Should I buy or sell Vecima Networks stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vecima Networks in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" VCM shares. View VCM analyst ratings or view top-rated stocks .

What is Vecima Networks' stock price target for 2024?

2 Wall Street research analysts have issued 1 year price objectives for Vecima Networks' shares. Their VCM share price targets range from C$27.00 to C$28.00. On average, they anticipate the company's share price to reach C$27.67 in the next year. This suggests a possible upside of 67.7% from the stock's current price. View analysts price targets for VCM or view top-rated stocks among Wall Street analysts .

How have VCM shares performed in 2023?

Vecima Networks' stock was trading at C$19.39 on January 1st, 2023. Since then, VCM shares have decreased by 14.9% and is now trading at C$16.50. View the best growth stocks for 2023 here .

When is Vecima Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024. View our VCM earnings forecast .

How were Vecima Networks' earnings last quarter?

Vecima Networks Inc. (TSE:VCM) posted its quarterly earnings data on Thursday, September, 21st. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.14. The firm earned $75.52 million during the quarter, compared to the consensus estimate of $73.41 million. Vecima Networks had a net margin of 6.67% and a trailing twelve-month return on equity of 9.49%.

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

Vecima Networks declared a quarterly dividend on Thursday, November 23rd. Stockholders of record on Monday, December 18th will be paid a dividend of 0.055 per share on Monday, December 18th. This represents a $0.22 annualized dividend and a dividend yield of 1.33%. The ex-dividend date is Thursday, November 23rd. Read our dividend analysis for VCM .

Is Vecima Networks a good dividend stock?

Vecima Networks (TSE:VCM) pays an annual dividend of C$0.22 per share and currently has a dividend yield of 1.26%. The dividend payout ratio is 27.16%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for VCM .

What other stocks do shareholders of Vecima Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Vecima Networks investors own include Acadian Timber (ADN) , Alibaba Group (BABA) , Bank of Nova Scotia (BNS) , Cameco (CCO) , Clearwater Seafoods Incorporated (CLR.TO) (CLR) , Canadian Utilities (CU) , Canadian Western Bank (CWB) , Echelon Financial Holdings Inc. (EFH.TO) (EFH) and Intertape Polymer Group (ITP) .

How do I buy shares of Vecima Networks?

Shares of VCM 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 .

Vecima Networks Stock Price, News & Analysis (TSE:VCM)

C$16.50

-0.25 (-1.49%)

(As of 11/29/2023 ET)

Compare

Today's Range: C$16.50
▼
C$17.00
50-Day Range: C$15.90
▼
C$17.93
52-Week Range: C$15.59
▼
C$23.31

Volume: 2,300 shs
Average Volume: 8,455 shs
Market Capitalization: C$400.95 million

P/E Ratio: 20.37
Dividend Yield: 1.33%
Price Target: C$27.67

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Vecima Networks MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 67.7% Upside
C$27.67 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
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.

2.04 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Vecima Networks has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$27.67, Vecima Networks has a forecasted upside of 67.7% from its current price of C$16.50.
Amount of Analyst Coverage
Vecima Networks has received no research coverage in the past 90 days.

N/A

Short Interest

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

1.7

Dividend Strength

Dividend Yield
Vecima Networks pays a meaningful dividend of 1.26%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Vecima Networks does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Vecima Networks is 27.16%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

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

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Vecima Networks this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added Vecima Networks to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Vecima Networks insiders have not sold or bought any company stock.
Percentage Held by Insiders
56.99% of the stock of Vecima Networks is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 14.42% of the stock of Vecima Networks is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Vecima Networks is 20.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Vecima Networks is 20.37, 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 265.26.
Price to Book Value per Share Ratio
Vecima Networks has a P/B Ratio of 1.83. 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 Vecima Networks Stock (TSE:VCM)

Vecima Networks Inc. engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics. The company operates through three segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The Video and Broadband Solutions segment offers platforms that process data from the cable network and deliver high-speed internet connectivity to homes over cable and fiber, as well as adapt video services. Its principal products include Terrace and TerraceQAM, which are designed to meet the needs of the business services verticals, such as multi- dwelling unit, hotels, motels, and resorts; and Entra distributed access architecture platform comprising EntraPHY, EntraMAC, EntraOptical, EntraControl, and EntraVideo that addresses the network migration to a distributed access architecture. The Content Delivery and Storage segment offers solutions and software for service providers and content owners that focus on ingesting, producing, storing, delivering, and streaming video for live linear, video on demand, network digital video recorder, and time-shifted services over the internet under the MediaScale brand. The Telematics segment provides information and analytics for fleet managers to manage their mobile and fixed assets under the Contigo and Nero Global Tracking brands. The company also offers optical access nodes, Terrace QAM, Terrace TC600E, Terrace IQ, Entra FPXT-B, Enra access code, Entra access controller, Entra access switch, Entra Remote PHY Monitor, Entra Video QAM Manager, MediaScale Origin, MediaScale storage, and MediaScale transcode. In addition, it provides engineering and consultation services; lifecycle program management; installation and commission; training and certification; workforce optimization; and operations and customer support services. The company was incorporated in 1988 and is headquartered in Victoria, Canada. Vecima Networks Inc. is a subsidiary of 684739 B.C. Ltd.

VCM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

VCM Stock News Headlines

November 29, 2023 | americanbankingnews.com

Vecima Networks (TSE:VCM) Stock Price Crosses Below 200 Day Moving Average of $17.41

November 18, 2023 | finance.yahoo.com

Interested In Vecima Networks' (TSE:VCM) Upcoming CA$0.055 Dividend? You Have Four Days Left

November 30, 2023 | Autonomix (Ad)

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November 11, 2023 | seekingalpha.com

Vecima Networks Non-GAAP EPS of C$0.09, revenue of C$61.5M

November 9, 2023 | finance.yahoo.com

Vecima Reports Q1 Fiscal 2024 Results

October 26, 2023 | finance.yahoo.com

Vecima Announces Q1 Fiscal 2024 Results Earnings Call Thursday, November 9, 2023, at 1 pm ET

October 21, 2023 | investing.com

Vecima Networks Inc. (VCM)

October 16, 2023 | tmcnet.com

Vecima Supports Blue Ridge Communications' Video Expansion

November 30, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

October 16, 2023 | finance.yahoo.com

Vecima Supports Blue Ridge Communications’ Video Expansion

October 12, 2023 | tmcnet.com

Vecima Announces Full Availability of its DOCSIS® 4.0-Ready and 1.8 GHz 'Forever Nodes'

October 12, 2023 | finance.yahoo.com

Vecima Announces Full Availability of its DOCSIS® 4.0-Ready and 1.8 GHz ‘Forever Nodes’

October 9, 2023 | barrons.com

Vecima to Demonstrate Flexible Broadband Access Networks and Next-generation Video Delivery at SCTE(R) Cable-Tec Expo 2023

October 4, 2023 | finance.yahoo.com

Vecima’s Entra® ERM3 Remote PHY Device Awarded 5 Diamonds in 2023 BTR Diamond Technology Reviews

September 27, 2023 | finance.yahoo.com

Vecima Announces Expansion of Manufacturing of Certain Entra® Access Products to the U.S. for the Broadband Equity, Access, and Deployment Program

September 24, 2023 | finance.yahoo.com

Vecima Networks (TSE:VCM) Is Due To Pay A Dividend Of CA$0.055

September 21, 2023 | finance.yahoo.com

Vecima Reports Full-Year and Q4 Fiscal 2023 Results

September 11, 2023 | finance.yahoo.com

Vecima Announces Warrant Agreement with Charter Communications

September 7, 2023 | finance.yahoo.com

Vecima Announces Q4 Fiscal 2023 Results Earnings Call Thursday, September 21, 2023, at 1 pm ET

September 7, 2023 | finance.yahoo.com

Will Weakness in Vecima Networks Inc.'s (TSE:VCM) Stock Prove Temporary Given Strong Fundamentals?

September 1, 2023 | theglobeandmail.com

Closing Bell: Vecima Networks Inc flat on Thursday (VCM)

August 15, 2023 | theglobeandmail.com

Closing Bell: Vecima Networks Inc flat on Tuesday (VCM)

August 7, 2023 | finance.yahoo.com

Vecima Networks (TSE:VCM) Shareholders Will Want The ROCE Trajectory To Continue

July 28, 2023 | finanznachrichten.de

Vecima Networks Inc.: Vecima and Witke to Deploy Remote MACPHY Solution for Telenet Systems Austria

July 26, 2023 | technews.tmcnet.com

Vecima Supports Orion Cable's Broadband Expansion with Scalable, Turnkey Remote MACPHY Solution

July 26, 2023 | finance.yahoo.com

Vecima Supports Orion Cable’s Broadband Expansion with Scalable, Turnkey Remote MACPHY Solution

July 21, 2023 | finance.yahoo.com

Do Vecima Networks' (TSE:VCM) Earnings Warrant Your Attention?

See More Headlines

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Company Calendar

Last Earnings: 9/21/2023
Ex-Dividend for 11/6 Dividend: 10/12/2023
Dividend Payable: 11/06/2023
Ex-Dividend for 12/18 Dividend: 11/23/2023
Today: 11/29/2023
Dividend Payable: 12/18/2023
Next Earnings (Estimated): 2/08/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Communication Equipment
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: TSE:VCM
CUSIP: N/A
CIK: N/A
Web: www.vecima.com
Phone: +1-250-8811982
Fax: N/A
Employees: 591
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$27.67
High Stock Price Target: C$28.00
Low Stock Price Target: C$27.00
Potential Upside/Downside: +67.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.81
Trailing P/E Ratio: 20.37
Forward P/E Ratio: 14.99
P/E Growth: N/A
Net Income: C$19.45 million
Net Margins: 6.67%
Pretax Margin: N/A
Return on Equity: 9.49%
Return on Assets: 5.37%

Debt

Debt-to-Equity Ratio: 16.15
Current Ratio: 1.66
Quick Ratio: 0.83

Sales & Book Value

Annual Sales: C$291.47 million
Price / Sales: 1.38
Cash Flow: C$0.16 per share
Price / Cash Flow: 106.12
Book Value: C$9.03 per share
Price / Book: 1.83

Miscellaneous

Outstanding Shares: 24,300,000
Free Float: N/A
Market Cap: C$400.95 million
Optionable: Not Optionable
Beta: 0.69

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Key Executives

Dr. Surinder G. Kumar Ph.D.
Founder & Chairman of the Board
Mr. Sumit Kumar
CEO, President & Non Independent Director
Mr. Dale Booth
Chief Financial Officer
Mr. Clay McCreery
Chief Operating Officer
Mr. Ryan Nicometo
Senior VP and GM of the Video & Broadband Solutions Business Unit
Mr. Paul Boucher
Senior Vice-President of Sales
Mr. Colin Andrew Howlett
Chief Technology Officer
Ms. Heather Asher
General Counsel & Corporate Secretary
Anne-Marie DeSouza
Head of Corporate Communications
Mr. German Iaryczower
Senior Vice President of Global Sales & Marketing

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

VCM Stock Analysis - Frequently Asked Questions

Should I buy or sell Vecima Networks stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Vecima Networks in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" VCM shares.
View VCM analyst ratings or view top-rated stocks.
What is Vecima Networks' stock price target for 2024?: 2 Wall Street research analysts have issued 1 year price objectives for Vecima Networks' shares. Their VCM share price targets range from C$27.00 to C$28.00. On average, they anticipate the company's share price to reach C$27.67 in the next year. This suggests a possible upside of 67.7% from the stock's current price.
View analysts price targets for VCM or view top-rated stocks among Wall Street analysts.
How have VCM shares performed in 2023?: Vecima Networks' stock was trading at C$19.39 on January 1st, 2023. Since then, VCM shares have decreased by 14.9% and is now trading at C$16.50.
View the best growth stocks for 2023 here.
When is Vecima Networks' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our VCM earnings forecast.
How were Vecima Networks' earnings last quarter?: Vecima Networks Inc. (TSE:VCM) posted its quarterly earnings data on Thursday, September, 21st. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.14. The firm earned $75.52 million during the quarter, compared to the consensus estimate of $73.41 million. Vecima Networks had a net margin of 6.67% and a trailing twelve-month return on equity of 9.49%.

How often does Vecima Networks pay dividends? What is the dividend yield for Vecima Networks?: Vecima Networks declared a quarterly dividend on Thursday, November 23rd. Stockholders of record on Monday, December 18th will be paid a dividend of 0.055 per share on Monday, December 18th. This represents a $0.22 annualized dividend and a dividend yield of 1.33%. The ex-dividend date is Thursday, November 23rd.
Read our dividend analysis for VCM.
Is Vecima Networks a good dividend stock?: Vecima Networks (TSE:VCM) pays an annual dividend of C$0.22 per share and currently has a dividend yield of 1.26%. The dividend payout ratio is 27.16%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for VCM.
What other stocks do shareholders of Vecima Networks own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Vecima Networks investors own include Acadian Timber (ADN), Alibaba Group (BABA), Bank of Nova Scotia (BNS), Cameco (CCO), Clearwater Seafoods Incorporated (CLR.TO) (CLR), Canadian Utilities (CU), Canadian Western Bank (CWB), Echelon Financial Holdings Inc. (EFH.TO) (EFH) and Intertape Polymer Group (ITP).
How do I buy shares of Vecima Networks?: Shares of VCM 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.

This page (TSE:VCM) was last updated on 11/30/2023 by MarketBeat.com Staff

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Vecima Networks Stock Price, News & Analysis (TSE:VCM)

Vecima Networks MarketRank™ Stock Analysis

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

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Vecima Networks Stock (TSE:VCM)

VCM Stock Price History

VCM Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

VCM Stock Analysis - Frequently Asked Questions

Overall MarketRank^™