FY2025 EPS Forecast for Vecima Networks Decreased by Analyst

Vecima Networks Inc. (TSE:VCM) – Equities research analysts at Cormark cut their FY2025 EPS estimates for shares of Vecima Networks in a research note issued to investors on Monday, November 18th. Cormark analyst J. Pytlak now forecasts that the company will earn $1.03 per share for the year, down from their prior estimate of $1.30. 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 $2.03 EPS.

Vecima Networks (TSE:VCM) last released its earnings results on Thursday, September 19th. The company reported C$0.34 EPS for the quarter, missing analysts’ consensus estimates of C$0.47 by C($0.13). Vecima Networks had a return on equity of 8.57% and a net margin of 6.66%. The firm had revenue of C$87.48 million for the quarter, compared to the consensus estimate of C$92.93 million.

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

Vecima Networks Stock Performance

Shares of VCM opened at C$16.50 on Wednesday. The stock has a market capitalization of C$401.12 million, a PE ratio of 21.50 and a beta of 0.63. The business’s fifty day moving average price is C$20.20 and its 200 day moving average price is C$20.68. The company has a debt-to-equity ratio of 29.61, a current ratio of 1.64 and a quick ratio of 0.83. Vecima Networks has a 12-month low of C$14.50 and a 12-month high of C$23.01.

Vecima Networks Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 16th will be issued a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend is Friday, November 22nd. Vecima Networks’s dividend payout ratio (DPR) is 27.50%.

Insider Activity at Vecima Networks

In related news, Senior Officer Richard Dean Rockwell sold 2,000 shares of Vecima Networks stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$20.58, for a total value of C$41,160.00. Insiders own 57.14% of the company’s stock.

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.