Cubic Corporation (CUB) EPS Estimated At $0.06

January 16, 2018 - By Dolores Ford

 Cubic Corporation (CUB) EPS Estimated At $0.06
Investors sentiment increased to 1.84 in Q3 2017. Its up 0.53, from 1.31 in 2017Q2. It increased, as 11 investors sold Cubic Corporation shares while 34 reduced holdings. 29 funds opened positions while 54 raised stakes. 24.06 million shares or 1.57% more from 23.68 million shares in 2017Q2 were reported.
Old Natl State Bank In, a Indiana-based fund reported 6,440 shares. Profund Advsr Lc accumulated 0.01% or 4,250 shares. Wellington Management Grp Limited Liability Partnership holds 2.21 million shares or 0.03% of its portfolio. Dimensional Fund Advisors Lp reported 0.04% of its portfolio in Cubic Corporation (NYSE:CUB). Peak6 Invests Ltd Partnership invested in 7,292 shares. Bnp Paribas Arbitrage, a New York-based fund reported 15,853 shares. Bridgeway Capital Mngmt has invested 0.02% in Cubic Corporation (NYSE:CUB). 179,212 are owned by Sg Cap. 31,614 are held by Alliancebernstein Ltd Partnership. The Florida-based State Board Of Administration Of Florida Retirement Sys has invested 0% in Cubic Corporation (NYSE:CUB). Rhumbline Advisers has invested 0.01% in Cubic Corporation (NYSE:CUB). Clearbridge Ltd Llc invested in 182,950 shares. Piedmont Advsrs Ltd Liability Corp has 0.01% invested in Cubic Corporation (NYSE:CUB) for 5,436 shares. United Svcs Automobile Association holds 261,713 shares. Bragg Finance Advsrs holds 0.4% of its portfolio in Cubic Corporation (NYSE:CUB) for 50,935 shares.

Analysts expect Cubic Corporation (NYSE:CUB) to report $0.06 EPS on February, 8.They anticipate $0.17 EPS change or 154.55 % from last quarter’s $-0.11 EPS. CUB’s profit would be $1.63 million giving it 258.13 P/E if the $0.06 EPS is correct. After having $0.49 EPS previously, Cubic Corporation’s analysts see -87.76 % EPS growth. The stock increased 1.72% or $1.05 during the last trading session, reaching $61.95. About 107,370 shares traded. Cubic Corporation (NYSE:CUB) has risen 14.76% since January 16, 2017 and is uptrending. It has underperformed by 1.94% the S&P500.

Cubic Corporation (NYSE:CUB) Ratings Coverage

Among 9 analysts covering Cubic Corporation (NYSE:CUB), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Cubic Corporation had 21 analyst reports since September 17, 2015 according to SRatingsIntel. The stock has “Buy” rating by Canaccord Genuity on Friday, October 27. The company was upgraded on Wednesday, November 25 by Benchmark. As per Thursday, August 10, the company rating was upgraded by J.P. Morgan. The rating was maintained by Canaccord Genuity with “Buy” on Tuesday, November 21. J.P. Morgan downgraded the shares of CUB in report on Monday, November 27 to “Hold” rating. The firm has “Buy” rating by Needham given on Friday, March 24. On Wednesday, June 8 the stock rating was initiated by Canaccord Genuity with “Buy”. On Tuesday, October 20 the stock rating was initiated by BB&T Capital with “Buy”. The firm earned “Buy” rating on Friday, October 14 by Needham. The firm has “Buy” rating by Needham given on Wednesday, September 27.

Cubic Corporation provides systems and solutions for the transportation and defense markets in the United States and internationally. The company has market cap of $1.69 billion. It operates through three divisions: Cubic Transportation Systems , Cubic Global Defense Systems (CGD Systems), and Cubic Global Defense Services (CGD Services). It currently has negative earnings. The CTS segment provides fare collection and revenue management devices, software, systems and multiagency, multimodal integration technologies, and operational services for transportation authorities and operators.

More important recent Cubic Corporation (NYSE:CUB) news were published by: Prnewswire.com which released: “Cubic’s GATR Satellite Antenna System Receives Approval for Full Rate …” on January 16, 2018, also Prnewswire.com published article titled: “Cubic Receives Contract to Mobilize Los Angeles Metro TAP Fare Payment System”, Prnewswire.com published: “Cubic and Transport for New South Wales Extend Opal Card Payments Platform to …” on December 18, 2017. More interesting news about Cubic Corporation (NYSE:CUB) was released by: Bostonglobe.com and their article: “Give T fare revamp a chance — but enforce the contract” with publication date: January 15, 2018.

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