NYSE:VCRA

Stock Analysis Report

Executive Summary

Vocera Communications, Inc. provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, retail, energy, education, and other mission-critical mobile work environments in the United States and internationally.


Snowflake Analysis

Adequate balance sheet with limited growth.


Similar Companies

Share Price & News

How has Vocera Communications's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VCRA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.2%

VCRA

-3.4%

US Healthcare Services

-2.6%

US Market


1 Year Return

-33.1%

VCRA

11.9%

US Healthcare Services

-13.3%

US Market

Return vs Industry: VCRA underperformed the US Healthcare Services industry which returned 14% over the past year.

Return vs Market: VCRA underperformed the US Market which returned -15.9% over the past year.


Shareholder returns

VCRAIndustryMarket
7 Day-3.2%-3.4%-2.6%
30 Day-17.9%-6.7%-15.2%
90 Day-4.1%-3.0%-22.2%
1 Year-33.1%-33.1%12.2%11.9%-11.5%-13.3%
3 Year-14.3%-14.3%62.0%61.1%13.2%5.7%
5 Year106.9%106.9%38.2%36.8%31.8%17.2%

Price Volatility Vs. Market

How volatile is Vocera Communications's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Vocera Communications undervalued compared to its fair value and its price relative to the market?

3.97x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: VCRA ($20) is trading above our estimate of fair value ($12.76)

Significantly Below Fair Value: VCRA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: VCRA is unprofitable, so we can't compare its PE Ratio to the Healthcare Services industry average.

PE vs Market: VCRA is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VCRA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VCRA is overvalued based on its PB Ratio (3.9x) compared to the US Healthcare Services industry average (3.3x).


Next Steps

Future Growth

How is Vocera Communications forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

5.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VCRA is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: VCRA is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: VCRA is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: VCRA's revenue (7.8% per year) is forecast to grow faster than the US market (7% per year).

High Growth Revenue: VCRA's revenue (7.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VCRA's Return on Equity is forecast to be high in 3 years time (23%)


Next Steps

Past Performance

How has Vocera Communications performed over the past 5 years?

12.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VCRA is currently unprofitable.

Growing Profit Margin: VCRA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VCRA is unprofitable, but has reduced losses over the past 5 years at a rate of 12.1% per year.

Accelerating Growth: Unable to compare VCRA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VCRA is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare Services industry (23.3%).


Return on Equity

High ROE: VCRA has a negative Return on Equity (-10.98%), as it is currently unprofitable.


Next Steps

Financial Health

How is Vocera Communications's financial position?


Financial Position Analysis

Short Term Liabilities: VCRA's short term assets ($288.5M) exceed its short term liabilities ($70.8M).

Long Term Liabilities: VCRA's short term assets ($288.5M) exceed its long term liabilities ($135.8M).


Debt to Equity History and Analysis

Debt Level: VCRA's debt to equity ratio (71.5%) is considered high.

Reducing Debt: VCRA's debt to equity ratio has increased from 0% to 71.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable VCRA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: VCRA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 53.6% per year.


Next Steps

Dividend

What is Vocera Communications's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate VCRA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate VCRA's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VCRA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VCRA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of VCRA's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.1yrs

Average management tenure


CEO

Brent Lang (51yo)

6.83s

Tenure

US$4,012,062

Compensation

Mr. Brent D. Lang has been Chief Executive Officer and Director at Vocera Communications Inc. since June 2013 and served as its President since October 2007 until 2020. Mr. Lang serves as the Chairman of t ...


CEO Compensation Analysis

Compensation vs Market: Brent's total compensation ($USD4.01M) is about average for companies of similar size in the US market ($USD3.29M).

Compensation vs Earnings: Brent's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Brent Lang
Chairman of the Board & CEO6.83yrsUS$4.01m0.76% $5.0m
Justin Spencer
Executive VP & CFO5.67yrsUS$1.58m0.27% $1.8m
Douglas Carlen
VP of Legal3.75yrsUS$1.16m0.070% $458.1k
Paul Johnson
Executive Vice President of Sales & Services6.5yrsUS$1.57m0.14% $884.6k
Mary Duffy
Chief Medical Officer7.25yrsUS$1.27m0.000010% $65.5
Randell Nielsen
Co-Founder & Principal Engineer20.25yrsno datano data
James Blastos
Vice President of Operationsno datano datano data
Sue Dooley
Director of Investor Relationsno datano datano data
Rob Born
Vice President of Business & Corporate Development3.83yrsno datano data
Kathy English
Chief Marketing Officer4.17yrsno datano data

6.1yrs

Average Tenure

51yo

Average Age

Experienced Management: VCRA's management team is seasoned and experienced (6.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Brent Lang
Chairman of the Board & CEO6.83yrsUS$4.01m0.76% $5.0m
Ronald Paulus
Independent Director1.75yrsUS$132.45k0.012% $77.8k
Howard Janzen
Lead Independent Directorno dataUS$203.26k0.14% $914.7k
Julie Iskow
Independent Director0.92yrno datano data
Michael Burkland
Independent Director3.83yrsUS$189.51k0.090% $587.8k
John McMullen
Independent Director8.83yrsUS$200.01k0.066% $431.8k
Sharon O'Keefe
Independent Director8.08yrsUS$185.51k0.12% $777.5k
Alexa King
Independent Director3.75yrsUS$194.76k0.048% $312.3k
Bharat Sundaram
Independent Director0.92yrno datano data

2.8yrs

Average Tenure

56yo

Average Age

Experienced Board: VCRA's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.1%.


Top Shareholders

Company Information

Vocera Communications, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vocera Communications, Inc.
  • Ticker: VCRA
  • Exchange: NYSE
  • Founded: 2000
  • Industry: Health Care Technology
  • Sector: Healthcare
  • Market Cap: US$654.600m
  • Shares outstanding: 31.76m
  • Website: https://www.vocera.com

Number of Employees


Location

  • Vocera Communications, Inc.
  • 525 Race Street
  • San Jose
  • California
  • 95126
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VCRANYSE (New York Stock Exchange)YesCommon StockUSUSDMar 2012
V00DB (Deutsche Boerse AG)YesCommon StockDEEURMar 2012
V00BRSE (Berne Stock Exchange)YesCommon StockCHCHFMar 2012

Biography

Vocera Communications, Inc. provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, retail, energy, education, and other mission-critical mobile work environments in the United States and internationally. The company’s communication solution integrates 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. It also offers Vocera Communication and Workflow System, a software platform, which connects communication devices, such as hands-free, wearable, and voice-controlled Smartbadge and badges, as well as third-party mobile devices; and Vocera Care Experience, a software to improve care quality and safety, patient experience and satisfaction, and simplify and automate manual tasks and procedures. In addition, the company offers Experience Innovation Network, a membership program, which partners with healthcare provider organizations for the development of innovations and solutions that enhance care team and patient experience, as well as clinical and operational performance. Further, it provides professional, software maintenance, and technical support services; and classroom training, distance learning, or customized courseware for systems administrators, IT and industry-specific professionals, and end-user educators. As of December 31, 2019, the company provided its solutions to approximately 1,700 healthcare facilities, including large hospital systems, small and medium-sized local hospitals, and various clinics, surgery centers, and aged-care facilities. It sells its products through direct sales force, resellers, and distributors. The company was founded in 2000 and is headquartered in San Jose, California. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 10:15
End of Day Share Price2020/04/06 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.