Equities research analysts expect Vocera Communications Inc (NYSE:VCRA) to report sales of $43.25 million for the current quarter, according to Zacks. Seven analysts have provided estimates for Vocera Communications’ earnings, with the lowest sales estimate coming in at $42.50 million and the highest estimate coming in at $44.10 million. Vocera Communications reported sales of $42.69 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 1.3%. The company is scheduled to issue its next quarterly earnings report on Thursday, July 25th.

On average, analysts expect that Vocera Communications will report full year sales of $191.45 million for the current year, with estimates ranging from $187.50 million to $195.00 million. For the next fiscal year, analysts forecast that the business will post sales of $217.84 million, with estimates ranging from $200.90 million to $226.68 million. Zacks’ sales calculations are a mean average based on a survey of research analysts that cover Vocera Communications.

Vocera Communications (NYSE:VCRA) last released its quarterly earnings data on Thursday, April 25th. The communications equipment provider reported ($0.17) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.39) by $0.22. The business had revenue of $35.30 million during the quarter, compared to analysts’ expectations of $34.03 million. Vocera Communications had a negative net margin of 9.52% and a negative return on equity of 7.87%. The firm’s quarterly revenue was down 12.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.04 EPS.

A number of equities research analysts have weighed in on the stock. Cantor Fitzgerald reissued a “buy” rating and set a $37.00 target price on shares of Vocera Communications in a report on Thursday, April 25th. Guggenheim assumed coverage on shares of Vocera Communications in a report on Wednesday, April 17th. They set a “buy” rating and a $35.00 target price on the stock. Dougherty & Co raised shares of Vocera Communications from a “neutral” rating to a “buy” rating and set a $39.00 target price on the stock in a report on Thursday, February 28th. Zacks Investment Research lowered shares of Vocera Communications from a “buy” rating to a “hold” rating in a report on Saturday, February 9th. Finally, Citigroup lowered shares of Vocera Communications from a “buy” rating to a “neutral” rating in a report on Friday, February 8th. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $39.30.

In other news, insider Mary Bridget Duffy sold 31,545 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $32.21, for a total value of $1,016,064.45. Following the sale, the insider now directly owns 90,873 shares of the company’s stock, valued at approximately $2,927,019.33. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, General Counsel Douglas Alan Carlen sold 1,000 shares of the company’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $34.22, for a total transaction of $34,220.00. The disclosure for this sale can be found here. Insiders have sold a total of 98,377 shares of company stock worth $3,289,895 over the last three months. Insiders own 3.20% of the company’s stock.

Several large investors have recently bought and sold shares of VCRA. Bank of New York Mellon Corp boosted its stake in shares of Vocera Communications by 17.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 196,821 shares of the communications equipment provider’s stock valued at $7,200,000 after purchasing an additional 29,688 shares during the last quarter. Dimensional Fund Advisors LP bought a new stake in shares of Vocera Communications in the 3rd quarter valued at $1,065,000. Teachers Advisors LLC boosted its stake in shares of Vocera Communications by 1.9% in the 3rd quarter. Teachers Advisors LLC now owns 80,530 shares of the communications equipment provider’s stock valued at $2,946,000 after purchasing an additional 1,485 shares during the last quarter. Morgan Stanley boosted its stake in shares of Vocera Communications by 77.3% in the 3rd quarter. Morgan Stanley now owns 304,300 shares of the communications equipment provider’s stock valued at $11,132,000 after purchasing an additional 132,686 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Vocera Communications by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 1,382,125 shares of the communications equipment provider’s stock valued at $50,558,000 after purchasing an additional 21,962 shares during the last quarter.

VCRA stock opened at $33.26 on Friday. The company has a market cap of $1.06 billion, a P/E ratio of -195.65 and a beta of 0.24. Vocera Communications has a 1 year low of $25.61 and a 1 year high of $42.60. The company has a quick ratio of 4.46, a current ratio of 4.57 and a debt-to-equity ratio of 0.71.

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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