FY2026 EPS Estimates for Vecima Networks Cut by Cormark

Vecima Networks Inc. (TSE:VCM - Free Report) - Equities research analysts at Cormark reduced their FY2026 earnings per share estimates for shares of Vecima Networks in a research report issued on Wednesday, December 11th. Cormark analyst J. Pytlak now anticipates that the company will post earnings per share of $1.60 for the year, down from their prior estimate of $2.03. The consensus estimate for Vecima Networks' current full-year earnings is $1.18 per share.

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

Vecima Networks Trading Down 5.8 %

Shares of TSE VCM traded down C$0.96 during mid-day trading on Monday, hitting C$15.54. 3,556 shares of the company traded hands, compared to its average volume of 3,119. The company has a quick ratio of 0.83, a current ratio of 1.64 and a debt-to-equity ratio of 29.61. Vecima Networks has a 1 year low of C$14.50 and a 1 year high of C$23.01. The stock has a market capitalization of C$377.78 million, a price-to-earnings ratio of 20.63 and a beta of 0.63. The business has a 50 day moving average of C$18.65 and a two-hundred day moving average of C$20.21.

Vecima Networks (TSE:VCM - Get Free Report) last posted 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). The business had revenue of C$87.48 million during the quarter, compared to analyst estimates of C$92.93 million. Vecima Networks had a return on equity of 8.57% and a net margin of 6.66%.

Vecima Networks Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 16th will be paid a $0.055 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.22 annualized dividend and a dividend yield of 1.42%. Vecima Networks's payout ratio is 27.50%.

Insider Buying and Selling

In other news, Senior Officer Richard Dean Rockwell sold 2,000 shares of the company's 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 firm's stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of C$17.40, for a total value of C$27,840.00. Over the last quarter, insiders have bought 2,500 shares of company stock worth $46,060. 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.