NYSE:CUBCubic Stock Price, Forecast & News

Cubic's stock was trading at $45.99 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CUB stock has decreased by 10.4% and is now trading at $41.21. View which stocks have been most impacted by Coronavirus.

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.

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

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

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

7 brokerages have issued 1-year target prices for Cubic's stock. Their forecasts range from $37.00 to $67.00. On average, they anticipate Cubic's share price to reach $53.29 in the next year. This suggests a possible upside of 29.3% from the stock's current price. View analysts' price targets for Cubic.

Media headlines about CUB stock have trended extremely negative recently, InfoTrie reports. InfoTrie ranks the sentiment of press 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 -4.0 on InfoTrie's scale. They also gave news coverage about the scientific and technical instruments company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutCubic.

Cubic saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,400,000 shares, a drop 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 shares of the stock are sold short. View Cubic's Current Options Chain.

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

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).

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

Cubic's stock is owned by a variety of 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.

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

CUB stock was purchased 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.

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.

One share of CUB stock can currently be purchased for approximately $41.21.

Cubic has a market capitalization of $1.29 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.

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

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]