Media stories about Cubic Corporation (NYSE:CUB) have been trending somewhat positive this week, AlphaOne Sentiment reports. AlphaOne, a unit of Accern, identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cubic Corporation earned a daily sentiment score of 0.17 on AlphaOne’s scale. AlphaOne also gave news coverage about the scientific and technical instruments company an impact score of 56 out of 100, indicating that recent news coverage is somewhat likely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have impacted AlphaOne Sentiment Analysis’s analysis:
- Cubic President and Chief Executive Officer Named “Most Admired CEO” by San Diego Business Journal (finance.yahoo.com)
- Cubic : Supports National Dump the Pump Day by American Public Transportation Association on June 15 (4-traders.com)
- Cubic to Highlight One Account and Mobility as a Service for Enhancing Customer Experience at Scottish Transport Summit (finance.yahoo.com)
- Cubic to Showcase Advanced Air Combat Training Solutions In Paris (asdnews.com)
- Cubic to Showcase Advanced Air Combat Training Solutions at the International Paris Air Show (finance.yahoo.com)
Several research analysts have commented on CUB shares. Needham & Company LLC reaffirmed a “buy” rating and set a $52.00 price objective (down from $55.00) on shares of Cubic Corporation in a research note on Tuesday, May 9th. Zacks Investment Research lowered shares of Cubic Corporation from a “buy” rating to a “hold” rating in a research note 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 currently has an average rating of “Buy” and an average target price of $54.00.
Cubic Corporation (CUB) traded down 0.64% on Friday, reaching $46.65. 294,655 shares of the company’s stock traded hands. The firm has a 50-day moving average price of $47.42 and a 200-day moving average price of $49.35. Cubic Corporation has a 52 week low of $37.24 and a 52 week high of $55.65. The stock’s market capitalization is $1.26 billion.
Cubic Corporation (NYSE:CUB) last issued its earnings results on Monday, May 8th. The scientific and technical instruments company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by $0.06. Cubic Corporation had a negative return on equity of 0.78% and a negative net margin of 0.37%. The company had revenue of $343.71 million during the quarter, compared to analyst estimates of $365.04 million. During the same period last year, the business earned $0.38 earnings per share. The firm’s revenue was down 6.1% compared to the same quarter last year. On average, analysts predict that Cubic Corporation will post $0.18 earnings per share for the current year.
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About Cubic Corporation
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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