Cubic (NYSE:CUB) Receives Daily Coverage Optimism Rating of 0.13

Media headlines about Cubic (NYSE:CUB) have been trending somewhat positive this week, according to Accern. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cubic earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned press coverage about the scientific and technical instruments company an impact score of 46.6345521047278 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

CUB traded down $2.40 during trading on Friday, reaching $61.75. The company had a trading volume of 186,382 shares, compared to its average volume of 163,907. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.37 and a current ratio of 1.65. Cubic has a 12 month low of $39.58 and a 12 month high of $66.20. The firm has a market cap of $1,721.85, a P/E ratio of -150.61 and a beta of 0.94.

Cubic (NYSE:CUB) last announced its quarterly earnings results on Tuesday, February 6th. The scientific and technical instruments company reported ($0.36) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.33). Cubic had a negative net margin of 1.21% and a negative return on equity of 1.27%. The company had revenue of $340.70 million during the quarter, compared to the consensus estimate of $338.21 million. During the same period in the previous year, the firm posted ($0.11) EPS. The business’s quarterly revenue was up 1.8% compared to the same quarter last year. sell-side analysts anticipate that Cubic will post 1.18 earnings per share for the current fiscal year.

The business also recently declared a Semi-Annual dividend, which was paid on Monday, March 12th. Shareholders of record on Thursday, March 1st were paid a $0.135 dividend. This represents a yield of 0.44%. The ex-dividend date was Wednesday, February 28th. Cubic’s payout ratio is currently -65.85%.

CUB has been the subject of a number of analyst reports. Raymond James Financial restated an “outperform” rating and set a $62.00 price objective (down previously from $64.00) on shares of Cubic in a report on Friday, January 19th. Zacks Investment Research upgraded shares of Cubic from a “sell” rating to a “hold” rating in a report on Tuesday, March 13th. TheStreet cut shares of Cubic from a “b-” rating to a “c” rating in a report on Thursday, February 8th. Finally, ValuEngine upgraded shares of Cubic from a “hold” rating to a “buy” rating in a report on Monday. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $61.00.

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Cubic Company Profile

Cubic Corporation provides systems and solutions for the transportation and defense markets in the United States and internationally. It operates through three segments: Cubic Transportation Systems (CTS), Cubic Global Defense Systems (CGD Systems), and Cubic Global Defense Services (CGD Services). The CTS segment provides fare collection and revenue management devices, software, systems and multiagency, multimodal integration technologies, and operational services for transportation authorities and operators.

Insider Buying and Selling by Quarter for Cubic (NYSE:CUB)

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