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Casa Systems Stock Price, Forecast & Analysis (NASDAQ:CASA)

$3.41
+0.09 (+2.71 %)
(As of 11/15/2019 02:25 PM ET)
Today's Range
$3.32
Now: $3.41
$3.45
50-Day Range
$3.32
MA: $6.03
$7.82
52-Week Range
$3.09
Now: $3.41
$16.09
Volume32,411 shs
Average Volume739,550 shs
Market Capitalization$285.86 million
P/E Ratio4.26
Dividend YieldN/A
Beta0.87
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 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. Read More…

Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorConsumer Discretionary
Current SymbolNASDAQ:CASA
CUSIPN/A
Phone978-688-6706

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$297.13 million
Cash Flow$0.96 per share
Book Value$0.75 per share

Profitability

Net Income$73.01 million

Miscellaneous

Employees777
Market Cap$285.86 million
Next Earnings Date2/20/2020 (Estimated)
OptionableOptionable

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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) posted its quarterly earnings data on Thursday, October, 31st. The company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.10 by $0.13. The business earned $81.80 million during the quarter, compared to the consensus estimate of $108.08 million. Casa Systems had a positive return on equity of 0.01% and a negative net margin of 3.22%. The company's revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.22 earnings per share. View Casa Systems' Earnings History.

When is Casa Systems' next earnings date?

Casa Systems is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Casa Systems.

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

Casa Systems issued an update on its FY19 earnings guidance on Thursday, October, 31st. The company provided EPS guidance of ($0.25)-(0.15) for the period, compared to the Thomson Reuters consensus estimate of $0.24. The company issued revenue guidance of $255-270 million, compared to the consensus revenue estimate of $325.25 million.

What price target have analysts set for CASA?

8 brokerages have issued twelve-month price objectives for Casa Systems' shares. Their forecasts range from $7.00 to $14.00. On average, they expect Casa Systems' share price to reach $10.17 in the next twelve months. This suggests a possible upside of 198.1% from the stock's current price. View Analyst Price Targets for Casa Systems.

What is the consensus analysts' recommendation for Casa Systems?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Casa Systems in the last year. There are currently 1 sell rating, 6 hold ratings and 1 buy rating 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 headlines about CASA stock have trended somewhat negative on Friday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Casa Systems earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Casa Systems.

Are investors shorting Casa Systems?

Casa Systems saw a decline in short interest in the month of October. As of October 31st, there was short interest totalling 1,140,000 shares, a decline of 17.4% from the September 30th total of 1,380,000 shares. Based on an average trading volume of 366,600 shares, the days-to-cover ratio is presently 3.1 days. Currently, 4.0% of the company's stock are sold short. View Casa Systems' Current Options Chain.

Who are some of Casa Systems' key competitors?

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), Lam Research (LRCX), Corus Entertainment (CJREF), Nektar Therapeutics (NKTR), Advanced Energy Industries (AEIS), KLA-Tencor (KLAC), Micron Technology (MU), SP Plus (SP) and Argan (AGX).

Who are Casa Systems' key executives?

Casa Systems' management team includes the folowing people:
  • Mr. Jerry Guo, Founder, Chairman, Pres, CEO & Sec. (Age 56)
  • Ms. Lucy Xie, Sr. VP of Operations & Director (Age 53)
  • Mr. Weidong Chen, CTO & Director (Age 52)
  • Mr. Maurizio Nicolelli, Chief Financial Officer (Age 51)
  • Ms. Monica Gould, Head of Investor Relations

When did Casa Systems IPO?

(CASA) raised $78 million in an initial public offering 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 variety of of retail and institutional investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (2.81%), Peregrine Capital Management LLC (0.94%), Russell Investments Group Ltd. (0.05%) and Denali Advisors 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, Michael T Hayashi, Peter Y Chung and Weidong Chen. View Institutional Ownership Trends for Casa Systems.

Which institutional investors are selling Casa Systems stock?

CASA stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC. View Insider Buying and Selling for Casa Systems.

Which institutional investors are buying Casa Systems stock?

CASA stock was bought by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Russell Investments Group Ltd. and Denali Advisors LLC. Company insiders that have bought Casa Systems stock in the last two years include Bruce R Evans, Jerry Guo and Michael T Hayashi. 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, Robinhood, Fidelity and Charles Schwab.

What is Casa Systems' stock price today?

One share of CASA stock can currently be purchased for approximately $3.41.

How big of a company is Casa Systems?

Casa Systems has a market capitalization of $285.86 million and generates $297.13 million in revenue each year. The company earns $73.01 million in net income (profit) each year or $0.80 on an earnings per share basis. Casa Systems employs 777 workers across the globe.View Additional Information About Casa Systems.

What is Casa Systems' official website?

The official website for Casa Systems is http://www.casa-systems.com/.

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  326 (Vote Outperform)
Underperform Votes:  373 (Vote Underperform)
Total Votes:  699
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.
This page was last updated on 11/15/2019 by MarketBeat.com Staff

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