Vecima Networks (VCM) Stock Price, News & Analysis

Company Overview

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. Its principal products include Terrace and TerraceQAM, which are designed to meet the needs of the business services verticals, such as multi- dwelling unit, hotels, motels, and resorts; and Entra distributed access architecture platform comprising EntraPHY, EntraMAC, EntraOptical, EntraControl, and EntraVideo that addresses the network migration to a distributed access architecture. The Content Delivery and Storage segment offers solutions and software for service providers and content owners that focus on ingesting, producing, storing, delivering, and streaming video for live linear, video on demand, network digital video recorder, and time-shifted services over the internet under the MediaScale brand. The Telematics segment provides information and analytics for fleet managers to manage their mobile and fixed assets under the Contigo and Nero Global Tracking brands. The company also offers optical access nodes, Terrace QAM, Terrace TC600E, Terrace IQ, Entra FPXT-B, Enra access code, Entra access controller, Entra access switch, Entra Remote PHY Monitor, Entra Video QAM Manager, MediaScale Origin, MediaScale storage, and MediaScale transcode. In addition, it provides engineering and consultation services; lifecycle program management; installation and commission; training and certification; workforce optimization; and operations and customer support services. The company was incorporated in 1988 and is headquartered in Victoria, Canada. Vecima Networks Inc. is a subsidiary of 684739 B.C. Ltd.

Key Stats

• Today's Range: C$15.43 to C$15.43
• 50-Day Range: C$15.25 to C$21.06
• 52-Week Range: C$14.50 to C$23.01
• Volume: 100 shs
• Average Volume: 3,105 shs
• Market Capitalization: C$375.10 million
• P/E Ratio: 19.29
• Dividend Yield: 1.43%
• Price Target: C$25.50
• Consensus Rating: N/A

Vecima Networks Stock Analysis - MarketRank™

Vecima Networks scored higher than 38% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: N/A

Amount of Analyst Coverage

Vecima Networks has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Vecima Networks is 19.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of Vecima Networks is 19.29, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 271.64.

Price to Book Value per Share Ratio

Vecima Networks has a P/B Ratio of 1.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for VCM.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Vecima Networks pays a meaningful dividend of 1.09%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Vecima Networks does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Vecima Networks is 27.50%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for VCM.

News and Social Media

• Score: 1.0 / 5
• News Sentiment: -0.24

News Sentiment

Vecima Networks has a news sentiment score of -0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 20 news articles for Vecima Networks this week, compared to 1 article on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Vecima Networks insiders have sold 49.80% more of their company's stock than they have bought. Specifically, they have bought C$46,060.00 in company stock and sold C$69,000.00 in company stock.

Percentage Held by Insiders

57.14% of the stock of Vecima Networks is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 15.50% of the stock of Vecima Networks is held by institutions.

VCM Stock Analysis - Frequently Asked Questions

How have VCM shares performed this year?

Vecima Networks' stock was trading at C$16.35 at the beginning of the year. Since then, VCM shares have decreased by 5.6% and is now trading at C$15.43.
View the best growth stocks for 2024 here.

How were Vecima Networks' earnings last quarter?

Vecima Networks Inc. (TSE:VCM) posted its quarterly earnings data on Thursday, September, 19th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.47 by $0.13. The firm had revenue of $87.48 million for the quarter, compared to analysts' expectations of $92.93 million. Vecima Networks had a net margin of 6.66% and a trailing twelve-month return on equity of 8.57%.

How do I buy shares of Vecima Networks?

Shares of VCM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Vecima Networks own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Vecima Networks investors own include Visa (V), Bank of Nova Scotia (BNS), Intel (INTC), Johnson & Johnson (JNJ), Toronto-Dominion Bank (TD), Wells Fargo & Company (WFC) and Walmart (WMT).

Company Calendar

• Last Earnings: 9/19/2024
• Ex-Dividend for 11/4 Dividend: 10/11/2024
• Dividend Payable: 11/04/2024
• Ex-Dividend for 12/16 Dividend: 11/22/2024
• Dividend Payable: 12/16/2024
• Today: 12/18/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Computer and Technology
• Industry: Communication Equipment
• Sub-Industry: Electronic Equipment
• Current Symbol: TSE:VCM
• CUSIP: N/A
• CIK: N/A
• Web: www.vecima.com
• Phone: +1-250-8811982
• Fax: N/A
• Employees: 591
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$25.50
• High Stock Price Target: C$27.00
• Low Stock Price Target: C$24.00
• Potential Upside/Downside: +65.3%
• Consensus Rating: N/A
• Rating Score (0-4): 0.00
• Research Coverage: 0 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.80
• Trailing P/E Ratio: 19.29
• Forward P/E Ratio: 13.08
• P/E Growth: N/A
• Net Income: C$19.39 million
• Net Margins: 6.66%
• Pretax Margin: N/A
• Return on Equity: 8.57%
• Return on Assets: 5.28%

Debt

• Debt-to-Equity Ratio: 29.61
• Current Ratio: 1.64
• Quick Ratio: 0.83

Sales & Book Value

• Annual Sales: C$291.05 million
• Price / Sales: 1.29
• Cash Flow: C$0.15 per share
• Price / Cash Flow: 106.12
• Book Value: C$9.66 per share
• Price / Book: 1.60

Miscellaneous

• Outstanding Shares: 24,310,000
• Free Float: N/A
• Market Cap: C$375.10 million
• Optionable: Not Optionable
• Beta: 0.63