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TSE:VCM

Vecima Networks (VCM) Stock Price, News & Analysis

C$22.09
+0.17 (+0.78%)
(As of 07/24/2024 ET)
Today's Range
C$22.04
C$22.09
50-Day Range
C$19.70
C$22.60
52-Week Range
C$14.50
C$23.01
Volume
500 shs
Average Volume
4,035 shs
Market Capitalization
C$537.01 million
P/E Ratio
32.97
Dividend Yield
1.00%
Price Target
C$27.50

Vecima Networks MarketRank™ Stock Analysis

Analyst Rating
0.00 Rating Score
Upside/​Downside
24.5% Upside
C$27.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.35mentions of Vecima Networks in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
C$10,820 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.49 out of 5 stars

VCM stock logo

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

VCM Stock News Headlines

Communication Equipment (Industry) (^YH31120010)
Secure Your Finances: Act Against the Digital Dollar Alarm
Something critical just happened... In June the BRICS nations — Brazil, Russia, India, China, and South Africa — met. They weren't just chatting about trade. No, they were plotting to dismantle the dominance of the U.S. dollar in global trade. A new trade system, free from the dollar. What does that spell for the dollar's future? Trouble.
Secure Your Finances: Act Against the Digital Dollar Alarm
Something critical just happened... In June the BRICS nations — Brazil, Russia, India, China, and South Africa — met. They weren't just chatting about trade. No, they were plotting to dismantle the dominance of the U.S. dollar in global trade. A new trade system, free from the dollar. What does that spell for the dollar's future? Trouble.
Vecima to Highlight Open Caching at NAB Show 2024
Bay Street May Open Higher On Firm Commodity Prices
See More Headlines
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Company Calendar

Last Earnings
5/15/2024
Ex-Dividend for 6/17 Dividend
5/23/2024
Dividend Payable
6/17/2024
Today
7/24/2024
Next Earnings (Estimated)
9/19/2024

Industry, Sector and Symbol

Industry
Communication Equipment
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
591
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$27.50
High Stock Price Target
C$28.00
Low Stock Price Target
C$27.00
Potential Upside/Downside
+25.5%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
C$16.24 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$279.09 million
Cash Flow
C$0.21 per share
Book Value
C$9.33 per share

Miscellaneous

Free Float
N/A
Market Cap
C$532.88 million
Optionable
Not Optionable
Beta
0.65
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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. Richard Rockwell
    Executive Vice-President
  • Mr. Ryan Nicometo
    Senior VP and GM of the Video & Broadband Solutions Business Unit
  • 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

VCM Stock Analysis - Frequently Asked Questions

How have VCM shares performed this year?

Vecima Networks' stock was trading at C$16.35 at the beginning of 2024. Since then, VCM stock has increased by 35.1% and is now trading at C$22.09.
View the best growth stocks for 2024 here
.

How were Vecima Networks' earnings last quarter?

Vecima Networks Inc. (TSE:VCM) posted its quarterly earnings data on Wednesday, May, 15th. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by $0.03. The business had revenue of $80.14 million for the quarter, compared to analyst estimates of $79.99 million. Vecima Networks had a net margin of 5.82% and a trailing twelve-month return on equity of 7.34%.

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.

What other stocks do shareholders of Vecima Networks own?

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

This page (TSE:VCM) was last updated on 7/24/2024 by MarketBeat.com Staff

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