Analysts Anticipate Vocera Communications Inc (NYSE:VCRA) to Announce $0.16 EPS

Wall Street analysts expect that Vocera Communications Inc (NYSE:VCRA) will announce earnings of $0.16 per share for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for Vocera Communications’ earnings. The highest EPS estimate is $0.20 and the lowest is $0.13. Vocera Communications posted earnings of $0.18 per share in the same quarter last year, which suggests a negative year over year growth rate of 11.1%. The business is scheduled to announce its next earnings report on Thursday, February 6th.

According to Zacks, analysts expect that Vocera Communications will report full-year earnings of $0.30 per share for the current fiscal year, with EPS estimates ranging from $0.27 to $0.34. For the next fiscal year, analysts anticipate that the firm will report earnings of $0.48 per share, with EPS estimates ranging from $0.38 to $0.64. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow Vocera Communications.

Vocera Communications (NYSE:VCRA) last released its quarterly earnings data on Thursday, October 24th. The communications equipment provider reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. The business had revenue of $50.78 million for the quarter, compared to analysts’ expectations of $50.72 million. Vocera Communications had a negative return on equity of 8.37% and a negative net margin of 9.68%. Vocera Communications’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.20 earnings per share.

Several equities research analysts have issued reports on VCRA shares. Piper Jaffray Companies lowered their price target on shares of Vocera Communications from $34.00 to $28.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. Robert W. Baird downgraded shares of Vocera Communications from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $35.00 to $20.00 in a report on Friday, October 25th. Jefferies Financial Group started coverage on shares of Vocera Communications in a research report on Friday, August 23rd. They set a “buy” rating and a $30.00 target price on the stock. ValuEngine raised shares of Vocera Communications from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd. Finally, Craig Hallum lowered shares of Vocera Communications from a “buy” rating to a “hold” rating and set a $21.00 price target for the company. in a research report on Friday, October 25th. Seven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Vocera Communications has an average rating of “Buy” and an average price target of $27.00.

Institutional investors have recently added to or reduced their stakes in the business. Quantamental Technologies LLC acquired a new stake in shares of Vocera Communications in the 2nd quarter valued at $123,000. Tower Research Capital LLC TRC grew its holdings in shares of Vocera Communications by 39.6% in the 3rd quarter. Tower Research Capital LLC TRC now owns 5,939 shares of the communications equipment provider’s stock worth $146,000 after purchasing an additional 1,684 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in shares of Vocera Communications in the 3rd quarter worth about $150,000. Cutler Group LP increased its position in shares of Vocera Communications by 568.6% during the 2nd quarter. Cutler Group LP now owns 6,471 shares of the communications equipment provider’s stock worth $206,000 after purchasing an additional 7,852 shares in the last quarter. Finally, CIBC Private Wealth Group LLC acquired a new stake in shares of Vocera Communications during the 2nd quarter worth about $320,000.

VCRA opened at $21.58 on Friday. Vocera Communications has a fifty-two week low of $17.90 and a fifty-two week high of $42.60. The company has a debt-to-equity ratio of 0.73, a current ratio of 4.38 and a quick ratio of 4.31. The firm’s fifty day moving average price is $21.39 and its two-hundred day moving average price is $25.72. The company has a market capitalization of $679.47 million, a P/E ratio of -126.94 and a beta of 0.30.

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 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.

Read More: What is included in the gross domestic product?

Get a free copy of the Zacks research report on Vocera Communications (VCRA)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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


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