Vocera Communications Inc (NYSE:VCRA) has been given a consensus rating of “Buy” by the nine analysts that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $34.33.
A number of research firms have commented on VCRA. Zacks Investment Research upgraded shares of Vocera Communications from a “sell” rating to a “hold” rating in a research note on Saturday, April 21st. Cantor Fitzgerald reiterated a “buy” rating and set a $35.00 price objective on shares of Vocera Communications in a research note on Tuesday, March 27th. Finally, Leerink Swann downgraded shares of Vocera Communications from an “outperform” rating to a “market perform” rating and set a $29.00 price objective on the stock. in a research note on Tuesday, March 13th. They noted that the move was a valuation call.
In other news, Director Sharon O’keefe sold 2,000 shares of the firm’s stock in a transaction dated Thursday, June 7th. The shares were sold at an average price of $28.00, for a total value of $56,000.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Chairman Brent D. Lang sold 10,000 shares of the firm’s stock in a transaction dated Thursday, June 7th. The stock was sold at an average price of $27.81, for a total transaction of $278,100.00. The disclosure for this sale can be found here. Insiders have sold a total of 42,000 shares of company stock worth $1,105,600 over the last quarter. 4.90% of the stock is currently owned by insiders.
Institutional investors have recently bought and sold shares of the company. Quantbot Technologies LP bought a new position in shares of Vocera Communications in the 1st quarter worth about $107,000. Redmile Group LLC bought a new position in shares of Vocera Communications in the 4th quarter worth about $212,000. Jefferies Group LLC bought a new position in shares of Vocera Communications in the 4th quarter worth about $228,000. Koch Industries Inc. bought a new position in shares of Vocera Communications in the 1st quarter worth about $204,000. Finally, Teacher Retirement System of Texas acquired a new stake in shares of Vocera Communications in the 4th quarter worth about $271,000.
Shares of Vocera Communications traded down $0.07, hitting $29.16, on Friday, MarketBeat.com reports. The stock had a trading volume of 10,604 shares, compared to its average volume of 270,425. The company has a market capitalization of $838.83 million, a PE ratio of -97.07 and a beta of -0.09. Vocera Communications has a 52-week low of $22.43 and a 52-week high of $32.23.
Vocera Communications (NYSE:VCRA) last posted its quarterly earnings data on Thursday, April 26th. The communications equipment provider reported $0.04 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.05) by $0.09. Vocera Communications had a negative net margin of 7.42% and a negative return on equity of 5.95%. The firm had revenue of $40.20 million for the quarter, compared to the consensus estimate of $39.16 million. During the same period in the prior year, the firm posted ($0.05) EPS. The firm’s revenue was up 10.7% compared to the same quarter last year. research analysts forecast that Vocera Communications will post -0.23 EPS for the current fiscal year.
About Vocera Communications
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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