Brokers Set Expectations for Vecima Networks FY2025 Earnings

Vecima Networks Inc. (TSE:VCM - Free Report) - Cormark lowered their FY2025 earnings estimates for Vecima Networks in a note issued to investors on Tuesday, February 18th. Cormark analyst J. Pytlak now forecasts that the company will earn $0.06 per share for the year, down from their prior estimate of $0.10. Cormark currently has a "Market Perform" rating and a $14.00 target price on the stock. 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 $0.87 EPS.

Several other brokerages have also recently issued reports on VCM. Raymond James dropped their price objective on Vecima Networks from C$27.00 to C$20.00 in a research note on Friday, February 14th. Accountability Research dropped their price target on Vecima Networks from C$27.00 to C$24.00 in a research report on Friday, November 15th.

Vecima Networks Trading Down 3.0 %

VCM stock traded down C$0.34 during mid-day trading on Wednesday, reaching C$10.86. The company had a trading volume of 7,106 shares, compared to its average volume of 7,051. The firm has a 50 day moving average of C$14.19 and a 200 day moving average of C$17.84. The company has a debt-to-equity ratio of 22.94, a current ratio of 1.73 and a quick ratio of 0.83. Vecima Networks has a 12 month low of C$10.75 and a 12 month high of C$23.01. The company has a market capitalization of C$260.63 million, a PE ratio of 13.17 and a beta of 0.63.

Insider Activity

In related news, Senior Officer Clay Mccreery sold 1,600 shares of the firm's stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of C$17.40, for a total transaction of C$27,840.00. Over the last ninety days, insiders have acquired 5,500 shares of company stock worth $71,193. Corporate insiders own 57.14% of the company's stock.

Vecima Networks Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, February 28th will be given a $0.055 dividend. The ex-dividend date is Friday, February 28th. This represents a $0.22 annualized dividend and a dividend yield of 2.03%. Vecima Networks's payout ratio is presently 26.68%.

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.