Vocera Communications (NYSE:VCRA) Stock Price Down 5.2%

Vocera Communications Inc (NYSE:VCRA)’s share price was down 5.2% during trading on Tuesday . The stock traded as low as $23.28 and last traded at $23.37, approximately 558,045 shares changed hands during mid-day trading. An increase of 26% from the average daily volume of 443,439 shares. The stock had previously closed at $24.65.

Several equities research analysts have commented on VCRA shares. Oppenheimer set a $36.00 price target on shares of Vocera Communications and gave the stock a “buy” rating in a research report on Friday, July 26th. Dougherty & Co reiterated a “buy” rating and issued a $37.00 price target (down from $38.00) on shares of Vocera Communications in a research report on Friday, July 26th. ValuEngine upgraded shares of Vocera Communications from a “hold” rating to a “buy” rating in a research report on Friday, September 20th. Guggenheim set a $31.00 price target on shares of Vocera Communications and gave the stock a “buy” rating in a research report on Thursday, September 26th. Finally, William Blair reiterated a “buy” rating on shares of Vocera Communications in a research report on Friday, July 26th. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $33.60.

The company has a fifty day simple moving average of $24.00 and a 200-day simple moving average of $29.23. The company has a current ratio of 4.45, a quick ratio of 4.36 and a debt-to-equity ratio of 0.75. The stock has a market cap of $771.41 million, a price-to-earnings ratio of -137.47 and a beta of 0.37.

Vocera Communications (NYSE:VCRA) last posted its quarterly earnings data on Thursday, July 25th. The communications equipment provider reported ($0.13) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.19) by $0.06. The firm had revenue of $44.80 million for the quarter, compared to the consensus estimate of $43.38 million. Vocera Communications had a negative return on equity of 8.62% and a negative net margin of 10.15%. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.09 EPS. As a group, analysts anticipate that Vocera Communications Inc will post -0.36 earnings per share for the current year.

In other Vocera Communications news, Director Sharon O’keefe sold 4,000 shares of Vocera Communications stock in a transaction dated Thursday, July 11th. The stock was sold at an average price of $29.60, for a total transaction of $118,400.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Paul T. Johnson sold 1,000 shares of Vocera Communications stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $29.32, for a total value of $29,320.00. Following the transaction, the executive vice president now directly owns 136,999 shares in the company, valued at approximately $4,016,810.68. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 10,000 shares of company stock worth $268,950. Corporate insiders own 3.20% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in VCRA. US Bancorp DE grew its stake in Vocera Communications by 52.8% during the 1st quarter. US Bancorp DE now owns 27,532 shares of the communications equipment provider’s stock valued at $871,000 after acquiring an additional 9,519 shares in the last quarter. NumerixS Investment Technologies Inc purchased a new position in Vocera Communications during the 1st quarter valued at about $228,000. Elk Creek Partners LLC purchased a new position in Vocera Communications during the 1st quarter valued at about $11,371,000. Paradigm Capital Management Inc. NY grew its stake in Vocera Communications by 2.4% during the 1st quarter. Paradigm Capital Management Inc. NY now owns 421,500 shares of the communications equipment provider’s stock valued at $13,332,000 after acquiring an additional 10,000 shares in the last quarter. Finally, Neuburgh Advisers LLC grew its stake in Vocera Communications by 11.6% during the 1st quarter. Neuburgh Advisers LLC now owns 30,672 shares of the communications equipment provider’s stock valued at $970,000 after acquiring an additional 3,184 shares in the last quarter.

About Vocera Communications (NYSE:VCRA)

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 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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