Shares of Vocera Communications Inc. (NYSE:VCRA) have been assigned an average recommendation of “Buy” from the nine research firms that are covering the company. Nine analysts have rated the stock with a buy rating. The average 1 year target price among brokers that have issued a report on the stock in the last year is $18.36.
Several equities research analysts have recently issued reports on the stock. Leerink Swann reiterated an “outperform” rating and set a $20.00 price objective (up previously from $18.00) on shares of Vocera Communications in a research report on Thursday, September 8th. Zacks Investment Research upgraded shares of Vocera Communications from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a research report on Wednesday, August 3rd. Raymond James Financial Inc. assumed coverage on shares of Vocera Communications in a research report on Wednesday, July 13th. They set an “outperform” rating and a $16.50 price objective on the stock. Finally, FBR & Co lifted their price objective on shares of Vocera Communications from $17.00 to $20.00 and gave the company an “outperform” rating in a research report on Friday, July 29th.
Shares of Vocera Communications (NYSE:VCRA) opened at 18.43 on Thursday. Vocera Communications has a 12 month low of $10.08 and a 12 month high of $18.59. The stock’s market cap is $497.98 million. The firm’s 50-day moving average is $16.83 and its 200 day moving average is $13.79.
Vocera Communications (NYSE:VCRA) last released its earnings results on Thursday, July 28th. The company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.04. Vocera Communications had a negative net margin of 12.19% and a negative return on equity of 12.43%. The company had revenue of $31.10 million for the quarter, compared to analysts’ expectations of $27.90 million. During the same quarter last year, the business earned ($0.09) EPS. The firm’s revenue was up 22.4% compared to the same quarter last year. On average, equities analysts predict that Vocera Communications will post $0.05 EPS for the current year.
In related news, CEO Brent D. Lang sold 12,295 shares of the business’s stock in a transaction on Monday, August 1st. The shares were sold at an average price of $14.98, for a total value of $184,179.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Brent D. Lang sold 2,000 shares of the business’s stock in a transaction on Thursday, August 4th. The stock was sold at an average price of $15.00, for a total transaction of $30,000.00. The disclosure for this sale can be found here. 13.60% of the stock is currently owned by corporate insiders.
A number of large investors have recently made changes to their positions in the company. Elk Creek Partners LLC raised its position in Vocera Communications by 83.7% in the second quarter. Elk Creek Partners LLC now owns 1,065,247 shares of the company’s stock valued at $13,688,000 after buying an additional 485,363 shares during the last quarter. Eqis Capital Management Inc. purchased a new position in Vocera Communications during the second quarter valued at approximately $273,000. UBS Group AG raised its position in Vocera Communications by 1.1% in the first quarter. UBS Group AG now owns 141,091 shares of the company’s stock valued at $1,799,000 after buying an additional 1,477 shares during the last quarter. Emerald Acquisition Ltd. purchased a new position in Vocera Communications during the second quarter valued at approximately $2,568,000. Finally, Los Angeles Capital Management & Equity Research Inc. purchased a new position in Vocera Communications during the second quarter valued at approximately $525,000. Institutional investors own 92.82% of the company’s stock.
Vocera Communications Company Profile
Vocera Communications, Inc is a provider of communication solutions for mobile workers in healthcare, hospitality, energy, education and other industries. The Company’s solutions include the Vocera Communication System, Vocera Care Experience Suite and its Experience Innovation Network. Its two segments include Product and Service.
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