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.
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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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