Vocera Communications (NYSE:VCRA) was downgraded by Dougherty & Co from a “buy” rating to a “neutral” rating in a research report issued on Monday, The Fly reports. The analysts noted that the move was a valuation call.

A number of other research analysts have also recently commented on VCRA. Zacks Investment Research raised shares of Vocera Communications from a “hold” rating to a “buy” rating and set a $35.00 target price for the company in a report on Tuesday, October 16th. Robert W. Baird reissued a “buy” rating and issued a $40.00 target price on shares of Vocera Communications in a report on Friday, November 30th. Cantor Fitzgerald reissued an “overweight” rating and issued a $45.00 target price on shares of Vocera Communications in a report on Friday, January 11th. Piper Jaffray Companies reissued an “overweight” rating and issued a $41.00 target price on shares of Vocera Communications in a report on Friday, October 26th. Finally, Citigroup reissued a “buy” rating and issued a $46.00 target price (up previously from $37.00) on shares of Vocera Communications in a report on Tuesday, December 18th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $40.78.

VCRA stock opened at $38.88 on Monday. The stock has a market capitalization of $1.22 billion, a PE ratio of -129.60 and a beta of 0.24. The company has a debt-to-equity ratio of 0.69, a current ratio of 4.52 and a quick ratio of 4.46. Vocera Communications has a 12 month low of $22.43 and a 12 month high of $42.42.

Vocera Communications (NYSE:VCRA) last posted its earnings results on Thursday, October 25th. The communications equipment provider reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.10. The firm had revenue of $47.82 million during the quarter, compared to analysts’ expectations of $46.40 million. Vocera Communications had a negative net margin of 3.36% and a negative return on equity of 0.71%. As a group, analysts anticipate that Vocera Communications will post -0.16 EPS for the current year.

In other news, Chairman Brent D. Lang sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $35.30, for a total value of $353,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Douglas Alan Carlen sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, November 15th. The shares were sold at an average price of $35.16, for a total value of $70,320.00. Following the completion of the transaction, the general counsel now directly owns 76,517 shares of the company’s stock, valued at approximately $2,690,337.72. The disclosure for this sale can be found here. Insiders sold 100,429 shares of company stock valued at $3,770,776 in the last ninety days. 4.90% of the stock is currently owned by insiders.

Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc increased its stake in shares of Vocera Communications by 1.6% in the third quarter. Vanguard Group Inc now owns 1,382,125 shares of the communications equipment provider’s stock valued at $50,558,000 after buying an additional 21,962 shares during the period. Marshall Wace LLP acquired a new position in shares of Vocera Communications in the third quarter valued at approximately $8,040,000. Clearbridge Investments LLC increased its stake in shares of Vocera Communications by 1.4% in the third quarter. Clearbridge Investments LLC now owns 1,370,304 shares of the communications equipment provider’s stock valued at $50,126,000 after buying an additional 18,495 shares during the period. Vanguard Group Inc. increased its stake in shares of Vocera Communications by 1.6% in the third quarter. Vanguard Group Inc. now owns 1,382,125 shares of the communications equipment provider’s stock valued at $50,558,000 after buying an additional 21,962 shares during the period. Finally, Morgan Stanley increased its stake in shares of Vocera Communications by 77.3% in the third quarter. Morgan Stanley now owns 304,300 shares of the communications equipment provider’s stock valued at $11,132,000 after buying an additional 132,686 shares during the period.

Vocera Communications Company Profile

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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