NASDAQ:CASA - Casa Systems Stock Price, News, & Analysis

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$11.96 -0.02 (-0.17 %)
(As of 02/22/2019 04:46 AM ET)
Previous Close$11.98
Today's Range$11.7925 - $12.46
52-Week Range$10.50 - $34.21
Volume542,278 shs
Average Volume423,072 shs
Market Capitalization$1.03 billion
P/E Ratio15.14
Dividend YieldN/A
Beta-0.38
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.

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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$351.58 million
Cash Flow$0.5486 per share
Book Value$0.63 per share

Profitability

Net Income$88.50 million

Miscellaneous

Employees680
Market Cap$1.03 billion
Next Earnings DateN/A
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) posted its quarterly earnings results on Thursday, February, 21st. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.03. Casa Systems had a return on equity of 109.09% and a net margin of 17.93%. View Casa Systems' Earnings History.

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

Casa Systems updated its FY19 earnings guidance on Thursday, February, 21st. The company provided earnings per share guidance of $0.30-0.40 for the period, compared to the Thomson Reuters consensus estimate of $0.73. The company issued revenue guidance of $250-300 million, compared to the consensus revenue estimate of $313.08 million.Casa Systems also updated its FY 2019 guidance to $0.30-0.40 EPS.

What price target have analysts set for CASA?

7 analysts have issued 1-year target prices for Casa Systems' stock. Their forecasts range from $11.00 to $25.00. On average, they anticipate Casa Systems' stock price to reach $17.2857 in the next twelve months. This suggests a possible upside of 44.5% 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 5 hold ratings and 2 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 coverage about CASA stock has been trending positive this week, according to InfoTrie. The research firm identifies negative and positive news coverage by analyzing 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 five, with scores closest to five being the most favorable. Casa Systems earned a news sentiment score of 2.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the company's share price in the next several days.

Are investors shorting Casa Systems?

Casa Systems saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 1,224,773 shares, a drop of 36.7% from the January 15th total of 1,936,171 shares. Based on an average daily volume of 742,191 shares, the days-to-cover ratio is currently 1.7 days. Currently, 4.8% of the shares of the company are short sold. 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), Micron Technology (MU), YY (YY), Square (SQ), Lam Research (LRCX), IQIYI (IQ), JD.Com (JD), Alibaba Group (BABA), Intel (INTC) and Palo Alto Networks (PANW).

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. Maurizio Nicolelli, Chief Financial Officer (Age 51)
  • Todd M. Keebaugh Esq., Corp. Counsel

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 a price of $13.00 per share. Morgan Stanley and Barclays served 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (2.08%), Thornburg Investment Management Inc. (1.41%), Elk Creek Partners LLC (1.29%), Peregrine Capital Management LLC (0.66%), Two Sigma Advisers LP (0.46%) and Geode Capital Management LLC (0.45%). 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 Two Sigma Investments LP, Elk Creek Partners LLC, Legal & General Group Plc, Bank of America Corp DE, Thornburg Investment Management Inc., SG Americas Securities LLC, Gotham Asset Management LLC and Two Sigma Advisers LP. 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, Bank of New York Mellon Corp, Barclays PLC, Geode Capital Management LLC, Millennium Management LLC, D. E. Shaw & Co. Inc., California Public Employees Retirement System and Rhumbline Advisers. 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 $11.96.

How big of a company is Casa Systems?

Casa Systems has a market capitalization of $1.03 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?

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:  2.4 out of 5 (star star)
Outperform Votes:  236 (Vote Outperform)
Underperform Votes:  257 (Vote Underperform)
Total Votes:  493
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 2/22/2019 by MarketBeat.com Staff

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