FY2025 EPS Forecast for Vecima Networks Decreased by Analyst

Vecima Networks Inc. (TSE:VCM) – Investment analysts at B. Riley dropped their FY2025 EPS estimates for shares of Vecima Networks in a report released on Tuesday, January 7th. B. Riley analyst D. Kang now forecasts that the company will post earnings of $0.94 per share for the year, down from their prior estimate of $1.16. The consensus estimate for Vecima Networks’ current full-year earnings is $1.18 per share.

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

Vecima Networks Trading Up 0.6 %

Shares of VCM stock opened at C$15.55 on Friday. Vecima Networks has a 12-month low of C$14.50 and a 12-month high of C$23.01. The company has a quick ratio of 0.83, a current ratio of 1.64 and a debt-to-equity ratio of 29.61. The company has a 50 day moving average of C$16.85 and a 200-day moving average of C$19.48. The firm has a market cap of C$378.02 million, a P/E ratio of 19.44 and a beta of 0.63.

Insider Activity

In other news, Senior Officer Clay Mccreery sold 1,600 shares of the business’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of C$17.40, for a total transaction of C$27,840.00. Insiders acquired a total of 1,500 shares of company stock valued at $25,390 in the last 90 days. Company insiders own 57.14% of the company’s stock.

Vecima Networks Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.41%. Vecima Networks’s dividend payout ratio (DPR) is currently 27.50%.

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.