Casa Systems, Inc. provides software-centric broadband products in North America, Latin America, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers software-centric infrastructure solutions that allow cable service providers to deliver voice, video, and data services over a single platform at multi-gigabit speeds. It also provides solutions for next-generation centralized, distributed, and virtualized architectures for cable broadband, fixed-line broadband, and wireless networks. Casa Systems, Inc. was founded in 2003 and is headquartered in Andover, Massachusetts.
Industry, Sector and Symbol
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorConsumer Discretionary
Phone978-688-6706
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$351.58 million
Profitability
Miscellaneous
Employees680
OptionableOptionable
Casa Systems (NASDAQ:CASA) Frequently Asked Questions
What is Casa Systems' stock symbol?
Casa Systems trades on the NASDAQ under the ticker symbol "CASA."
How were Casa Systems' earnings last quarter?
Casa Systems Inc (NASDAQ:CASA) issued its quarterly earnings data on Wednesday, November, 7th. The company reported $0.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.08. The firm earned $71.50 million during the quarter, compared to analysts' expectations of $75.88 million. Casa Systems had a return on equity of 109.09% and a net margin of 17.93%. The firm's quarterly revenue was down 24.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.31 EPS. View Casa Systems' Earnings History.
When is Casa Systems' next earnings date?
What guidance has Casa Systems issued on next quarter's earnings?
Casa Systems updated its fourth quarter earnings guidance on Thursday, January, 17th. The company provided EPS guidance of $0.13-$0.17 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.20. The company issued revenue guidance of $63-$69 million, compared to the consensus revenue estimate of $104.44 million.
What price target have analysts set for CASA?
7 analysts have issued 12 month target prices for Casa Systems' shares. Their predictions range from $11.00 to $25.00. On average, they expect Casa Systems' stock price to reach $17.2857 in the next year. This suggests a possible upside of 46.2% from the stock's current price. View Analyst Price Targets for Casa Systems.
What is the consensus analysts' recommendation for Casa Systems?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Casa Systems in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Casa Systems.
Has Casa Systems been receiving favorable news coverage?
Media stories about CASA stock have been trending negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Casa Systems earned a news impact score of -2.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the company's share price in the immediate future.
Who are some of Casa Systems' key competitors?
Some companies that are related to Casa Systems include Echostar (SATS), ViaSat (VSAT), Commscope (COMM), Mitel Networks (MITL), Loral Space & Communications Ltd. (LORL), Comtech Telecomm. (CMTL), Sierra Wireless (SWIR), Gilat Satellite Networks (GILT), CalAmp (CAMP), Harmonic (HLIT), Maxar Technologies (MAXR), Ceragon Networks (CRNT), KVH Industries (KVHI), Energous (WATT) and Vuzix (VUZI).
Who are Casa Systems' key executives?
Casa Systems' management team includes the folowing people:
- Mr. Jerry Guo, Chairman, Pres, CEO & Sec. (Age 56)
- Ms. Lucy Xie, Sr. VP of Operations & Director (Age 53)
- Mr. Weidong Chen, CTO & Director (Age 52)
- Mr. Shaun N. McCarthy, VP, Corp. Controller, Interim CFO & Principal Accounting Officer (Age 49)
- Todd M. Keebaugh Esq., Corp. Counsel
When did Casa Systems IPO?
(CASA) raised $78 million in an initial public offering (IPO) on Friday, December 15th 2017. The company issued 6,000,000 shares at $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.
Who are Casa Systems' major shareholders?
Casa Systems' stock is owned by a number of of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (0.66%) and Steward Partners Investment Advisory LLC (0.02%). Company insiders that own Casa Systems stock include 2012 Irrevocable Tru Dragonfly, Bruce R Evans, Gary D Hall, Jerry Guo, Lucy Xie, Peter Y Chung and Weidong Chen. View Institutional Ownership Trends for Casa Systems.
Which major investors are selling Casa Systems stock?
CASA stock was sold by a variety of institutional investors in the last quarter, including Steward Partners Investment Advisory LLC. Company insiders that have sold Casa Systems company stock in the last year include 2012 Irrevocable Tru Dragonfly, Gary D Hall, Jerry Guo, Lucy Xie, Peter Y Chung and Weidong Chen. View Insider Buying and Selling for Casa Systems.
Which major investors are buying Casa Systems stock?
CASA stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC. Company insiders that have bought Casa Systems stock in the last two years include Bruce R Evans and Jerry Guo. View Insider Buying and Selling for Casa Systems.
How do I buy shares of Casa Systems?
Shares of CASA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Casa Systems' stock price today?
One share of CASA stock can currently be purchased for approximately $11.82.
How big of a company is Casa Systems?
Casa Systems has a market capitalization of $1.02 billion and generates $351.58 million in revenue each year. The company earns $88.50 million in net income (profit) each year or $0.79 on an earnings per share basis. Casa Systems employs 680 workers across the globe.
What is Casa Systems' official website?
How can I contact Casa Systems?
Casa Systems' mailing address is 100 OLD RIVER ROAD, ANDOVER MA, 01810. The company can be reached via phone at 978-688-6706 or via email at [email protected]
MarketBeat Community Rating for Casa Systems (NASDAQ CASA)
MarketBeat's community ratings are surveys of what our community members think about Casa Systems and other stocks. Vote "Outperform" if you believe CASA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CASA will underperform the S&P 500 over the long term. You may vote once every thirty days.
