NASDAQ:CASA - Casa Systems Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $6.25 +0.11 (+1.79 %) (As of 05/22/2019 06:54 AM ET)Previous Close$6.14Today's Range$6.1450 - $6.315052-Week Range$6.13 - $21.23Volume280,439 shsAverage Volume466,911 shsMarket Capitalization$523.94 millionP/E Ratio7.81Dividend YieldN/ABeta-0.3 ProfileAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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 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. Receive CASA News and Ratings via Email Sign-up to receive the latest news and ratings for CASA and its competitors with MarketBeat's FREE daily newsletter. 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 CIK1333835 Webhttp://www.casa-systems.com/ Phone978-688-6706Debt Debt-to-Equity Ratio4.47 Current Ratio5.12 Quick Ratio4.23Price-To-Earnings Trailing P/E Ratio7.81 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$297.13 million Price / Sales1.76 Cash Flow$0.9470 per share Price / Cash Flow6.60 Book Value$0.78 per share Price / Book8.01Profitability EPS (Most Recent Fiscal Year)$0.80 Net Income$73.01 million Net Margins16.38% Return on Equity51.33% Return on Assets8.93%Miscellaneous Employees777 Outstanding Shares83,830,000Market Cap$523.94 million Next Earnings Date8/13/2019 (Estimated) 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, May, 1st. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.02 by $0.18. The firm had revenue of $35.50 million for the quarter, compared to analyst estimates of $55.83 million. Casa Systems had a net margin of 16.38% and a return on equity of 51.33%. The firm's revenue for the quarter was down 60.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.23 EPS. 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, August 13th 2019. View Earnings Estimates for Casa Systems. What guidance has Casa Systems issued on next quarter's earnings? Casa Systems issued an update on its FY19 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of $0.30-0.40 for the period, compared to the Thomson Reuters consensus estimate of $0.35. The company issued revenue guidance of $250-300 million, compared to the consensus revenue estimate of $274.74 million. What price target have analysts set for CASA? 9 brokerages have issued 1 year price objectives for Casa Systems' shares. Their predictions range from $11.00 to $24.00. On average, they anticipate Casa Systems' share price to reach $15.4286 in the next year. This suggests a possible upside of 146.9% from the stock's current price. View Analyst Price Targets for Casa Systems. What is the consensus analysts' recommendation for Casa Systems? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Casa Systems in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Casa Systems. Has Casa Systems been receiving favorable news coverage? News stories about CASA stock have trended somewhat negative on Wednesday, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Casa Systems earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. Who are some of Casa Systems' key competitors? Some companies that are related to Casa Systems include Mitel Networks (MITL), Loral Space & Communications Ltd. (LORL), Comtech Telecomm. (CMTL), Harmonic (HLIT), Sierra Wireless (SWIR), Gilat Satellite Networks (GILT), CalAmp (CAMP), Maxar Technologies (MAXR), Ceragon Networks (CRNT), KVH Industries (KVHI), Energous (WATT), Airgain (AIRG), Pointer Telocation (PNTR), PC Tel (PCTI) and Aviat Networks (AVNW). 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), Lam Research (LRCX), Corus Entertainment (CJREF), Nektar Therapeutics (NKTR), Advanced Energy Industries (AEIS), KLA-Tencor (KLAC), Micron Technology (MU), SP Plus (SP) and Argan (AGX). Who are Casa Systems' key executives? Casa Systems' management team includes the folowing people: Mr. Jerry Guo, Founder, Chairman, Pres, CEO & Sec. (Age 56)Ms. Lucy Xie, Sr. VP of Operations & Director (Age 53)Mr. Weidong Chen, CTO & Director (Age 52)Mr. Maurizio Nicolelli, Chief Financial Officer (Age 51)Ms. Monica Gould, Head of Investor Relations 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 a price of $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 retail and institutional investors. Top institutional investors include Elk Creek Partners LLC (2.12%), BlackRock Inc. (2.09%), Thornburg Investment Management Inc. (1.81%), Hotchkis & Wiley Capital Management LLC (1.26%), Hotchkis & Wiley Capital Management LLC (1.26%) and Peregrine Capital Management LLC (0.68%). 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 institutional investors are selling Casa Systems stock? CASA stock was sold by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Morgan Stanley, Wells Fargo & Company MN, BlackRock Inc., FMR LLC, Goldman Sachs Group Inc. and California State Teachers Retirement System. View Insider Buying and Selling for Casa Systems. Which institutional investors are buying Casa Systems stock? CASA stock was bought by a variety of institutional investors in the last quarter, including Elk Creek Partners LLC, AQR Capital Management LLC, Renaissance Technologies LLC, Thornburg Investment Management Inc., Dimensional Fund Advisors LP, The Manufacturers Life Insurance Company , Oxford Asset Management LLP and SEI Investments Co. 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 $6.25. How big of a company is Casa Systems? Casa Systems has a market capitalization of $523.94 million and generates $297.13 million in revenue each year. The company earns $73.01 million in net income (profit) each year or $0.80 on an earnings per share basis. Casa Systems employs 777 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 ( )Outperform Votes: 275 (Vote Outperform)Underperform Votes: 310 (Vote Underperform)Total Votes: 585MarketBeat'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 5/22/2019 by MarketBeat.com StaffFeatured Article: Return On Assets Receive Analysts' Upgrades and Downgrades Daily Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.