Cubic Corporation (CUB) Earns Daily Coverage Optimism Rating of 0.03
News headlines about Cubic Corporation (NYSE:CUB) have been trending somewhat positive on Monday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cubic Corporation earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned media headlines about the scientific and technical instruments company an impact score of 47 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern’s rankings:
- Cubic : Microsoft to Discuss Toll Agency Benefits of Cloud-Based Back Office at IBTTA Conference in Dallas (4-traders.com)
- Cubic and Microsoft to Discuss Toll Agency Benefits of Cloud-Based Back Office at IBTTA Conference in Dallas (finance.yahoo.com)
- Cubic wins U.S. Army Europe’s rotational exercise design support services contract (mil-embedded.com)
- Which Analysts Are Watching Cubic Corporation (NYSE:CUB)? (cote-ivoire.com)
- Cubic and Transport for London’s Payment Integration System Completes One Billionth Contactless Journey (mobilitytechzone.com)
Cubic Corporation (NYSE:CUB) opened at 47.35 on Monday. Cubic Corporation has a 12-month low of $39.50 and a 12-month high of $55.65. The firm’s 50-day moving average price is $46.07 and its 200-day moving average price is $49.21. The stock’s market cap is $1.28 billion.
Cubic Corporation (NYSE:CUB) last released its earnings results on Monday, May 8th. The scientific and technical instruments company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $0.06. The business had revenue of $343.71 million for the quarter, compared to analysts’ expectations of $365.04 million. Cubic Corporation had a negative return on equity of 0.78% and a negative net margin of 0.37%. The business’s revenue for the quarter was down 6.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.38 EPS. On average, equities analysts predict that Cubic Corporation will post $0.18 EPS for the current fiscal year.
A number of research firms have weighed in on CUB. BidaskClub raised Cubic Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. Needham & Company LLC reaffirmed a “buy” rating and set a $52.00 target price (down previously from $55.00) on shares of Cubic Corporation in a report on Tuesday, May 9th. Finally, Zacks Investment Research lowered Cubic Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, April 12th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $54.00.
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Cubic Corporation Company Profile
Cubic Corporation (Cubic) designs, integrates and operates systems, products and services that provide situational awareness for its customers in the transportation and defense industries. The Company operates in three business segments across the global transportation and defense markets, which include Cubic Transportation Systems (CTS), Cubic Global Defense (CGD) and Cubic Global Defense Services (CGD Services).
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