Vocera Communications Hits New 1-Year Low at $8.34 (VCRA)
Vocera Communications (NASDAQ:VCRA) reached a new 52-week low on Thursday , StockRatingsNetwork.com reports. The stock traded as low as $8.34 and last traded at $8.43, with a volume of 149,870 shares traded. The stock had previously closed at $8.49.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Vocera Communications from an “outperform” rating to a “neutral” rating in a research note on Monday, August 11th. They now have a $11.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Vocera Communications in a research note on Friday, August 1st. They now have a $13.00 price target on the stock, down previously from $17.00. Finally, analysts at Leerink Swann cut their price target on shares of Vocera Communications from $17.00 to $10.00 in a research note on Friday, August 1st. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $11.33.
The stock has a 50-day moving average of $11.33 and a 200-day moving average of $13.92. The company’s market cap is $215.7 million.
Vocera Communications (NASDAQ:VCRA) last issued its quarterly earnings data on Thursday, July 31st. The company reported ($0.16) earnings per share for the quarter, missing the Thomson Reuters consensus estimate of ($0.11) by $0.05. The company had revenue of $23.00 million for the quarter, compared to the consensus estimate of $24.93 million. During the same quarter in the prior year, the company posted $0.01 earnings per share. The company’s quarterly revenue was down 9.1% on a year-over-year basis. Analysts expect that Vocera Communications will post $-0.65 EPS for the current fiscal year.
Vocera Communications, Inc (NASDAQ:VCRA) is a provider of mobile communication solutions.
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