FY2025 EPS Estimates for Vecima Networks Lowered by Cormark

Vecima Networks Inc. (TSE:VCM) – Cormark decreased their FY2025 earnings estimates for shares of Vecima Networks in a report issued on Monday, November 18th. Cormark analyst J. Pytlak now expects 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 cut their price objective on Vecima Networks from C$27.00 to C$24.00 in a report on Friday, November 15th.

Vecima Networks Stock Performance

Shares of TSE VCM opened at C$16.50 on Wednesday. Vecima Networks has a 1 year low of C$14.50 and a 1 year high of C$23.01. The firm has a market cap of C$401.12 million, a P/E ratio of 21.50 and a beta of 0.63. The stock has a fifty day moving average price of C$20.20 and a two-hundred day moving average price of C$20.68. The company has a debt-to-equity ratio of 29.61, a quick ratio of 0.83 and a current ratio of 1.64.

Vecima Networks (TSE:VCM) last posted its quarterly earnings data on Thursday, September 19th. The company reported C$0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.47 by C($0.13). Vecima Networks had a net margin of 6.66% and a return on equity of 8.57%. The company had revenue of C$87.48 million during the quarter, compared to the consensus estimate of C$92.93 million.

Insider Buying and Selling

In related news, Senior Officer Richard Dean Rockwell sold 2,000 shares of Vecima Networks 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. Insiders own 57.14% of the company’s stock.

Vecima Networks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 16th will be paid a $0.055 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.22 annualized dividend and a dividend yield of 1.33%. Vecima Networks’s dividend 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.