S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NASDAQ:CASA

Casa Systems Stock Forecast, Price & News

$4.83
-0.13 (-2.62%)
(As of 11/26/2021 12:00 AM ET)
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Compare
Today's Range
$4.76
$4.90
50-Day Range
$4.83
$6.94
52-Week Range
$4.76
$13.15
Volume
139,603 shs
Average Volume
445,142 shs
Market Capitalization
$415.41 million
P/E Ratio
17.25
Dividend Yield
N/A
Beta
0.99
30 days | 90 days | 365 days | Advanced Chart
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Casa Systems logo

About Casa Systems

Casa Systems, Inc. engages in the provision and development of digital cable video and broadband services. Its products include cable, fixed, mobile, optical, and Wi-Fi networks; and casa access devices. The company was founded by Jerry Guo in 2003 and is headquartered in Andover, MA.

Headlines

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Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:CASA
Employees
993
Year Founded
N/A

Sales & Book Value

Annual Sales
$393.25 million
Cash Flow
$0.38 per share
Book Value
$1.01 per share

Profitability

Net Income
$24.80 million
Pretax Margin
3.71%

Debt

Price-To-Earnings

Miscellaneous

Free Float
30,016,000
Market Cap
$415.41 million
Optionable
Optionable

Company Calendar

Last Earnings
11/01/2021
Today
11/28/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/17/2022

MarketRank

Overall MarketRank

2.53 out of 5 stars

Consumer Discretionary Sector

85th out of 389 stocks

Radio & T.V. Communications Equipment Industry

8th out of 32 stocks

Analyst Opinion: 3.1Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 4.2Valuation: 1.3 5 -4 -3 -2 -1 -












Casa Systems (NASDAQ:CASA) Frequently Asked Questions

Is Casa Systems a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Casa Systems in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 top-rated stocks.

How has Casa Systems' stock price been impacted by COVID-19 (Coronavirus)?

Casa Systems' stock was trading at $2.23 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CASA shares have increased by 116.6% and is now trading at $4.83.
View which stocks have been most impacted by COVID-19
.

When is Casa Systems' next earnings date?

Casa Systems is scheduled to release its next quarterly earnings announcement on Thursday, February 17th 2022.
View our earnings forecast for Casa Systems
.

How were Casa Systems' earnings last quarter?

Casa Systems, Inc. (NASDAQ:CASA) posted its quarterly earnings data on Monday, November, 1st. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.10. Casa Systems had a trailing twelve-month return on equity of 20.61% and a net margin of 5.97%. During the same quarter last year, the business posted $0.04 earnings per share.
View Casa Systems' earnings history
.

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

Casa Systems updated its FY 2021 earnings guidance on Tuesday, November, 9th. The company provided EPS guidance of $0.060-$0.140 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.240. The company issued revenue guidance of $394 million-$404 million, compared to the consensus revenue estimate of $367.75 million.

What price target have analysts set for CASA?

5 equities research analysts have issued twelve-month target prices for Casa Systems' stock. Their forecasts range from $6.50 to $10.00. On average, they anticipate Casa Systems' share price to reach $7.88 in the next year. This suggests a possible upside of 63.0% from the stock's current price.
View analysts' price targets for Casa Systems
or view top-rated stocks among Wall Street analysts.

Who are Casa Systems' key executives?

Casa Systems' management team includes the following people:
  • Jerry Guo, Chairman, President & Chief Executive Officer
  • Lucy Xie, Director & Senior Vice President-Operations (LinkedIn Profile)
  • Scott Allan Bruckner, Chief Financial Officer
  • Weidong Chen, Chief Technology Officer
  • Matthew Slepian, Vice President & Controller

What is Jerry Guo's approval rating as Casa Systems' CEO?

34 employees have rated Casa Systems CEO Jerry Guo on Glassdoor.com. Jerry Guo has an approval rating of 54% among Casa Systems' employees. This puts Jerry Guo in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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).

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 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 many different retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (5.14%), BlackRock Inc. (2.62%), Peregrine Capital Management LLC (2.03%), Benefit Street Partners LLC (1.79%), Penserra Capital Management LLC (0.83%) and Dimensional Fund Advisors LP (0.73%). Company insiders that own Casa Systems stock include Lucy Xie, Michael T Hayashi, Weidong Chen and William C Styslinger III.
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 Arrowstreet Capital Limited Partnership, Peregrine Capital Management LLC, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Citadel Advisors LLC, BlackRock Inc., Geode Capital Management LLC, and Los Angeles Capital Management LLC. Company insiders that have sold Casa Systems company stock in the last year include Lucy Xie, Weidong Chen, and William C Styslinger III.
View insider buying and selling activity for Casa Systems
or view top insider-selling stocks.

Which major investors are buying Casa Systems stock?

CASA stock was purchased by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Formula Growth Ltd., Two Sigma Investments LP, Benefit Street Partners LLC, Two Sigma Advisers LP, Goldman Sachs Group Inc., GSA Capital Partners LLP, and Squarepoint Ops 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.
Compare Top Brokerages Here.

What is Casa Systems' stock price today?

One share of CASA stock can currently be purchased for approximately $4.83.

How much money does Casa Systems make?

Casa Systems has a market capitalization of $415.41 million and generates $393.25 million in revenue each year. The company earns $24.80 million in net income (profit) each year or $0.28 on an earnings per share basis.

How many employees does Casa Systems have?

Casa Systems employs 993 workers across the globe.

What is Casa Systems' official website?

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

Where are Casa Systems' headquarters?

Casa Systems is headquartered at 100 OLD RIVER ROAD, ANDOVER MA, 01810.

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, via email at [email protected], or via fax at 978-688-6584.


This page was last updated on 11/28/2021 by MarketBeat.com Staff

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