Wall Street analysts expect that Vocera Communications Inc (NYSE:VCRA) will announce $34.20 million in sales for the current quarter, Zacks Investment Research reports. Seven analysts have issued estimates for Vocera Communications’ earnings, with the lowest sales estimate coming in at $33.06 million and the highest estimate coming in at $34.78 million. Vocera Communications posted sales of $40.24 million during the same quarter last year, which suggests a negative year-over-year growth rate of 15%. The company is scheduled to report its next quarterly earnings results on Thursday, April 25th.
According to Zacks, analysts expect that Vocera Communications will report full-year sales of $198.30 million for the current financial year, with estimates ranging from $186.10 million to $249.90 million. For the next year, analysts forecast that the business will report sales of $215.58 million, with estimates ranging from $194.00 million to $224.36 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that follow Vocera Communications.
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Vocera Communications (NYSE:VCRA) last posted its earnings results on Thursday, February 7th. The communications equipment provider reported $0.18 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.18. Vocera Communications had a negative return on equity of 3.37% and a negative net margin of 5.39%. The firm had revenue of $48.88 million for the quarter, compared to analysts’ expectations of $49.82 million. During the same period last year, the firm earned $0.22 EPS. The company’s quarterly revenue was up 10.8% on a year-over-year basis.
Several equities research analysts recently issued reports on the company. Zacks Investment Research upgraded Vocera Communications from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a report on Wednesday, October 24th. Chardan Capital cut Vocera Communications from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $46.00 to $33.00 in a report on Monday, February 11th. Cantor Fitzgerald reiterated a “buy” rating and issued a $37.00 price objective on shares of Vocera Communications in a report on Thursday, February 7th. Dougherty & Co cut Vocera Communications from a “buy” rating to a “neutral” rating in a report on Monday, January 14th. They noted that the move was a valuation call. Finally, ValuEngine cut Vocera Communications from a “strong-buy” rating to a “buy” rating in a report on Friday, February 8th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $38.33.
VCRA stock traded up $0.25 during trading on Friday, hitting $30.14. The stock had a trading volume of 390,831 shares, compared to its average volume of 799,291. The company has a current ratio of 4.52, a quick ratio of 4.46 and a debt-to-equity ratio of 0.69. Vocera Communications has a twelve month low of $22.43 and a twelve month high of $42.60. The stock has a market cap of $919.16 million, a price-to-earnings ratio of -177.29 and a beta of 0.31.
In other Vocera Communications news, Director Sharon O’keefe sold 4,000 shares of the business’s stock in a transaction on Tuesday, November 27th. The shares were sold at an average price of $38.00, for a total value of $152,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Douglas Alan Carlen sold 1,990 shares of the business’s stock in a transaction on Friday, February 15th. The stock was sold at an average price of $30.31, for a total transaction of $60,316.90. The disclosure for this sale can be found here. In the last three months, insiders sold 88,243 shares of company stock worth $3,415,919. 4.90% of the stock is owned by corporate insiders.
Several large investors have recently bought and sold shares of VCRA. Janus Henderson Group PLC acquired a new position in shares of Vocera Communications in the third quarter worth $23,805,000. Conestoga Capital Advisors LLC grew its stake in shares of Vocera Communications by 14.3% in the third quarter. Conestoga Capital Advisors LLC now owns 1,783,535 shares of the communications equipment provider’s stock worth $65,242,000 after acquiring an additional 223,565 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of Vocera Communications in the third quarter worth $8,040,000. Emerald Advisers LLC grew its stake in shares of Vocera Communications by 34.9% in the fourth quarter. Emerald Advisers LLC now owns 666,614 shares of the communications equipment provider’s stock worth $26,231,000 after acquiring an additional 172,572 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust grew its stake in shares of Vocera Communications by 34.7% in the fourth quarter. Emerald Mutual Fund Advisers Trust now owns 616,382 shares of the communications equipment provider’s stock worth $24,255,000 after acquiring an additional 158,947 shares in the last quarter.
About Vocera Communications
Vocera Communications, Inc provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, energy, and other mission-critical mobile work environments in the United States and internationally. The company's communication solution could be integrated with other clinical systems, including electronic health records, nurse call systems, and patient monitoring, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow.
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