Market cap $1.6538B
Enterprise value $1.8926B
Employees 8,700
Revenue $1.49B
EBITDA $64.6M
Income -$18.1M
EPS -0.67
P/E N/A
Forward P/E 22.67
EV/EBITDA 29.31
PEG 8.80
Earnings date 2018-05-07
Volume 52k / 176k
Relative vol. 0.30 ×
Sales Q/Q -0.88%
Sales Y/Y 1.90%
Est. EPS Q/Q 300.00%
Beta 1.29
Mean Recomm. 2.00
IPO year 1978
Country United States
RSI 54.33
Range $60.45 – $61.90
52 weeks $39.58 – $64.95
SMA 50 $59 -4.06%
SMA 200 $54 -13.02%
1 year target $63 +2.51%

Intraday

5 days

1 month

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6 months

1 year

5 years

10 years

All time

Recent Cubic news

Date
#
Company
Insider Title
Trans.
Transaction
Shares Price per share Total price Shares after Source
2016-11-28 Janice M. Hamby
Director
Director Buy 100 $47.25 $4,725
2016-11-28
623
2016-11-28 Bradley H Feldmann
President/CEO
President/CEO Buy 11 $46.33 $510
2016-11-28
11
2016-10-01 Bruce G Blakley
Director
Director Option exercise 1,600 $0.00 $0
2016-10-01
1,600
2016-10-01 Steven John Norris
Director
Director Option exercise 1,600 $0.00 $0
2016-10-01
2,862
2016-10-01 David H. Buss
President, CGD
President, CGD Option exercise 1,482 $0.00 $0
2016-10-01
1,704
2016-10-01 Janice M. Hamby
Director
Director Option exercise 300 $0.00 $0
2016-10-01
530
2016-10-01 Edwin A Guiles
Director
Director Option exercise 1,600 $0.00 $0
2016-10-01
7,326
2016-10-01 Gregory L Tanner
Vice President/Treasurer
Vice President/Treasurer Option exercise 1,104 $0.00 $0
2016-10-01
2,529
2016-10-01 Mark Harrison
SVP/Controller
SVP/Controller Option exercise 4,499 $0.00 $0
2016-10-01
4,499
2016-10-01 Bradley H Feldmann
President/CEO
President/CEO Option exercise 21,991 $0.00 $0
2016-10-01
33,274
2016-10-01 John D Thomas
EVP/CFO
EVP/CFO Option exercise 12,319 $0.00 $0
2016-10-01
12,319
2016-10-01 Walter C Zable
Chairman of the Board
Chairman of the Board Option exercise 1,600 $0.00 $0
2016-10-01
1,600
2016-10-01 Michael R. Twyman
Senior Vice President
Senior Vice President Option exercise 2,667 $0.00 $0
2016-10-01
8,978
2016-10-01 Matthew James Cole
President, CTS - SVP, CORP
President, CTS - SVP, CORP Option exercise 2,255 $0.00 $0
2016-10-01
4,795
2016-10-01 James R Edwards
SVP, Gen. Counsel & Secretary
SVP, Gen. Counsel & Secretary Option exercise 4,499 $0.00 $0
2016-10-01
4,590
2016-08-19 Janice M. Hamby
Director
Director Buy 200 $47.60 $9,520
2016-08-19
230
2016-02-29 Janice M. Hamby
Director
Director Buy 30 $35.15 $1,055
2016-02-29
30
2016-02-25 Bruce G Blakley
Director
Director Buy 200 $33.92 $6,784
2016-02-25
200
2016-02-18 Bradley H Feldmann
President/CEO
President/CEO Buy 3,050 $33.36 $101,748
2016-02-18
3,050
2016-02-17 John H Jr Warner
Director
Director Buy 3,000 $32.94 $98,820
2016-02-17
17,726
2016-02-12 John D Thomas
EVP/CFO
EVP/CFO Buy 100 $31.48 $3,148
2016-02-12
100
2016-02-12 William J Toti
SVP
SVP Buy 625 $32.14 $20,088
2016-02-12
1,581
2016-02-10 Matthew James Cole
President, CTS - SVP, CORP
President, CTS - SVP, CORP Buy 793 $31.56 $25,027
2016-02-10
2,540
2016-02-08 Matthew James Cole
President, CTS - SVP, CORP
President, CTS - SVP, CORP Buy 634 $31.30 $19,844
2016-02-08
1,747
2016-02-08 John H Jr Warner
Director
Director Buy 9,000 $31.71 $285,390
2016-02-08
14,726
2015-12-31 Mark Harrison
SVP/Controller
SVP/Controller Buy 1,000 $31.20 $31,200
2015-12-31
4,945
2015-12-31 James R Edwards
SVP, Gen. Counsel & Secretary
SVP, Gen. Counsel & Secretary Buy 322 $31.07 $10,005
2015-12-31
5,367

Notable SEC filings of Cubic Corporation

Date Contents
Source
2017-11-20 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2017-11-20 10-K Yearly report
2017-10-02 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
2017-08-03 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2017-08-03 10-Q Quarterly report
2017-07-11 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
2017-05-08 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2017-05-08 10-Q Quarterly report
2017-02-21 8-K Submission of Matters to a Vote of Security Holders
2017-02-09 10-Q Quarterly report
2017-02-09 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2016-12-13 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
2016-11-22 10-K Yearly report
2016-11-21 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2016-10-13 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2016-10-05 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
2016-08-11 8-K Entry into a Material Definitive Agreement; Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant; Financial Statements and Exhibits
2016-08-03 10-Q Quarterly report
2016-08-03 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2016-05-25 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
2016-05-02 10-Q Quarterly report
2016-05-02 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2016-02-23 8-K Submission of Matters to a Vote of Security Holders
2016-02-04 8-K Results of Operations and Financial Condition; Financial Statements and Exhibits
2016-02-04 10-Q Quarterly report
2016-02-03 8-K Entry into a Material Definitive Agreement; Completion of Acquisition or Disposition of Assets; Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant; Financial Statements and Exhibits
Overweight → Neutral
JP Morgan 26 November 2017
Buy Canaccord Genuity 24 September 2017
Outperform → Strong Buy
Raymond James 21 September 2017

Cubic executives

Insider Title Age Since Compensation
Bradley Feldmann (55)
President, Chief Executive Officer, Director since 2014
President, Chief Executive Officer, Director 55 2014 $3,094,760
Michael Twyman (56)
Senior Vice President and President, Cubic Mission Solutions since 2016
Senior Vice President and President, Cubic Mission Solutions 56 2016 $1,151,420
Matthew Cole (37)
Senior Vice President; President of Cubic Transportation Systems since 2015
Senior Vice President; President of Cubic Transportation Systems 37 2015 $1,019,740
Walter Zable (70)
Non-Executive Chairman of the Board since 2016
Non-Executive Chairman of the Board 70 2016 $921,484
Mark Harrison (59)
Senior Vice President and Corporate Controller since 2012
Senior Vice President and Corporate Controller 59 2012 $701,914
John Warner (75)
Independent Director since 2007
Independent Director 75 2007 $155,000
Bruce Blakley (71)
Independent Director since 2008
Independent Director 71 2008 $152,500
Edwin Guiles (67)
Independent Director since 2008
Independent Director 67 2008 $142,500
Steven Norris (71)
Independent Director since 2014
Independent Director 71 2014 $140,000
Janice Hamby (59)
Independent Director since 2015
Independent Director 59 2015 $52,225
Kirsten Nielsen
Vice President - Investor Relations since 2017
Vice President - Investor Relations 2017
Gregory Tanner (58)
Vice President, Treasurer since 2014
Vice President, Treasurer 58 2014
David Buss (60)
Senior Vice President and President of Cubic Global Defense since 2016
Senior Vice President and President of Cubic Global Defense 60 2016
James Edwards (65)
Senior Vice President, General Counsel, Secretary since 2012
Senior Vice President, General Counsel, Secretary 65 2012
Cubic Corporation logo

Cubic Corporation provides systems and solutions for the transportation and defense markets in the United States and internationally. It operates through three segments: Cubic Transportation Systems (CTS), Cubic Global Defense Systems (CGD Systems), and Cubic Global Defense Services (CGD Services). 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. It also delivers real-time passenger information systems for tracking and predicting vehicle arrival times; urban and inter-urban intelligent transportation and enforcement solutions; and technology and infrastructure maintenance services to city, regional, and national road and transportation agencies. The CGD Systems segment provides live and virtual military training systems, and secure communication systems and products to the U.S. Department of Defense, other U.S. government agencies, and allied nations. It offers instrumented range systems for fighter aircraft, armored vehicles and infantry force-on-force live training weapons effects simulations, laser-based tactical and communication systems, and precision gunnery solutions; secure communications products for intelligence, surveillance, ground combat, and search and rescue markets; and information capture, assessment, exploitation, and dissemination in a secure network-centric environment. The CGD Services segment provides live, virtual and constructive training, real-world mission rehearsal exercises, professional military education, intelligence support, information technology, information assurance and related cyber support, development of military doctrine, consequence management, infrastructure protection, and force protection services, as well as support to field operations and logistics. The company was founded in 1949 and is headquartered in San Diego, California.

  • Cubic Corporation, 9333 Balboa Avenue, San Diego 92123, United States
  • cubic.com
  • 858-277-6780

Quarterly EPS estimates

Profit margin

Debt to assets

Cash flow

Balance sheet

(in millions) 2017Q4 2017Q3 2017Q2 2017Q1
Current assets
Cash $60.765 $68.577 $71.628 $244.978
Short term investments $13.06 $18.844
Net receivables $404.825 $434.11 $366.794 $350.974
Inventory $101.395 $87.715 $103.438 $113.864
Other current assets $39.137 $31.141 $33.614 $31.841
Total current assets $606.122 $621.543 $588.534 $760.501
Long term investments $17.328 $17.457 $21.301 $19.562
Property, plant & equipment $114.714 $113.686 $107.91 $101.23
Goodwill $416.284 $415.912 $410.902 $409.091
Intangible assets $90.713 $98.495 $103.623 $110.648
Other assets $67.257 $66.986 $68.494 $69.076
Deferred long term asset charges $4.647 $2.206 $2.149 $17.794
Total assets $1,317.065 $1,336.285 $1,302.913 $1,487.902
Current liabilities
Accounts payable $280.074 $242.729 $239.54 $268.58
Short long term debt $88 $55 $104.452 $250.435
Other current liabilities $78.75
Total current liabilities $368.074 $376.479 $343.992 $519.015
Long term debt $199.769 $199.761 $199.978 $200.071
Other liabilities $70.099 $48.572 $97.455 $96.844
Deferred long term liabilities $21.842
Minority interest
Total liabilities $637.942 $646.654 $641.425 $815.93
Stockholders' equity
Stock option warrants
Common stock $36.789 $37.85 $35.745 $35.191
Retained earnings $784.699 $794.485 $784.992 $806.949
Treasury stock -$36.078 -$36.078 -$36.078 -$36.078
Capital surplus
Other stockholder equity -$106.287 -$106.626 -$123.171 -$134.09
Total stockholder equity $679.123 $689.631 $661.488 $671.972
Net tangible assets $172.126 $175.224 $146.963 $152.233
(in millions) 2017 2016 2015
Current assets
Cash $68.577 $272.775 $287.721
Short term investments $12.996 $30.533
Net receivables $434.11 $392.287 $361.062
Inventory $87.715 $66.362 $63.7
Other current assets $31.141 $38.231 $32.286
Total current assets $621.543 $782.651 $775.302
Long term investments $17.457 $20.926 $36.809
Property, plant & equipment $113.686 $96.316 $74.69
Goodwill $415.912 $406.946 $237.899
Intangible assets $98.495 $123.403 $72.936
Other assets $66.986 $71.972 $91.197
Deferred long term asset charges $2.206 $2.194 $11.443
Total assets $1,336.285 $1,504.408 $1,300.276
Current liabilities
Accounts payable $242.729 $205.722 $193.397
Short long term debt $55 $240.45 $60.525
Other current liabilities $78.75 $74.071 $92.854
Total current liabilities $376.479 $520.243 $346.776
Long term debt $199.761 $200.291 $126.18
Other liabilities $48.572 $79.355 $59.148
Deferred long term liabilities $21.842 $14.623 $11.884
Minority interest
Total liabilities $646.654 $814.512 $543.988
Stockholders' equity
Stock option warrants
Common stock $37.85 $32.756 $25.56
Retained earnings $794.485 $813.035 $818.642
Treasury stock -$36.078 -$36.078 -$36.078
Capital surplus
Other stockholder equity -$106.626 -$119.817 -$51.836
Total stockholder equity $689.631 $689.896 $756.288
Net tangible assets $175.224 $159.547 $445.453

Income statement

(in millions) 2017Q4 2017Q3 2017Q2 2017Q1
Revenue
Total revenue $340.684 $445.606 $361.869 $343.709
Cost of revenue $260.91 $323.047 $278.356 $264.985
Gross profit $79.774 $122.559 $83.513 $78.724
Operating expenses
Research & development $11.977 $13.873 $16.901 $12.858
Selling, general & administrative $65.347 $74.88 $60.094 $59.356
Non-recurring $1.495 $0.518 $0.35 $0.709
Other operating expenses $7.959 $7.904 $7.865 $7.873
Total operating expenses $86.778 $97.175 $85.21 $80.796
Operating income -$7.004 $25.384 -$1.697 -$2.072
Income from continuing operations
Net other income $0.409 -$0.078 $1.916 -$0.175
EBIT -$6.595 $25.306 $0.219 -$2.247
Interest expense $2.674 $2.825 $4.357 $4.305
Income before tax -$9.269 $22.481 -$4.138 -$6.552
Income tax expense $0.517 $9.326 $17.819 -$7.013
Minority interest
Net income from continuing ops -$9.786 $13.155 -$21.957 $0.461
Non-recurring events
Discontinued operations
Extraordinary items
Effect of accounting change
Other items
Net income
EBITDA -$9.786 $13.155 -$21.957 $0.461
Income (for common shares) -$9.786 $13.155 -$21.957 $0.461
(in millions) 2017 2016 2015
Revenue
Total revenue $1,485.861 $1,461.665 $1,431.045
Cost of revenue $1,122.142 $1,116.906 $1,091.326
Gross profit $363.719 $344.759 $339.719
Operating expenses
Research & development $52.652 $31.976 $17.992
Selling, general & administrative $258.088 $269.593 $212.518
Non-recurring $2.468 $1.852 $6.272
Other operating expenses $32.997 $34.12 $27.55
Total operating expenses $346.205 $337.541 $264.332
Operating income $17.514 $7.218 $75.387
Income from continuing operations
Net other income $1.363 -$3.496 $0.924
EBIT $18.877 $3.722 $76.311
Interest expense $15.027 $11.199 $4.4
Income before tax $3.85 -$7.477 $71.911
Income tax expense $15.059 -$9.212 $48.997
Minority interest
Net income from continuing ops -$11.209 $1.735 $22.885
Non-recurring events
Discontinued operations
Extraordinary items
Effect of accounting change
Other items
Net income
EBITDA -$11.209 $1.735 $22.885
Income (for common shares) -$11.209 $1.735 $22.885

Cash flow

(in millions) 2017Q4 2017Q3 2017Q2 2017Q1
Net income -$9.786 $13.155 -$21.957 $0.461
Operating activities
Depreciation $13.109 $12.945 $12.418 $12.292
Net income adjustments $1.879 $7.142 -$2.05 $0.163
Change in accounts receivable -$40.015 -$40.015 -$40.015
Changes in liabilities $26.523 $26.523 $26.523
Changes in inventory -$18.867 -$18.867 -$18.867
Changes in other operating activities -$32.14 $40.367 -$15.923 -$9.016
Total cash flow from operations -$26.938 $41.25 -$27.512 $3.9
Investing activities
Capital expenditures -$6.318 -$11.442 -$10.321 -$8.495
Investments -$0.671 $12.247 $4.052 -$6.252
Other cash flows from investing -$4.65 -$3.906 -$3.906 -$3.906
Total cash flows from investing -$11.639 -$3.101 -$6.269 -$14.747
Financing activities
Dividends paid -$3.662 -$3.662 -$3.679
Sale and purchase of stock -$2.256 $0.527 $1.577 $0.02
Net borrowings $29.757 -$54.449 -$73.507 $10.804
Other cash flows from financing -$0.656 -$0.637 -$0.637 -$0.637
Total cash flows from financing $26.845 -$58.186 -$71.93 $7.145
Effect of exchange rate $0.584 $13.116 $4.958 $5.18
Change in cash and equivalents -$11.148 -$6.921 -$100.753 $1.478
(in millions) 2017 2016 2015
Net income -$11.209 $1.735 $22.885
Operating activities
Depreciation $51.099 $45.478 $37.662
Net income adjustments $6.255 -$12.847 $42.557
Change in accounts receivable -$40.015 $4.409 -$2.23
Changes in liabilities $26.523 -$10.545 $24.246
Changes in inventory -$18.867 -$0.062 -$21.669
Changes in other operating activities $10.95 $16.434 -$13.791
Total cash flow from operations $24.736 $44.602 $89.689
Investing activities
Capital expenditures -$36.932 -$32.093 -$22.202
Investments $10.047 $14.986 -$7.682
Other cash flows from investing -$15.597 -$243.459 -$95.171
Total cash flows from investing -$42.482 -$260.566 -$125.055
Financing activities
Dividends paid -$7.341 -$7.285 -$7.256
Sale and purchase of stock -$0.21 -$1.563 -$3.681
Net borrowings -$119.685 $248.103 $84.274
Other cash flows from financing -$2.625 -$2.479 -$2.479
Total cash flows from financing -$129.826 $233.126 $73.304
Effect of exchange rate $10.588 -$38.511 -$10.95
Change in cash and equivalents -$136.984 -$21.349 $26.988
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