Vocera Communications Inc to Post Q1 2018 Earnings of ($0.20) Per Share, Dougherty & Co Forecasts (VCRA)

Vocera Communications Inc (NYSE:VCRA) – Investment analysts at Dougherty & Co issued their Q1 2018 earnings per share estimates for Vocera Communications in a report released on Monday. Dougherty & Co analyst G. Mannheimer expects that the communications equipment provider will earn ($0.20) per share for the quarter.

A number of other equities analysts have also recently issued reports on VCRA. BidaskClub cut Vocera Communications from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. Cantor Fitzgerald restated a “buy” rating and set a $35.00 target price on shares of Vocera Communications in a report on Thursday, October 26th. Oppenheimer raised their target price on Vocera Communications from $32.00 to $36.00 and gave the stock an “outperform” rating in a report on Friday, October 27th. Zacks Investment Research cut Vocera Communications from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Finally, Craig Hallum restated a “buy” rating and set a $36.00 target price on shares of Vocera Communications in a report on Monday, November 27th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $33.00.

Vocera Communications (NYSE:VCRA) opened at $26.11 on Tuesday. Vocera Communications has a 1-year low of $19.48 and a 1-year high of $32.23. The stock has a market capitalization of $753.80, a PE ratio of -51.20 and a beta of -0.49.

Vocera Communications (NYSE:VCRA) last issued its earnings results on Thursday, February 8th. The communications equipment provider reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.14. Vocera Communications had a negative return on equity of 8.29% and a negative net margin of 8.75%. The firm had revenue of $45.50 million for the quarter, compared to analysts’ expectations of $43.72 million. The company’s revenue for the quarter was up 26.4% on a year-over-year basis.

In related news, General Counsel Douglas Alan Carlen sold 2,000 shares of Vocera Communications stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $25.66, for a total value of $51,320.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Paul T. Johnson sold 3,000 shares of Vocera Communications stock in a transaction that occurred on Wednesday, January 24th. The shares were sold at an average price of $26.23, for a total value of $78,690.00. Following the completion of the sale, the executive vice president now directly owns 145,945 shares in the company, valued at approximately $3,828,137.35. The disclosure for this sale can be found here. Insiders have sold a total of 80,922 shares of company stock worth $2,276,087 in the last quarter. 6.30% of the stock is currently owned by company insiders.

A number of institutional investors have recently made changes to their positions in the stock. BlackRock Inc. raised its position in Vocera Communications by 1.8% in the 4th quarter. BlackRock Inc. now owns 2,062,285 shares of the communications equipment provider’s stock valued at $62,322,000 after buying an additional 35,896 shares during the last quarter. Vanguard Group Inc. raised its position 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 buying an additional 39,267 shares during the last quarter. Conestoga Capital Advisors LLC raised its position in Vocera Communications by 18.4% in the 4th quarter. Conestoga Capital Advisors LLC now owns 1,076,350 shares of the communications equipment provider’s stock valued at $32,527,000 after buying an additional 167,555 shares during the last quarter. Columbus Circle Investors raised its position in Vocera Communications by 9.7% in the 3rd quarter. Columbus Circle Investors now owns 718,712 shares of the communications equipment provider’s stock valued at $22,546,000 after buying an additional 63,340 shares during the last quarter. Finally, State Street Corp raised its position in Vocera Communications by 7.7% in the 2nd quarter. State Street Corp now owns 492,261 shares of the communications equipment provider’s stock valued at $13,006,000 after buying an additional 35,141 shares during the last quarter. 99.83% of the stock is currently owned by institutional investors and hedge funds.

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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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