Vocera Communications (VCRA) Expected to Post Earnings of -$0.05 Per Share

Wall Street analysts predict that Vocera Communications (NYSE:VCRA) will post earnings per share of ($0.05) for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for Vocera Communications’ earnings, with estimates ranging from ($0.08) to ($0.03). Vocera Communications also reported earnings of ($0.05) per share in the same quarter last year. The company is expected to report its next quarterly earnings report after the market closes on Thursday, April 26th.

According to Zacks, analysts expect that Vocera Communications will report full-year earnings of $0.43 per share for the current year, with EPS estimates ranging from $0.38 to $0.47. For the next fiscal year, analysts expect that the firm will post earnings of $0.70 per share, with EPS estimates ranging from $0.51 to $0.92. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Vocera Communications.

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Vocera Communications (NYSE:VCRA) last announced its earnings results on Thursday, February 8th. The communications equipment provider reported $0.29 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.14. Vocera Communications had a negative return on equity of 8.11% and a negative net margin of 8.75%. The business had revenue of $45.50 million during the quarter, compared to analyst estimates of $43.72 million. The business’s revenue for the quarter was up 26.4% compared to the same quarter last year.

Several analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Vocera Communications from a “hold” rating to a “sell” rating in a research note on Friday. Cantor Fitzgerald reaffirmed a “buy” rating and set a $35.00 price target on shares of Vocera Communications in a research note on Tuesday, March 27th. Leerink Swann downgraded shares of Vocera Communications from an “outperform” rating to a “market perform” rating and set a $29.00 price target for the company. in a research note on Tuesday, March 13th. They noted that the move was a valuation call. Chardan Capital reaffirmed a “buy” rating and set a $35.00 price target (down previously from $37.00) on shares of Vocera Communications in a research note on Monday, February 12th. Finally, Citigroup assumed coverage on shares of Vocera Communications in a research note on Thursday, January 4th. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $32.78.

Vocera Communications stock opened at $24.35 on Friday. Vocera Communications has a fifty-two week low of $22.43 and a fifty-two week high of $32.23. The company has a market cap of $719.32, a PE ratio of -81.17 and a beta of -0.20.

In related news, EVP Paul T. Johnson sold 18,553 shares of the business’s stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $30.00, for a total value of $556,590.00. Following the completion of the transaction, the executive vice president now owns 151,989 shares of the company’s stock, valued at $4,559,670. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Brent D. Lang sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $27.96, for a total transaction of $279,600.00. The disclosure for this sale can be found here. Insiders sold 81,905 shares of company stock valued at $2,266,946 in the last three months. 6.30% of the stock is currently owned by insiders.

A number of large investors have recently modified their holdings of VCRA. Wells Fargo & Company MN raised its stake in Vocera Communications by 71.7% in the third quarter. Wells Fargo & Company MN now owns 474,748 shares of the communications equipment provider’s stock worth $14,893,000 after buying an additional 198,324 shares in the last quarter. Asset Management One Co. Ltd. bought a new position in Vocera Communications in the third quarter worth approximately $5,666,000. Conestoga Capital Advisors LLC raised its stake in Vocera Communications by 18.4% in the fourth quarter. Conestoga Capital Advisors LLC now owns 1,076,350 shares of the communications equipment provider’s stock worth $32,527,000 after buying an additional 167,555 shares in the last quarter. Next Century Growth Investors LLC raised its stake in Vocera Communications by 176.3% in the fourth quarter. Next Century Growth Investors LLC now owns 178,466 shares of the communications equipment provider’s stock worth $5,393,000 after buying an additional 113,870 shares in the last quarter. Finally, Alliancebernstein L.P. raised its stake in Vocera Communications by 6.9% in the fourth quarter. Alliancebernstein L.P. now owns 1,597,525 shares of the communications equipment provider’s stock worth $48,277,000 after buying an additional 103,389 shares in the last quarter.

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Vocera Communications Company Profile

Vocera Communications, Inc provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, energy, and other mission-critical mobile work environments in the United States and internationally. The company's communication solution could be integrated with other clinical systems, including electronic health records, nurse call systems, and patient monitoring, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow.

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