NYSE:CUBCubic Stock Price, Forecast & News

$44.33

+1.50 (+3.50 %)

(As of 06/3/2020 09:46 AM ET)

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Today's Range

$43.94

Now: $44.33▼

$44.33

50-Day Range

$32.31

MA: $37.25▼

$44.00

52-Week Range

$30.86

Now: $44.33▼

$75.20

Volume3,674 shs

Average Volume377,998 shs

Market Capitalization$1.39 billion

P/E Ratio14.16

Dividend Yield0.65%

Beta1.11

Cubic Corporation designs, integrates, and operates systems, products, and services for command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) customers worldwide. The company operates through three segments: Cubic Transportation Systems (CTS), Cubic Mission Solutions (CMS), and Cubic Global Defense Systems (CGD). The CTS segment integrates payment and information technology and services for intelligent travel solutions. It delivers integrated systems for transportation and traffic management; and tools for travelers to choose the smartest and easiest way to travel and pay for their journeys, as well as enables transportation authorities and agencies to manage demand across the entire transportation network. The CMS segment offers networked C4ISR solutions for defense, intelligence, security, and commercial missions. The CGD Systems segment supplies live, virtual, constructive, and game-based training solutions to the U.S. Department of Defense, other U.S. government agencies, and allied nations. Cubic Corporation has a partnership agreement with the University of Alabama in Huntsville (UAH) College of Nursing to develop and test an emergency ventilator device. The company was incorporated in 1949 and is headquartered in San Diego, California.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Cubic has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $53.29, Cubic has a potential upside of 20.2% from its current price of $44.33.
Amount of Analyst Coverage
Cubic has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.8 Community Rank

Outperform Votes
Cubic has received 410 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cubic has received 330 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cubic has received 55.41% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Cubic and other stocks. Vote “Outperform” if you believe CUB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CUB will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Cubic is a leading dividend payer. It pays a dividend yield of 0.65%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cubic does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cubic is 8.63 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Cubic will have a dividend payout ratio of 7.24 % next year. This indicates that Cubic will be able to sustain or increase its dividend.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cubic insiders have bought 100.13% more of their company's stock than they have sold. Specifically, they have bought $338,062.00 in company stock and sold $168,925.00 in company stock.
Percentage Held by Insiders
Only 0.58% of the stock of Cubic is held by insiders.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Cubic are expected to grow by 35.64% in the coming year, from $2.75 to $3.73 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cubic is 14.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.89.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cubic is 14.16, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.94.
Price to Book Value per Share Ratio
Cubic has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.03 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Measuring & controlling devices, not elsewhere classified

Sub-IndustryAerospace & Defense

SectorComputer and Technology

Current SymbolNYSE:CUB

Previous Symbol

CUSIP22966910

CIK26076

Webwww.cubic.com

Phone858-277-6780

Debt

Debt-to-Equity Ratio0.67

Current Ratio1.20

Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio14.16

Forward P/E Ratio16.12

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.50 billion

Price / Sales0.93

Cash Flow$5.49 per share

Price / Cash Flow8.08

Book Value$31.45 per share

Price / Book1.41

Profitability

EPS (Most Recent Fiscal Year)$3.13

Net Income$49.69 million

Net Margins0.40%

Return on Equity5.64%

Return on Assets2.74%

Miscellaneous

Employees6,200

Outstanding Shares31,300,000

Market Cap$1.39 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Cubic (NYSE:CUB) Frequently Asked Questions

How has Cubic's stock been impacted by COVID-19 (Coronavirus)?

Cubic's stock was trading at $45.99 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CUB stock has decreased by 3.6% and is now trading at $44.33. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Cubic?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cubic in the last year. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cubic.

When is Cubic's next earnings date?

Cubic is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Cubic.

How were Cubic's earnings last quarter?

Cubic Co. (NYSE:CUB) announced its quarterly earnings data on Wednesday, May, 6th. The scientific and technical instruments company reported ($0.12) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.11) by $0.01. The scientific and technical instruments company had revenue of $321.50 million for the quarter, compared to analyst estimates of $342.23 million. Cubic had a net margin of 0.40% and a return on equity of 5.64%. The business's revenue for the quarter was down 4.6% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.26) earnings per share. View Cubic's earnings history.

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

Cubic declared a Semi-Annual dividend on Monday, February 17th. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.135 per share on Thursday, March 12th. This represents a dividend yield of 0.4%. The ex-dividend date of this dividend is Friday, February 28th. View Cubic's dividend history.

What price target have analysts set for CUB?

7 brokerages have issued 1-year price objectives for Cubic's stock. Their forecasts range from $37.00 to $67.00. On average, they expect Cubic's share price to reach $53.29 in the next year. This suggests a possible upside of 20.2% from the stock's current price. View analysts' price targets for Cubic.

Has Cubic been receiving favorable news coverage?

Media stories about CUB stock have been trending positive recently, InfoTrie reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cubic earned a media sentiment score of 2.4 on InfoTrie's scale. They also assigned media stories about the scientific and technical instruments company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutCubic.

Are investors shorting Cubic?

Cubic saw a decline in short interest in May. As of May 15th, there was short interest totaling 3,400,000 shares, a decline of 9.1% from the April 30th total of 3,740,000 shares. Based on an average trading volume of 417,000 shares, the days-to-cover ratio is currently 8.2 days. Currently, 11.0% of the company's shares are sold short. View Cubic's Current Options Chain.

Who are some of Cubic's key competitors?

Some companies that are related to Cubic include Lockheed Martin (LMT), Honeywell International (HON), Boeing (BA), Northrop Grumman (NOC), United Technologies (UTX), General Dynamics (GD), TransDigm Group (TDG), Heico (HEI), Teledyne Technologies (TDY), Huntington Ingalls Industries (HII), Textron (TXT), Axon Enterprise (AAXN), Curtiss-Wright (CW), Aerojet Rocketdyne (AJRD) and Hexcel (HXL). View all competitors.

What other stocks do shareholders of Cubic own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cubic investors own include AbbVie (ABBV), NVIDIA (NVDA), Boeing (BA), Delta Air Lines (DAL), Applied Materials (AMAT), Walt Disney (DIS), Micron Technology (MU), Roku (ROKU), Square (SQ) and Advanced Micro Devices (AMD).

Who are Cubic's key executives?

Cubic's management team includes the following people:

Mr. Bradley H. Feldmann, Chairman, CEO & Pres (Age 58, Pay $1.76M)
Mr. Anshooman Aga, CFO & Exec. VP (Age 44, Pay $848.65k)
Mr. Michael Knowles, Sr. VP & Pres of Cubic Global Defense (Age 52, Pay $639.84k)
Mr. Michael R. Twyman, Sr. VP & Pres of Cubic Mission Solutions (Age 59, Pay $1.08M)
Mr. Min Wei, Sr. VP of Operations

What is Cubic's stock symbol?

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

Who are Cubic's major shareholders?

Cubic's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (15.88%), State Street Corp (6.00%), Invesco Ltd. (3.64%), Ceredex Value Advisors LLC (3.63%), Franklin Resources Inc. (2.43%) and Janus Henderson Group PLC (1.90%). Company insiders that own Cubic stock include Anshooman Aga, Bradley H Feldmann, Bruce G Blakley, David F Melcher, David H Buss, Edwin A Guiles, James R Edwards, Jeffrey B Lowinger, John H Warner Jr, Mark Harrison and Maureen Breakiron-Evans. View institutional ownership trends for Cubic.

Which major investors are selling Cubic stock?

CUB stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Rice Hall James & Associates LLC, Rice Hall James & Associates LLC, Morgan Stanley, Morgan Stanley, Invesco Ltd., Blair William & Co. IL, and Deutsche Bank AG. View insider buying and selling activity for Cubic.

Which major investors are buying Cubic stock?

CUB stock was acquired by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Ceredex Value Advisors LLC, Federated Hermes Inc., Squarepoint Ops LLC, AMI Asset Management Corp, Russell Investments Group Ltd., State Street Corp, and FDx Advisors Inc.. Company insiders that have bought Cubic stock in the last two years include Anshooman Aga, Bradley H Feldmann, David F Melcher, Edwin A Guiles, James R Edwards, Jeffrey B Lowinger, John H Warner Jr, Mark Harrison, and Maureen Breakiron-Evans. View insider buying and selling activity for Cubic.

How do I buy shares of Cubic?

Shares of CUB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Cubic's stock price today?

One share of CUB stock can currently be purchased for approximately $44.33.

How big of a company is Cubic?

Cubic has a market capitalization of $1.39 billion and generates $1.50 billion in revenue each year. The scientific and technical instruments company earns $49.69 million in net income (profit) each year or $3.13 on an earnings per share basis. Cubic employs 6,200 workers across the globe.

What is Cubic's official website?

The official website for Cubic is www.cubic.com.

How can I contact Cubic?

Cubic's mailing address is 9333 Balboa Avenue, San Diego CA, 92123. The scientific and technical instruments company can be reached via phone at 858-277-6780 or via email at [email protected]

This page was last updated on 6/3/2020 by MarketBeat.com Staff