Vocera Communications Inc (VCRA) Boosted to “Hold” at ValuEngine

Vocera Communications Inc (VCRA) Boosted to “Hold” at ValuEngine

Vocera Communications Inc (NYSE:VCRA) was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Friday.

Other equities analysts also recently issued research reports about the company. Dougherty & Co upped their target price on Vocera Communications from $25.00 to $28.00 and gave the company a “buy” rating in a report on Friday, April 28th. Zacks Investment Research upgraded Vocera Communications from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a report on Wednesday, February 15th. Oppenheimer Holdings Inc. set a $27.00 target price on Vocera Communications and gave the company a “buy” rating in a report on Saturday, February 11th. Finally, CIBC upped their target price on Vocera Communications from $27.00 to $28.00 and gave the company an “outperform” rating in a report on Tuesday, May 2nd. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $23.69.

Vocera Communications (VCRA) traded down 1.00% during mid-day trading on Friday, hitting $26.67. 185,987 shares of the stock traded hands. The company has a 50-day moving average of $25.16 and a 200 day moving average of $21.50. Vocera Communications has a 1-year low of $11.66 and a 1-year high of $27.40. The firm’s market capitalization is $753.24 million.

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

In other Vocera Communications news, insider Mary Bridget Duffy sold 29,955 shares of the stock in a transaction on Tuesday, March 14th. The stock was sold at an average price of $23.01, for a total value of $689,264.55. Following the completion of the transaction, the insider now owns 126,542 shares in the company, valued at $2,911,731.42. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robert Zollars sold 62,000 shares of the stock in a transaction on Thursday, May 18th. The stock was sold at an average price of $24.98, for a total value of $1,548,760.00. Following the completion of the transaction, the director now owns 37,463 shares of the company’s stock, valued at approximately $935,825.74. The disclosure for this sale can be found here. In the last quarter, insiders sold 255,673 shares of company stock valued at $6,195,911. 13.60% of the stock is owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of VCRA. Sei Investments Co. increased its position in Vocera Communications by 12.9% in the first quarter. Sei Investments Co. now owns 5,771 shares of the communications equipment provider’s stock worth $143,000 after buying an additional 658 shares during the period. Karp Capital Management Corp purchased a new position in Vocera Communications during the first quarter worth about $216,000. Bayesian Capital Management LP purchased a new position in Vocera Communications during the fourth quarter worth about $228,000. GSA Capital Partners LLP purchased a new position in Vocera Communications during the fourth quarter worth about $242,000. Finally, Tudor Investment Corp Et Al purchased a new position in Vocera Communications during the fourth quarter worth about $314,000. Institutional investors and hedge funds own 92.64% 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “VCRA”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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