FY2025 EPS Estimates for Vecima Networks Lowered by B. Riley

Vecima Networks Inc. (TSE:VCM) – B. Riley dropped their FY2025 earnings per share (EPS) estimates for Vecima Networks in a research report issued to clients and investors on Tuesday, January 7th. B. Riley analyst D. Kang now expects that the company will post earnings per share of $0.94 for the year, down from their previous 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 shares of Vecima Networks from C$27.00 to C$24.00 in a research note on Friday, November 15th.

Vecima Networks Stock Performance

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

Insiders Place Their Bets

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

Vecima Networks Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors 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 yield of 1.41%. Vecima Networks’s payout ratio is presently 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.