Vocera Communications, Inc. (NYSE:VCRA) – Leerink Swann lifted their FY2018 earnings per share estimates for shares of Vocera Communications in a research report issued to clients and investors on Thursday. Leerink Swann analyst D. Larsen now forecasts that the communications equipment provider will post earnings of $0.12 per share for the year, up from their prior estimate of $0.11. Leerink Swann currently has a “Outperform” rating and a $34.00 target price on the stock. Leerink Swann also issued estimates for Vocera Communications’ FY2019 earnings at $0.23 EPS.

Other equities research analysts have also issued research reports about the stock. Craig Hallum restated a “buy” rating and set a $36.00 price target on shares of Vocera Communications in a research note on Monday, November 27th. Oppenheimer restated a “buy” rating and set a $32.00 price target on shares of Vocera Communications in a research note on Friday, September 22nd. BidaskClub lowered shares of Vocera Communications from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, September 20th. Cantor Fitzgerald restated a “buy” rating and set a $35.00 price target on shares of Vocera Communications in a research note on Thursday, October 26th. Finally, Zacks Investment Research upgraded shares of Vocera Communications from a “hold” rating to a “buy” rating and set a $35.00 price target for the company in a research note on Friday, September 29th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the stock. Vocera Communications presently has a consensus rating of “Buy” and an average price target of $33.14.

Shares of Vocera Communications (NYSE VCRA) opened at $28.12 on Monday. Vocera Communications has a one year low of $17.31 and a one year high of $32.23.

Vocera Communications (NYSE:VCRA) last posted its quarterly earnings data on Thursday, October 26th. The communications equipment provider reported $0.11 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.01. The firm had revenue of $42.30 million during the quarter, compared to analyst estimates of $41.44 million. Vocera Communications had a negative net margin of 17.42% and a negative return on equity of 15.55%. The company’s revenue for the quarter was up 25.3% on a year-over-year basis. During the same quarter last year, the business posted $0.08 EPS.

A number of large investors have recently made changes to their positions in the business. Alliancebernstein L.P. boosted its holdings in Vocera Communications by 20.0% in the 2nd quarter. Alliancebernstein L.P. now owns 1,424,419 shares of the communications equipment provider’s stock valued at $37,633,000 after purchasing an additional 236,941 shares during the period. Renaissance Technologies LLC boosted its holdings in Vocera Communications by 11.3% in the 2nd quarter. Renaissance Technologies LLC now owns 1,364,000 shares of the communications equipment provider’s stock valued at $36,037,000 after purchasing an additional 138,100 shares during the period. Vanguard Group Inc. boosted its holdings in Vocera Communications by 3.7% in the 2nd quarter. Vanguard Group Inc. now owns 1,111,324 shares of the communications equipment provider’s stock valued at $29,361,000 after purchasing an additional 39,267 shares during the period. Conestoga Capital Advisors LLC boosted its holdings in Vocera Communications by 61.1% in the 3rd quarter. Conestoga Capital Advisors LLC now owns 908,795 shares of the communications equipment provider’s stock valued at $28,509,000 after purchasing an additional 344,545 shares during the period. Finally, New York State Common Retirement Fund boosted its holdings in Vocera Communications by 1.3% in the 2nd quarter. New York State Common Retirement Fund now owns 810,808 shares of the communications equipment provider’s stock valued at $21,422,000 after purchasing an additional 10,392 shares during the period.

In related news, CEO Brent D. Lang sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $26.78, for a total value of $133,900.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Douglas Alan Carlen sold 6,000 shares of the firm’s stock in a transaction that occurred on Friday, September 15th. The stock was 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 of the company’s stock, valued at $1,981,620.76. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 24,000 shares of company stock valued at $696,730. 6.30% of the stock is owned by insiders.

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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.

Earnings History and Estimates for Vocera Communications (NYSE:VCRA)

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