Vecima Networks Inc. (TSE:VCM – Free Report) – Equities researchers at Cormark dropped their FY2026 earnings estimates for Vecima Networks in a note issued to investors on Wednesday, December 11th. Cormark analyst J. Pytlak now anticipates that the company will post earnings per share of $1.60 for the year, down from their prior estimate of $2.03. The consensus estimate for Vecima Networks’ current full-year earnings is $1.18 per share.
Vecima Networks (TSE:VCM – Get Free Report) last announced its quarterly earnings results on Thursday, September 19th. The company reported C$0.34 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.47 by C($0.13). Vecima Networks had a net margin of 6.66% and a return on equity of 8.57%. The company had revenue of C$87.48 million during the quarter, compared to analysts’ expectations of C$92.93 million.
Vecima Networks Price Performance
Shares of TSE VCM opened at C$15.25 on Monday. The stock has a market cap of C$370.73 million, a P/E ratio of 19.43 and a beta of 0.63. Vecima Networks has a twelve month low of C$14.50 and a twelve month high of C$23.01. The stock has a 50 day moving average of C$18.55 and a two-hundred day moving average of C$20.17. The company has a current ratio of 1.64, a quick ratio of 0.83 and a debt-to-equity ratio of 29.61.
Vecima Networks Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 16th were paid a dividend of $0.055 per share. The ex-dividend date was Friday, November 22nd. This represents a $0.22 annualized dividend and a dividend yield of 1.44%. Vecima Networks’s dividend payout ratio (DPR) is 27.50%.
Insider Buying and Selling
In other news, Senior Officer Richard Dean Rockwell sold 2,000 shares of the business’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$20.58, for a total transaction of C$41,160.00. Also, Senior Officer Clay Mccreery sold 1,600 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of C$17.40, for a total transaction of C$27,840.00. Insiders have purchased a total of 2,500 shares of company stock valued at $46,060 over the last quarter. 57.14% of the stock is currently owned by insiders.
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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