What is Vecima Networks' stock price target for 2024?

0 brokers have issued 1-year target prices for Vecima Networks' stock. Their VCM share price targets range from C$27.00 to C$28.00. On average, they predict the company's share price to reach C$27.50 in the next twelve months. This suggests a possible upside of 22.3% from the stock's current price. View analysts price targets for VCM or view top-rated stocks among Wall Street analysts .

How have VCM shares performed in 2024?

Vecima Networks' stock was trading at C$16.35 at the beginning of 2024. Since then, VCM shares have increased by 37.6% and is now trading at C$22.49. View the best growth stocks for 2024 here .

When is Vecima Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our VCM earnings forecast .

How were Vecima Networks' earnings last quarter?

Vecima Networks Inc. (TSE:VCM) issued its quarterly earnings data on Wednesday, February, 14th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.11. The firm earned $61.95 million during the quarter, compared to the consensus estimate of $61.65 million. Vecima Networks had a trailing twelve-month return on equity of 6.88% and a net margin of 5.37%.

How often does Vecima Networks pay dividends? What is the dividend yield for Vecima Networks?

Vecima Networks declared a quarterly dividend on Monday, February 12th. Investors of record on Friday, February 23rd will be given a dividend of 0.055 per share on Monday, March 18th. This represents a $0.22 annualized dividend and a yield of 0.98%. The ex-dividend date is Thursday, February 22nd. Read our dividend analysis for VCM .

Is Vecima Networks a good dividend stock?

Vecima Networks (TSE:VCM) pays an annual dividend of C$0.22 per share and currently has a dividend yield of 1.09%. The dividend payout ratio is 36.07%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for VCM .

What other stocks do shareholders of Vecima Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Vecima Networks investors own include Acadian Timber (ADN) , Alibaba Group (BABA) , Bank of Nova Scotia (BNS) , Cameco (CCO) , Clearwater Seafoods Incorporated (CLR.TO) (CLR) , Canadian Utilities (CU) , Canadian Western Bank (CWB) , Echelon Financial Holdings Inc. (EFH.TO) (EFH) and Intertape Polymer Group (ITP) .

How do I buy shares of Vecima Networks?

Shares of VCM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:VCM

Vecima Networks (VCM) Stock Price, News & Analysis

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C$22.49

+0.29 (+1.31%)

(As of 04/17/2024 ET)

Compare

Today's Range: C$22.27
▼
C$22.49
50-Day Range: C$14.79
▼
C$22.67
52-Week Range: C$14.50
▼
C$23.30

Volume: 600 shs
Average Volume: 4,442 shs
Market Capitalization: C$546.73 million

P/E Ratio: 36.87
Dividend Yield: 0.98%
Price Target: C$27.50

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Vecima Networks alerts:

Vecima Networks MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 22.3% Upside
C$27.50 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
C$3,400 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.69 out of 5 stars

1.0

Analyst's Opinion

Amount of Analyst Coverage
Vecima Networks has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for VCM.

1.7

Dividend Strength

Dividend Yield
Vecima Networks pays a meaningful dividend of 1.09%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Vecima Networks does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Vecima Networks is 36.07%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for VCM.

2.4

News and Social Media Coverage

News Sentiment
Vecima Networks has a news sentiment score of 1.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Vecima Networks this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for VCM on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Vecima Networks insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$3,400.00 in company stock.
Percentage Held by Insiders
57.14% of the stock of Vecima Networks is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 15.69% of the stock of Vecima Networks is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Vecima Networks is 36.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of Vecima Networks is 36.87, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 219.07.
Price to Book Value per Share Ratio
Vecima Networks has a P/B Ratio of 2.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Vecima Networks Stock (TSE:VCM)

Vecima Networks Inc. engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics. The company operates through three segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The Video and Broadband Solutions segment offers platforms that process data from the cable network and deliver high-speed internet connectivity to homes over cable and fiber, as well as adapt video services. Its principal products include Terrace and TerraceQAM, which are designed to meet the needs of the business services verticals, such as multi- dwelling unit, hotels, motels, and resorts; and Entra distributed access architecture platform comprising EntraPHY, EntraMAC, EntraOptical, EntraControl, and EntraVideo that addresses the network migration to a distributed access architecture. The Content Delivery and Storage segment offers solutions and software for service providers and content owners that focus on ingesting, producing, storing, delivering, and streaming video for live linear, video on demand, network digital video recorder, and time-shifted services over the internet under the MediaScale brand. The Telematics segment provides information and analytics for fleet managers to manage their mobile and fixed assets under the Contigo and Nero Global Tracking brands. The company also offers optical access nodes, Terrace QAM, Terrace TC600E, Terrace IQ, Entra FPXT-B, Enra access code, Entra access controller, Entra access switch, Entra Remote PHY Monitor, Entra Video QAM Manager, MediaScale Origin, MediaScale storage, and MediaScale transcode. In addition, it provides engineering and consultation services; lifecycle program management; installation and commission; training and certification; workforce optimization; and operations and customer support services. The company was incorporated in 1988 and is headquartered in Victoria, Canada. Vecima Networks Inc. is a subsidiary of 684739 B.C. Ltd.

VCM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

VCM Stock News Headlines

April 15, 2024 | finance.yahoo.com

Vecima’s Open CDN™ Solution Now Supports On-Network Delivery to Evolution Digital Android TV Devices

April 12, 2024 | americanbankingnews.com

Vecima Networks (TSE:VCM) Share Price Passes Above 200 Day Moving Average of $17.32

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April 11, 2024 | finance.yahoo.com

Vecima to Highlight Open Caching at NAB Show 2024

April 3, 2024 | markets.businessinsider.com

Bay Street May Open Higher On Firm Commodity Prices

March 27, 2024 | stockhouse.com

Vecima's Entra® EXS1610 All-PON(TM) Shelf Completes Lab Trial with Tier 1 North American Operator

March 18, 2024 | finanznachrichten.de

Vecima Networks Inc.: Vecima Partners with LICA to Elevate Elsat's Network Infrastructure in the Czech Republic

March 12, 2024 | tmcnet.com

Vecima's Entra® EXS1610 All-PON™ Shelf Completes Lab Trial with Tier 1 North American Operator

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March 12, 2024 | finance.yahoo.com

Vecima’s Entra® EXS1610 All-PON™ Shelf Completes Lab Trial with Tier 1 North American Operator

February 17, 2024 | finance.yahoo.com

Vecima Networks Second Quarter 2024 Earnings: EPS Beats Expectations

February 15, 2024 | finance.yahoo.com

Vecima Adds U.S. Manufacturing of Certain Entra® Fiber Access Equipment to Meet Buy America Requirements in Support of Department of Commerce BEAD Program

February 14, 2024 | baystreet.ca

Vecima Networks Inc.

February 14, 2024 | nasdaq.com

Vecima Networks Inc. Q2 Profit Decreases, but beats estimates

February 14, 2024 | finance.yahoo.com

Vecima Reports Q2 Fiscal 2024 Results

February 14, 2024 | finance.yahoo.com

Should Weakness in Vecima Networks Inc.'s (TSE:VCM) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

February 12, 2024 | financialpost.com

Vecima Declares Quarterly Dividend

February 1, 2024 | morningstar.com

Vecima Networks Inc VCM

January 31, 2024 | finance.yahoo.com

Vecima Announces Q2 Fiscal 2024 Results Earnings Call Wednesday, February 14, 2024, at 1 pm ET

January 14, 2024 | finance.yahoo.com

We Like These Underlying Return On Capital Trends At Vecima Networks (TSE:VCM)

December 18, 2023 | markets.businessinsider.com

HLS Therapeutics CFO Tim Hendrickson Steps Down; Names Director John Hanna Interim CFO

December 9, 2023 | finance.yahoo.com

Investing in Vecima Networks (TSE:VCM) five years ago would have delivered you a 105% gain

November 18, 2023 | finance.yahoo.com

Interested In Vecima Networks' (TSE:VCM) Upcoming CA$0.055 Dividend? You Have Four Days Left

November 11, 2023 | seekingalpha.com

Vecima Networks Non-GAAP EPS of C$0.09, revenue of C$61.5M

November 9, 2023 | finance.yahoo.com

Vecima Reports Q1 Fiscal 2024 Results

October 26, 2023 | finance.yahoo.com

Vecima Announces Q1 Fiscal 2024 Results Earnings Call Thursday, November 9, 2023, at 1 pm ET

October 21, 2023 | investing.com

Vecima Networks Inc. (VCM)

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Company Calendar

Last Earnings: 2/14/2024
Ex-Dividend for 3/18 Dividend: 2/22/2024
Dividend Payable: 3/18/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/09/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Computer and Technology
Industry: Communication Equipment
Sub-Industry: N/A
Current Symbol: TSE:VCM
CUSIP: N/A
CIK: N/A
Web: www.vecima.com
Phone: +1-250-8811982
Fax: N/A
Employees: 585
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$27.50
High Stock Price Target: C$28.00
Low Stock Price Target: C$27.00
Potential Upside/Downside: +22.3%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.61
Trailing P/E Ratio: 36.87
Forward P/E Ratio: 14.61
P/E Growth: N/A
Net Income: C$14.89 million
Net Margins: 5.37%
Pretax Margin: N/A
Return on Equity: 6.88%
Return on Assets: 3.99%

Debt

Debt-to-Equity Ratio: 27.09
Current Ratio: 1.58
Quick Ratio: 0.83

Sales & Book Value

Annual Sales: C$277.21 million
Price / Sales: 1.97
Cash Flow: C$0.21 per share
Price / Cash Flow: 106.12
Book Value: C$9.08 per share
Price / Book: 2.48

Miscellaneous

Outstanding Shares: 24,310,000
Free Float: N/A
Market Cap: C$546.73 million
Optionable: Not Optionable
Beta: 0.62

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Key Executives

Dr. Surinder G. Kumar Ph.D.
Founder & Chairman of the Board
Mr. Sumit Kumar
CEO, President & Non Independent Director
Mr. Dale Booth
Chief Financial Officer
Mr. Clay McCreery
Chief Operating Officer
Mr. Richard Rockwell
Executive Vice-President
Mr. Ryan Nicometo
Senior VP and GM of the Video & Broadband Solutions Business Unit
Mr. Colin Andrew Howlett
Chief Technology Officer
Ms. Heather Asher
General Counsel & Corporate Secretary
Anne-Marie DeSouza
Head of Corporate Communications
Mr. German Iaryczower
Senior Vice President of Global Sales & Marketing

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

VCM Stock Analysis - Frequently Asked Questions

What is Vecima Networks' stock price target for 2024?: 0 brokers have issued 1-year target prices for Vecima Networks' stock. Their VCM share price targets range from C$27.00 to C$28.00. On average, they predict the company's share price to reach C$27.50 in the next twelve months. This suggests a possible upside of 22.3% from the stock's current price.
View analysts price targets for VCM or view top-rated stocks among Wall Street analysts.
How have VCM shares performed in 2024?: Vecima Networks' stock was trading at C$16.35 at the beginning of 2024. Since then, VCM shares have increased by 37.6% and is now trading at C$22.49.
View the best growth stocks for 2024 here.
When is Vecima Networks' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our VCM earnings forecast.
How were Vecima Networks' earnings last quarter?: Vecima Networks Inc. (TSE:VCM) issued its quarterly earnings data on Wednesday, February, 14th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.11. The firm earned $61.95 million during the quarter, compared to the consensus estimate of $61.65 million. Vecima Networks had a trailing twelve-month return on equity of 6.88% and a net margin of 5.37%.

How often does Vecima Networks pay dividends? What is the dividend yield for Vecima Networks?: Vecima Networks declared a quarterly dividend on Monday, February 12th. Investors of record on Friday, February 23rd will be given a dividend of 0.055 per share on Monday, March 18th. This represents a $0.22 annualized dividend and a yield of 0.98%. The ex-dividend date is Thursday, February 22nd.
Read our dividend analysis for VCM.
Is Vecima Networks a good dividend stock?: Vecima Networks (TSE:VCM) pays an annual dividend of C$0.22 per share and currently has a dividend yield of 1.09%. The dividend payout ratio is 36.07%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for VCM.
What other stocks do shareholders of Vecima Networks own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Vecima Networks investors own include Acadian Timber (ADN), Alibaba Group (BABA), Bank of Nova Scotia (BNS), Cameco (CCO), Clearwater Seafoods Incorporated (CLR.TO) (CLR), Canadian Utilities (CU), Canadian Western Bank (CWB), Echelon Financial Holdings Inc. (EFH.TO) (EFH) and Intertape Polymer Group (ITP).
How do I buy shares of Vecima Networks?: Shares of VCM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:VCM) was last updated on 4/19/2024 by MarketBeat.com Staff

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Vecima Networks (VCM) Stock Price, News & Analysis

Vecima Networks MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Vecima Networks Stock (TSE:VCM)

VCM Stock Price History

VCM Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

VCM Stock Analysis - Frequently Asked Questions

Overall MarketRank^™