Cubic Corporation Company Profile (NYSE:CUB)

About Cubic Corporation

Cubic Corporation logoCubic Corporation (Cubic) designs, integrates and operates systems, products and services that provide situational awareness for its customers in the transportation and defense industries. The Company operates in three business segments across the global transportation and defense markets, which include Cubic Transportation Systems (CTS), Cubic Global Defense (CGD) and Cubic Global Defense Services (CGD Services). The Company's CTS segment is a systems integrator of payment and information technology and services for travel solutions. The Company's CGD Systems is focused on two primary lines of business: training systems and secure communications (SC) products. The Company's CGD Services segment is a provider of training, operations, intelligence, maintenance, technical and other support services to the United States government and its agencies and allied nations. It also provides cross-domain hardware solutions to address multi-level security challenges across common networks.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Scientific & Technical Instruments
  • Sub-Industry: Aerospace & Defense
  • Exchange: NYSE
  • Symbol: CUB
  • CUSIP: 22966910
Key Metrics:
  • Previous Close: $52.50
  • 50 Day Moving Average: $48.08
  • 200 Day Moving Average: $46.28
  • 52-Week Range: $31.91 - $52.50
  • Trailing P/E Ratio: 352.35
  • Foreward P/E Ratio: 25.00
  • P/E Growth: 0.67
  • Market Cap: $1.42B
  • Outstanding Shares: 27,103,000
  • Beta: 0.97
Profitability:
  • Net Margins: 0.29%
  • Return on Equity: 0.61%
  • Return on Assets: 0.29%
Debt:
  • Debt-to-Equity Ratio: 0.30%
  • Current Ratio: 1.50%
  • Quick Ratio: 1.29%
Additional Links:
Companies Related to Cubic Corporation:

Analyst Ratings

Consensus Ratings for Cubic Corporation (NYSE:CUB) (?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $53.67 (2.22% upside)

Analysts' Ratings History for Cubic Corporation (NYSE:CUB)
Show:
DateFirmActionRatingPrice TargetDetails
2/10/2017Needham & Company LLCReiterated RatingBuy$48.00 -> $55.00View Rating Details
1/5/2017Canaccord GenuityReiterated RatingBuy$48.00View Rating Details
12/22/2016Drexel HamiltonInitiated CoverageBuy$58.00View Rating Details
7/9/2016Credit Suisse GroupReiterated RatingBuyView Rating Details
2/5/2016Benchmark Co.Lower Price TargetBuy$50.00View Rating Details
10/20/2015BB&T CorporationInitiated CoverageBuy$48.00View Rating Details
5/21/2015J P Morgan Chase & CoBoost Price TargetNeutral$52.00 -> $56.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Cubic Corporation (NYSE:CUB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
2/9/2017Q1 2017($0.06)($0.11)$330.36 million$334.70 millionViewListenView Earnings Details
11/21/2016Q416$0.17($0.29)$390.30 million$406.60 millionViewN/AView Earnings Details
8/3/2016Q316$0.29$0.17$387.41 million$375.20 millionViewN/AView Earnings Details
5/2/2016Q216$0.23$0.38$349.70 million$366.00 millionViewN/AView Earnings Details
2/4/2016Q116$0.28($0.20)$330.33 million$313.81 millionViewN/AView Earnings Details
11/23/2015Q315$0.96$0.74$411.17 million$425.90 millionViewListenView Earnings Details
8/6/2015Q215$0.57$0.33$355.51 million$347.80 millionViewN/AView Earnings Details
5/18/2015Q115$0.43$0.68$321.51 million$338.80 millionViewN/AView Earnings Details
11/25/2014Q414$0.94$1.22$390.50 million$396.40 millionViewN/AView Earnings Details
8/4/2014Q314$0.75$0.45$370.90 million$340.40 millionViewN/AView Earnings Details
5/12/2014Q214$0.65$0.60$316.08 million$354.50 millionViewN/AView Earnings Details
12/5/2013Q413$0.63$0.79$354.76 millionViewListenView Earnings Details
8/1/2013Q3 2013$0.65$0.69$349.55 million$340.45 millionViewN/AView Earnings Details
5/2/2013Q2 2013$0.67$1.02$334.37 million$364.30 millionViewN/AView Earnings Details
2/11/2013Q1 2013$0.70$0.47$315.77 million$313.37 millionViewN/AView Earnings Details
5/3/2012$0.79$0.91ViewN/AView Earnings Details
2/2/2012$0.71$0.80ViewN/AView Earnings Details
11/22/2011$0.80$0.90ViewN/AView Earnings Details
8/5/2011$0.72$0.78ViewN/AView Earnings Details
5/5/2011$0.60$0.75ViewN/AView Earnings Details
2/3/2011$0.56$0.74ViewN/AView Earnings Details
12/9/2010$0.62$0.63$295.08 million$347.71 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Cubic Corporation (NYSE:CUB)
Current Year EPS Consensus Estimate: $0.61 EPS
Next Year EPS Consensus Estimate: $2.10 EPS

Dividends

Current Dividend Information for Cubic Corporation (NYSE:CUB)
Annual Dividend:$0.27
Dividend Yield:0.51%
Dividend Growth:4.00% (3 Year Average)
Payout Ratio:180.00% (Based on Trailing 12 Months of Earnings)
44.26% (Based on Current Year Consensus EPS Estimate)
12.86% (Based on Next Year Consensus EPS Estimate)

Dividend History for Cubic Corporation (NYSE:CUB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/2/2016semiannual$0.140.65%8/29/20168/31/20169/15/2016
2/23/2016semiannual$0.140.78%3/3/20163/7/20163/21/2016
8/5/2015semiannual$0.140.59%8/14/20158/18/20159/1/2015
2/26/2015semiannual$0.140.52%3/5/20153/9/20153/20/2015
7/31/2014semiannual$0.120.54%8/7/20148/11/20148/25/2014
2/19/2014semiannual$0.120.45%2/27/20143/3/20143/14/2014
8/9/2013semiannual$0.120.46%8/16/20138/20/20139/4/2013
2/13/2013semiannual$0.120.53%2/21/20132/25/20133/11/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Cubic Corporation (NYSE:CUB)
Insider Ownership Percentage: 7.73%
Institutional Ownership Percentage: 90.32%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/28/2016Bradley H FeldmannCEOBuy11$46.33$509.63View SEC Filing  
11/28/2016Janice M HambyDirectorBuy100$47.25$4,725.00View SEC Filing  
8/19/2016Janice M HambyDirectorBuy200$47.60$9,520.00View SEC Filing  
2/29/2016Janice M HambyDirectorBuy30$35.15$1,054.50View SEC Filing  
2/25/2016Bruce G BlakleyDirectorBuy200$33.92$6,784.00View SEC Filing  
2/19/2016Bradley H FeldmannCEOBuy3,050$33.36$101,748.00View SEC Filing  
2/17/2016John H Warner JrDirectorBuy3,000$32.94$98,820.00View SEC Filing  
2/12/2016John D ThomasCFOBuy100$31.48$3,148.00View SEC Filing  
2/12/2016William J TotiSVPBuy625$32.14$20,087.50View SEC Filing  
2/11/2016Mark HarrisonSVPBuy1,000$31.20$31,200.00View SEC Filing  
2/10/2016John D. ThomasCFOBuy2,000$31.46$62,920.00View SEC Filing  
2/9/2016John H. Warner, Jr.DirectorBuy9,000$31.71$285,390.00View SEC Filing  
2/8/2016James R. EdwardsSVPBuy322$31.07$10,004.54View SEC Filing  
2/8/2016Matthew James ColeInsiderBuy634$31.30$19,844.20View SEC Filing  
11/10/2015Walter C ZableChairmanSell10,000$44.27$442,700.00View SEC Filing  
11/9/2015Walter C ZableChairmanSell10,000$44.64$446,400.00View SEC Filing  
11/2/2015Walter C ZableChairmanSell183,060$44.81$8,202,918.60View SEC Filing  
6/24/2015Walter C ZableChairmanSell31,400$49.83$1,564,662.00View SEC Filing  
6/23/2015Walter C ZableChairmanSell70,000$49.63$3,474,100.00View SEC Filing  
6/22/2015Walter C ZableChairmanSell33,053$49.02$1,620,258.06View SEC Filing  
12/22/2014Bradley H FeldmannCEOSell7,700$53.22$409,794.00View SEC Filing  
10/1/2014John D ThomasCFOSell2,500$53.75$134,375.00View SEC Filing  
8/19/2014Stephen O ShewmakerEVPSell1,000$45.82$45,820.00View SEC Filing  
6/12/2014William W BoyleCEOSell1,360$48.15$65,484.00View SEC Filing  
12/18/2013Bradley FeldmannCOOSell4,015$49.15$197,337.25View SEC Filing  
6/19/2013Karen Zable CoxMajor ShareholderSell347,250$45.75$15,886,687.50View SEC Filing  
5/21/2013Karen Zable CoxMajor ShareholderSell2,315,000$45.75$105,911,250.00View SEC Filing  
12/21/2012Karen Zable CoxMajor ShareholderSell15,000$47.90$718,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Cubic Corporation (NYSE:CUB)
DateHeadline
finance.yahoo.com logoCubic Corporation Announces Semiannual Dividend (NYSE:CUB)
finance.yahoo.com - February 20 at 4:18 PM
News IconIndustry recognition for Cubic Defense New Zealand (NYSE:CUB)
www.upi.com - February 16 at 1:28 PM
finance.yahoo.com logoCubic Defence New Zealand Ranked Top Performing Defence Small and Medium-sized Enterprise by Australian Defence Magazine (NYSE:CUB)
au.finance.yahoo.com - February 16 at 1:28 PM
capitalcube.com logoCubic Corp. :CUB-US: Earnings Analysis: Q1, 2017 By the Numbers : February 15, 2017 (NYSE:CUB)
www.capitalcube.com - February 16 at 1:28 PM
finance.yahoo.com logoCUBIC CORP /DE/ Financials (NYSE:CUB)
finance.yahoo.com - February 16 at 1:28 PM
foxnews.com logoRetired Gen. Kellogg takes over as acting national security adviser after Flynn resigns (NYSE:CUB)
www.foxnews.com - February 14 at 3:19 AM
finance.yahoo.com logoCubic to Address Virtual and Augmented Reality in Naval Aviation Training at WEST 2017 (NYSE:CUB)
finance.yahoo.com - February 13 at 5:17 PM
News IconCubic Corp. Reports Q1 Results (NYSE:CUB)
sdbj.com - February 12 at 9:33 PM
News IconCubic Corp's shares rise nearly 10 percent on improved outlook (NYSE:CUB)
www.sandiegouniontribune.com - February 11 at 3:12 AM
News IconCubic losses down in Q1 (NYSE:CUB)
www.janes.com - February 10 at 4:57 PM
seekingalpha.com logoCubic Corporation's (CUB) CEO Brad Feldmann on Q1 2017 Results - Earnings Call Transcript (NYSE:CUB)
seekingalpha.com - February 10 at 4:57 PM
News IconCubic Corp. Reports Its Q1 Results (NYSE:CUB)
sdbj.com - February 10 at 4:57 PM
finance.yahoo.com logoEdited Transcript of CUB earnings conference call or presentation 9-Feb-17 9:30pm GMT (NYSE:CUB)
finance.yahoo.com - February 10 at 4:57 PM
us.rd.yahoo.com logo4:31 pm Cubic beats by $0.12, beats on revs (NYSE:CUB)
us.rd.yahoo.com - February 9 at 10:01 PM
sg.finance.yahoo.com logoCubic reports 1Q loss (NYSE:CUB)
sg.finance.yahoo.com - February 9 at 10:01 PM
rttnews.com logoEARNINGS SUMMARY: Details of Cubic Corp. Q1 Earnings Report (NYSE:CUB)
www.rttnews.com - February 9 at 5:00 PM
biz.yahoo.com logoQ1 2017 Cubic Corp Earnings Release - After Market Close (NYSE:CUB)
biz.yahoo.com - February 9 at 5:00 PM
biz.yahoo.com logoCUBIC CORP /DE/ Files SEC form 10-Q, Quarterly Report (NYSE:CUB)
biz.yahoo.com - February 9 at 5:00 PM
biz.yahoo.com logoCUBIC CORP /DE/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:CUB)
biz.yahoo.com - February 9 at 5:00 PM
finance.yahoo.com logoCubic Reports Improved First Quarter Fiscal Year 2017 Financial Results (NYSE:CUB)
finance.yahoo.com - February 9 at 5:00 PM
News IconCubic to expand University of Maryland’s smart bus initiative with real-time technology (NYSE:CUB)
traffictechnologytoday.com - February 7 at 10:41 PM
News IconCubic Transportation Awarded $1.1M Contract Extension With University (NYSE:CUB)
sdbj.com - February 6 at 9:41 PM
capitalcube.com logoCubic Corp. breached its 50 day moving average in a Bullish Manner : CUB-US : February 6, 2017 (NYSE:CUB)
www.capitalcube.com - February 6 at 4:38 PM
finance.yahoo.com logoCubic Corporation to Report First Quarter Fiscal Year 2017 Results and Host Conference Call on February 9 (NYSE:CUB)
finance.yahoo.com - February 6 at 4:38 PM
News IconCubic Transportation Awarded $1.1 Million Contract Extension With University (NYSE:CUB)
www.sdbj.com - February 3 at 4:51 PM
News IconCubic to provide expanded NextBus system for U. of Maryland (NYSE:CUB)
www.metro-magazine.com - February 2 at 9:59 PM
News IconDave Buss, Cubic Global Defense President, Named to 2017 Wash100 for Training & Readiness Leadership (NYSE:CUB)
www.govconexec.com - February 2 at 2:58 AM
finance.yahoo.com logoCubic Receives Contract Extension from University of Maryland to Provide Expanded NextBus Capabilities to Students and Staff (NYSE:CUB)
finance.yahoo.com - February 1 at 4:56 PM
News IconCubic Global Defense's David Buss Named Among Top 100 Washington Executives in Government Contracting (NYSE:CUB)
www.masstransitmag.com - February 1 at 3:11 AM
finance.yahoo.com logoCubic Global Defense President David H. Buss Named Among Top 100 Washington Executives in Government Contracting (NYSE:CUB)
finance.yahoo.com - January 30 at 9:29 AM
nasdaq.com logoCubic Asset Management, LLC Buys Medtronic PLC, ITT Corp, Computer Programs and Systems Inc, ... (NYSE:CUB)
www.nasdaq.com - January 26 at 5:45 PM
uk.finance.yahoo.com logoCubic and Transport for London Recognized for Innovation at London First Awards (NYSE:CUB)
uk.finance.yahoo.com - January 26 at 5:45 PM
News IconSmart Parking System 2017 Global Market Analysis,Company Profiles and Industrial Overview Research Report Forecasting to 2022 (NYSE:CUB)
empowerednews.net - January 25 at 5:43 PM
News IconSmart Ticketing System Market by Type, Product, Application, Region, Revenue, Growth Rate and Forecast to 2022 (NYSE:CUB)
www.abnewswire.com - January 25 at 3:14 AM
capitalcube.com logoCubic Corp. – Value Analysis (NYSE:CUB) : January 24, 2017 (NYSE:CUB)
www.capitalcube.com - January 24 at 5:09 PM
News IconCubic to present at Transport Ticketing global conference (NYSE:CUB)
www.greensheet.com - January 23 at 4:55 PM
capitalcube.com logoCubic Corp. breached its 50 day moving average in a Bullish Manner : CUB-US : January 23, 2017 (NYSE:CUB)
www.capitalcube.com - January 23 at 4:55 PM
uk.finance.yahoo.com logoCubic to Present Benefits of Contactless Bankcard Payment at Transport Ticketing Global Conference (NYSE:CUB)
uk.finance.yahoo.com - January 23 at 7:04 AM
News IconCubic Names New Board Member (NYSE:CUB)
socaltech.com - January 21 at 4:35 PM
capitalcube.com logoETFs with exposure to Cubic Corp. : January 20, 2017 (NYSE:CUB)
www.capitalcube.com - January 20 at 5:47 PM
finance.yahoo.com logoCubic Announces Nomination of Maureen Breakiron-Evans for Board of Directors (NYSE:CUB)
finance.yahoo.com - January 19 at 5:49 PM
News IconCubic to demonstrate firearm training solutions at upcoming SHOT show (NYSE:CUB)
gsnmagazine.com - January 13 at 5:18 PM
seekingalpha.com logoCubic (CUB) Presents At 35th Annual J.P. Morgan Healthcare Conference (NYSE:CUB)
seekingalpha.com - January 12 at 4:57 PM
finance.yahoo.com logoCubic to Demonstrate Immersive Simulators for Firearms Training at SHOT Show (NYSE:CUB)
finance.yahoo.com - January 12 at 4:57 PM
News IconCubic appoints new BoD of Intelligent Transport Systems Australia (NYSE:CUB)
techseen.com - January 11 at 10:01 PM
finance.yahoo.com logoCubic Executive Appointed to ITS Australia Board of Directors (NYSE:CUB)
au.finance.yahoo.com - January 10 at 5:32 PM
News IconOff-Street Parking Management System Market is Estimated to be Valued at US$ 5,726.7 Million by 2021 (NYSE:CUB)
emailwire.com - January 9 at 4:22 PM
capitalcube.com logoCubic Corp. breached its 50 day moving average in a Bearish Manner : CUB-US : January 9, 2017 (NYSE:CUB)
www.capitalcube.com - January 9 at 4:22 PM
marketexclusive.com logoAnalyst Activity – Canaccord Genuity Reiterates Buy on Cubic Corporation (NYSE:CUB) (NYSE:CUB)
marketexclusive.com - January 6 at 3:20 AM
finance.yahoo.com logoCubic to Present at 19th Annual Needham Growth Conference (NYSE:CUB)
finance.yahoo.com - January 4 at 5:39 PM

Social

What is Cubic Corporation's stock symbol?

Cubic Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "CUB."

How often does Cubic Corporation pay dividends? What is the dividend yield for Cubic Corporation?

Cubic Corporation announced a semiannual dividend on Tuesday, August 2nd. Stockholders of record on Wednesday, August 31st will be paid a dividend of $0.135 per share on Thursday, September 15th. This represents a dividend yield of 0.65%. The ex-dividend date is Monday, August 29th.

Where is Cubic Corporation's stock going? Where will Cubic Corporation's stock price be in 2017?

4 brokerages have issued twelve-month price targets for Cubic Corporation's shares. Their predictions range from $48.00 to $58.00. On average, they anticipate Cubic Corporation's share price to reach $53.67 in the next year.

When will Cubic Corporation announce their earnings?

Cubic Corporation is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

What are analysts saying about Cubic Corporation stock?

Here are some recent quotes from research analysts about Cubic Corporation stock:

  • According to Zacks Investment Research, "Cubic Corporation is the parent company of two major business segments: defense and transportation. The Cubic Defense Applications group is a world leader in realistic combat training systems, mission support services and defense electronics. Cubic Transportation Systems designs and manufactures automatic fare collection systems for public transit authorities. Cubic Transportation Systems designs, manufactures and integrates automatic fare collection systems for public transit projects throughout the world. This includes rail, bus and parking lot systems. The company supplies contactless smart cards; magnetic stripe cards; device software; and transit hardware including gates, ticket machines and card readers. Cubic Defense Applications provides realistic live combat training systems for military forces as well as virtual training systems, constructive simulation support, force modernization, battle command training and education and engineering & technical support. " (2/14/2017)

  • Needham & Company LLC analysts commented, "CUB posted FQ1 results after the close yesterday that were better than we were expecting. By CUB standards,it was a relatively clean quarter and business appears to be tracking expectations in both the Defense and Transportation segments. CUB's defense business (60% of revs) was stronger than expected, with faster growth in Defense Systems. Mgmt remains optimistic about its pipeline of opportunities in Transportation (40% of revs). CUB appears well positioned to win the large multi-year MTA contactless fare card contract in NYC. Mgmt reaffirmed guidance for 3-6% rev growth for F17 and 10% growth in adj. EBITDA at the midpoint of its F17 guidance. We are tweaking our estimates for F17 and F18 and continue to look for significant improvement in profitability in F18. We reiterate our Buy rating." (2/10/2017)

Who owns Cubic Corporation stock?

Cubic Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.10%), Franklin Resources Inc. (5.19%), RidgeWorth Capital Management LLC (3.43%), State Street Corp (2.58%), Denver Investment Advisors LLC (1.78%) and Artisan Partners Limited Partnership (0.77%). Company insiders that own Cubic Corporation stock include Bradley H Feldmann, Bruce G Blakley, James R Edwards, Janice M Hamby, John D Thomas, John H Warner Jr, John H Warner, Jr, Mark Harrison, Matthew James Cole, Walter C Zable and William J Toti.

Who sold Cubic Corporation stock? Who is selling Cubic Corporation stock?

Cubic Corporation's stock was sold by a variety of institutional investors in the last quarter, including Denver Investment Advisors LLC, Renaissance Technologies LLC, Barrow Hanley Mewhinney & Strauss LLC, AQR Capital Management LLC, Horizon Kinetics LLC, Third Avenue Management LLC and Metropolitan Life Insurance Co. NY.

Who bought Cubic Corporation stock? Who is buying Cubic Corporation stock?

Cubic Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Artisan Partners Limited Partnership, Dimensional Fund Advisors LP, State Street Corp, RidgeWorth Capital Management LLC, Frontier Capital Management Co. LLC, Value Holdings Management CO. LLC and Cortina Asset Management LLC. Company insiders that have bought Cubic Corporation stock in the last two years include Bradley H Feldmann, Bruce G Blakley, James R Edwards, Janice M Hamby, John D Thomas, John H Warner Jr, John H Warner, Jr, Mark Harrison, Matthew James Cole and William J Toti.

How do I buy Cubic Corporation stock?

Shares of Cubic Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Cubic Corporation stock cost?

One share of Cubic Corporation stock can currently be purchased for approximately $52.50.

Cubic Corporation (NYSE:CUB) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Cubic Corporation (NYSE:CUB)

Earnings History Chart

Earnings by Quarter for Cubic Corporation (NYSE:CUB)

Dividend History Chart

Dividend Payments by Quarter for Cubic Corporation (NYSE:CUB)

Last Updated on 2/20/2017 by MarketBeat.com Staff