Robert W. Baird started coverage on shares of Vocera Communications (NYSE:VCRA) in a report released on Wednesday morning. The brokerage issued an outperform rating and a $35.00 target price on the communications equipment provider’s stock.

Other equities research analysts have also issued research reports about the stock. BidaskClub raised shares of Vocera Communications from a sell rating to a hold rating in a research note on Wednesday, October 25th. Zacks Investment Research lowered shares of Vocera Communications from a buy rating to a hold rating in a research note on Thursday, November 2nd. Cantor Fitzgerald reissued a buy rating and set a $30.00 target price on shares of Vocera Communications in a research note on Tuesday, September 26th. Oppenheimer lifted their target price on shares of Vocera Communications from $32.00 to $36.00 and gave the company an outperform rating in a research note on Friday, October 27th. Finally, Leerink Swann reissued an outperform rating and set a $34.00 target price (up previously from $31.00) on shares of Vocera Communications in a research note on Tuesday, September 12th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of Buy and an average target price of $33.38.

Vocera Communications (VCRA) traded up $0.26 during trading on Wednesday, reaching $29.11. 94,300 shares of the company were exchanged, compared to its average volume of 197,736. Vocera Communications has a 1 year low of $17.31 and a 1 year high of $32.23.

Vocera Communications (NYSE:VCRA) last posted its quarterly earnings data on Thursday, October 26th. The communications equipment provider reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Vocera Communications had a negative net margin of 17.42% and a negative return on equity of 15.55%. The firm had revenue of $42.30 million during the quarter, compared to analyst estimates of $41.44 million. During the same quarter last year, the business posted $0.08 EPS. The company’s revenue was up 25.3% on a year-over-year basis. analysts forecast that Vocera Communications will post -0.41 earnings per share for the current fiscal year.

In other news, Director Sharon O’keefe sold 2,000 shares of the firm’s stock in a transaction on Thursday, October 5th. The shares were sold at an average price of $31.17, for a total transaction of $62,340.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Brent D. Lang sold 5,000 shares of the firm’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $31.61, for a total transaction of $158,050.00. The disclosure for this sale can be found here. Insiders have sold a total of 19,000 shares of company stock valued at $546,960 in the last three months. Company insiders own 6.30% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the company. First Mercantile Trust Co. bought a new position in shares of Vocera Communications during the 2nd quarter valued at $132,000. US Bancorp DE raised its holdings in shares of Vocera Communications by 41.9% during the 2nd quarter. US Bancorp DE now owns 5,208 shares of the communications equipment provider’s stock valued at $138,000 after purchasing an additional 1,538 shares in the last quarter. Legal & General Group Plc raised its holdings in shares of Vocera Communications by 11.2% during the 2nd quarter. Legal & General Group Plc now owns 6,662 shares of the communications equipment provider’s stock valued at $177,000 after purchasing an additional 671 shares in the last quarter. Sei Investments Co. raised its holdings in shares of Vocera Communications by 36.1% during the 2nd quarter. Sei Investments Co. now owns 7,853 shares of the communications equipment provider’s stock valued at $207,000 after purchasing an additional 2,082 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new position in shares of Vocera Communications during the 2nd quarter valued at $215,000.

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Vocera Communications Company Profile

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.

Analyst Recommendations for Vocera Communications (NYSE:VCRA)

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