-$0.21 Earnings Per Share Expected for Vocera Communications Inc (VCRA) This Quarter

Wall Street analysts predict that Vocera Communications Inc (NYSE:VCRA) will post ($0.21) earnings per share for the current quarter, according to Zacks. Seven analysts have provided estimates for Vocera Communications’ earnings. The highest EPS estimate is ($0.12) and the lowest is ($0.26). Vocera Communications reported earnings per share of $0.04 during the same quarter last year, which would suggest a negative year over year growth rate of 625%. The company is scheduled to report its next earnings report on Thursday, April 25th.

On average, analysts expect that Vocera Communications will report full year earnings of $0.44 per share for the current year, with EPS estimates ranging from $0.38 to $0.49. For the next fiscal year, analysts expect that the business will report earnings of $0.73 per share, with EPS estimates ranging from $0.44 to $0.92. Zacks’ earnings per share averages are a mean average based on a survey of research firms that cover Vocera Communications.

Vocera Communications (NYSE:VCRA) last issued its earnings results on Thursday, February 7th. The communications equipment provider reported $0.18 EPS for the quarter, meeting the consensus estimate of $0.18. Vocera Communications had a negative net margin of 5.39% and a negative return on equity of 3.26%. The company had revenue of $48.88 million during the quarter, compared to analysts’ expectations of $49.82 million. During the same period in the previous year, the company earned $0.22 EPS. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year.

Several equities research analysts have weighed in on the company. Citigroup cut Vocera Communications from a “buy” rating to a “neutral” rating in a research note on Friday, February 8th. Cantor Fitzgerald reiterated a “buy” rating and issued a $37.00 price target on shares of Vocera Communications in a research note on Thursday, February 7th. ValuEngine raised Vocera Communications from a “buy” rating to a “strong-buy” rating in a report on Friday, March 15th. Zacks Investment Research raised Vocera Communications from a “hold” rating to a “buy” rating and set a $44.00 price target for the company in a report on Tuesday, January 1st. Finally, Chardan Capital downgraded Vocera Communications from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $46.00 to $33.00 in a research report on Monday, February 11th. Three analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $39.44.

NYSE:VCRA traded down $0.30 during mid-day trading on Monday, reaching $31.16. The stock had a trading volume of 135,129 shares, compared to its average volume of 507,715. The stock has a market capitalization of $969.12 million, a price-to-earnings ratio of -183.29 and a beta of 0.25. The company has a debt-to-equity ratio of 0.68, a current ratio of 4.49 and a quick ratio of 4.42. Vocera Communications has a 12 month low of $22.96 and a 12 month high of $42.60.

In other news, EVP Paul T. Johnson sold 12,000 shares of Vocera Communications stock in a transaction dated Wednesday, January 9th. The stock was sold at an average price of $41.00, for a total transaction of $492,000.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Mary Bridget Duffy sold 31,545 shares of Vocera Communications stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $32.21, for a total value of $1,016,064.45. Following the sale, the insider now directly owns 90,873 shares in the company, valued at $2,927,019.33. The disclosure for this sale can be found here. Insiders sold 130,110 shares of company stock worth $4,621,406 in the last 90 days. Company insiders own 4.90% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Bronfman E.L. Rothschild L.P. grew its holdings in Vocera Communications by 116.4% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 1,190 shares of the communications equipment provider’s stock worth $47,000 after acquiring an additional 640 shares during the last quarter. Group One Trading L.P. acquired a new position in Vocera Communications in the 4th quarter valued at approximately $125,000. Legal & General Group Plc raised its stake in shares of Vocera Communications by 13.0% during the fourth quarter. Legal & General Group Plc now owns 5,348 shares of the communications equipment provider’s stock valued at $211,000 after acquiring an additional 616 shares during the last quarter. Ibex Investors LLC bought a new position in shares of Vocera Communications during the fourth quarter valued at $223,000. Finally, United Services Automobile Association acquired a new position in shares of Vocera Communications during the fourth quarter worth $278,000.

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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