Dougherty & Co Weighs in on Vocera Communications Inc’s Q1 2018 Earnings (VCRA)

Vocera Communications Inc (NYSE:VCRA) – Dougherty & Co issued their Q1 2018 EPS estimates for shares of Vocera Communications in a research note issued on Monday. Dougherty & Co analyst G. Mannheimer expects that the communications equipment provider will earn ($0.20) per share for the quarter.

A number of other equities research analysts have also weighed in on VCRA. BidaskClub lowered shares of Vocera Communications from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $35.00 price target on shares of Vocera Communications in a report on Thursday, October 26th. Oppenheimer raised their price target on shares of Vocera Communications from $32.00 to $36.00 and gave the company an “outperform” rating in a report on Friday, October 27th. Zacks Investment Research lowered shares of Vocera Communications from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Finally, Craig Hallum reaffirmed a “buy” rating and set a $36.00 price target on shares of Vocera Communications in a report on Monday, November 27th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $33.00.

Shares of Vocera Communications (NYSE:VCRA) opened at $24.86 on Tuesday. Vocera Communications has a 52-week low of $19.48 and a 52-week high of $32.23. The stock has a market cap of $762.85, a price-to-earnings ratio of -48.75 and a beta of -0.49.

Vocera Communications (NYSE:VCRA) last released its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.14. Vocera Communications had a negative net margin of 8.75% and a negative return on equity of 8.29%. The company had revenue of $45.50 million during the quarter, compared to analyst estimates of $43.72 million. The business’s revenue was up 26.4% compared to the same quarter last year.

A number of hedge funds and other institutional investors have recently bought and sold shares of VCRA. JPMorgan Chase & Co. bought a new position in Vocera Communications during the 2nd quarter valued at $215,000. Jefferies Group LLC bought a new position in Vocera Communications during the 4th quarter valued at $228,000. Comerica Bank bought a new position in Vocera Communications during the 3rd quarter valued at $239,000. Envestnet Asset Management Inc. boosted its stake in Vocera Communications by 41.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 7,678 shares of the communications equipment provider’s stock valued at $241,000 after acquiring an additional 2,231 shares during the last quarter. Finally, Teacher Retirement System of Texas bought a new position in Vocera Communications during the 4th quarter valued at $271,000. Hedge funds and other institutional investors own 99.83% of the company’s stock.

In other Vocera Communications news, EVP Paul T. Johnson sold 12,977 shares of the stock in a transaction on Friday, January 19th. The shares were sold at an average price of $26.75, for a total transaction of $347,134.75. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Sharon O’keefe sold 2,000 shares of the stock in a transaction on Friday, January 5th. The shares were sold at an average price of $30.18, for a total transaction of $60,360.00. Following the transaction, the director now owns 42,127 shares in the company, valued at $1,271,392.86. The disclosure for this sale can be found here. Insiders have sold a total of 78,922 shares of company stock worth $2,224,767 over the last quarter. 6.30% of the stock is currently owned by insiders.

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About Vocera Communications

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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