Vocera Communications Upgraded to “Outperform” by Avondale Partners (VCRA)
Vocera Communications (NASDAQ:VCRA) was upgraded by Avondale Partners from a “market perform” rating to an “outperform” rating in a research note issued on Monday, TheFlyOnTheWall.com reports.
A number of other analysts have also recently weighed in on VCRA. Analysts at Zacks upgraded shares of Vocera Communications from a “neutral” rating to an “outperform” rating in a research note on Friday, July 11th. They now have a $14.20 price target on the stock. Separately, analysts at Topeka Capital Markets initiated coverage on shares of Vocera Communications in a research note on Thursday, June 12th. They set a “buy” rating and a $20.00 price target on the stock. Finally, analysts at Robert W. Baird cut their price target on shares of Vocera Communications from $17.00 to $16.00 in a research note on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $17.38.
Shares of Vocera Communications (NASDAQ:VCRA) traded up 0.41% on Monday, hitting $12.29. The stock had a trading volume of 44,637 shares. Vocera Communications has a one year low of $11.73 and a one year high of $19.71. The stock has a 50-day moving average of $13.13 and a 200-day moving average of $14.96. The company’s market cap is $309.3 million.
Vocera Communications (NASDAQ:VCRA) last released its earnings data on Thursday, May 1st. The company reported ($0.14) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.15) by $0.01. The company had revenue of $24.67 million for the quarter, compared to the consensus estimate of $24.19 million. During the same quarter in the prior year, the company posted ($0.07) earnings per share. The company’s quarterly revenue was up 10.1% on a year-over-year basis. On average, analysts predict that Vocera Communications will post $-0.22 earnings per share for the current fiscal year.
Vocera Communications, Inc (NASDAQ:VCRA) is a provider of mobile communication solutions.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.