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Berlin climate proposal fails to get enough yes votes to win
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Bank Accounts: Frozen! (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Bank Accounts: Frozen! (Ad)
Travel disruption hits Germany on eve of transport strike
Biden's pick to lead FAA withdraws amid shaky Senate support
Biden To Unleash "Choke Point" Operation On America? (Ad)
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Bank Accounts: Frozen! (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Bank Accounts: Frozen! (Ad)
Travel disruption hits Germany on eve of transport strike
Biden's pick to lead FAA withdraws amid shaky Senate support
Biden To Unleash "Choke Point" Operation On America? (Ad)
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Bank Accounts: Frozen! (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Bank Accounts: Frozen! (Ad)
Travel disruption hits Germany on eve of transport strike
Biden's pick to lead FAA withdraws amid shaky Senate support
Biden To Unleash "Choke Point" Operation On America? (Ad)
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
NASDAQ:CASA

Casa Systems - CASA Stock Forecast, Price & News

$1.22
+0.11 (+9.91%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$1.11
$1.23
50-Day Range
$1.06
$3.90
52-Week Range
$1.03
$7.18
Volume
872,139 shs
Average Volume
694,110 shs
Market Capitalization
$116.94 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.00

Casa Systems MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
227.9% Upside
$4.00 Price Target
Short Interest
Bearish
6.81% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.07
Upright™ Environmental Score
News Sentiment
0.70mentions of Casa Systems in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.29) to ($0.17) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.17 out of 5 stars

Consumer Discretionary Sector

165th out of 262 stocks

Radio & T.V. Communications Equipment Industry

12th out of 26 stocks


CASA stock logo

About Casa Systems (NASDAQ:CASA) Stock

Casa Systems, Inc. engages in the provision and development of digital cable video and broadband services. Its products include cable, fixed, mobile, optical, Wi-Fi networks, and Casa access devices. The company was founded by Jerry Guo in 2003 and is headquartered in Andover, MA.

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CASA Stock News Headlines

Urgent Warning
This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …
Casa Systems Q4 2022 Earnings Preview
Urgent Warning
This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …
Casa Systems CEO Jerry Guo to Retire Friday
Casa Systems's Earnings Outlook
40 Under 40 winner: Shelley Banker
See More Headlines
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CASA Company Calendar

Last Earnings
11/01/2021
Today
3/26/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:CASA
Employees
1,043
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$4.00
High Stock Price Forecast
$5.00
Low Stock Price Forecast
$3.00
Forecasted Upside/Downside
+227.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-79,210,000.00
Pretax Margin
-27.43%

Debt

Sales & Book Value

Annual Sales
$286.54 million
Book Value
$0.52 per share

Miscellaneous

Free Float
33,452,000
Market Cap
$116.94 million
Optionable
Optionable
Beta
1.10

Key Executives

  • Jerry Guo
    President, Chief Executive Officer & Director
  • Lucy XieLucy Xie
    Director
  • Edward Durkin
    Chief Financial Officer
  • Weidong ChenWeidong Chen
    Chief Technology Officer
  • Gibson Ang
    Vice President-Technology













CASA Stock - Frequently Asked Questions

Should I buy or sell Casa Systems stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Casa Systems in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CASA shares.
View CASA analyst ratings
or view top-rated stocks.

What is Casa Systems' stock price forecast for 2023?

2 Wall Street analysts have issued 1-year price targets for Casa Systems' stock. Their CASA share price forecasts range from $3.00 to $5.00. On average, they predict the company's stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 227.9% from the stock's current price.
View analysts price targets for CASA
or view top-rated stocks among Wall Street analysts.

How have CASA shares performed in 2023?

Casa Systems' stock was trading at $2.73 at the beginning of the year. Since then, CASA shares have decreased by 55.3% and is now trading at $1.22.
View the best growth stocks for 2023 here
.

When is Casa Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our CASA earnings forecast
.

How were Casa Systems' earnings last quarter?

Casa Systems, Inc. (NASDAQ:CASA) released its quarterly earnings results on Monday, November, 1st. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.10. The business earned $99.22 million during the quarter, compared to analysts' expectations of $106.45 million. Casa Systems had a negative net margin of 27.64% and a negative trailing twelve-month return on equity of 140.04%. During the same period in the prior year, the business earned $0.04 earnings per share.

What ETF holds Casa Systems' stock ?

Defiance Next Gen Connectivity ETF holds 696,047 shares of CASA stock, representing 0.37% of its portfolio.

What guidance has Casa Systems issued on next quarter's earnings?

Casa Systems issued an update on its FY 2023 earnings guidance on Tuesday, March, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $300.00 million-$325.00 million, compared to the consensus revenue estimate of $355.68 million.

What is Jerry Guo's approval rating as Casa Systems' CEO?

34 employees have rated Casa Systems Chief Executive Officer Jerry Guo on Glassdoor.com. Jerry Guo has an approval rating of 54% among the company's employees. This puts Jerry Guo in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Casa Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Casa Systems investors own include Applied Materials (AMAT), FTS International (FTSI), Nektar Therapeutics (NKTR), Corus Entertainment (CJREF), Lam Research (LRCX), Advanced Energy Industries (AEIS), KLA (KLAC), SP Plus (SP), Block (SQ) and THOR Industries (THO).

When did Casa Systems IPO?

(CASA) raised $78 million in an IPO on Friday, December 15th 2017. The company issued 6,000,000 shares at a price of $13.00 per share. Morgan Stanley and Barclays acted as the underwriters for the IPO and Raymond James, Stifel, Macquarie Capital, Northland Capital Markets and William Blair were co-managers.

What is Casa Systems' stock symbol?

Casa Systems trades on the NASDAQ under the ticker symbol "CASA."

Who are Casa Systems' major shareholders?

Casa Systems' stock is owned by many different institutional and retail investors. Top institutional investors include Alliancebernstein L.P. (4.48%), Penserra Capital Management LLC (0.76%), Geode Capital Management LLC (0.64%), JPMorgan Chase & Co. (0.50%), Charles Schwab Investment Management Inc. (0.44%) and Renaissance Technologies LLC (0.41%). Insiders that own company stock include Lucy Xie, Michael T Hayashi, Weidong Chen and William C Styslinger III.
View institutional ownership trends
.

How do I buy shares of Casa Systems?

Shares of CASA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Casa Systems' stock price today?

One share of CASA stock can currently be purchased for approximately $1.22.

How much money does Casa Systems make?

Casa Systems (NASDAQ:CASA) has a market capitalization of $116.94 million and generates $286.54 million in revenue each year. The company earns $-79,210,000.00 in net income (profit) each year or ($0.89) on an earnings per share basis.

How many employees does Casa Systems have?

The company employs 1,043 workers across the globe.

How can I contact Casa Systems?

Casa Systems' mailing address is 100 OLD RIVER ROAD, ANDOVER MA, 01810. The official website for the company is www.casa-systems.com. The company can be reached via phone at (978) 688-6706, via email at investorrelations@casa-systems.com, or via fax at 978-688-6584.

This page (NASDAQ:CASA) was last updated on 3/26/2023 by MarketBeat.com Staff