Vecima Networks Inc. (TSE:VCM – Free Report) – Equities researchers at Cormark decreased their FY2025 earnings estimates for shares of Vecima Networks in a research report issued to clients and investors 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 prior forecast of $0.87. Cormark has a “Market Perform” rating and a $14.00 price target 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 reduced 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 6.5 %
Shares of TSE VCM opened at C$11.60 on Wednesday. The firm has a 50 day moving average price of C$15.13 and a two-hundred day moving average price of C$18.38. The stock has a market cap of C$282.00 million, a P/E ratio of 14.50 and a beta of 0.63. Vecima Networks has a 52-week low of C$11.37 and a 52-week 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.
Insider Activity at Vecima Networks
In other Vecima Networks news, Senior Officer Clay Mccreery sold 1,600 shares of Vecima Networks stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of C$17.40, for a total value of C$27,840.00. Insiders have purchased 1,500 shares of company stock worth $25,390 over the last ninety days. Insiders own 57.14% of the company’s stock.
Vecima Networks Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 16th were paid a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date of this dividend was Friday, November 22nd. Vecima Networks’s dividend payout ratio is currently 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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