FY2025 EPS Estimates for Vecima Networks Cut by B. Riley

Vecima Networks Inc. (TSE:VCM) – B. Riley decreased their FY2025 earnings estimates for Vecima Networks in a research note issued to investors on Tuesday, January 7th. B. Riley analyst D. Kang now anticipates that the company will earn $0.94 per share for the year, down from their previous forecast of $1.16. The consensus estimate for Vecima Networks’ current full-year earnings is $1.18 per share.

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

Vecima Networks Stock Performance

VCM stock opened at C$15.50 on Friday. 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 cap of C$376.81 million, a P/E ratio of 19.38 and a beta of 0.63. The business’s fifty day moving average is C$16.75 and its 200-day moving average is C$19.43.

Vecima Networks Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 16th were issued a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date was Friday, November 22nd. Vecima Networks’s dividend payout ratio is currently 27.50%.

Insider Buying and Selling at Vecima Networks

In related news, Senior Officer Clay Mccreery sold 1,600 shares of the business’s stock in a transaction that occurred on 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 90 days, insiders bought 1,500 shares of company stock valued at $25,390. Corporate insiders own 57.14% of the company’s stock.

About Vecima Networks

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.