Vocera Communications Inc (VCRA) is Initiated by Raymond James to Outperform, Price Target at $16.50

Vocera Communications Inc (VCRA) was Initiated by Raymond James to “Outperform” and the brokerage firm has set the Price Target at $16.50. Raymond James advised their investors in a research report released on Jul 14, 2016.

On the company’s financial health, Vocera Communications Inc reported $-0.03 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $-0.05. The company had revenue of $26.80 million for the quarter, compared to analysts expectations of $25.89 million. The company’s revenue was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.07 EPS.

Vocera Communications Inc closed down -0.06 points or -0.43% at $13.8 with 1,41,694 shares getting traded on Wednesday. Post opening the session at $13.95, the shares hit an intraday low of $13.61 and an intraday high of $13.95 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Jul 7, 2016, Brent D. Lang (President & CEO) sold 2,000 shares at $13.02 per share price. According to the SEC, on Jul 5, 2016, Jay Spitzen (Counsel, Secretary) sold 500 shares at $12.89 per share price. On May 3, 2016, Paul T Johnson (EVP OF SALES & SERVICES) sold 4,000 shares at $11.76 per share price, according to the Form-4 filing with the securities and exchange commission.

Vocera Communications Inc. is a provider of communication solutions for mobile workers in healthcare hospitality energy education and other industries. The Company’s solutions include the Vocera Communication System Vocera Care Experience Suite and its Experience Innovation Network. Its two operating segments include Product and Service. The Vocera Communication system comprises a software platform that connects communication devices. Vocera Care Experience is a hosted software suite which offers caregivers communication solutions. The experience innovation network is a membership program that partners with healthcare provider organizations. The Company’s services include experience innovation network professional services technical support and Vocera University.

Vocera Communications Inc

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