21.5 C
Munich
Monday, September 21, 2020

Is Now the Time to Invest in Vocera Communications Inc. (NYSE:VCRA)?

Must read

The Forecast Just Changed on General Mills Inc. (NYSE:GIS)

General Mills Inc. (GIS) shares are trading at lower $57.32 and the avg recommendation for the stock is Moderate Buy. while the current analyst...

Kadmon Holdings Inc. (NYSE:KDMN) is Holding Steady

Kadmon Holdings Inc. (KDMN) shares are trading at lower $4.50 and the avg recommendation for the stock is Strong Buy. To add more color...

Community Health Systems Inc. (NYSE:CYH) is Waving the Bull Flag

Community Health Systems Inc. (CYH) shares are trading at higher $4.48 and the avg recommendation for the stock is Hold. while the current analyst...

NextDecade Corporation (NASDAQ:NEXT) Recent Earnings Shows Major Promise

NextDecade Corporation (NEXT) shares are trading at higher $4.90 and the avg recommendation for the stock is Hold. while the current analyst price target...

The Vocera Communications Inc. (VCRA) shares are trading at higher $31.40 and the avg recommendation for the stock is Moderate Buy. while the current analyst price target stands at $22.73.

To add more color to this target, the company’s high over the last year is $28.02 and the low is $15.89. Over the last 52 weeks, VCRA is up 12.06% while the S&P 500 is down -0.63%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, VCRA reported a profit of $23.79 million. Vocera Communications Inc. also saw revenues increase to $40.67 million. In addition, VCRA has free cash flow of $4.96 million as of 03-2020. The company’s EBITDA came in at -$5.53 million which compares well with its peers.

VCRA booked profit margins of -9.00%, its Return on Equity (ROE) is -10.60%, and its Return on Assets is -4.70%. All told, it is clear that, VCRA needs to be on your watchlist.

Find out when VCRA reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.

Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. VCRA has a short ratio of 15.54 and outstanding shares of 31.74M.

Company Outlook

VCRA has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.35 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.53. Vocera Communications Inc. VCRA also noted assets of $358.46 million at the end of the last quarter. Investors should also keep an eye on sector updates as VCRA has historically followed its peers on positive news.

All told, Vocera Communications Inc. VCRA has strung together solid data and demonstrated underlying fundamentals. At its current valuation, VCRA represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Vocera Communications Inc. VCRA is now commanding a market cap of 1.03B and a float of 30.90M. VCRA is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of VCRA stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in VCRA, either long or short, and we have not been compensated for this article.

Latest article

Physicians Realty Trust (NYSE:DOC) is Holding Steady

Physicians Realty Trust (DOC) shares are trading at lower $17.49 and the avg recommendation for the stock is Moderate Buy. while the current analyst...

Investor Confidence is Falling for FireEye Inc. (NASDAQ:FEYE)

FireEye Inc. (FEYE) shares are trading at lower $12.60 and the avg recommendation for the stock is Moderate Buy. while the current analyst price...

Duke Realty Corporation (NYSE:DRE) is Gaining Momentum on Earnings Catalyst

Duke Realty Corporation (DRE) shares are trading at lower $36.54 and the avg recommendation for the stock is Moderate Buy. while the current analyst...

The Rejuvenation of Xcel Energy Inc. (NASDAQ:XEL)

Xcel Energy Inc. (XEL) shares are trading at lower $66.90 and the avg recommendation for the stock is Moderate Buy. while the current analyst...

Iridium Communications Inc. (NASDAQ:IRDM) Recent Earnings Shows Major Concern

Iridium Communications Inc. (IRDM) shares are trading at lower $27.31 and the avg recommendation for the stock is Strong Buy. while the current analyst...