Cormark Estimates Vecima Networks’ FY2026 Earnings (TSE:VCM)

Vecima Networks Inc. (TSE:VCM) – Research analysts at Cormark lowered their FY2026 EPS estimates for shares of Vecima Networks in a report released on Wednesday, December 11th. Cormark analyst J. Pytlak now expects that the company will post earnings per share of $1.60 for the year, down from their prior forecast of $2.03. The consensus estimate for Vecima Networks’ current full-year earnings is $1.18 per share.

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

Vecima Networks Trading Down 5.8 %

TSE:VCM opened at C$15.54 on Monday. The company has a quick ratio of 0.83, a current ratio of 1.64 and a debt-to-equity ratio of 29.61. Vecima Networks has a 52-week low of C$14.50 and a 52-week high of C$23.01. The stock’s 50 day moving average price is C$18.65 and its 200 day moving average price is C$20.21. The company has a market capitalization of C$377.78 million, a PE ratio of 20.63 and a beta of 0.63.

Vecima Networks (TSE:VCM) last issued its quarterly earnings data on Thursday, September 19th. The company reported C$0.34 earnings per share (EPS) for the quarter, missing the consensus estimate 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 analysts’ expectations of C$92.93 million.

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 issued 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 1.42%. Vecima Networks’s payout ratio is 27.50%.

Insider Transactions at Vecima Networks

In other news, Senior Officer Richard Dean Rockwell sold 2,000 shares of the firm’s stock in a transaction on Friday, October 4th. The shares were sold at an average price of C$20.58, for a total value of C$41,160.00. Also, Senior Officer Clay Mccreery sold 1,600 shares of Vecima Networks 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. Over the last quarter, insiders acquired 2,500 shares of company stock worth $46,060. Company 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.