Headlines about Cubic (NYSE:CUB) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cubic earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave media headlines about the scientific and technical instruments company an impact score of 46.415672666049 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern’s analysis:
- Hearing next month for Milford Water Company rate hike (milforddailynews.com)
- CU Members Mortgage hires credit union lending expert Pat Zervic as Processing Manager (cuinsight.com)
- Cubic (CUB) Presents At Raymond James 39th Annual Institutional Investors Conference – Slideshow (seekingalpha.com)
- Cubic to Showcase Expeditionary Communications Solutions at SATELLITE 2018 (finance.yahoo.com)
- Huntkey Releases Its Cubic Power Outlets at AWE 2018 (prnewswire.com)
Shares of Cubic (NYSE:CUB) opened at $64.20 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.65 and a quick ratio of 1.37. The stock has a market capitalization of $1,705.52, a P/E ratio of -97.27 and a beta of 0.98. Cubic has a 52 week low of $39.58 and a 52 week high of $64.95.
The firm also recently disclosed a Semi-Annual dividend, which will be paid on Monday, March 12th. Shareholders of record on Thursday, March 1st will be paid a $0.135 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a yield of 0.44%. Cubic’s dividend payout ratio is -40.91%.
Several analysts recently issued reports on CUB shares. TheStreet upgraded Cubic from a “c” rating to a “b-” rating in a report on Tuesday, November 21st. Needham & Company LLC upped their target price on Cubic from $56.00 to $62.00 and gave the stock a “buy” rating in a report on Tuesday, November 21st. Canaccord Genuity reiterated a “buy” rating and set a $64.00 target price (up previously from $55.00) on shares of Cubic in a report on Tuesday, November 21st. JPMorgan Chase & Co. lowered Cubic from an “overweight” rating to a “neutral” rating and set a $59.00 target price on the stock. in a report on Monday, November 27th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $62.00 target price (down previously from $64.00) on shares of Cubic in a report on Friday, January 19th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $61.00.
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Cubic 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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