Carecom (CRCM) Gets a Hold Rating from Roth Capital

In a report released today, Darren Aftahi from Roth Capital maintained a Hold rating on Carecom (CRCMResearch Report), with a price target of $10. The company’s shares closed last Monday at $10.02, close to its 52-week low of $7.61.

According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 13.6% and a 46.3% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine Inc, The Meet Group Inc, and Mitek Systems Inc.

Currently, the analyst consensus on Carecom is a Moderate Buy with an average price target of $10.50, which is a 10.5% upside from current levels. In a report issued on August 6, Stifel Nicolaus also maintained a Hold rating on the stock with a $10 price target.

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Based on Carecom’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $64.81 million. In comparison, last year the company had a GAAP net loss of $169K.

Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is neutral on the stock.

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Care.com, Inc. engages in the provision of an online marketplace, which enables customers to find and manage family care through connecting families to caregivers and care giving services. It offers child care, adult and senior care, pet care, and home care.