Cubic (NYSE:CUB) Earns Daily News Sentiment Rating of 0.18

News headlines about Cubic (NYSE:CUB) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cubic earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned media headlines about the scientific and technical instruments company an impact score of 47.0142724896539 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the headlines that may have effected Accern Sentiment’s scoring:

Shares of CUB opened at $73.05 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.22 and a quick ratio of 1.57. The stock has a market capitalization of $1.94 billion, a PE ratio of 182.44 and a beta of 0.99. Cubic has a one year low of $41.05 and a one year high of $77.35.

Cubic (NYSE:CUB) last issued its earnings results on Wednesday, August 8th. The scientific and technical instruments company reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by ($0.08). The firm had revenue of $296.21 million during the quarter, compared to analyst estimates of $280.33 million. Cubic had a net margin of 0.57% and a return on equity of 1.54%. The business’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the business earned ($2.89) earnings per share. sell-side analysts forecast that Cubic will post 1.1 earnings per share for the current fiscal year.

The business also recently declared a semiannual dividend, which will be paid on Monday, September 10th. Shareholders of record on Thursday, August 30th will be paid a dividend of $0.135 per share. The ex-dividend date of this dividend is Wednesday, August 29th. This represents a yield of 0.4%. Cubic’s dividend payout ratio (DPR) is currently -65.85%.

A number of research analysts have recently commented on CUB shares. Needham & Company LLC cut Cubic from a “buy” rating to a “hold” rating in a research note on Monday, May 14th. They noted that the move was a valuation call. Zacks Investment Research upgraded Cubic from a “strong sell” rating to a “strong-buy” rating and set a $74.00 price target for the company in a research note on Monday, May 7th. ValuEngine raised Cubic from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Canaccord Genuity raised their target price on Cubic from $76.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, William Blair assumed coverage on Cubic in a research report on Tuesday, May 8th. They set an “outperform” rating for the company. Three investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Cubic currently has an average rating of “Buy” and an average target price of $68.67.

Cubic Company Profile

Cubic Corporation provides various integrated solutions worldwide. Its solutions enhance the situational understanding for transportation, defense, and training customers, as well as for command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) customers. The company operates through four segments: Cubic Transportation Systems (CTS), Cubic Global Defense Systems (CGD Systems), Cubic Mission Solutions (CMS), and Cubic Global Defense Services (CGD Services).

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