Cubic Corporation Company Profile (NYSE:CUB)

About Cubic Corporation (NYSE:CUB)

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: Aerospace & Defense
  • Sub-Industry: Aerospace & Defense
  • Symbol: NYSE:CUB
  • CUSIP: 22966910
  • Web: www.cubic.com
Capitalization:
  • Market Cap: $1.44 billion
  • Outstanding Shares: 27,126,000
Average Prices:
  • 50 Day Moving Avg: $49.12
  • 200 Day Moving Avg: $47.34
  • 52 Week Range: $39.58 - $55.65
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 32.15
  • P/E Growth: -0.74
Sales & Book Value:
  • Annual Revenue: $1.45 billion
  • Price / Sales: 0.99
  • Book Value: $24.39 per share
  • Price / Book: 2.18
Dividend:
  • Annual Dividend: $0.27
  • Dividend Yield: 0.5%
Profitability:
  • EBITDA: $53.94 million
  • Net Margins: -2.20%
  • Return on Equity: -4.74%
  • Return on Assets: -2.22%
Debt:
  • Debt-to-Equity Ratio: 0.30%
  • Current Ratio: 1.71%
  • Quick Ratio: 1.41%
Misc:
  • Average Volume: 157,631 shs.
  • Beta: 1.04
  • Short Ratio: 16.61
 

Frequently Asked Questions for Cubic Corporation (NYSE:CUB)

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 Monday, August 14th. Investors of record on Friday, September 1st will be paid a dividend of $0.135 per share on Friday, September 15th. This represents a yield of 0.62%. The ex-dividend date of this dividend is Wednesday, August 30th. View Cubic Corporation's Dividend History.

How were Cubic Corporation's earnings last quarter?

Cubic Corporation (NYSE:CUB) posted its earnings results on Thursday, August, 3rd. The company reported ($0.81) EPS for the quarter, missing analysts' consensus estimates of $0.05 by $0.86. The business earned $361.87 million during the quarter, compared to analysts' expectations of $383.47 million. Cubic Corporation had a negative return on equity of 4.74% and a negative net margin of 2.20%. The company's revenue for the quarter was down 3.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.17 earnings per share. View Cubic Corporation's Earnings History.

When will Cubic Corporation make its next earnings announcement?

Cubic Corporation is scheduled to release their next quarterly earnings announcement on Monday, November, 20th 2017. View Earnings Estimates for Cubic Corporation.

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

6 equities research analysts have issued twelve-month target prices for Cubic Corporation's shares. Their predictions range from $53.00 to $60.00. On average, they expect Cubic Corporation's share price to reach $56.67 in the next year. View Analyst Ratings for Cubic Corporation.

What are analysts saying about Cubic Corporation stock?

Here are some recent quotes from research analysts about Cubic Corporation 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. " (10/10/2017)
  • 2. Canaccord Genuity analysts commented, "Date and time of first dissemination: August 10, 2017, 09:39 ET Date and time of production: August 10, 2017, 09:39 ET Target Price / Valuation Methodology: Cubic Corporation – CUB Our $50 price target is based on the weighted blend of a 33x EPS multiple and a 14x multiple on our adjusted 2018 EBITDA estimate. Risks to achieving Target Price / Valuation: Cubic Corporation – CUB A few of the investment risks for Cubic Corp include the potential for financial statement restatements (the company restated YE2013/2012 on May 2014 and has completed two restatements in the last three years), issues with internal control over financial reporting (the company addressed earlier this year, defense spending by U.S. and allied nations, government contractor bill rates and contracting terms, acquisition integration, FX rates and interest rate movements, contract timing in the CTS business, transport project management and cost control, specific DoD program timing and contract award schedules, technology integration into the government and transport markets, competitive consolidation and program bidding, M&A opportunities and pipeline." (8/10/2017)
  • 3. 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 Corporation's key competitors?

Who are Cubic Corporation's key executives?

Cubic Corporation's management team includes the folowing people:

  • Bradley H. Feldmann, President, Chief Executive Officer, Director
  • John D. Thomas CPA, Chief Financial Officer, Executive Vice President
  • James R. Edwards, Senior Vice President, General Counsel, Secretary
  • Mark A. Harrison CPA, Senior Vice President and Corporate Controller
  • David H. Buss, Senior Vice President and President of Cubic Global Defense
  • Matthew J. Cole, Senior Vice President; President of Cubic Transportation Systems
  • Diane Giuliani, Senior Vice President - global Business Development and Strategy of Cubic Global Defense
  • Michael R. Twyman, Senior Vice President and President, Cubic Mission Solutions
  • Jan Marshall, Chief Information Officer
  • Gregory L. Tanner, Vice President, Treasurer

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.

What is Cubic Corporation's stock price today?

One share of Cubic Corporation stock can currently be purchased for approximately $53.05.


MarketBeat Community Rating for Cubic Corporation (NYSE CUB)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  172 (Vote Outperform)
Underperform Votes:  130 (Vote Underperform)
Total Votes:  302
MarketBeat's community ratings are surveys of what our community members think about Cubic Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Cubic Corporation (NYSE:CUB) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $56.67 (6.82% upside)
Consensus Price Target History for Cubic Corporation (NYSE:CUB)
Price Target History for Cubic Corporation (NYSE:CUB)
Analysts' Ratings History for Cubic Corporation (NYSE:CUB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/11/2017Credit Suisse GroupReiterated RatingOutperform$49.00 -> $58.00N/AView Rating Details
9/28/2017Needham & Company LLCReiterated RatingBuy -> Buy$48.00 -> $56.00MediumView Rating Details
9/25/2017Canaccord GenuityReiterated RatingBuy$50.00 -> $55.00LowView Rating Details
9/22/2017Raymond James Financial, Inc.Boost Price TargetMkt Perform -> BuyLowView Rating Details
8/10/2017J P Morgan Chase & CoUpgradeNeutral -> Overweight$53.00HighView Rating Details
12/22/2016Drexel HamiltonInitiated CoverageBuy$58.00N/AView Rating Details
2/5/2016Benchmark Co.Lower Price TargetBuy$50.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Cubic Corporation (NYSE:CUB)
Earnings by Quarter for Cubic Corporation (NYSE:CUB)
Earnings History by Quarter for Cubic Corporation (NYSE CUB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/20/2017$0.28N/AView Earnings Details
8/3/2017Q3 2017$0.05($0.81)$383.47 million$361.87 millionViewListenView Earnings Details
5/8/2017Q2 2017$0.08$0.02$365.04 million$343.71 millionViewListenView Earnings Details
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$0.65$0.68$321.51 million$338.80 millionViewN/AView Earnings Details
11/25/2014Q414$0.93$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$0.65$0.18$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: $-0.62 EPS
Next Year EPS Consensus Estimate: $1.65 EPS

Dividends

Current Dividend Information for Cubic Corporation (NYSE:CUB)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.27
Dividend Yield:0.51%
Dividend Growth:4.00% (3 Year Average)
Payout Ratio:-22.69% (Trailing 12 Months of Earnings)
-43.55% (Based on This Year's Estimates)
16.36% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Cubic Corporation (NYSE:CUB)

Dividend History by Quarter for Cubic Corporation (NYSE CUB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/14/2017semiannual$0.140.62%8/30/20179/1/20179/15/2017
2/21/2017semiannual$0.140.51%3/1/20173/3/20173/14/2017
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 and Institutional Ownership History for Cubic Corporation (NYSE:CUB)
Insider Ownership Percentage: 7.86%
Institutional Ownership Percentage: 87.91%
Insider Trades by Quarter for Cubic Corporation (NYSE:CUB)
Institutional Ownership by Quarter for Cubic Corporation (NYSE:CUB)
Insider Trades by Quarter for Cubic Corporation (NYSE:CUB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/27/2017Janice M HambyDirectorBuy95$52.95$5,030.25View SEC Filing  
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

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Cubic Corporation (CUB) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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