Cormark Decreases Earnings Estimates for Vecima Networks

Vecima Networks Inc. (TSE:VCM) – Equities research analysts at Cormark decreased their FY2025 earnings per share (EPS) estimates for 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 earn $0.10 per share for the year, down from their prior 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 Vecima Networks from C$27.00 to C$24.00 in a report on Friday, November 15th.

Vecima Networks Trading Down 1.9 %

VCM opened at C$11.38 on Wednesday. Vecima Networks has a one year low of C$11.25 and a one year high of C$23.01. The stock has a market capitalization of C$276.65 million, a PE ratio of 14.23 and a beta of 0.63. The business’s 50 day moving average price is C$15.01 and its 200 day moving average price is C$18.33. 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 the firm’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 have acquired 1,500 shares of company stock valued at $25,390 over the last quarter. 57.14% of the stock is owned by insiders.

Vecima Networks Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, February 28th will be given a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.93%. 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.