Somewhat Favorable News Coverage Somewhat Unlikely to Impact Vocera Communications (VCRA) Stock Price
Media stories about Vocera Communications (NYSE:VCRA) have trended somewhat positive on Thursday, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Vocera Communications earned a news impact score of 0.05 on Accern’s scale. Accern also gave news coverage about the communications equipment provider an impact score of 46.3137338315469 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Several analysts recently issued reports on VCRA shares. Zacks Investment Research lowered shares of Vocera Communications from a “hold” rating to a “sell” rating in a report on Wednesday, June 28th. ValuEngine upgraded shares of Vocera Communications from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Leerink Swann boosted their price target on shares of Vocera Communications from $24.00 to $31.00 and gave the stock an “outperform” rating in a research note on Friday, July 28th. Finally, Cantor Fitzgerald reiterated a “buy” rating and set a $30.00 price target on shares of Vocera Communications in a research note on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $28.67.
Shares of Vocera Communications (VCRA) opened at 27.75 on Thursday. Vocera Communications has a 1-year low of $15.85 and a 1-year high of $28.60. The stock’s market capitalization is $807.64 million. The company’s 50 day moving average is $26.74 and its 200-day moving average is $24.91.
Vocera Communications (NYSE:VCRA) last released its quarterly earnings results on Thursday, July 27th. The communications equipment provider reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by $0.02. The company had revenue of $38.45 million for the quarter, compared to the consensus estimate of $37.53 million. Vocera Communications had a negative return on equity of 14.71% and a negative net margin of 17.28%. The business’s revenue was up 23.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.02 EPS. Equities analysts anticipate that Vocera Communications will post $0.16 earnings per share for the current fiscal year.
In related news, Director Robert Zollars sold 62,000 shares of the stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $26.69, for a total transaction of $1,654,780.00. Following the completion of the sale, the director now owns 42,748 shares in the company, valued at approximately $1,140,944.12. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Brent D. Lang sold 5,000 shares of the stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $25.90, for a total value of $129,500.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 296,527 shares of company stock valued at $7,749,115. 6.30% of the stock is owned by corporate insiders.
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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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