Vocera Communications Inc (NYSE:VCRA) Expected to Post Earnings of $0.16 Per Share

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Analysts predict that Vocera Communications Inc (NYSE:VCRA) will post $0.16 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for Vocera Communications’ earnings. The lowest EPS estimate is $0.13 and the highest is $0.20. Vocera Communications reported earnings per share of $0.18 in the same quarter last year, which suggests a negative year-over-year growth rate of 11.1%. The business is expected to report its next quarterly earnings results 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 financial year, with EPS estimates ranging from $0.27 to $0.34. For the next fiscal year, analysts anticipate that the company will post earnings of $0.49 per share, with EPS estimates ranging from $0.38 to $0.64. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms 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 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.04. The business had revenue of $50.78 million for the quarter, compared to the consensus estimate of $50.72 million. Vocera Communications had a negative net margin of 9.68% and a negative return on equity of 8.37%. The company’s revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.20 earnings per share.

VCRA has been the topic of several recent research reports. Citigroup dropped their price objective on shares of Vocera Communications from $28.00 to $19.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Craig Hallum downgraded shares of Vocera Communications from a “buy” rating to a “hold” rating and set a $21.00 price objective on the stock. in a report on Friday, October 25th. Dougherty & Co reaffirmed a “buy” rating and set a $37.00 price objective (down from $38.00) on shares of Vocera Communications in a report on Friday, July 26th. Oppenheimer set a $36.00 price objective on shares of Vocera Communications and gave the company a “buy” rating in a report on Friday, July 26th. Finally, William Blair reaffirmed a “buy” rating on shares of Vocera Communications in a report on Friday, July 26th. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $27.45.

NYSE VCRA traded up $0.27 during trading on Friday, hitting $21.16. 7,610 shares of the company’s stock traded hands, compared to its average volume of 648,991. The stock has a market capitalization of $660.89 million, a price-to-earnings ratio of -124.94 and a beta of 0.25. Vocera Communications has a 12-month low of $17.90 and a 12-month high of $42.60. The company has a debt-to-equity ratio of 0.73, a quick ratio of 4.31 and a current ratio of 4.38. The business has a 50 day moving average of $22.94 and a 200-day moving average of $27.31.

Several institutional investors have recently made changes to their positions in the company. Tygh Capital Management Inc. purchased a new stake in shares of Vocera Communications in the third quarter worth about $3,870,000. Tower Research Capital LLC TRC increased its position in shares of Vocera Communications by 39.6% in the third 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. SG Americas Securities LLC bought a new position in shares of Vocera Communications in the third quarter worth approximately $900,000. Kornitzer Capital Management Inc. KS increased its position in shares of Vocera Communications by 61.8% in the third quarter. Kornitzer Capital Management Inc. KS now owns 299,300 shares of the communications equipment provider’s stock worth $7,378,000 after purchasing an additional 114,324 shares during the last quarter. Finally, Russell Investments Group Ltd. bought a new position in shares of Vocera Communications in the third quarter worth approximately $150,000.

About Vocera Communications

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.

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