Brokers Issue Forecasts for Vecima Networks FY2025 Earnings

Vecima Networks Inc. (TSE:VCM) – Stock analysts at Cormark reduced their FY2025 EPS estimates for Vecima Networks in a research report issued on Monday, February 10th. Cormark analyst J. Pytlak now forecasts that the company will post earnings per share of $0.10 for the year, down from their previous forecast of $0.87. Cormark currently has a “Market Perform” rating and a $14.00 target price on the stock. The consensus estimate for Vecima Networks’ current full-year earnings is $1.18 per share. Cormark also issued estimates for Vecima Networks’ FY2026 earnings at $1.06 EPS.

Separately, Accountability Research decreased their price objective on shares of Vecima Networks from C$27.00 to C$24.00 in a research note on Friday, November 15th.

Vecima Networks Trading Down 1.9 %

Shares of TSE:VCM opened at C$11.38 on Wednesday. The company has a 50 day moving average price of C$15.01 and a 200 day moving average price of C$18.33. Vecima Networks has a 1-year low of C$11.25 and a 1-year high of C$23.01. The company has a debt-to-equity ratio of 29.61, a quick ratio of 0.83 and a current ratio of 1.64. The stock has a market capitalization of C$276.65 million, a price-to-earnings ratio of 14.23 and a beta of 0.63.

Vecima Networks Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Friday, February 28th will be issued a $0.055 dividend. This represents a $0.22 annualized dividend and a yield of 1.93%. Vecima Networks’s dividend payout ratio (DPR) is presently 27.50%.

Insiders Place Their Bets

In related news, Senior Officer Clay Mccreery sold 1,600 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of C$17.40, for a total transaction of C$27,840.00. Insiders have purchased 1,500 shares of company stock worth $25,390 in the last ninety days. Insiders own 57.14% of the company’s stock.

Vecima Networks Company Profile

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.