Vecima Networks Inc. (TSE:VCM – Free Report) – Equities researchers at Cormark cut their FY2025 earnings per share estimates for shares of Vecima Networks in a research note issued to investors on Monday, February 10th. Cormark analyst J. Pytlak now expects that the company will post earnings of $0.10 per share for the year, down from their previous estimate of $0.87. Cormark has a “Market Perform” rating and a $14.00 price objective 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 lowered their price target on shares of Vecima Networks from C$27.00 to C$24.00 in a research note on Friday, November 15th.
Vecima Networks Price Performance
TSE VCM opened at C$11.60 on Wednesday. Vecima Networks has a 12-month low of C$11.37 and a 12-month high of C$23.01. The firm’s 50 day moving average is C$15.13 and its 200-day moving average is C$18.38. The company has a market capitalization of C$282.00 million, a PE ratio of 14.50 and a beta of 0.63. The company has a quick ratio of 0.83, a current ratio of 1.64 and a debt-to-equity ratio of 29.61.
Insider Activity at Vecima Networks
In other news, Senior Officer Clay Mccreery sold 1,600 shares of the company’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. Over the last three months, insiders have acquired 1,500 shares of company stock worth $25,390. Corporate insiders own 57.14% of the company’s stock.
Vecima Networks Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 16th were paid a $0.055 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.22 annualized dividend and a yield of 1.90%. Vecima Networks’s dividend payout ratio (DPR) is presently 27.50%.
About Vecima Networks
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.
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