Analysts expect Cubic Co. (NYSE:CUB) to announce earnings of $0.06 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Cubic’s earnings, with the highest EPS estimate coming in at $0.25 and the lowest estimate coming in at ($0.13). Cubic posted earnings per share of ($0.11) in the same quarter last year, which indicates a positive year over year growth rate of 154.5%. The company is expected to announce its next earnings results on Thursday, February 8th.

On average, analysts expect that Cubic will report full year earnings of $1.72 per share for the current year, with EPS estimates ranging from $1.43 to $2.01. For the next financial year, analysts forecast that the business will post earnings of $2.86 per share, with EPS estimates ranging from $2.74 to $2.97. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Cubic.

Cubic (NYSE:CUB) last issued its quarterly earnings results on Monday, November 20th. The scientific and technical instruments company reported $0.49 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.35. Cubic had a negative net margin of 0.75% and a negative return on equity of 1.66%. The company had revenue of $445.60 million during the quarter, compared to the consensus estimate of $436.76 million. During the same quarter in the prior year, the firm posted ($0.28) EPS. The firm’s quarterly revenue was up 9.6% on a year-over-year basis.

A number of analysts have recently weighed in on CUB shares. Credit Suisse Group reaffirmed an “outperform” rating and set a $58.00 price target (up previously from $49.00) on shares of Cubic in a report on Wednesday, October 11th. Canaccord Genuity reaffirmed a “buy” rating and set a $55.00 price target (up previously from $50.00) on shares of Cubic in a report on Monday, September 25th. Zacks Investment Research raised shares of Cubic from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 10th. J P Morgan Chase & Co raised shares of Cubic from a “neutral” rating to an “overweight” rating and set a $53.00 price target for the company in a report on Thursday, August 10th. Finally, Raymond James Financial upped their price target on shares of Cubic and gave the stock a “buy” rating in a report on Friday, September 22nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $60.17.

Shares of Cubic (NYSE CUB) traded down $0.20 during trading on Friday, hitting $61.75. 187,759 shares of the stock were exchanged, compared to its average volume of 140,962. Cubic has a 12 month low of $39.58 and a 12 month high of $64.95. The company has a quick ratio of 1.42, a current ratio of 1.65 and a debt-to-equity ratio of 0.29.

A number of large investors have recently modified their holdings of the stock. GSA Capital Partners LLP bought a new position in Cubic in the 3rd quarter valued at approximately $301,000. Sterling Capital Management LLC lifted its stake in Cubic by 112.4% in the 3rd quarter. Sterling Capital Management LLC now owns 38,258 shares of the scientific and technical instruments company’s stock valued at $1,951,000 after purchasing an additional 20,249 shares during the last quarter. California Public Employees Retirement System lifted its stake in Cubic by 2.9% in the 3rd quarter. California Public Employees Retirement System now owns 48,867 shares of the scientific and technical instruments company’s stock valued at $2,492,000 after purchasing an additional 1,367 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in Cubic in the 3rd quarter valued at approximately $159,000. Finally, Intrepid Capital Management Inc. lifted its stake in Cubic by 7.6% in the 3rd quarter. Intrepid Capital Management Inc. now owns 14,413 shares of the scientific and technical instruments company’s stock valued at $735,000 after purchasing an additional 1,015 shares during the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

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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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