Shares of Vocera Communications Inc (NYSE:VCRA) have been given a consensus recommendation of “Buy” by the eleven research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $33.14.

Several analysts have recently weighed in on VCRA shares. Oppenheimer lifted their target price on shares of Vocera Communications from $32.00 to $36.00 and gave the company an “outperform” rating in a report on Friday, October 27th. Zacks Investment Research downgraded shares of Vocera Communications from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $35.00 target price on shares of Vocera Communications in a report on Thursday, October 26th. BidaskClub downgraded shares of Vocera Communications from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Finally, Robert W. Baird started coverage on shares of Vocera Communications in a report on Wednesday, December 20th. They issued an “outperform” rating and a $35.00 target price on the stock.

In other news, General Counsel Douglas Alan Carlen sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $25.66, for a total value of $51,320.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Brent D. Lang sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $29.89, for a total transaction of $149,450.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 19,000 shares of company stock valued at $536,380. 6.30% of the stock is currently owned by company insiders.

A number of hedge funds have recently modified their holdings of VCRA. Legal & General Group Plc grew its position in Vocera Communications by 11.2% in the 2nd quarter. Legal & General Group Plc now owns 6,662 shares of the communications equipment provider’s stock valued at $177,000 after buying an additional 671 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Vocera Communications by 41.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 7,678 shares of the communications equipment provider’s stock valued at $241,000 after purchasing an additional 2,231 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of Vocera Communications during the 2nd quarter valued at about $215,000. Comerica Bank bought a new position in shares of Vocera Communications during the 3rd quarter valued at about $239,000. Finally, Wolverine Trading LLC boosted its position in shares of Vocera Communications by 151.9% during the 2nd quarter. Wolverine Trading LLC now owns 8,766 shares of the communications equipment provider’s stock valued at $233,000 after purchasing an additional 25,666 shares in the last quarter.

Vocera Communications (VCRA) traded down $0.84 during midday trading on Tuesday, reaching $28.50. 189,500 shares of the company’s stock were exchanged, compared to its average volume of 162,789. The firm has a market capitalization of $823.92, a price-to-earnings ratio of -30.00 and a beta of -0.42. Vocera Communications has a one year low of $19.02 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 analysts’ consensus estimates of $0.10 by $0.01. The company had revenue of $42.30 million for 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%. Vocera Communications’s quarterly revenue was up 25.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.08 earnings per share. analysts expect that Vocera Communications will post -0.43 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This report was originally reported by American Banking News and is the sole property of of American Banking News. If you are reading this report on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2018/01/16/vocera-communications-inc-vcra-given-average-recommendation-of-buy-by-analysts-3.html.

About Vocera Communications

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.

Analyst Recommendations for Vocera Communications (NYSE:VCRA)

Receive News & Ratings for Vocera Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vocera Communications and related companies with MarketBeat.com's FREE daily email newsletter.