Bearish Stocks At NYSE: Trex Company (NYSE:TREX), RBA, New Oriental Education & Tech Grp (ADR)(NYSE:EDU), Vocera Communications (NYSE:VCRA)

Trex Company, Inc. (NYSE:TREX), the world’s largest manufacturer of wood-alternative decking and railing products, announced financial results for the first quarter ended March 31, 2014. Net sales for the first quarter of 2014 totaled $100.6 million compared to net sales of $107.9 million for the 2013 first quarter. The Company reported net income of $12.3 million, or $0.73 per diluted share, for the 2014 period compared to net income of $21.6 million, or $1.25 per diluted share, for the prior-year period. The Company’s results for the 2014 quarter reflect a $7.1 million increase in income taxes due to returning to a more normal tax rate after exiting its tax valuation allowance at year-end 2013. The increase in taxes represents almost 80% of the year-over-year change in net income. Trex Company, Inc.(NYSE:TREX) shares after opening at $72.00 moved to $76.00 on last trade day and at the end of the day closed at $71.61. Company price to sales ratio in past twelve months was calculated as 3.50 and price to cash ratio as 315.65. Trex Company, Inc. (NYSE:TREX) showed a negative weekly performance of -8.05%.

Ritchie Bros. Auctioneers (NYSE:RBA) released its earnings data on Monday. The company reported $0.13 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.13, American Banking & Market News reports. The company had revenue of $98.60 million for the quarter, compared to the consensus estimate of $101.56 million. Ritchie Bros. Auctioneers (USA)(NYSE:RBA) shares fell -7.18% in last trading session and ended the day on $23.28. RBA return on equity ratio is recorded as 14.10% and its return on assets is 7.60%. Ritchie Bros. Auctioneers (USA)(NYSE:RBA) yearly performance is 21.38%.

New Oriental Education & Tech Grp (ADR) (NYSE:EDU) was downgraded by stock analysts at Deutsche Bank from a “buy” rating to a “hold” rating in a report issued on Monday, Analyst Ratings Network reports. They currently have a $27.00 price target on the stock. Deutsche Bank’s target price would indicate a potential upside of 5.88% from the company’s current price. New Oriental Education & Tech Grp (ADR)(NYSE:EDU) shares moved down -5.96% in last trading session and was closed at $23.28, while trading in range of $23.65 – 24.72. New Oriental Education & Tech Grp (ADR)(NYSE:EDU) year to date (YTD) performance is -23.87%.

Vocera Communications, Inc. (NYSE: VCRA) reported revenue of $24.7 million, a GAAP net loss per share of ($0.26) and a non-GAAP net loss per share of ($0.14) for its first quarter of 2014. The company also reiterated its full-year 2014 guidance. “It was a pivotal quarter for Vocera as we strengthened our position for future growth,” said Brent Lang, Vocera’s president and CEO. “We launched two new products into the market, added technology assets to enable new alarm management solutions later this year, strengthened sales and marketing processes, launched a broadened brand, and opened an additional development center in India. Despite continuing budget challenges in the hospital industry that resulted in bookings below our expectations, revenue increased 10% over the first quarter last year.”Vocera Communications Inc (NYSE:VCRA) weekly performance is -18.32%. On last trading day company shares ended up$11.86. Vocera Communications Inc (NYSE:VCRA) distance from 50-day simple moving average (SMA50) is -25.45%. Analysts mean target price for the company is $19.44.