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

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$14.89 -0.10 (-0.67 %)
(As of 11/20/2018 01:25 PM ET)
Previous Close$14.99
Today's Range$14.34 - $15.05
52-Week Range$11.26 - $34.21
Volume15,024 shs
Average Volume465,770 shs
Market Capitalization$1.37 billion
P/E Ratio18.94
Dividend YieldN/A
BetaN/A
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

Stock Exchange NASDAQ
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorConsumer Discretionary
Current SymbolNASDAQ:CASA
Previous Symbol
CUSIPN/A
Phone978-688-6706

Debt

Debt-to-Equity Ratio3.43
Current Ratio5.09
Quick Ratio4.61

Price-To-Earnings

Trailing P/E Ratio18.94
Forward P/E Ratio18.38
P/E GrowthN/A

Sales & Book Value

Annual Sales$351.58 million
Price / Sales3.66
Cash Flow$0.5066 per share
Price / Cash29.39
Book Value$0.63 per share
Price / Book23.63

Profitability

EPS (Most Recent Fiscal Year)$0.79
Net Income$88.50 million
Net Margins17.93%
Return on Equity109.09%
Return on Assets17.73%

Miscellaneous

Employees680
Outstanding Shares86,340,000
Market Cap$1.37 billion
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) issued its quarterly earnings data on Wednesday, November, 7th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.08. The firm had revenue of $71.50 million for the quarter, compared to analyst estimates of $75.88 million. Casa Systems had a net margin of 17.93% and a return on equity of 109.09%. The company's revenue for the quarter was down 24.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.31 earnings per share. View Casa Systems' Earnings History.

When is Casa Systems' next earnings date?

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

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

Casa Systems updated its FY18 earnings guidance on Wednesday, November, 7th. The company provided EPS guidance of $0.80-0.88 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.84. The company issued revenue guidance of $330-350 million, compared to the consensus revenue estimate of $337.13 million.

What price target have analysts set for CASA?

8 brokers have issued 1-year target prices for Casa Systems' shares. Their forecasts range from $16.00 to $25.00. On average, they expect Casa Systems' share price to reach $20.1429 in the next twelve months. This suggests a possible upside of 34.7% from the stock's current price. View Analyst Price Targets for Casa Systems.

What is the consensus analysts' recommendation for Casa Systems?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Casa Systems in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Casa Systems.

Has Casa Systems been receiving favorable news coverage?

News coverage about CASA stock has been trending somewhat positive on Tuesday, according to InfoTrie. InfoTrie identifies positive and negative media coverage by monitoring 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 nearest to five being the most favorable. Casa Systems earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near future.

Who are some of Casa Systems' key competitors?

Who are Casa Systems' key executives?

Casa Systems' management team includes the folowing people:
  • Mr. Jerry Guo, Chairman, Pres, CEO & Sec. (Age 55)
  • Ms. Lucy Xie, Sr. VP of Operations & Director (Age 52)
  • Mr. Weidong Chen, CTO & Director (Age 51)
  • Mr. Shaun N. McCarthy, VP, Corp. Controller, Interim CFO & Principal Accounting Officer (Age 48)
  • Todd M. Keebaugh Esq., Corp. Counsel

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.

Who are Casa Systems' major shareholders?

Casa Systems' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.09%), Elk Creek Partners LLC (1.51%), Thornburg Investment Management Inc. (1.49%), Point72 Asset Management L.P. (1.12%), Disciplined Growth Investors Inc. MN (0.69%) and The Manufacturers Life Insurance Company (0.61%). 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 Gilder Gagnon Howe & Co. LLC, Panagora Asset Management Inc., Monashee Investment Management LLC, Trexquant Investment LP, Quantbot Technologies LP, First Trust Advisors LP, GSA Capital Partners LLP and Prudential Financial Inc.. 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 BlackRock Inc., Disciplined Growth Investors Inc. MN, Peregrine Capital Management LLC, Thornburg Investment Management Inc., Anchor Capital Advisors LLC, The Manufacturers Life Insurance Company , Elk Creek Partners LLC and Teachers Advisors 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.

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 $14.95.

How big of a company is Casa Systems?

Casa Systems has a market capitalization of $1.37 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:  156 (Vote Outperform)
Underperform Votes:  163 (Vote Underperform)
Total Votes:  319
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 11/20/2018 by MarketBeat.com Staff

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