FY2025 EPS Estimates for Vecima Networks Lowered by Analyst

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

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

Vecima Networks Trading Down 0.3 %

VCM stock traded down C$0.05 during midday trading on Friday, reaching C$15.50. 1,100 shares of the company traded hands, compared to its average volume of 1,758. The firm has a market capitalization of C$376.81 million, a price-to-earnings ratio of 19.38 and a beta of 0.63. Vecima Networks has a 52-week low of C$14.50 and a 52-week high of C$23.01. The business has a 50 day moving average of C$16.85 and a 200-day moving average of C$19.48. The company has a debt-to-equity ratio of 29.61, a quick ratio of 0.83 and a current ratio of 1.64.

Insider Activity at Vecima Networks

In other news, Senior Officer Clay Mccreery sold 1,600 shares of the company's stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of C$17.40, for a total value of C$27,840.00. In the last ninety days, insiders have bought 1,500 shares of company stock worth $25,390. Insiders own 57.14% of the company's stock.

Vecima Networks Dividend Announcement

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

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.