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

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

Casa Systems Inc (NASDAQ:CASA) released its quarterly earnings data on Wednesday, November, 7th. The company reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.08. The firm had revenue of $71.50 million for the quarter, compared to the consensus estimate of $75.88 million. Casa Systems had a return on equity of 109.09% and a net margin of 17.93%. The firm's revenue was down 24.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.31 earnings per share. View Casa Systems' Earnings History.

Casa Systems is scheduled to release their next quarterly earnings announcement on Tuesday, March 5th 2019. View Earnings Estimates for Casa Systems.

Casa Systems updated its fourth quarter earnings guidance on Thursday, January, 17th. The company provided earnings per share (EPS) guidance of $0.13-$0.17 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.20. The company issued revenue guidance of $63-$69 million, compared to the consensus revenue estimate of $104.44 million.

7 equities research analysts have issued 1 year price targets for Casa Systems' shares. Their predictions range from $15.08 to $25.00. On average, they expect Casa Systems' share price to reach $19.0114 in the next year. This suggests a possible upside of 32.1% from the stock's current price. View Analyst Price Targets for Casa Systems.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Casa Systems in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Casa Systems.

News articles about CASA stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media 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 nearest to five being the most favorable. Casa Systems earned a news sentiment score of -2.8 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the company's share price in the next several days.

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), Energous (WATT), KVH Industries (KVHI) and Vuzix (VUZI).

(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.

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.

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.

CASA stock was purchased 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.

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.

One share of CASA stock can currently be purchased for approximately $14.39.

Casa Systems has a market capitalization of $1.18 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.

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

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]