Cubic Corporation provides systems and solutions for the transportation and defense markets in the United States and internationally. It operates through three segments: Cubic Transportation Systems (CTS), Cubic Global Defense Systems (CGD Systems), and Cubic Global Defense Services (CGD Services). The CTS segment provides fare collection and revenue management devices, software, systems and multiagency, multimodal integration technologies, and operational services for transportation authorities and operators. It also delivers real-time passenger information systems for tracking and predicting vehicle arrival times; urban and inter-urban intelligent transportation and enforcement solutions; and technology and infrastructure maintenance services to city, regional, and national road and transportation agencies. The CGD Systems segment provides live and virtual military training systems, and secure communication systems and products to the U.S. Department of Defense, other U.S. government agencies, and allied nations. It offers instrumented range systems for fighter aircraft, armored vehicles and infantry force-on-force live training weapons effects simulations, laser-based tactical and communication systems, and precision gunnery solutions; secure communications products for intelligence, surveillance, ground combat, and search and rescue markets; and information capture, assessment, exploitation, and dissemination in a secure network-centric environment. The CGD Services segment provides live, virtual and constructive training, real-world mission rehearsal exercises, professional military education, intelligence support, information technology, information assurance and related cyber support, development of military doctrine, consequence management, infrastructure protection, and force protection services, as well as support to field operations and logistics. The company was founded in 1949 and is headquartered in San Diego, California.
Industry, Sector and Symbol
Industry Measuring & controlling devices, not elsewhere classified
Sub-IndustryAerospace & Defense
SectorComputer and Technology
SymbolNYSE:CUB
CUSIP22966910
Phone858-277-6780
Debt
Debt-to-Equity Ratio0.29%
Current Ratio1.65%
Quick Ratio1.37%
Price-To-Earnings
Trailing P/E Ratio-159.51
Forward P/E Ratio55.42
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.49 billion
Price / Sales1.20
Cash Flow$1.4491 per share
Price / Cash45.13
Book Value$25.42 per share
Price / Book2.57
Profitability
EPS (Most Recent Fiscal Year)($0.41)
Net Income$-11,200,000.00
Net Margins-1.21%
Return on Equity-1.27%
Return on Assets-0.63%
Miscellaneous
Employees8,700
Outstanding Shares27,220,000
Cubic (NYSE:CUB) Frequently Asked Questions
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 Semi-Annual dividend on Monday, February 19th. Shareholders of record on Thursday, March 1st will be paid a dividend of $0.135 per share on Monday, March 12th. This represents a yield of 0.44%. The ex-dividend date of this dividend is Wednesday, February 28th. View Cubic's Dividend History.
How were Cubic's earnings last quarter?
Cubic Co. (NYSE:CUB) issued its earnings results on Tuesday, February, 6th. The scientific and technical instruments company reported ($0.36) earnings per share for the quarter, missing the consensus estimate of ($0.03) by $0.33. The scientific and technical instruments company had revenue of $340.70 million for the quarter, compared to the consensus estimate of $338.21 million. Cubic had a negative net margin of 1.21% and a negative return on equity of 1.27%. Cubic's revenue for the quarter was up 1.8% on a year-over-year basis. During the same period last year, the firm posted ($0.11) earnings per share. View Cubic's Earnings History.
When is Cubic's next earnings date?
What price target have analysts set for CUB?
5 brokerages have issued 12-month target prices for Cubic's shares. Their forecasts range from $58.00 to $72.00. On average, they expect Cubic's share price to reach $64.20 in the next year. View Analyst Ratings for Cubic.
What are Wall Street 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. " (3/13/2018)
- 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)
Who are some of Cubic's key competitors?
Some companies that are related to Cubic include FireEye (FEYE), U.S. Cellular (USM), Renishaw (RSW), Liberty Latin America (LILA), Software (SOW), Sogou (SOGO), Sophos Group (SPHHF), Liberty Latin America (LILAK), Zscaler (ZS), MakeMyTrip (MMYT), Qualys (QLYS), Commvault (CVLT), Aveva (AVV), Ellie Mae (ELLI), WESCO International (WCC), Paylocity (PCTY), Generac (GNRC) and BOX (BOX).
Who are Cubic's key executives?
Cubic's management team includes the folowing people:
- Mr. Bradley H. Feldmann, CEO, Pres & Director (Age 56)
- Mr. Matthew James Cole, Sr. VP (Age 38)
- Mr. John D. Thomas, Exec. Advisor (Age 64)
- Mr. Anshooman Aga, CFO & Exec. VP (Age 42)
- Ms. Jan L. Marshall, Chief Information Officer & VP
Has Cubic been receiving favorable news coverage?
News headlines about CUB stock have been trending somewhat positive on Saturday, Accern Sentiment reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cubic earned a daily sentiment score of 0.21 on Accern's scale. They also assigned media stories about the scientific and technical instruments company an impact score of 46.72 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
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, Scottrade, Fidelity and Charles Schwab.
What is Cubic's stock price today?
One share of CUB stock can currently be purchased for approximately $65.40.
How big of a company is Cubic?
Cubic has a market capitalization of $1.81 billion and generates $1.49 billion in revenue each year. The scientific and technical instruments company earns $-11,200,000.00 in net income (profit) each year or ($0.41) on an earnings per share basis. Cubic employs 8,700 workers across the globe.
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]
MarketBeat Community Rating for Cubic (CUB)
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.
Cubic (NYSE:CUB) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for Cubic in the last 12 months. Their average twelve-month price target is $64.20, suggesting that the stock has a possible downside of 1.83%. The high price target for CUB is $72.00 and the low price target for CUB is $58.00. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.80 | 2.80 | 2.80 | 3.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $64.20 | $61.00 | $61.00 | $56.6667 |
| Price Target Upside: | 1.83% downside | 1.75% upside | 1.75% upside | 6.12% upside |
Cubic (NYSE:CUB) Consensus Price Target History
Cubic (NYSE:CUB) Analyst Ratings History
Show:
(Data available from 4/21/2016 forward)
Cubic (NYSE:CUB) Dividend Information
Cubic pays an annual dividend of $0.27 per share, with a dividend yield of 0.41%. CUB's most recent semi-annual dividend payment was Monday, March 12. Cubic pays out -65.85% of its earnings out as a dividend.
| Most Recent Dividend: | 3/12/2018 |
| Annual Dividend: | $0.27 |
| Dividend Yield: | 0.41% |
| Dividend Growth: | 4.00% (3 Year Average) |
| Payout Ratio: | -65.85% (Trailing 12 Months of Earnings)
22.88% (Based on This Year's Estimates)
9.09% (Based on Next Year's Estimates)
|
Cubic (NYSE:CUB) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/19/2018 | Semi-Annual | $0.1350 | 0.44% | 2/28/2018 | 3/1/2018 | 3/12/2018 |
| 8/14/2017 | semiannual | $0.1350 | 0.62% | 8/30/2017 | 9/1/2017 | 9/15/2017 |
| 2/21/2017 | semiannual | $0.1350 | 0.51% | 3/1/2017 | 3/3/2017 | 3/14/2017 |
| 8/2/2016 | semiannual | $0.1350 | 0.65% | 8/29/2016 | 8/31/2016 | 9/15/2016 |
| 2/23/2016 | semiannual | $0.1350 | 0.78% | 3/3/2016 | 3/7/2016 | 3/21/2016 |
| 8/5/2015 | semiannual | $0.1350 | 0.59% | 8/14/2015 | 8/18/2015 | 9/1/2015 |
| 2/26/2015 | semiannual | $0.1350 | 0.52% | 3/5/2015 | 3/9/2015 | 3/20/2015 |
| 7/31/2014 | semiannual | $0.12 | 0.54% | 8/7/2014 | 8/11/2014 | 8/25/2014 |
| 2/19/2014 | semiannual | $0.12 | 0.45% | 2/27/2014 | 3/3/2014 | 3/14/2014 |
| 8/9/2013 | semiannual | $0.12 | 0.46% | 8/16/2013 | 8/20/2013 | 9/4/2013 |
| 2/13/2013 | semiannual | $0.12 | 0.53% | 2/21/2013 | 2/25/2013 | 3/11/2013 |
(Data available from 1/1/2013 forward)
Cubic (NYSE CUB) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 7.90%
Institutional Ownership Percentage: 88.76%
Cubic (NYSE CUB) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 2/27/2017 | Janice M Hamby | Director | Buy | 95 | $52.95 | $5,030.25 | 718 |  |
| 11/28/2016 | Bradley H Feldmann | CEO | Buy | 11 | $46.33 | $509.63 | 23,747 | |
| 11/28/2016 | Janice M Hamby | Director | Buy | 100 | $47.25 | $4,725.00 | 623 | |
| 8/19/2016 | Janice M Hamby | Director | Buy | 200 | $47.60 | $9,520.00 | 230 | |
| 2/29/2016 | Janice M Hamby | Director | Buy | 30 | $35.15 | $1,054.50 | 30 | |
| 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 | 11,004 | |
| 2/17/2016 | John H Warner Jr | Director | Buy | 3,000 | $32.94 | $98,820.00 | 17,726 | |
| 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 | 1,581 | |
| 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 | 14,726 | |
| 2/8/2016 | James R. Edwards | SVP | Buy | 322 | $31.07 | $10,004.54 | 45 | |
| 2/8/2016 | Matthew James Cole | Insider | Buy | 634 | $31.30 | $19,844.20 | 1,747 | |
| 11/10/2015 | Walter C Zable | Chairman | Sell | 10,000 | $44.27 | $442,700.00 | 958 | |
| 11/9/2015 | Walter C Zable | Chairman | Sell | 10,000 | $44.64 | $446,400.00 | 958 | |
| 11/2/2015 | Walter C Zable | Chairman | Sell | 183,060 | $44.81 | $8,202,918.60 | 958 | |
| 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 | | |
(Data available from 1/1/2013 forward)
Cubic (NYSE CUB) News Headlines
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Cubic (NYSE:CUB) SEC Filings
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Cubic (NYSE:CUB) Income Statement, Balance Sheet and Cash Flow Statement
Cubic (NYSE CUB) Stock Chart for Saturday, April, 21, 2018
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