FY2025 EPS Estimates for Vecima Networks Lowered by Analyst

Vecima Networks Inc. (TSE:VCM) – Cormark cut their FY2025 EPS estimates for Vecima Networks in a research report issued on Wednesday, December 11th. Cormark analyst J. Pytlak now anticipates that the company will earn $0.87 per share for the year, down from their previous estimate of $1.03. The consensus estimate for Vecima Networks’ current full-year earnings is $1.18 per share.

Separately, Accountability Research lowered their target price on shares of Vecima Networks from C$27.00 to C$24.00 in a report on Friday, November 15th.

Vecima Networks Price Performance

VCM opened at C$16.50 on Friday. The firm has a 50-day moving average price of C$18.73 and a 200-day moving average price of C$20.27. Vecima Networks has a twelve month low of C$14.50 and a twelve month high of C$23.01. The company has a quick ratio of 0.83, a current ratio of 1.64 and a debt-to-equity ratio of 29.61. The company has a market capitalization of C$401.12 million, a price-to-earnings ratio of 20.63 and a beta of 0.63.

Vecima Networks (TSE:VCM) last issued its quarterly earnings results on Thursday, September 19th. The company reported C$0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.47 by C($0.13). Vecima Networks had a return on equity of 8.57% and a net margin of 6.66%. The company had revenue of C$87.48 million for the quarter, compared to analysts’ expectations of C$92.93 million.

Vecima Networks Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 16th will be given a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 1.33%. The ex-dividend date is Friday, November 22nd. Vecima Networks’s dividend payout ratio is presently 27.50%.

Insider Transactions at Vecima Networks

In other news, Senior Officer Richard Dean Rockwell sold 2,000 shares of Vecima Networks stock in a transaction dated Friday, October 4th. The stock was sold at an average price of C$20.58, for a total transaction of C$41,160.00. Also, Senior Officer Clay Mccreery sold 1,600 shares of the business’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of C$17.40, for a total value of C$27,840.00. Over the last ninety days, insiders have bought 2,500 shares of company stock valued at $46,060. 57.14% of the stock is currently owned by corporate insiders.

Vecima Networks Company Profile

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.