Is Buying All-time Stock Like Cubic Corporation (CUB) a Winning Strategy?

March 14, 2018 - By Nellie Frank

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.
Us Retail Bank De has 11,945 shares for 0% of their portfolio. Old Comml Bank In reported 6,440 shares or 0.02% of all its holdings. 1492 Capital Management Ltd Liability Company has invested 1.82% in Cubic Corporation (NYSE:CUB). 50,378 were reported by Prudential Fincl Incorporated. 4,939 were accumulated by State Of Alaska Department Of Revenue. Ls Advisors Limited Liability reported 937 shares. Peak6 Investments Limited Partnership reported 0% stake. Royal Bankshares Of Canada invested in 12,662 shares. Fdx Advisors accumulated 0.01% or 6,832 shares. Citadel Advsr Ltd Limited Liability Company owns 88,858 shares. 29,207 were reported by Morgan Dempsey Llc. Sterling Mngmt Limited Liability Company holds 0.02% or 38,258 shares in its portfolio. Verition Fund Mngmt Limited Liability Corp holds 0.02% or 4,249 shares. Invesco has 95,142 shares. Alliancebernstein Limited Partnership reported 0% of its portfolio in Cubic Corporation (NYSE:CUB).

The stock of Cubic Corporation (NYSE:CUB) reached all time high today, Mar, 14 and still has $69.42 target or 6.00 % above today’s $65.49 share price. This indicates more upside for the $1.78B company. This technical setup was reported by If the $69.42 PT is reached, the company will be worth $106.98 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 0.29% or $0.19 during the last trading session, reaching $65.49. About 96,040 shares traded. Cubic Corporation (NYSE:CUB) has risen 14.76% since March 14, 2017 and is uptrending. It has underperformed by 1.94% the S&P500.

Analysts await Cubic Corporation (NYSE:CUB) to report earnings on May, 14. They expect $0.17 EPS, up 750.00 % or $0.15 from last year’s $0.02 per share. CUB’s profit will be $4.63M for 96.31 P/E if the $0.17 EPS becomes a reality. After $-0.01 actual EPS reported by Cubic Corporation for the previous quarter, Wall Street now forecasts -1,800.00 % EPS growth.

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 firm has “Overweight” rating given on Thursday, August 10 by JP Morgan. The rating was downgraded by J.P. Morgan on Monday, November 27 to “Hold”. The firm has “Buy” rating given on Tuesday, November 21 by Canaccord Genuity. The company was maintained on Thursday, August 10 by Canaccord Genuity. Credit Suisse maintained it with “Buy” rating and $58.0 target in Wednesday, October 11 report. The company was maintained on Wednesday, September 27 by Needham. Credit Suisse upgraded Cubic Corporation (NYSE:CUB) on Thursday, September 17 to “Outperform” rating. Needham maintained the shares of CUB in report on Friday, October 14 with “Buy” rating. Canaccord Genuity initiated Cubic Corporation (NYSE:CUB) on Wednesday, June 8 with “Buy” rating. Raymond James upgraded Cubic Corporation (NYSE:CUB) rating on Friday, September 22. Raymond James has “Buy” rating and $60.0 target.

More recent Cubic Corporation (NYSE:CUB) news were published by: which released: “Cubic Corporation (CUB) Ex-Dividend Date Scheduled for February 28, 2018” on February 27, 2018. Also published the news titled: “Cubic Corporation Announces Semiannual Dividend” on February 19, 2018.‘s news article titled: “Cubic Strengthens C4ISR Business with Acquisition of MotionDSP” with publication date: February 22, 2018 was also an interesting one.

Cubic Corporation provides systems and solutions for the transportation and defense markets in the United States and internationally. The company has market cap of $1.78 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.

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