NASDAQ:CASA

Casa Systems Stock Forecast, Price & News

$9.87
+0.16 (+1.65 %)
(As of 04/14/2021 12:00 AM ET)
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Today's Range
$9.80
Now: $9.87
$10.57
50-Day Range
$7.46
MA: $9.11
$10.07
52-Week Range
$3.37
Now: $9.87
$13.15
Volume723,254 shs
Average Volume690,678 shs
Market Capitalization$836.65 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

Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryN/A
Current SymbolNASDAQ:CASA
CUSIPN/A
Phone978-688-6706
Employees993
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$282.30 million
Cash Flow$0.15 per share
Book Value$0.46 per share

Profitability

Net Income$-48,210,000.00

Miscellaneous

Market Cap$836.65 million
Next Earnings Date4/29/2021 (Estimated)
OptionableOptionable

Headlines

Casa Systems (NASDAQ:CASA) Sees Strong Trading Volume
April 14, 2021 |  americanbankingnews.com
Casa Systems (NASDAQ:CASA) Stock Price Down 4.3%
April 6, 2021 |  americanbankingnews.com
The race for equity
March 23, 2021 |  bizjournals.com
Why Casa Systems Stock Soared More Than 50% Friday
February 27, 2021 |  finance.yahoo.com
Casa Systems: Q4 Earnings Insights
February 18, 2021 |  benzinga.com
See More Headlines

MarketRank

Overall MarketRank

1.34 out of 5 stars

Consumer Discretionary Sector

184th out of 572 stocks

Radio & T.V. Communications Equipment Industry

19th out of 52 stocks

Analyst Opinion: 1.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -
$9.87
+0.16 (+1.65 %)
(As of 04/14/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Casa Systems (NASDAQ:CASA) Frequently Asked Questions

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 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Casa Systems stock.
View analyst ratings for Casa Systems
or view top-rated stocks.

What stocks does MarketBeat like better than Casa Systems?

Wall Street analysts have given Casa Systems a "Buy" 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.

When is Casa Systems' next earnings date?

Casa Systems is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Casa Systems
.

How were Casa Systems' earnings last quarter?

Casa Systems, Inc. (NASDAQ:CASA) issued its quarterly earnings data on Wednesday, February, 17th. The company reported $0.27 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.16. The business earned $120.53 million during the quarter, compared to analysts' expectations of $108.21 million. Casa Systems had a negative net margin of 6.24% and a positive trailing twelve-month return on equity of 11.73%.
View Casa Systems' earnings history
.

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

Casa Systems' stock was trading at $2.23 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CASA shares have increased by 342.6% and is now trading at $9.87.
View which stocks have been most impacted by COVID-19
.

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

Casa Systems issued an update on its FY 2021 After-Hours earnings guidance on Thursday, February, 18th. The company provided earnings per share (EPS) guidance of 0.23-0.32 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.31. The company issued revenue guidance of $425-445 million, compared to the consensus revenue estimate of $420.95 million.

What price target have analysts set for CASA?

4 brokerages have issued 1 year price objectives for Casa Systems' shares. Their forecasts range from $8.00 to $12.00. On average, they expect Casa Systems' stock price to reach $9.75 in the next year. This suggests that the stock has a possible downside of 1.2%.
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:
  • Mr. Jerry Guo, Founder, Chairman, Pres & CEO (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
  • Mr. Timothy C. Rodenberger, Gen. Counsel & Corp. Sec.
  • 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)

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.

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).

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 $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.

What is Casa Systems' stock symbol?

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

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 $9.87.

How much money does Casa Systems make?

Casa Systems has a market capitalization of $836.65 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.

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 or via email at [email protected]


This page was last updated on 4/15/2021 by MarketBeat.com Staff
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