FY2025 EPS Estimates for Vecima Networks Cut by Analyst

Vecima Networks Inc. (TSE:VCM) – Analysts at Cormark lowered their FY2025 EPS estimates for Vecima Networks in a report released on Monday, November 18th. Cormark analyst J. Pytlak now expects that the company will post earnings of $1.03 per share 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 decreased their target price on Vecima Networks from C$27.00 to C$24.00 in a research note on Friday, November 15th.

Vecima Networks Stock Performance

VCM stock opened at C$17.49 on Wednesday. The firm has a 50 day moving average of C$20.05 and a two-hundred day moving average of C$20.63. Vecima Networks has a 12 month low of C$14.50 and a 12 month high of C$23.01. The company has a market capitalization of C$425.18 million, a price-to-earnings ratio of 21.86 and a beta of 0.63. 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 (TSE:VCM) last released its earnings results on Thursday, September 19th. The company reported C$0.34 earnings per share for the quarter, missing the consensus estimate of C$0.47 by C($0.13). The business had revenue of C$87.48 million for the quarter, compared to analysts’ expectations of C$92.93 million. Vecima Networks had a net margin of 6.66% and a return on equity of 8.57%.

Insider Buying and Selling

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

Vecima Networks Announces Dividend

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 issued a $0.055 dividend. This represents a $0.22 annualized dividend and a yield of 1.26%. The ex-dividend date is Friday, November 22nd. Vecima Networks’s dividend payout ratio is 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.