPO low of $6.50.
    | Mar. 20, 2015, 12:29 PM
  • Oct. 31, 2014, 1:07 PM
    • BofA/Merrill has downgraded Care.com (CRCM -5.2%) to Underperform, and cut its target by $4 to $9.
    • Shares of the child/family care service marketplace are near their post-IPO low of $7.87.
    | Oct. 31, 2014, 1:07 PM | 9 Comments
  • Feb. 27, 2014, 9:42 AM
    • First Solar (FSLR +5.8%) has been upgraded to Outperform by Baird a day after diving due to a Q4 miss and soft Q1 guidance.
    • Cypress Semi (CY -5.3%) has been cut to Sector Perform by Pac Crest.
    • Tibco (TIBX +2.2%) and Manhattan Associates (MANH +1.1%) have been started at Buy by B. Riley as part of a broader enterprise software coverage launch.
    • Care.com (CRCM +5.8%) has been upgraded to Overweight by JPMorgan after selling off yesterday in response to its Q4 results.
    • ChannelAdvisor (ECOM +2.9%) has been started at Outperform by William Blair.
    • Radware (RDWR +2.3%) has been started at Outperform by Wedbush.
    | Feb. 27, 2014, 9:42 AM | 13 Comments
  • Feb. 26, 2014, 12:46 PM
    | Feb. 26, 2014, 12:46 PM | 1 Comment
  • Feb. 18, 2014, 9:43 AM
    • BlackBerry (BBRY +3.9%) has been upgraded to Market Perform by FBR. Dan Loeb's Third Point LLC disclosed a 10M-share stake in the company after the close on Friday.
    • Veeco (VECO +1.8%) has been upgraded to Hold by Canaccord ahead of tomorrow's Q4 report. Credit Suisse and JPMorgan have already upgraded shares this month.
    • Universal Display (OLED +3.9%) has also been upgraded to Hold by Canaccord.
    • Cerner (CERN +1.7%), Allscripts (MDRX +1.1%), and Medidata (MDSO +2.2%) have been started at Buy by Citi as part of a healthcare IT coverage launch.
    • Care.com (CRCM -2.1%) has been assigned neutral ratings by JPMorgan, Morgan Stanley, and Stifel on underwriter coverage day.
    | Feb. 18, 2014, 9:43 AM | 6 Comments
  • Jan. 24, 2014, 10:01 AM
    • After pricing its 5.35M-share IPO at $17 (above an initial range of $14-$16), Care.com (CRCM) opened at $21.21 and is currently at $22.20, up 30.6%.
    • The online home caregiver marketplace sports a market cap of $660M, or perhaps ~7x 2013 sales (given the way sales have been trending in recent quarters).
    • Prospectus, IPO preview, recent performance/business details
    | Jan. 24, 2014, 10:01 AM | 2 Comments
Company Description
Care.com, Inc. operates as an online care destination, which enables people to connect to family care services. It help families address their particular lifecycle of care needs, which includes child care, senior care, special needs care and other non-medical family care needs such as pet care,... More
Sector: Technology
Industry: Internet Information Providers
Country: United States