Vocera Communications Inc (NYSE:VCRA) has received a consensus rating of “Buy” from the ten ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $37.86.

A number of brokerages have issued reports on VCRA. ValuEngine upgraded Vocera Communications from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 15th. Dougherty & Co upgraded Vocera Communications from a “neutral” rating to a “buy” rating and set a $39.00 price target on the stock in a research report on Thursday, February 28th. Chardan Capital downgraded Vocera Communications from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $46.00 to $33.00 in a research report on Monday, February 11th. Zacks Investment Research downgraded Vocera Communications from a “buy” rating to a “hold” rating in a research report on Saturday, February 9th. Finally, Citigroup downgraded Vocera Communications from a “buy” rating to a “neutral” rating in a research report on Friday, February 8th.

In related news, EVP Paul T. Johnson sold 22,553 shares of the stock in a transaction that occurred on Tuesday, January 15th. The stock was sold at an average price of $38.23, for a total value of $862,201.19. Following the completion of the sale, the executive vice president now owns 131,280 shares of the company’s stock, valued at $5,018,834.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Sharon O’keefe sold 4,000 shares of the stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $31.32, for a total value of $125,280.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 110,110 shares of company stock valued at $3,803,166. Insiders own 4.90% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the business. Deutsche Bank AG increased its stake in Vocera Communications by 46.8% during the fourth quarter. Deutsche Bank AG now owns 199,136 shares of the communications equipment provider’s stock worth $7,833,000 after acquiring an additional 63,528 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Vocera Communications by 10.0% during the fourth quarter. Geode Capital Management LLC now owns 322,983 shares of the communications equipment provider’s stock worth $12,709,000 after buying an additional 29,261 shares during the period. Norges Bank purchased a new position in shares of Vocera Communications during the fourth quarter worth $13,129,000. Dimensional Fund Advisors LP boosted its position in shares of Vocera Communications by 162.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 76,388 shares of the communications equipment provider’s stock worth $3,006,000 after buying an additional 47,279 shares during the period. Finally, Legal & General Group Plc boosted its position 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 worth $211,000 after buying an additional 616 shares during the period.

Shares of VCRA opened at $30.98 on Thursday. Vocera Communications has a 52 week low of $22.96 and a 52 week high of $42.60. The company has a current ratio of 4.49, a quick ratio of 4.42 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $961.42 million, a PE ratio of -182.24 and a beta of 0.25.

Vocera Communications (NYSE:VCRA) last issued its earnings results on Thursday, February 7th. The communications equipment provider reported $0.18 EPS for the quarter, hitting analysts’ consensus estimates of $0.18. Vocera Communications had a negative return on equity of 3.26% and a negative net margin of 5.39%. The firm had revenue of $48.88 million for the quarter, compared to the consensus estimate of $49.82 million. During the same quarter in the prior year, the business earned $0.22 earnings per share. The company’s revenue was up 10.8% compared to the same quarter last year. On average, research analysts predict that Vocera Communications will post -0.29 EPS for the current fiscal year.

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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Analyst Recommendations for Vocera Communications (NYSE:VCRA)

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