Brokers Set Expectations for Vecima Networks FY2025 Earnings

Vecima Networks Inc. (TSE:VCM) – Stock analysts at Cormark lowered their FY2025 earnings estimates for shares of Vecima Networks in a report issued on Wednesday, December 11th. Cormark analyst J. Pytlak now anticipates that the company will post earnings of $0.87 per share for the year, down from their previous forecast of $1.03. The consensus estimate for Vecima Networks’ current full-year earnings is $1.18 per share.

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

Vecima Networks Stock Performance

VCM opened at C$16.98 on Friday. The company has a current ratio of 1.64, a quick ratio of 0.83 and a debt-to-equity ratio of 29.61. The company’s fifty day moving average price is C$18.73 and its two-hundred day moving average price is C$20.27. Vecima Networks has a 1-year low of C$14.50 and a 1-year high of C$23.01. The company has a market cap of C$412.78 million, a price-to-earnings ratio of 21.23 and a beta of 0.63.

Vecima Networks (TSE:VCM) last released its quarterly earnings data 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 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 net margin of 6.66% and a return on equity of 8.57%.

Insider Activity

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 value of C$27,840.00. Also, Senior Officer Richard Dean Rockwell sold 2,000 shares of the stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$20.58, for a total transaction of C$41,160.00. Insiders bought a total of 2,000 shares of company stock worth $37,700 over the last quarter. 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. Shareholders 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 annualized dividend and a yield of 1.30%. Vecima Networks’s payout ratio is 27.50%.

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.