#5 - Calix (NYSE:CALX)
Calix (NYSE: CALX) For investors who are intrigued by small-cap stocks, Calix presents an intriguing opportunity. Calix is a $330 million player in the highly competitive telecom sector, providing broadband communications systems and software as well as developing and selling hardware and software. The stock has tumbled over 60% since February and is currently trading below $7 per share. Part of the reason for the drop may be explained in two words: inconsistent earnings. The stock beat the consensus estimates in the third quarter of 2018, only to fall below estimates in the fourth quarter. The performance of this stock is reflected by stock analysts. The consensus rating of six analysts is a hold. However, whereas sometimes a hold rating can be seen as a sell signal, this rating was accompanied by a price target of $10.75, which would be significantly higher than its current price. One of the most significant insider buys was from one of the company’s directors, Daniel Plants, who invested nearly $160,000 in the company’s stock.
About Calix
Calix, Inc, together with its subsidiaries, engages in the provision of cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services.
Read More - Current Price
- $31.42
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 4 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $40.50 (28.9% Upside)
