Equities research analysts expect Vocera Communications, Inc. (NYSE:VCRA) to post $41.39 million in sales for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for Vocera Communications’ earnings, with the highest sales estimate coming in at $42.00 million and the lowest estimate coming in at $40.82 million. Vocera Communications reported sales of $33.76 million during the same quarter last year, which indicates a positive year over year growth rate of 22.6%. The company is scheduled to report its next earnings results after the market closes on Thursday, October 26th.

On average, analysts expect that Vocera Communications will report full-year sales of $41.39 million for the current year, with estimates ranging from $159.03 million to $161.60 million. For the next financial year, analysts forecast that the business will report sales of $186.59 million per share, with estimates ranging from $177.00 million to $192.00 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that follow Vocera Communications.

Vocera Communications (NYSE:VCRA) last issued its quarterly earnings results on Thursday, July 27th. The communications equipment provider reported ($0.21) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.19) by ($0.02). The firm had revenue of $38.45 million during the quarter, compared to analysts’ expectations of $37.53 million. Vocera Communications had a negative net margin of 17.28% and a negative return on equity of 14.71%. The firm’s revenue was up 23.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.02 EPS.

VCRA has been the topic of several recent analyst reports. Oppenheimer Holdings, Inc. reissued a “buy” rating and set a $32.00 price objective on shares of Vocera Communications in a research note on Friday, September 22nd. Zacks Investment Research raised shares of Vocera Communications from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. Leerink Swann lifted their price objective on shares of Vocera Communications from $24.00 to $31.00 and gave the stock an “outperform” rating in a research note on Friday, July 28th. BidaskClub lowered shares of Vocera Communications from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, September 20th. Finally, Cantor Fitzgerald reissued a “buy” rating and set a $30.00 price objective on shares of Vocera Communications in a research note on Thursday, July 27th. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. Vocera Communications presently has an average rating of “Buy” and an average price target of $31.17.

In other Vocera Communications news, CEO Brent D. Lang sold 5,000 shares of Vocera Communications stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $27.86, for a total value of $139,300.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, General Counsel Douglas Alan Carlen sold 6,000 shares of Vocera Communications stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $29.78, for a total transaction of $178,680.00. Following the completion of the transaction, the general counsel now directly owns 66,542 shares in the company, valued at approximately $1,981,620.76. The disclosure for this sale can be found here. Insiders have sold a total of 27,000 shares of company stock worth $789,260 in the last three months. 6.30% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in VCRA. UBS Asset Management Americas Inc. lifted its stake in Vocera Communications by 2,931.3% in the first quarter. UBS Asset Management Americas Inc. now owns 387,066 shares of the communications equipment provider’s stock valued at $9,611,000 after buying an additional 374,297 shares in the last quarter. Karp Capital Management Corp bought a new position in Vocera Communications in the first quarter valued at approximately $216,000. Sei Investments Co. lifted its stake in Vocera Communications by 12.9% in the first quarter. Sei Investments Co. now owns 5,771 shares of the communications equipment provider’s stock valued at $143,000 after buying an additional 658 shares in the last quarter. American International Group Inc. lifted its stake in Vocera Communications by 7.1% in the first quarter. American International Group Inc. now owns 15,235 shares of the communications equipment provider’s stock valued at $378,000 after buying an additional 1,006 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in Vocera Communications by 35.6% in the first quarter. PNC Financial Services Group Inc. now owns 21,405 shares of the communications equipment provider’s stock valued at $533,000 after buying an additional 5,621 shares in the last quarter.

Shares of Vocera Communications (VCRA) opened at 30.26 on Friday. Vocera Communications has a 12 month low of $16.10 and a 12 month high of $32.05. The company has a 50 day moving average of $29.72 and a 200 day moving average of $26.99. The stock’s market cap is $880.69 million.

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Vocera Communications Company Profile

Vocera Communications, Inc is a provider of communication solutions for mobile workers in healthcare, hospitality, energy, education and other industries. The Company’s segments include Product and Service. The Company’s solutions include the Vocera Communication System, Vocera Care Experience, Vocera Engage integration platform, smartphone applications and its Experience Innovation Network.

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