Vocera Communications (VCRA) Issues Earnings Results

Vocera Communications (NYSE:VCRA) posted its quarterly earnings data on Thursday. The communications equipment provider reported $0.18 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.18, Bloomberg Earnings reports. Vocera Communications had a negative net margin of 3.36% and a negative return on equity of 0.71%. The firm had revenue of $48.88 million for the quarter, compared to the consensus estimate of $49.82 million. During the same period in the prior year, the firm posted $0.22 EPS. The firm’s revenue was up 10.8% compared to the same quarter last year.

Vocera Communications stock opened at $30.28 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 4.46 and a current ratio of 4.52. Vocera Communications has a 1 year low of $22.43 and a 1 year high of $42.60. The stock has a market capitalization of $1.22 billion, a PE ratio of -100.93 and a beta of 0.31.

In related news, EVP Paul T. Johnson sold 22,553 shares of the stock in a transaction dated Tuesday, January 15th. The shares were sold at an average price of $38.23, for a total value of $862,201.19. Following the sale, the executive vice president now owns 131,280 shares of the company’s stock, valued at approximately $5,018,834.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Sharon O’keefe sold 4,000 shares of the stock in a transaction dated Tuesday, November 27th. The stock was sold at an average price of $38.00, for a total transaction of $152,000.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 83,253 shares of company stock worth $3,274,372. Insiders own 4.90% of the company’s stock.



A number of research analysts have commented on VCRA shares. Cantor Fitzgerald reiterated a “buy” rating and set a $37.00 price objective on shares of Vocera Communications in a research note on Thursday. Zacks Investment Research upgraded shares of Vocera Communications from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research report on Tuesday, January 1st. Citigroup restated a “buy” rating and issued a $46.00 price target (up from $37.00) on shares of Vocera Communications in a research report on Tuesday, December 18th. Robert W. Baird restated a “buy” rating and issued a $40.00 price target on shares of Vocera Communications in a research report on Friday, November 30th. Finally, Dougherty & Co downgraded shares of Vocera Communications from a “buy” rating to a “neutral” rating in a research report on Monday, January 14th. They noted that the move was a valuation call. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $39.89.

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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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Earnings History for Vocera Communications (NYSE:VCRA)

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