Cormark Estimates Vecima Networks' FY2025 Earnings (TSE:VCM)

Vecima Networks Inc. (TSE:VCM - Free Report) - Equities research analysts at Cormark reduced their FY2025 earnings per share (EPS) estimates for Vecima Networks in a report issued on Tuesday, May 20th. Cormark analyst J. Pytlak now forecasts that the company will post earnings per share of ($0.06) for the year, down from their previous forecast of $0.06. Cormark currently has a "Moderate Buy" rating 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 $0.59 EPS.

Separately, Raymond James dropped their price objective on Vecima Networks from C$27.00 to C$20.00 in a research report on Friday, February 14th.

Vecima Networks Stock Performance

Shares of Vecima Networks stock traded up C$0.06 during trading on Thursday, hitting C$10.00. 1,246 shares of the company's stock traded hands, compared to its average volume of 4,955. The company has a debt-to-equity ratio of 22.94, a current ratio of 1.73 and a quick ratio of 0.83. Vecima Networks has a 1 year low of C$8.43 and a 1 year high of C$22.34. The stock has a market capitalization of C$239.99 million, a P/E ratio of 12.13 and a beta of 0.63. The business has a 50-day simple moving average of C$9.87 and a 200-day simple moving average of C$12.77.

Vecima Networks Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 23rd. Shareholders of record on Friday, May 30th will be paid a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date of this dividend is Friday, May 30th. Vecima Networks's payout ratio is 26.68%.

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.