Research Analysts Set Expectations for Vocera Communications Inc’s Q3 2018 Earnings (VCRA)

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Vocera Communications Inc (NYSE:VCRA) – Equities research analysts at Jefferies Financial Group issued their Q3 2018 earnings per share estimates for Vocera Communications in a research note issued to investors on Wednesday, September 19th, according to Zacks Investment Research. Jefferies Financial Group analyst S. Dodge anticipates that the communications equipment provider will earn ($0.08) per share for the quarter. Jefferies Financial Group currently has a “Buy” rating and a $40.00 target price on the stock. Jefferies Financial Group also issued estimates for Vocera Communications’ Q4 2018 earnings at ($0.03) EPS, FY2018 earnings at ($0.29) EPS, FY2019 earnings at ($0.22) EPS and FY2020 earnings at ($0.03) EPS.

Several other equities analysts also recently commented on VCRA. ValuEngine raised shares of Vocera Communications from a “hold” rating to a “buy” rating in a research note on Thursday, June 21st. Wells Fargo & Co increased their price objective on shares of Vocera Communications from $28.00 to $35.00 and gave the company an “outperform” rating in a research note on Friday, July 27th. Piper Jaffray Companies increased their price objective on shares of Vocera Communications to $33.00 and gave the company an “overweight” rating in a research note on Thursday, June 21st. Chardan Capital increased their price objective on shares of Vocera Communications from $35.00 to $47.00 and gave the company a “buy” rating in a research note on Friday, July 27th. Finally, Zacks Investment Research raised shares of Vocera Communications from a “sell” rating to a “hold” rating in a research note on Wednesday, August 1st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the stock. Vocera Communications has a consensus rating of “Buy” and an average price target of $36.36.

NYSE:VCRA traded down $0.51 on Friday, hitting $31.10. The company had a trading volume of 360,463 shares, compared to its average volume of 253,282. The company has a market cap of $1.10 billion, a price-to-earnings ratio of -103.67 and a beta of -0.03. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.54 and a quick ratio of 4.46. Vocera Communications has a 52 week low of $22.43 and a 52 week high of $36.95.

Vocera Communications (NYSE:VCRA) last posted its quarterly earnings results on Thursday, July 26th. The communications equipment provider reported $0.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.14) by $0.23. The business had revenue of $42.69 million for the quarter, compared to analyst estimates of $42.50 million. Vocera Communications had a negative net margin of 5.01% and a negative return on equity of 2.72%. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter last year, the business posted $0.02 EPS.

Several hedge funds have recently added to or reduced their stakes in VCRA. Envestnet Asset Management Inc. raised its stake in Vocera Communications by 22.1% during the second quarter. Envestnet Asset Management Inc. now owns 10,419 shares of the communications equipment provider’s stock worth $311,000 after buying an additional 1,887 shares during the last quarter. Schwab Charles Investment Management Inc. grew its holdings in shares of Vocera Communications by 1.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 154,277 shares of the communications equipment provider’s stock valued at $4,612,000 after buying an additional 2,177 shares during the last quarter. Paradigm Capital Management Inc. NY grew its holdings in shares of Vocera Communications by 0.5% during the second quarter. Paradigm Capital Management Inc. NY now owns 454,800 shares of the communications equipment provider’s stock valued at $13,594,000 after buying an additional 2,300 shares during the last quarter. State Board of Administration of Florida Retirement System grew its holdings in shares of Vocera Communications by 14.3% during the second quarter. State Board of Administration of Florida Retirement System now owns 24,352 shares of the communications equipment provider’s stock valued at $728,000 after buying an additional 3,040 shares during the last quarter. Finally, Swiss National Bank grew its holdings in shares of Vocera Communications by 7.3% during the first quarter. Swiss National Bank now owns 45,600 shares of the communications equipment provider’s stock valued at $1,068,000 after buying an additional 3,100 shares during the last quarter.

In other news, General Counsel Douglas Alan Carlen sold 3,000 shares of the firm’s stock in a transaction on Wednesday, August 15th. The shares were sold at an average price of $31.08, for a total transaction of $93,240.00. Following the completion of the transaction, the general counsel now owns 78,517 shares of the company’s stock, valued at $2,440,308.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Brent D. Lang sold 10,000 shares of the firm’s stock in a transaction on Monday, October 8th. The shares were sold at an average price of $33.82, for a total transaction of $338,200.00. The disclosure for this sale can be found here. Insiders have sold 38,500 shares of company stock valued at $1,272,415 in the last ninety days. Insiders own 4.90% of the company’s stock.

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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