Vocera Communications, Inc. (VCRA) to Post Q1 2018 Earnings of ($0.05) Per Share, William Blair Forecasts

Vocera Communications, Inc. (NYSE:VCRA) – Research analysts at William Blair issued their Q1 2018 earnings estimates for shares of Vocera Communications in a research report issued on Tuesday. William Blair analyst R. Daniels anticipates that the communications equipment provider will earn ($0.05) per share for the quarter. William Blair also issued estimates for Vocera Communications’ Q2 2018 earnings at ($0.05) EPS, Q3 2018 earnings at ($0.01) EPS and Q4 2018 earnings at ($0.02) EPS.

Vocera Communications (NYSE:VCRA) last issued its quarterly earnings results on Thursday, October 26th. The communications equipment provider reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. Vocera Communications had a negative return on equity of 15.55% and a negative net margin of 17.42%. The company had revenue of $42.30 million for the quarter, compared to analysts’ expectations of $41.44 million. During the same period last year, the firm earned $0.08 EPS. The firm’s revenue for the quarter was up 25.3% on a year-over-year basis.

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VCRA has been the topic of a number of other reports. Cantor Fitzgerald restated a “buy” rating and issued a $30.00 target price on shares of Vocera Communications in a report on Tuesday, September 26th. Oppenheimer Holdings, Inc. lifted their target price on Vocera Communications from $32.00 to $36.00 and gave the stock an “outperform” rating in a report on Friday, October 27th. BidaskClub cut Vocera Communications from a “strong-buy” rating to a “buy” rating in a report on Wednesday, September 20th. Zacks Investment Research cut Vocera Communications from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Finally, Leerink Swann lifted their target price on Vocera Communications from $24.00 to $31.00 and gave the stock an “outperform” rating in a report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $32.67.

Vocera Communications (VCRA) opened at $26.33 on Friday. Vocera Communications has a 1-year low of $16.96 and a 1-year high of $32.23.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. California Public Employees Retirement System boosted its position in Vocera Communications by 27.7% during the third quarter. California Public Employees Retirement System now owns 23,491 shares of the communications equipment provider’s stock valued at $737,000 after purchasing an additional 5,091 shares during the last quarter. Asset Management One Co. Ltd. acquired a new stake in Vocera Communications during the third quarter valued at $5,666,000. Envestnet Asset Management Inc. boosted its position in Vocera Communications by 41.0% during the third quarter. Envestnet Asset Management Inc. now owns 7,678 shares of the communications equipment provider’s stock valued at $241,000 after purchasing an additional 2,231 shares during the last quarter. OxFORD Asset Management LLP boosted its position in Vocera Communications by 36.3% during the third quarter. OxFORD Asset Management LLP now owns 38,027 shares of the communications equipment provider’s stock valued at $1,200,000 after purchasing an additional 10,119 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its position in Vocera Communications by 177.2% during the third quarter. Schwab Charles Investment Management Inc. now owns 132,765 shares of the communications equipment provider’s stock valued at $4,165,000 after purchasing an additional 84,865 shares during the last quarter. 98.58% of the stock is owned by hedge funds and other institutional investors.

In related news, CEO Brent D. Lang sold 5,000 shares of Vocera Communications stock in a transaction on Friday, September 1st. The stock was sold at an average price of $27.86, for a total transaction of $139,300.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Paul T. Johnson sold 4,000 shares of Vocera Communications stock in a transaction on Monday, September 11th. The shares were sold at an average price of $28.11, for a total value of $112,440.00. Following the sale, the executive vice president now directly owns 162,134 shares of the company’s stock, valued at approximately $4,557,586.74. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,000 shares of company stock valued at $836,030. 6.30% of the stock is currently owned by insiders.

About Vocera Communications

Vocera Communications, Inc is a provider of communication solutions for mobile workers in healthcare, hospitality, energy, education and other industries. The Company’s segments include Product and Service. The Company’s solutions include the Vocera Communication System, Vocera Care Experience, Vocera Engage integration platform, smartphone applications and its Experience Innovation Network.

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