Cubic 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
- Symbol: NYSE:CUB
- CUSIP: 22966910
- Web: www.cubic.com
- Market Cap: $1.27 billion
- Outstanding Shares: 27,110,000
- 50 Day Moving Avg: $48.97
- 200 Day Moving Avg: $49.35
- 52 Week Range: $37.24 - $55.65
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 23.95
- P/E Growth: 1.11
- Annual Revenue: $1.46 billion
- Price / Sales: 0.87
- Book Value: $24.79 per share
- Price / Book: 1.88
- Annual Dividend: $0.27
- Dividend Yield: 0.6%
- EBIDTA: $73.37 million
- Net Margins: 0.29%
- Return on Equity: 0.61%
- Return on Assets: 0.29%
- Debt-to-Equity Ratio: 0.30%
- Current Ratio: 1.50%
- Quick Ratio: 1.29%
- Average Volume: 127,430 shs.
- Beta: 0.97
- Short Ratio: 12.64
Frequently Asked Questions for Cubic (NYSE:CUB)
What is Cubic's stock symbol?
Cubic trades on the New York Stock Exchange (NYSE) under the ticker symbol "CUB."
How often does Cubic pay dividends? What is the dividend yield for Cubic?
Cubic announced a semiannual dividend on Tuesday, February 21st. Stockholders of record on Friday, March 3rd will be given a dividend of $0.135 per share on Tuesday, March 14th. This represents a dividend yield of 0.51%. The ex-dividend date is Wednesday, March 1st. View Cubic's Dividend History.
How were Cubic's earnings last quarter?
Cubic Co. (NYSE:CUB) released its earnings results on Monday, May, 8th. The company reported $0.02 EPS for the quarter, missing the Zacks' consensus estimate of $0.08 by $0.06. The firm had revenue of $343.71 million for the quarter, compared to the consensus estimate of $365.04 million. Cubic had a return on equity of 0.61% and a net margin of 0.29%. Cubic's quarterly revenue was down 6.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.38 EPS. View Cubic's Earnings History.
Where is Cubic's stock going? Where will Cubic's stock price be in 2017?
4 equities research analysts have issued 12-month price objectives for Cubic's stock. Their predictions range from $48.00 to $58.00. On average, they expect Cubic's share price to reach $52.67 in the next twelve months. View Analyst Ratings for Cubic.
What are analysts saying about Cubic stock?
Here are some recent quotes from research analysts about Cubic stock:
- 1. 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. " (4/12/2017)
- 2. 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 are some of Cubic's key competitors?
Some companies that are related to Cubic include II-VI (IIVI), ESCO Technologies (ESE), Fitbit (FIT), Badger Meter (BMI), MTS Systems (MTSC), Rudolph Technologies (RTEC), FARO Technologies (FARO), Landauer (LDR), Vishay Precision Group (VPG), CyberOptics (CYBE), Perceptron (PRCP), Mitcham Industries (MIND), Digital Ally (DGLY), Transgenomic (TBIO), Affymetrix (AFFX), American Science & Engineering (ASEI), Cepheid (CPHD) and FEI Company (FEIC).
Who owns Cubic stock?
Cubic's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.95%), Vanguard Group Inc. (7.95%), Wellington Management Group LLP (7.91%), Dimensional Fund Advisors LP (5.99%), State of New Jersey Common Pension Fund D (3.84%) and Pzena Investment Management LLC (3.39%). Company insiders that own Cubic 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. View Institutional Ownership Trends for Cubic.
Who sold Cubic stock? Who is selling Cubic stock?
Cubic's stock was sold by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., River Road Asset Management LLC, Kennedy Capital Management Inc., Teachers Advisors LLC, Morgan Stanley, Bank of America Corp DE, State of New Jersey Common Pension Fund D and Value Holdings Management CO. LLC. View Insider Buying and Selling for Cubic.
Who bought Cubic stock? Who is buying Cubic stock?
Cubic's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Cortina Asset Management LLC, American Century Companies Inc., Vanguard Group Inc., Granite Investment Partners LLC, GW&K Investment Management LLC, State Street Corp and Tygh Capital Management Inc.. Company insiders that have bought Cubic 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. View Insider Buying and Selling for Cubic.
How do I buy Cubic stock?
Shares of Cubic 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 stock cost?
One share of Cubic stock can currently be purchased for approximately $46.70.
Earnings History for Cubic (NYSE:CUB)Earnings History by Quarter for Cubic (NYSE:CUB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/8/2017||Q2 2017||$0.08||$0.02||$365.04 million||$343.71 million||View||Listen|
|2/9/2017||Q1 2017||($0.06)||($0.11)||$330.36 million||$334.70 million||View||Listen|
|11/21/2016||Q416||$0.17||($0.29)||$390.30 million||$406.60 million||View||N/A|
|8/3/2016||Q316||$0.29||$0.17||$387.41 million||$375.20 million||View||N/A|
|5/2/2016||Q216||$0.23||$0.38||$349.70 million||$366.00 million||View||N/A|
|2/4/2016||Q116||$0.28||($0.20)||$330.33 million||$313.81 million||View||N/A|
|11/23/2015||Q315||$0.96||$0.74||$411.17 million||$425.90 million||View||Listen|
|8/6/2015||Q215||$0.57||$0.33||$355.51 million||$347.80 million||View||N/A|
|5/18/2015||Q115||$0.65||$0.68||$321.51 million||$338.80 million||View||N/A|
|11/25/2014||Q414||$0.93||$1.22||$390.50 million||$396.40 million||View||N/A|
|8/4/2014||Q314||$0.75||$0.45||$370.90 million||$340.40 million||View||N/A|
|5/12/2014||Q214||$0.65||$0.60||$316.08 million||$354.50 million||View||N/A|
|8/1/2013||Q3 2013||$0.65||$0.69||$349.55 million||$340.45 million||View||N/A|
|5/2/2013||Q2 2013||$0.67||$1.02||$334.37 million||$364.30 million||View||N/A|
|2/11/2013||Q1 2013||$0.70||$0.47||$315.77 million||$313.37 million||View||N/A|
|12/9/2010||$0.62||$0.63||$295.08 million||$347.71 million||View||N/A|
Earnings Estimates for Cubic (NYSE:CUB)
Current Year EPS Consensus Estimate: $0.18 EPS
Next Year EPS Consensus Estimate: $1.95 EPS
Current Dividend Information for Cubic (NYSE:CUB)
|Most Recent Dividend:||3/14/2017|
|Dividend Growth:||4.00% (3 Year Average)|
|Payout Ratio:||180.00% (Trailing 12 Months of Earnings) |
150.00% (Based on This Year's Estimates)
13.85% (Based on Next Year's Estimates)
Dividend History by Quarter for Cubic (NYSE:CUB)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Cubic (NYSE:CUB)
Insider Ownership Percentage: 7.73%Insider Trades by Quarter for Cubic (NYSE:CUB)
Institutional Ownership Percentage: 90.32%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/27/2017||Janice M Hamby||Director||Buy||95||$52.95||$5,030.25|| |
|11/28/2016||Bradley H Feldmann||CEO||Buy||11||$46.33||$509.63|| |
|11/28/2016||Janice M Hamby||Director||Buy||100||$47.25||$4,725.00|| |
|8/19/2016||Janice M Hamby||Director||Buy||200||$47.60||$9,520.00|| |
|2/29/2016||Janice M Hamby||Director||Buy||30||$35.15||$1,054.50|| |
|2/25/2016||Bruce G Blakley||Director||Buy||200||$33.92||$6,784.00|| |
|2/19/2016||Bradley H Feldmann||CEO||Buy||3,050||$33.36||$101,748.00|| |
|2/17/2016||John H Warner Jr||Director||Buy||3,000||$32.94||$98,820.00|| |
|2/12/2016||John D Thomas||CFO||Buy||100||$31.48||$3,148.00|| |
|2/12/2016||William J Toti||SVP||Buy||625||$32.14||$20,087.50|| |
|2/11/2016||Mark Harrison||SVP||Buy||1,000||$31.20||$31,200.00|| |
|2/10/2016||John D. Thomas||CFO||Buy||2,000||$31.46||$62,920.00|| |
|2/9/2016||John H. Warner, Jr.||Director||Buy||9,000||$31.71||$285,390.00|| |
|2/8/2016||James R. Edwards||SVP||Buy||322||$31.07||$10,004.54|| |
|2/8/2016||Matthew James Cole||Insider||Buy||634||$31.30||$19,844.20|| |
|11/10/2015||Walter C Zable||Chairman||Sell||10,000||$44.27||$442,700.00|| |
|11/9/2015||Walter C Zable||Chairman||Sell||10,000||$44.64||$446,400.00|| |
|11/2/2015||Walter C Zable||Chairman||Sell||183,060||$44.81||$8,202,918.60|| |
|6/24/2015||Walter C Zable||Chairman||Sell||31,400||$49.83||$1,564,662.00|| |
|6/23/2015||Walter C Zable||Chairman||Sell||70,000||$49.63||$3,474,100.00|| |
|6/22/2015||Walter C Zable||Chairman||Sell||33,053||$49.02||$1,620,258.06|| |
|12/22/2014||Bradley H Feldmann||CEO||Sell||7,700||$53.22||$409,794.00|| |
|10/1/2014||John D Thomas||CFO||Sell||2,500||$53.75||$134,375.00|| |
|8/19/2014||Stephen O Shewmaker||EVP||Sell||1,000||$45.82||$45,820.00|| |
|6/12/2014||William W Boyle||CEO||Sell||1,360||$48.15||$65,484.00|| |
|12/18/2013||Bradley Feldmann||COO||Sell||4,015||$49.15||$197,337.25|| |
|6/19/2013||Karen Zable Cox||Major Shareholder||Sell||347,250||$45.75||$15,886,687.50|| |
|5/21/2013||Karen Zable Cox||Major Shareholder||Sell||2,315,000||$45.75||$105,911,250.00|| |
|12/21/2012||Karen Zable Cox||Major Shareholder||Sell||15,000||$47.90||$718,500.00|| |
Headline Trends for Cubic (NYSE:CUB)
Latest Headlines for Cubic (NYSE:CUB)
Cubic (CUB) Chart for Sunday, May, 28, 2017