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Cubic (NYSE:CUB) announced its earnings results on Monday. The company reported $0.45 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.75 by $0.30, Stock Ratings Network reports. The company had revenue of $340.40 million for the quarter, compared to the consensus estimate of $370.90 million.

Cubic (NYSE:CUB) traded down 0.75% during mid-day trading on Monday, hitting $43.91. 66,982 shares of the company’s stock traded hands. Cubic has a 52 week low of $43.15 and a 52 week high of $56.92. The stock’s 50-day moving average is $44.84 and its 200-day moving average is $48.77. The company has a market cap of $1.176 billion and a P/E ratio of 208.68.

The company also recently announced a semiannual dividend, which is scheduled for Monday, August 25th. Shareholders of record on Monday, August 11th will be paid a dividend of $0.12 per share. This represents a dividend yield of 0.54%. The ex-dividend date is Thursday, August 7th.

A number of analysts have recently weighed in on CUB shares. Analysts at JPMorgan Chase & Co. cut their price target on shares of Cubic from $57.00 to $55.00 in a research note on Thursday. They now have an “overweight” rating on the stock. On a related note, analysts at Needham & Company LLC cut their price target on shares of Cubic from $56.00 to $54.00 in a research note on Tuesday, May 13th. They now have a “buy” rating on the stock. Finally, analysts at Benchmark Co. downgraded shares of Cubic from a “buy” rating to a “hold” rating in a research note on Tuesday, May 13th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $53.94.

Cubic Corporation (NYSE:CUB) is an international provider of systems and solutions that address the mass transit and global defense markets.

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