TSE:CUB

CubicFarm Systems - CUB Stock Forecast, Price & News

C$0.45

+0.02 (+3.45%)

(As of 08/8/2022 10:01 AM ET)

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Today's Range: C$0.44
▼
C$0.45
50-Day Range: C$0.39
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C$0.56
52-Week Range: C$0.35
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C$1.70

Volume: 29,825 shs
Average Volume: 96,311 shs
Market Capitalization: C$80.26 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$1.32

CubicFarm Systems MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 192.6% Upside
C$1.32 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
C$2,550 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.53 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
CubicFarm Systems has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$1.32, CubicFarm Systems has a forecasted upside of 192.6% from its current price of C$0.45.
Amount of Analyst Coverage
CubicFarm Systems has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CUB.

0.0

Dividend Strength

Dividend Yield
CubicFarm Systems does not currently pay a dividend.
Dividend Growth
CubicFarm Systems does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CUB.

0.6

News and Social Media Coverage

Search Interest
1 people have searched for CUB on MarketBeat in the last 30 days.
MarketBeat Follows
Only 1 people have added CubicFarm Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CubicFarm Systems insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$2,550.00 in company stock and sold C$0.00 in company stock.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of CubicFarm Systems is -2.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of CubicFarm Systems is -2.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
CubicFarm Systems has a P/B Ratio of 2.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About CubicFarm Systems (TSE:CUB) Stock

CubicFarm Systems Corp. develops, manufactures, and sells cubic farming systems for farmers worldwide. The company offers CubicFarm System and CubicFarms' HydroGreen Grow System. Its systems help farmers to produce lettuce, basil, microgreens, nutraceutical ingredients, and animal feed. The company was formerly known as Forty Foot Farms Ltd. and changed its name to CubicFarms Systems Corp. in June 2016. CubicFarms Systems Corp was incorporated in 2015 and is headquartered in Langley, Canada.

CubicFarm Systems Stock Performance

Shares of TSE:CUB traded up C$0.01 during midday trading on Friday, reaching C$0.44. 2,260 shares of the company's stock traded hands, compared to its average volume of 96,950. The company has a market cap of C$77.58 million and a price-to-earnings ratio of -2.08. The company has a debt-to-equity ratio of 13.28, a quick ratio of 1.10 and a current ratio of 2.25. CubicFarm Systems has a one year low of C$0.35 and a one year high of C$1.70. The stock has a 50 day moving average of C$0.46 and a 200 day moving average of C$0.83.

CubicFarm Systems (TSE:CUB - Get Rating) last issued its quarterly earnings results on Monday, May 16th. The company reported C($0.05) EPS for the quarter, hitting analysts' consensus estimates of C($0.05). The company had revenue of C$0.24 million during the quarter, compared to analysts' expectations of C$1.98 million. As a group, equities research analysts anticipate that CubicFarm Systems will post -0.07 EPS for the current fiscal year.

Analyst Ratings Changes

CUB has been the subject of a number of research analyst reports. Raymond James downgraded CubicFarm Systems to a "hold" rating and set a C$1.00 price target for the company. in a research report on Friday, June 17th. Stifel Nicolaus reduced their price target on CubicFarm Systems from C$1.10 to C$0.95 in a research note on Monday, June 6th.

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CUB Stock News Headlines

July 15, 2022 | theglobeandmail.com

Cubicfarm Systems Corp stock shrank on Friday.

June 28, 2022 | marketwatch.com

CubicFarm Systems Shares Rise on Growing Module Order Worth C$4.4M

June 28, 2022 | marketwatch.com

CubicFarm Systems gets C$4.4M Order for Indoor Growing Modules

June 17, 2022 | finance.yahoo.com

CubicFarm Systems Corp. Announces Results of Annual Meeting of Shareholders

June 14, 2022 | finance.yahoo.com

CubicFarms Announces $3.8M HydroGreen Sale in West Texas

June 2, 2022 | finance.yahoo.com

IIROC Trading Halt - CUB.DB

May 27, 2022 | finance.yahoo.com

CubicFarm Systems Corp. Announces Pricing of $10 Million Overnight Marketed Offering

May 27, 2022 | finance.yahoo.com

IIROC Trade Resumption - CUB

May 17, 2022 | finance.yahoo.com

CubicFarms and Deloitte Join Forces on New Carbon Commercialization Program

May 12, 2022 | finance.yahoo.com

CubicFarm Data Shows its Systems Use 54% to 62% Less Energy Than Typical Vertical Farms

April 5, 2022 | finance.yahoo.com

Analysts Expect Breakeven For CubicFarm Systems Corp. (TSE:CUB) Before Long

April 1, 2022 | ca.finance.yahoo.com

Stocks in play: CubicFarm Systems Corp.

March 31, 2022 | finance.yahoo.com

CubicFarm Systems Corp. Announces Fourth-Quarter and Full-Year 2021 Financial Results

March 25, 2022 | marketwatch.com

CubicFarm Appoints Edoardo De Martin as President

March 25, 2022 | finance.yahoo.com

CubicFarms Appoints Edoardo De Martin as President

March 11, 2022 | finance.yahoo.com

HydroGreen Named Global Finalist for SXSW Innovation Awards in "New Economy" Category

March 5, 2022 | uk.investing.com

CubicFarm Systems Corp (CUB)

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CUB Company Calendar

Last Earnings: 5/16/2022
Today: 8/08/2022
Next Earnings (Estimated): 8/29/2022

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Small Arms Ammunition Manufacturing
Sub-Industry: N/A
Sector: Manufacturing
Current Symbol: TSE:CUB
CUSIP: N/A
CIK: N/A
Web: www.cubic.com
Phone: 18586230489
Fax: N/A
Employees: 150
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$1.32
High Stock Price Forecast: C$2.00
Low Stock Price Forecast: C$0.95
Forecasted Upside/Downside: +192.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 13.28
Current Ratio: 2.25
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: C$1.61 million
Price / Sales: 49.84
Cash Flow: C$0.07 per share
Price / Cash Flow: 6.18
Book Value: C$0.18 per share
Price / Book: 2.45

Miscellaneous

Outstanding Shares: 178,347,000
Free Float: N/A
Market Cap: C$80.26 million
Optionable: Optionable
Beta: N/A

Key Executives

Mr. Dave Rodjer Dinesen
CEO & Director
Mr. Edoardo De Martin
Member of Scientific Advisory Board, CTO & Pres
Mr. Leo Benne (Age 54)
Founder, Head of Invention, Chief Product Officer, Member of Scientific Advisory Board & Dir.
Comp: $241.67k
Mr. Dan Schmidt
Pres of HydroGreen International
Mr. Carlos K. H. Yam
Chief Financial Officer
Andrea Magee
Communications Mang.
Ms. Jo-Ann Ostermann
Chief Customer Officer
Mr. Thomas Liston CFA
MA (Econ), VP of Corp. Devel.
Ms. Amanda van Tilborg
VP of HR
Mr. Dino Accili
Chief Revenue Officer

Key Competitors

View All Competitors

Insiders & Institutions

David Rodjer Dinesen
Bought 6,000 shares on 6/22/2022
Total: C$2,550.00 ($0.43/share)

View All Insider Transactions
View All Institutional Transactions

CUB Stock - Frequently Asked Questions

Should I buy or sell CubicFarm Systems stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CubicFarm Systems in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CubicFarm Systems stock.
View analyst ratings for CubicFarm Systems or view top-rated stocks.
What is CubicFarm Systems' stock price forecast for 2022?: 3 Wall Street research analysts have issued 1 year price targets for CubicFarm Systems' shares. Their CUB stock forecasts range from C$0.95 to C$2.00. On average, they predict CubicFarm Systems' share price to reach C$1.32 in the next twelve months. This suggests a possible upside of 192.6% from the stock's current price.
View analysts' price targets for CubicFarm Systems or view top-rated stocks among Wall Street analysts.
How has CubicFarm Systems' stock price performed in 2022?: CubicFarm Systems' stock was trading at C$1.17 at the beginning of 2022. Since then, CUB stock has decreased by 61.5% and is now trading at C$0.45.
View the best growth stocks for 2022 here.
When is CubicFarm Systems' next earnings date?: CubicFarm Systems is scheduled to release its next quarterly earnings announcement on Monday, August 29th 2022.
View our earnings forecast for CubicFarm Systems.

How were CubicFarm Systems' earnings last quarter?: CubicFarm Systems Corp. (TSE:CUB) posted its quarterly earnings data on Monday, May, 16th. The company reported ($0.05) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.05). The firm earned $0.24 million during the quarter, compared to the consensus estimate of $1.98 million.
What is CubicFarm Systems' stock symbol?: CubicFarm Systems trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CUB."
How do I buy shares of CubicFarm Systems?: Shares of CUB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is CubicFarm Systems' stock price today?: One share of CUB stock can currently be purchased for approximately C$0.45.
How much money does CubicFarm Systems make?: CubicFarm Systems (TSE:CUB) has a market capitalization of C$80.26 million and generates C$1.61 million in revenue each year.
How many employees does CubicFarm Systems have?: CubicFarm Systems employs 150 workers across the globe.
How can I contact CubicFarm Systems?: CubicFarm Systems' mailing address is 9333 Balboa Ave, San Diego, California 92123-1515. The official website for CubicFarm Systems is www.cubic.com. The company can be reached via phone at 18586230489.

This page (TSE:CUB) was last updated on 8/8/2022 by MarketBeat.com Staff

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CubicFarm Systems - CUB Stock Forecast, Price & News

CubicFarm Systems MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About CubicFarm Systems (TSE:CUB) Stock

CubicFarm Systems Stock Performance

Analyst Ratings Changes

CUB Stock News Headlines

CUB Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CUB Stock - Frequently Asked Questions

Should I buy or sell CubicFarm Systems stock right now?

What is CubicFarm Systems' stock price forecast for 2022?

How has CubicFarm Systems' stock price performed in 2022?

When is CubicFarm Systems' next earnings date?

How were CubicFarm Systems' earnings last quarter?

What is CubicFarm Systems' stock symbol?

How do I buy shares of CubicFarm Systems?

What is CubicFarm Systems' stock price today?

How much money does CubicFarm Systems make?

How many employees does CubicFarm Systems have?

How can I contact CubicFarm Systems?

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