Cormark Has Weak Outlook for Vecima Networks FY2026 Earnings

Vecima Networks Inc. (TSE:VCM) – Stock analysts at Cormark lowered their FY2026 earnings per share estimates for shares of Vecima Networks in a research note issued to investors on Wednesday, December 11th. Cormark analyst J. Pytlak now forecasts that the company will post earnings per share of $1.60 for the year, down from their prior forecast of $2.03. The consensus estimate for Vecima Networks’ current full-year earnings is $1.18 per share.

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

Vecima Networks Trading Down 2.8 %

Shares of Vecima Networks stock opened at C$16.50 on Monday. The firm’s 50-day moving average price is C$18.65 and its two-hundred day moving average price is C$20.22. The company has a market capitalization of C$401.12 million, a price-to-earnings ratio of 20.63 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 has a 12-month low of C$14.50 and a 12-month high of C$23.01.

Vecima Networks (TSE:VCM) last issued its quarterly earnings results 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 company had revenue of C$87.48 million during the quarter, compared to the consensus estimate of C$92.93 million. Vecima Networks had a return on equity of 8.57% and a net margin of 6.66%.

Vecima Networks Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 16th will be issued 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 dividend yield of 1.33%. Vecima Networks’s dividend payout ratio (DPR) is currently 27.50%.

Insider Buying and Selling

In other news, Senior Officer Clay Mccreery sold 1,600 shares of the stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of C$17.40, for a total value of C$27,840.00. Also, Senior Officer Richard Dean Rockwell sold 2,000 shares of the firm’s stock in a transaction on Friday, October 4th. The shares were sold at an average price of C$20.58, for a total value of C$41,160.00. Insiders acquired a total of 2,500 shares of company stock worth $46,060 in the last ninety days. 57.14% of the stock is owned by insiders.

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.