Vocera Communications Inc (NYSE:VCRA) has been given a consensus rating of “Buy” by the eleven ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $37.10.

VCRA has been the topic of several recent analyst reports. Wells Fargo & Co boosted their target price on Vocera Communications from $28.00 to $35.00 and gave the stock an “outperform” rating in a research report on Friday, July 27th. Zacks Investment Research upgraded Vocera Communications from a “sell” rating to a “hold” rating in a research report on Wednesday, August 1st. Citigroup boosted their target price on Vocera Communications from $35.00 to $37.00 and gave the stock a “buy” rating in a research report on Monday, July 30th. ValuEngine upgraded Vocera Communications from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 27th. Finally, Chardan Capital boosted their target price on Vocera Communications from $35.00 to $47.00 and gave the stock a “buy” rating in a research report on Friday, July 27th.

In other news, Chairman Brent D. Lang sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, September 7th. The stock was sold at an average price of $33.88, for a total transaction of $338,800.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Howard E. Janzen sold 1,500 shares of the business’s stock in a transaction that occurred on Friday, September 7th. The stock was sold at an average price of $33.89, for a total value of $50,835.00. Following the sale, the director now directly owns 63,931 shares in the company, valued at approximately $2,166,621.59. The disclosure for this sale can be found here. Insiders have sold a total of 76,429 shares of company stock worth $2,645,996 in the last three months. Corporate insiders own 4.90% of the company’s stock.

Large investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its stake in Vocera Communications by 12.7% in the 1st quarter. Royal Bank of Canada now owns 65,939 shares of the communications equipment provider’s stock valued at $1,544,000 after buying an additional 7,415 shares in the last quarter. Bank of Montreal Can lifted its stake in Vocera Communications by 10.9% in the 2nd quarter. Bank of Montreal Can now owns 49,157 shares of the communications equipment provider’s stock valued at $1,469,000 after buying an additional 4,830 shares in the last quarter. Fred Alger Management Inc. lifted its stake in Vocera Communications by 11.8% in the 2nd quarter. Fred Alger Management Inc. now owns 1,331,169 shares of the communications equipment provider’s stock valued at $39,789,000 after buying an additional 140,026 shares in the last quarter. Conestoga Capital Advisors LLC lifted its stake in Vocera Communications by 6.5% in the 2nd quarter. Conestoga Capital Advisors LLC now owns 1,559,970 shares of the communications equipment provider’s stock valued at $46,628,000 after buying an additional 95,215 shares in the last quarter. Finally, Pembroke Management LTD lifted its stake in Vocera Communications by 2.7% in the 2nd quarter. Pembroke Management LTD now owns 358,000 shares of the communications equipment provider’s stock valued at $10,701,000 after buying an additional 9,300 shares in the last quarter.

NYSE VCRA traded down $0.75 on Monday, hitting $37.08. 533,600 shares of the company’s stock were exchanged, compared to its average volume of 259,199. The company has a current ratio of 4.52, a quick ratio of 4.46 and a debt-to-equity ratio of 0.69. Vocera Communications has a fifty-two week low of $22.43 and a fifty-two week high of $38.00. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of -125.33 and a beta of 0.16.

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 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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Analyst Recommendations for Vocera Communications (NYSE:VCRA)

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