Somewhat Favorable News Coverage Extremely Likely to Impact Vocera Communications (VCRA) Stock Price

Headlines about Vocera Communications (NYSE:VCRA) have been trending somewhat positive recently, AlphaOne Sentiment reports. AlphaOne, a division of Accern, rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Vocera Communications earned a news impact score of 0.21 on AlphaOne’s scale. AlphaOne also gave news coverage about the communications equipment provider an impact score of 94 out of 100, indicating that recent media coverage is extremely likely to have an impact on the stock’s share price in the next several days.

Here are some of the news articles that may have impacted Alpha One Sentiment’s rankings:

Vocera Communications (NYSE:VCRA) traded up 2.55% during trading on Friday, reaching $25.75. 184,495 shares of the company’s stock traded hands. The firm’s market cap is $727.26 million. The firm has a 50 day moving average price of $24.62 and a 200-day moving average price of $20.97. Vocera Communications has a 12 month low of $10.89 and a 12 month high of $26.09.

Vocera Communications (NYSE:VCRA) last issued its quarterly earnings results on Friday, April 28th. The communications equipment provider reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.08) by $0.11. Vocera Communications had a negative return on equity of 9.67% and a negative net margin of 13.52%. The business had revenue of $36.30 million for the quarter, compared to the consensus estimate of $34.46 million. During the same period last year, the firm earned ($0.03) earnings per share. The company’s quarterly revenue was up 35.4% compared to the same quarter last year. On average, analysts forecast that Vocera Communications will post $0.13 earnings per share for the current fiscal year.

Several equities analysts have commented on the stock. Zacks Investment Research raised shares of Vocera Communications from a “sell” rating to a “hold” rating in a research report on Wednesday. CIBC increased their target price on shares of Vocera Communications from $27.00 to $28.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 2nd. Oppenheimer Holdings Inc. reissued an “outperform” rating and set a $28.00 target price (up from $27.00) on shares of Vocera Communications in a research report on Monday, May 1st. Finally, Dougherty & Co increased their target price on shares of Vocera Communications from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, April 28th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $23.69.

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In other news, insider Mary Bridget Duffy sold 29,955 shares of the business’s stock in a transaction dated Tuesday, March 14th. The shares were sold at an average price of $23.01, for a total transaction of $689,264.55. Following the transaction, the insider now directly owns 126,542 shares in the company, valued at approximately $2,911,731.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Brent D. Lang sold 5,000 shares of the business’s stock in a transaction dated Monday, April 3rd. The stock was sold at an average price of $24.33, for a total transaction of $121,650.00. The disclosure for this sale can be found here. Insiders have sold a total of 193,673 shares of company stock worth $4,647,151 over the last three months. Insiders own 13.60% 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 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.

12 Month Chart for NYSE:VCRA

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