FY2025 EPS Estimates for Vecima Networks Lowered by Cormark

Vecima Networks Inc. (TSE:VCM) – Equities research analysts at Cormark decreased their FY2025 earnings estimates for shares of Vecima Networks in a research note issued on Tuesday, February 18th. Cormark analyst J. Pytlak now expects that the company will earn $0.06 per share for the year, down from their prior estimate of $0.10. Cormark has a “Market Perform” rating and a $14.00 price target on the stock. 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 $0.87 EPS.

Several other research firms have also recently issued reports on VCM. Raymond James decreased their price target on shares of Vecima Networks from C$27.00 to C$20.00 in a research note on Friday, February 14th. Accountability Research decreased their price target 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

Shares of TSE VCM opened at C$11.01 on Wednesday. The stock has a market cap of C$264.23 million, a price-to-earnings ratio of 13.35 and a beta of 0.63. Vecima Networks has a 52 week low of C$11.00 and a 52 week high of C$23.01. The company’s 50-day moving average price is C$14.54 and its 200 day moving average price is C$18.01. The company has a current ratio of 1.73, a quick ratio of 0.83 and a debt-to-equity ratio of 22.94.

Vecima Networks Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.055 per share. The ex-dividend date is Friday, February 28th. This represents a $0.22 annualized dividend and a dividend yield of 2.00%. Vecima Networks’s payout ratio is currently 26.68%.

Insider Transactions at Vecima Networks

In other news, Senior Officer Clay Mccreery sold 1,600 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of C$17.40, for a total transaction of C$27,840.00. Insiders have purchased a total of 2,500 shares of company stock worth $36,716 in the last three months. Company insiders own 57.14% of the company’s stock.

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.