S&P 500   3,841.47
DOW   30,996.98
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S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
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S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
pixel
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
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NASDAQ:CASA

Casa Systems Stock Forecast, Price & News

$7.94
+0.01 (+0.13 %)
(As of 01/22/2021 12:00 AM ET)
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Today's Range
$7.65
Now: $7.94
$7.99
50-Day Range
$6.14
MA: $6.87
$8.31
52-Week Range
$1.85
Now: $7.94
$8.61
Volume277,985 shs
Average Volume414,535 shs
Market Capitalization$663.18 million
P/E RatioN/A
Dividend YieldN/A
Beta1.2
Casa Systems, Inc., a communications technology company, provides solutions for next-generation centralized, distributed, and virtualized architectures for cable broadband, fixed-line broadband, and wireless networks in North America, Latin America, the Asia-Pacific, Europe, the Middle East, and Africa. It offers converged cable access platforms; wireless network core products, such as virtual evolved packet and 5G core products, and security and wireless gateways, as well as small cell solutions and fixed wireless access devices; and optical access solutions, virtualized broadband network gateway router and multiservice routers, fiber-to-the-distribution-point devices, and residential broadband gateways; and machine-to-machine and industrial internet of things routers. The company was founded in 2003 and is headquartered in Andover, Massachusetts.
Casa Systems logo

MarketRank

Overall MarketRank

1.31 out of 5 stars

Consumer Discretionary Sector

180th out of 567 stocks

Radio & T.V. Communications Equipment Industry

15th out of 52 stocks

Analyst Opinion: 1.1Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryN/A
Current SymbolNASDAQ:CASA
CUSIPN/A
Phone978-688-6706
Employees997

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$282.30 million
Cash Flow$0.12 per share
Book Value$0.46 per share

Profitability

Net Income$-48,210,000.00

Miscellaneous

Market Cap$663.18 million
Next Earnings Date2/18/2021 (Estimated)
OptionableOptionable
$7.94
+0.01 (+0.13 %)
(As of 01/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Casa Systems (NASDAQ:CASA) Frequently Asked Questions

How has Casa Systems' stock been impacted by Coronavirus?

Casa Systems' stock was trading at $2.23 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CASA stock has increased by 256.1% and is now trading at $7.94.
View which stocks have been most impacted by COVID-19
.

Is Casa Systems a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Casa Systems in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Casa Systems stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CASA, but not buy additional shares or sell existing shares.
View analyst ratings for Casa Systems
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Casa Systems?

Wall Street analysts have given Casa Systems a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Casa Systems wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as Casa Systems' CEO?

1,448 employees have rated Casa Systems CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among Casa Systems' employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Casa Systems' next earnings date?

Casa Systems is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Casa Systems
.

How were Casa Systems' earnings last quarter?

Casa Systems, Inc. (NASDAQ:CASA) posted its earnings results on Wednesday, October, 28th. The company reported $0.07 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.06. The company had revenue of $105.75 million for the quarter, compared to analysts' expectations of $92.30 million. Casa Systems had a positive return on equity of 11.73% and a negative net margin of 6.24%.
View Casa Systems' earnings history
.

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

Casa Systems updated its FY 2020 After-Hours earnings guidance on Wednesday, October, 28th. The company provided EPS guidance of 0.09-0.14 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.06. The company issued revenue guidance of $370-380 million, compared to the consensus revenue estimate of $357.09 million.

What price target have analysts set for CASA?

4 equities research analysts have issued 12-month target prices for Casa Systems' shares. Their forecasts range from $7.00 to $9.00. On average, they anticipate Casa Systems' stock price to reach $8.33 in the next year. This suggests a possible upside of 5.0% from the stock's current price.
View analysts' price targets for Casa Systems
or view Wall Street analyst' top-rated stocks.

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), Nektar Therapeutics (NKTR), Corus Entertainment (CJREF), Lam Research (LRCX), Advanced Energy Industries (AEIS), KLA (KLAC), SP Plus (SP), Square (SQ) and Thor Industries (THO).

Who are Casa Systems' key executives?

Casa Systems' management team includes the following people:
  • Mr. Jerry Guo, Founder, Chairman, Pres, CEO & Sec. (Age 58, Pay $1.43M)
  • Ms. Lucy Xie, Sr. VP of Operations & Director (Age 55, Pay $758.97k)
  • Mr. Weidong Chen, Chief Technology Officer (Age 54, Pay $693.02k)
  • Mr. Scott Bruckner, Chief Financial Officer (Age 62)
  • Mr. Matthew Slepian, Corp. Controller & Principal Accounting Officer (Age 56)
  • Ms. Monica Gould, Head of Investor Relations
  • Ms. Cheryl George, VP of HR
  • Mr. Abraham Pucheril, Sr. VP of Product Strategy & Management (Age 55)
  • Mr. Alfredo T. de Cardenas, Chief Customer Officer (Age 56)
  • Mr. Steve Collins, Sr. VP of Access Devices

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 served 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 a variety of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (2.87%).
View institutional ownership trends for Casa Systems
.

Which major investors are buying Casa Systems stock?

CASA stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC.
View insider buying and selling activity for Casa Systems
or or view top insider-buying stocks.

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 WeBull, 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 $7.94.

How big of a company is Casa Systems?

Casa Systems has a market capitalization of $663.18 million and generates $282.30 million in revenue each year. The company earns $-48,210,000.00 in net income (profit) each year or ($0.05) on an earnings per share basis. Casa Systems employs 997 workers across the globe.

What is Casa Systems' official website?

The official website for Casa Systems is 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]

This page was last updated on 1/24/2021 by MarketBeat.com Staff

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