Care.com Inc. (NYSE:CRCM) has been assigned a consensus rating of “Buy” from the eight ratings firms that are covering the company. Five equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $8.07.

Separately, Roth Capital assumed coverage on shares of Care.com in a research note on Friday, September 9th. They set a “neutral” rating and a $10.50 price objective for the company.

Shares of Care.com (NYSE:CRCM) opened at 8.83 on Tuesday. The company has a market capitalization of $254.47 million, a P/E ratio of 91.03 and a beta of 0.83. The stock’s 50 day moving average is $9.20 and its 200 day moving average is $9.54. Care.com has a 12 month low of $4.90 and a 12 month high of $12.00.

An institutional investor recently raised its position in Care.com stock. Lafitte Capital Management LP raised its stake in shares of Care.com Inc. (NYSE:CRCM) by 5.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 485,841 shares of the company’s stock after buying an additional 26,900 shares during the period. Care.com makes up 2.4% of Lafitte Capital Management LP’s portfolio, making the stock its 11th largest position. Lafitte Capital Management LP owned about 1.54% of Care.com worth $2,988,000 as of its most recent SEC filing. Institutional investors and hedge funds own 63.95% of the company’s stock.

Care.com Company Profile

Care.com, Inc is an online marketplace for finding and managing family care. The Company has approximately 18.4 million members, including over 10.3 million families and approximately 8.1 million caregivers, spanning over 20 countries. Its consumer matching solutions allow families to search for, qualify, vet, connect with and select caregivers.

5 Day Chart for NYSE:CRCM

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