Stock To Watch : Vocera Communications Inc (NYSE:VCRA)

[The Fly] Vocera Communications Inc (NYSE:VCRA) (TREND ANALYSIS) announced the Vocera app for Apple’s (AAPL) Apple Watch. The Apple Watch enables Vocera to extend the power of the Vocera Communication Platform in new ways so physicians and care teams can engage with and respond to life-critical communications and alerts. The Vocera app for Apple Watch will allow users to rapidly manage life-critical communications by viewing and responding to prioritized calls, alerts, and messages from other care team members, Electronic Health Records and clinical systems, including critical lab values and STAT orders. In addition, users will be able to manage key communication functions by setting their availability to enable proper message routing. The Vocera app also allows users to initiate panic calls in “man-down” emergency situations, improving staff safety. The Vocera app will be available this summer from the Apple Watch App Store.

Stock Performance: Click here for a free comprehensive Trend Analysis Report

The company is expected to announce next quarter earnings on April 23, at consensus estimate of $-0.25. Vocera Communications Inc (VCRA) reported last quarter earnings on February 12. The Voice Recognition company announced earnings per share of $-0.21 against a consensus Street estimate of $-0.28, beating the average estimate by $0.07. This corresponds to a decrease of $0.22 compared to the same quarter of the previous fiscal year.

Vocera Communications Inc (NYSE:VCRA) is currently trading 38.85% below its 52-week-high, 27.7% above its 52-week-low. The 12-months range for the stock is $7.58 – $15.83. Vocera Communications Inc (VCRA) has a price to book ratio of 2.26 versus S&P 500 average of 2.49. VCRA stock price has underperformed the S&P 500 by 9.2%. The Voice Recognition company is currently valued at $0.25 billion and its share price closed the last trading session at $9.68. The stock has a 50-day moving average of $10.14 and a 200-day moving average of $9.63.

Vocera Communications Inc (VCRA) current short interest stands at 1.01 million shares. It has decreased by 6% from the same period of last month. Around 5% of the company’s shares, which are float, are short sold. With a 10-days average volume of 0.08 million shares, the number of days required to cover the short positions stand at 12.5 days.

Is this a Buying Opportunity? Click here for a free Trend Analysis Report

There are currently eight analysts that cover VCRA stock. Of those eight, five have a Buy rating, three have a Hold rating. On a consensus basis this yields to an Overweight rating. The consensus target price stands at $11.33.

A previous analyst activity consisted of FBR Capital upgrading their Mkt Perform rating to Outperform on October 8. FBR Capital fixed their price target at $10. This corresponds to a 3.31% upside from the last closing price. On the date of report, the stock closed at $8.43.

Topeka Capital Markets reiterated their Buy stance on October 6, and decreased their price target from $14 to $11. This corresponds to a 13.64% upside from the last closing price. On the date of report, the stock closed at $7.71.

Company profile

Vocera Communications Inc. provides instant voice communication solutions. The Company offers software application, hands-free wearable voice controlled communication badges, smartphones, and other wireless devices to the medical facilities worldwide.

Stock To Watch : Vocera Communications Inc (NYSE:VCRA) was last modified: April 13th, 2015 by Pat Mayfield