Vocera Communications (VCRA) Updates FY17 Earnings Guidance

Vocera Communications (NYSE:VCRA) issued an update on its FY17 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.28-0.48 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.17. The company issued revenue guidance of $175-183 million, compared to the consensus revenue estimate of $160.71 million.Vocera Communications also updated its Q1 guidance to ($0.11)-(0.03) EPS.

Vocera Communications (NYSE VCRA) traded down $1.16 during mid-day trading on Thursday, reaching $26.92. 264,954 shares of the company’s stock were exchanged, compared to its average volume of 248,087. Vocera Communications has a fifty-two week low of $19.48 and a fifty-two week high of $32.23. The company has a market capitalization of $813.98, a PE ratio of -29.25 and a beta of -0.49.

A number of research analysts have recently commented on VCRA shares. BidaskClub cut shares of Vocera Communications from a hold rating to a sell rating in a report on Wednesday, October 18th. Robert W. Baird started coverage on shares of Vocera Communications in a report on Wednesday, December 20th. They issued an outperform rating and a $35.00 price target on the stock. Zacks Investment Research upgraded shares of Vocera Communications from a hold rating to a buy rating and set a $33.00 price target on the stock in a report on Thursday, December 28th. Cantor Fitzgerald restated a buy rating and issued a $35.00 price target on shares of Vocera Communications in a report on Thursday, October 26th. Finally, Citigroup started coverage on shares of Vocera Communications in a report on Thursday, January 4th. They issued a buy rating on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of $33.56.

In related news, EVP Paul T. Johnson sold 18,553 shares of the company’s stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $30.00, for a total value of $556,590.00. Following the completion of the sale, the executive vice president now directly owns 151,989 shares of the company’s stock, valued at $4,559,670. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Jeff Hillebrand sold 5,300 shares of the company’s stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $29.11, for a total transaction of $154,283.00. Following the completion of the sale, the director now directly owns 76,198 shares of the company’s stock, valued at $2,218,123.78. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 70,922 shares of company stock worth $1,996,487. Company insiders own 6.30% of the company’s stock.

WARNING: “Vocera Communications (VCRA) Updates FY17 Earnings Guidance” was first reported by Community Financial News and is the sole property of of Community Financial News. If you are viewing this news story on another site, it was illegally copied and reposted in violation of United States & international copyright legislation. The correct version of this news story can be viewed at https://www.com-unik.info/2018/02/08/vocera-communications-vcra-updates-fy17-earnings-guidance.html.

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.

Receive News & Ratings for Vocera Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vocera Communications and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit