Vocera Communications, Inc. (NYSE:VCRA) Receives $40.14 Average PT from Brokerages


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Vocera Communications, Inc. (NYSE:VCRA) has earned a consensus rating of “Hold” from the eleven analysts that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $40.14.

Several research analysts have weighed in on VCRA shares. Robert W. Baird raised shares of Vocera Communications from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $40.00 to $52.00 in a research note on Friday, February 12th. Royal Bank of Canada increased their price objective on shares of Vocera Communications from $32.00 to $43.00 and gave the stock a “sector perform” rating in a research report on Friday, February 12th. Craig Hallum upped their price target on Vocera Communications from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, February 12th. SVB Leerink lifted their price objective on Vocera Communications from $23.00 to $30.00 and gave the company an “underperform” rating in a research note on Friday, February 12th. Finally, Zacks Investment Research lowered Vocera Communications from a “hold” rating to a “sell” rating in a research note on Thursday, February 18th.

Shares of Vocera Communications stock opened at $36.22 on Monday. The stock has a 50 day moving average of $41.34 and a 200 day moving average of $38.22. The company has a debt-to-equity ratio of 0.71, a quick ratio of 3.76 and a current ratio of 3.91. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of -100.61 and a beta of 0.08. Vocera Communications has a fifty-two week low of $17.51 and a fifty-two week high of $55.60.

Vocera Communications (NYSE:VCRA) last announced its quarterly earnings results on Wednesday, February 10th. The communications equipment provider reported $0.28 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.08. The business had revenue of $56.59 million for the quarter, compared to analyst estimates of $54.06 million. Vocera Communications had a negative return on equity of 5.63% and a negative net margin of 5.99%. Analysts forecast that Vocera Communications will post -0.3 EPS for the current year.

In other news, CEO Brent D. Lang sold 25,158 shares of the firm’s stock in a transaction that occurred on Tuesday, January 12th. The stock was sold at an average price of $43.59, for a total value of $1,096,637.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Brent D. Lang sold 9,158 shares of Vocera Communications stock in a transaction that occurred on Friday, February 12th. The shares were sold at an average price of $46.16, for a total value of $422,733.28. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 132,279 shares of company stock worth $5,729,778. Corporate insiders own 3.20% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Retirement Group LLC purchased a new stake in Vocera Communications during the fourth quarter worth about $35,000. Amalgamated Bank acquired a new stake in shares of Vocera Communications in the 4th quarter worth approximately $209,000. Truist Financial Corp purchased a new position in Vocera Communications in the 4th quarter valued at approximately $215,000. Paloma Partners Management Co acquired a new position in Vocera Communications during the third quarter worth $218,000. Finally, Cornerstone Investment Partners LLC acquired a new position in Vocera Communications during the fourth quarter worth $225,000.

Vocera Communications Company Profile

Vocera Communications, Inc provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, retail, energy, education, and other mission-critical mobile work environments in the United States and internationally. The company's communication solution integrates 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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Analyst Recommendations for Vocera Communications (NYSE:VCRA)

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