FY2025 EPS Estimates for Vecima Networks Reduced by Cormark

Vecima Networks Inc. (TSE:VCM) – Stock analysts at Cormark reduced their FY2025 earnings per share (EPS) estimates for Vecima Networks in a research report issued on Monday, November 18th. Cormark analyst J. Pytlak now forecasts that the company will earn $1.03 per share for the year, down from their previous forecast of $1.30. The consensus estimate for Vecima Networks’ current full-year earnings is $1.18 per share. Cormark also issued estimates for Vecima Networks’ FY2026 earnings at $2.03 EPS.

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

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

Vecima Networks Trading Up 1.1 %

VCM opened at C$17.49 on Wednesday. The company’s 50 day moving average price is C$20.05 and its two-hundred day moving average price is C$20.63. The firm has a market capitalization of C$425.18 million, a price-to-earnings ratio of 21.86 and a beta of 0.63. Vecima Networks has a fifty-two week low of C$14.50 and a fifty-two week high of C$23.01. The company has a debt-to-equity ratio of 29.61, a current ratio of 1.64 and a quick ratio of 0.83.

Vecima Networks Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 16th will be paid a $0.055 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.22 annualized dividend and a dividend yield of 1.26%. Vecima Networks’s dividend payout ratio is presently 27.50%.

Insider Activity at Vecima Networks

In other Vecima Networks news, Senior Officer Richard Dean Rockwell sold 2,000 shares of the firm’s stock in a transaction on Friday, October 4th. The shares were sold at an average price of C$20.58, for a total value of C$41,160.00. 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.