Vocera Communications Inc (VCRA) Given Average Recommendation of “Buy” by Analysts
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.
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.
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.
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