.png "Cubic (NYSE: CUB)")
In a report released today, David Williams from Drexel Hamilton reiterated a Buy rating on Cubic (CUB), with a price target of $85. The company’s shares opened today at $63.33.
According to TipRanks.com, Williams is a 4-star analyst with an average return of 6.3% and a 72.2% success rate. Williams covers the Consumer Goods sector, focusing on stocks such as General Dynamics Corp, Mercury Systems Inc, and Kratos Defense.
Cubic has an analyst consensus of Strong Buy, with a price target consensus of $77.25.
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Cubic’s market cap is currently $1.77B and has a P/E ratio of 154.08. The company has a Price to Book ratio of 2.53.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CUB in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Cubic Corp. is a technology provider of integrated solutions. The company designs, integrates and operates systems, products and services focused in the transportation, defense C4ISR and training markets. It operates through the following segments: Cubic Transportation Systems, Cubic Global Defense Services, and Cubic Global Defense Systems.
