Cormark Predicts Vecima Networks' FY2025 Earnings (TSE:VCM)

Vecima Networks Inc. (TSE:VCM - Free Report) - Stock analysts at Cormark dropped their FY2025 EPS estimates for Vecima Networks in a note issued to investors on Monday, November 18th. Cormark analyst J. Pytlak now forecasts that the company will post earnings per share of $1.03 for the year, down from their previous estimate 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.

Separately, Accountability Research dropped 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 Price Performance

TSE:VCM traded up C$0.91 during mid-day trading on Wednesday, hitting C$17.41. 1,716 shares of the company's stock traded hands, compared to its average volume of 3,232. The company has a debt-to-equity ratio of 29.61, a quick ratio of 0.83 and a current ratio of 1.64. The firm's 50 day simple moving average is C$20.12 and its 200 day simple moving average is C$20.65. Vecima Networks has a 1 year low of C$14.50 and a 1 year high of C$23.01. The company has a market cap of C$423.24 million, a PE ratio of 20.63 and a beta of 0.63.

Vecima Networks (TSE:VCM - Get Free Report) last announced its quarterly earnings data 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 for the quarter, compared to analysts' expectations of C$92.93 million. Vecima Networks had a return on equity of 8.57% and a net margin of 6.66%.

Insider Transactions at Vecima Networks

In other Vecima Networks news, Senior Officer Richard Dean Rockwell sold 2,000 shares of the stock in a transaction on Friday, October 4th. The stock was sold at an average price of C$20.58, for a total transaction of C$41,160.00. Corporate insiders own 57.14% of the company's stock.

Vecima Networks Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 16th will be given a dividend of $0.055 per share. The ex-dividend date is Friday, November 22nd. This represents a $0.22 dividend on an annualized basis and a yield of 1.26%. Vecima Networks's payout ratio is currently 27.50%.

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.