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CRCM

Care.com

$23.40

0.57 (2.50%)

, GOOG

Alphabet

$1,143.14

-0.34 (-0.03%)

09:29
03/10/19
03/10
09:29
03/10/19
09:29

Care.com does not verify credentials of recommended caregivers, WSJ reports

Despite its pledge to "help families make informed hiring decisions" about caregivers, Care.com (CRCM) largely leaves it to families to figure out whether the caregivers it lists are trustworthy, Wall Street Journal reports. The company does what it calls "preliminary screening" of caregivers, which isn't a full background check, and doesn't verify credentials, the Journal points out. Further, it does no vetting of day-care centers listed on its site and suggests that customers purchase additional screening packages, which cost $59 to $300, the paper adds. In about nine instances over the past six years, caregivers in the U.S. who had police records were listed on Care.com and later were accused of committing crimes while caring for customers' children or elderly relatives, the Journal reports, citing its own investigation, which included the review of police records, court records and local media reports. Alleged crimes included theft, child abuse, sexual assault and murder. In addition, the Journal found hundreds of instances in which day-care centers listed on Care.com as state-licensed didn't appear to be. Shares of Care.com have quadrupled in three years and its largest stockholder is Capital G, a fund backed by Alphabet (GOOG, GOOGL), the paper notes. Shares of Care.com closed Friday up 61c to $23.41. Reference Link

CRCM

Care.com

$23.40

0.57 (2.50%)

GOOG

Alphabet

$1,143.14

-0.34 (-0.03%)

GOOGL

Alphabet Class A

$1,150.14

-1.37 (-0.12%)

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CRCM Care.com
$23.40

0.57 (2.50%)

07/31/18
CHLM
07/31/18
NO CHANGE
Target $24
CHLM
Buy
Care.com pullback creates buying opportunity, says Craig-Hallum
Craig-Hallum analyst Jason Kreyer says that after two straight years of scaling back direct marketing spend, Care.com is poised to reinvigorate customer acquisition which will drive revenue acceleration in Q4 and beyond. The analyst continues to believe a measured approach to growth investments will drive a healthy combination of EBITDA margin expansion with revenue growth moving into the 15% range over the next several quarters. Shares pulled back on the complications around EBITDA guidance and business metrics confusion, which he believes has created an attractive entry point ahead of consistent growth improvements. Kreyer reiterates a Buy rating and $24 price target on the stock.
11/13/18
BTIG
11/13/18
INITIATION
Target $23
BTIG
Buy
Care.com initiated with a Buy at BTIG
BTIG analyst Marvin Fong started Care.com with a Buy rating and $23 price target. The analyst sees the company benefiting from a "durable care supercycle," driven by the aging populace, more working parents, and shift in employer-provided family benefits. The analyst believes there is upside if Care.com can reactivate some of its millions of dormant users and views the current valuation as "undemanding."
01/18/19
BTIG
01/18/19
NO CHANGE
Target $26
BTIG
Buy
Care.com price target raised to $26 from $23 at BTIG
BTIG analyst Marvin Fong raised his price target on Care.com to $26 and kept his Buy rating, saying the fundamentals on the stock have never been better. The analyst cites labor market tightness and constructive regulatory environment, with New York and California leading over a dozen other states toward enacting more generous paid leave laws. Fong adds that the company's Q4 metrcis were "solid" with [email protected] showing strong momentum, along with the company's expected launch of Care.com Explore in the next 12 to 18 months.
02/14/19
ROTH
02/14/19
NO CHANGE
Target $30
ROTH
Buy
Care.com price target raised to $30 from $24 at Roth Capital
Roth Capital analyst Darren Aftahi raised his price target for Care.com to $30 from $24 as he looks for revenue to again accelerate on the margin, driven by [email protected] growth. His 2019 EBITDA remains 7%-plus above consensus with his view that marketing spend will not be as high as expected, but that topline growth will accelerate year over year. The analyst reiterates a Buy rating on the shares.
GOOG Alphabet
$1,143.14

-0.34 (-0.03%)

03/05/19
RSBL
03/05/19
NO CHANGE
Target $212
RSBL
Buy
Rosenblatt sees low odds Facebook would be forced to spin off Instagram
Though it is possible a new task force announced last week by the FTC may consider unwinding consummated M&A by internet companies, presumably including Facebook (FB) and Instagram, Rosenblatt analyst Mark Zgutowicz sees a low probability of such a forced spinoff for two primary reasons. First, spinning off Instagram would not necessarily make the social media market more competitive. Second, it may be hard to prove how such a theoretical breakup would better protect user privacy. In such a scenario, he sees potential for 13% downside to Facebook shares if the company were to be forced to spinout Instagram due to the added costs of running two separate companies. Zgutowicz said he remains an aggressive buyer of Facebook shares, despite the FTC task force that appears directed at mega cap tech companies including it, Google (GOOGL) and Amazon (AMZN), given the social media company's stable fundamentals and an accelerating earnings growth profile. Zgutowicz keeps a Buy rating and $212 price target on Facebook.
03/05/19
03/05/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Alphabet (GOOG, GOOGL) initiated with a Buy at Needham. 2. Lennox (LII) initiated with a Neutral at Goldman Sachs. 3. Aurora Cannabis (ACB) initiated with an Outperform at Cowen. 4. Floor & Decor (FND) initiated with an Outperform at Baird. 5. Gossamer Bio (GOSS) initiated with an Outperform at Evercore ISI and SVB Leerink, an Overweight at Barclays, and a Buy at BofA/Merrill. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
03/06/19
COWN
03/06/19
DOWNGRADE
Target $40
COWN
Underperform
TripAdvisor downgraded to Underperform on weak 2019 start at Cowen
As reported previously, Cowen analyst Kevin Kopelman downgraded TripAdvisor (TRIP) to Underperform from Market Perform. The analyst cited a weak start to 2019, expectations for weaker usage, and worries about younger age demos using Google (GOOG). He expects profit growth to slow to single digits by 2020 and thinks the stock's multiple should now be more in line with peers. Kopelman lowered his price target to $40 from $50 on TripAdvisor shares.
03/07/19
MSCO
03/07/19
NO CHANGE
Target $300
MSCO
Overweight
Arista Networks price target raised to $300 from $265 at Morgan Stanley
Morgan Stanley analyst James Faucette said he has increased confidence in Arista Networks' (ANET) ability to beat consensus estimates as he believes Arista is likely to benefit from hyperscale customers' growth. Faucette explains that he sees Arista sales as most closely tied to hyperscale service revenue and he believes better than expected revenue at Microsoft (MSFT), Google (GOOGL) and Facebook (FB) will lead to better than expected buying of Arista gear. Given that view and his confidence, Faucette raised his price target on Arista shares to $300 from $265 and keeps an Overweight rating on the stock.
GOOGL Alphabet Class A
$1,150.14

-1.37 (-0.12%)

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SWDBY

Swedbank

$0.00

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Downgrade
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FULC

Fulcrum Therapeutics

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NFLX

Netflix

$362.50

-3.22 (-0.88%)

20:50
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Recommendations
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PSMT

PriceSmart

$61.77

-0.43 (-0.69%)

20:43
07/17/19
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20:43
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PriceSmart rating change at Scotiabank »

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GMAB

Genmab

$0.00

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20:32
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Syndicate
Genmab 28.5M share IPO priced at $17.75 per ADS »

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POWI

Power Integrations

$79.67

-0.22 (-0.28%)

20:29
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Upgrade
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UNH

UnitedHealth

$266.71

2.11 (0.80%)

, HON

Honeywell

$168.81

-6 (-3.43%)

20:25
07/17/19
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20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

UNH

UnitedHealth

$266.71

2.11 (0.80%)

HON

Honeywell

$168.81

-6 (-3.43%)

PM

Philip Morris

$81.06

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UNP

Union Pacific

$164.05

-11.05 (-6.31%)

DHR

Danaher

$139.60

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$43.78

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BX

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$45.27

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BBT

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STI

SunTrust

$63.99

0.08 (0.13%)

NUE

Nucor

$54.71

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GPC

Genuine Parts

$102.27

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Ally Financial

$31.44

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ADTN

Adtran

$15.84

0.09 (0.57%)

20:07
07/17/19
07/17
20:07
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20:07
Earnings
Adtran reports Q2 adjusted EPS 14c, consensus 8c »

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  • 18

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BHC

Bausch Health

$22.91

-0.26 (-1.12%)

, PGNX

Progenics

$5.38

0.055 (1.03%)

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BHC

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$22.91

-0.26 (-1.12%)

PGNX

Progenics

$5.38

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TEVA

Teva

$8.11

-0.07 (-0.86%)

03/08/13
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EFC

Ellington Financial

$18.30

0.045 (0.25%)

19:31
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07/17
19:31
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19:31
Syndicate
Ellington Financial 3.5M share Spot Secondary priced at $17.66 »

Credit Suisse Securities…

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  • 18

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EPRT

Essential Properties Realty Trust

$19.83

-0.27 (-1.34%)

19:26
07/17/19
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Syndicate
Essential Properties Realty Trust 22.86M share Secondary priced at $19.75 »

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  • 18

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FTSV

Forty Seven

$8.77

-1.38 (-13.60%)

19:22
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Forty Seven 9.38M share Secondary priced at $8.00 »

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SNDE

Sundance Energy

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NYMT

New York Mortgage

$6.25

-0.01 (-0.16%)

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New York Mortgage 20M share Spot Secondary priced at $6.11 »

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IBKC

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$74.44

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IBKC

Iberiabank

$74.44

-0.7 (-0.93%)

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EBAY

eBay

$39.03

-0.87 (-2.18%)

, LLNW

Limelight Networks

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0.18 (6.95%)

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EBAY

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$39.03

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LLNW

Limelight Networks

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0.18 (6.95%)

NFLX

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$362.50

-3.22 (-0.88%)

URI

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-6.05 (-4.40%)

CCK

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$59.38

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KMI

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Texas Capital

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AMRN

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NYMT

New York Mortgage

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NFLX

Netflix

$362.50

-3.22 (-0.88%)

18:42
07/17/19
07/17
18:42
07/17/19
18:42
Hot Stocks
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MIRM

Mirum Pharmaceuticals

$0.00

(0.00%)

18:42
07/17/19
07/17
18:42
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18:42
Syndicate
Mirum Pharmaceuticals 5M share IPO priced at $15.00 »

The deal priced at the…

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  • 18

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GSBC

Great Southern Bancorp

$57.85

-0.78 (-1.33%)

18:31
07/17/19
07/17
18:31
07/17/19
18:31
Earnings
Great Southern Bancorp reports Q2 adjusted EPS $1.28, two estimates $1.15 »

Reports Q2 NII $44.9M,…

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  • 18

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NFLX

Netflix

$362.50

-3.22 (-0.88%)

18:28
07/17/19
07/17
18:28
07/17/19
18:28
Hot Stocks
Netflix makes 'large investment' in original animation »

Says "Stranger…

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  • 17

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NFLX

Netflix

$362.50

-3.22 (-0.88%)

18:17
07/17/19
07/17
18:17
07/17/19
18:17
Hot Stocks
Netflix says European shows reaching 12M-15M viewers »

Says European shows…

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  • 17

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NFLX

Netflix

$362.50

-3.22 (-0.88%)

18:13
07/17/19
07/17
18:13
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18:13
Hot Stocks
Netflix says rate of investment 'extremely high' »

Says has some discretion…

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  • 17

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NFLX

Netflix

$362.50

-3.22 (-0.88%)

18:08
07/17/19
07/17
18:08
07/17/19
18:08
Hot Stocks
Netflix says overall additions have returned to normal in Q3 »

Says it's easy to…

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  • 17

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IBM

IBM

$143.07

-0.47 (-0.33%)

17:53
07/17/19
07/17
17:53
07/17/19
17:53
Hot Stocks
Breaking Hot Stocks news story on IBM »

IBM pares initial…

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