Equities research analysts expect Vocera Communications, Inc. (NYSE:VCRA) to announce earnings of $0.15 per share for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for Vocera Communications’ earnings. The highest EPS estimate is $0.17 and the lowest is $0.13. The business is expected to announce its next quarterly earnings report on Thursday, February 8th.
According to Zacks, analysts expect that Vocera Communications will report full-year earnings of $0.17 per share for the current year, with EPS estimates ranging from $0.15 to $0.20. For the next financial year, analysts forecast that the firm will post earnings of $0.52 per share, with EPS estimates ranging from $0.36 to $0.69. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that cover Vocera Communications.
Vocera Communications (NYSE:VCRA) last issued its quarterly earnings data on Thursday, October 26th. The communications equipment provider reported $0.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.01. Vocera Communications had a negative return on equity of 15.55% and a negative net margin of 17.42%. The firm had revenue of $42.30 million during the quarter, compared to the consensus estimate of $41.44 million. During the same period in the previous year, the firm posted $0.08 EPS. The company’s quarterly revenue was up 25.3% compared to the same quarter last year.
Several brokerages recently issued reports on VCRA. Zacks Investment Research upgraded Vocera Communications from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research report on Friday, September 29th. BidaskClub upgraded Vocera Communications from a “sell” rating to a “hold” rating in a research report on Wednesday, October 25th. Cantor Fitzgerald restated a “buy” rating and set a $35.00 price objective on shares of Vocera Communications in a research report on Thursday, October 26th. Oppenheimer Holdings, Inc. lifted their price objective on Vocera Communications from $32.00 to $36.00 and gave the stock an “outperform” rating in a research report on Friday, October 27th. Finally, Leerink Swann reiterated an “outperform” rating and issued a $34.00 price target (up from $31.00) on shares of Vocera Communications in a report on Tuesday, September 12th. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $32.67.
Shares of Vocera Communications (NYSE VCRA) traded down $0.19 during trading on Thursday, hitting $25.12. The company had a trading volume of 212,700 shares, compared to its average volume of 192,230. Vocera Communications has a 1 year low of $16.10 and a 1 year high of $32.23.
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In other Vocera Communications news, Director Sharon O’keefe sold 2,000 shares of the business’s stock in a transaction on Thursday, October 5th. The stock was sold at an average price of $31.17, for a total value of $62,340.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Brent D. Lang sold 5,000 shares of the business’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $27.86, for a total value of $139,300.00. The disclosure for this sale can be found here. Insiders sold a total of 27,000 shares of company stock valued at $784,710 over the last quarter. 6.30% of the stock is currently owned by insiders.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Nicholas Investment Partners LP grew its stake in shares of Vocera Communications by 0.3% during the 2nd quarter. Nicholas Investment Partners LP now owns 127,668 shares of the communications equipment provider’s stock valued at $3,371,000 after buying an additional 411 shares during the period. Metropolitan Life Insurance Co. NY grew its stake in shares of Vocera Communications by 2.6% during the 1st quarter. Metropolitan Life Insurance Co. NY now owns 17,331 shares of the communications equipment provider’s stock valued at $430,000 after buying an additional 434 shares during the period. Legal & General Group Plc grew its stake in shares of Vocera Communications by 11.2% during the 2nd quarter. Legal & General Group Plc now owns 6,662 shares of the communications equipment provider’s stock valued at $177,000 after buying an additional 671 shares during the period. California State Teachers Retirement System grew its stake in shares of Vocera Communications by 1.8% during the 2nd quarter. California State Teachers Retirement System now owns 49,585 shares of the communications equipment provider’s stock valued at $1,310,000 after buying an additional 900 shares during the period. Finally, Voya Investment Management LLC grew its stake in shares of Vocera Communications by 6.9% during the 2nd quarter. Voya Investment Management LLC now owns 15,146 shares of the communications equipment provider’s stock valued at $400,000 after buying an additional 982 shares during the period.
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 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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