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NASDAQ:CASA

Casa Systems - CASA Stock Forecast, Price & News

$3.20
-0.01 (-0.31%)
(As of 09/26/2022 12:00 AM ET)
Add
Compare
Today's Range
$3.16
$3.34
50-Day Range
$3.21
$4.74
52-Week Range
$3.12
$7.18
Volume
142,817 shs
Average Volume
1.60 million shs
Market Capitalization
$301.38 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.38

Casa Systems MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
99.2% Upside
$6.38 Price Target
Short Interest
Healthy
7.14% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.07
Upright™ Environmental Score
News Sentiment
0.52mentions of Casa Systems in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.69) to $0.16 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Consumer Discretionary Sector

115th out of 273 stocks

Radio & T.V. Communications Equipment Industry

11th out of 24 stocks

CASA stock logo

About Casa Systems (NASDAQ:CASA) Stock

Casa Systems, Inc., a communications technology company, provides solutions for next-generation physical, virtualized, and cloud native 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, as well as small cell solutions, axyom element management system, and fixed wireless access devices; and virtual, centralized, and distributed deployment, and bandwidth capacity expansion systems. The company also provides optical access solutions, virtualized broadband network gateway router and multiservice router, fiber extension, and residential broadband gateways; and machine-to-machine and industrial internet of things routers. The company was incorporated in 2003 and is headquartered in Andover, Massachusetts.

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CASA Stock News Headlines

Best Cenotes near Tulum
Casa Systems Q2 2022 Earnings Preview
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CASA Company Calendar

Last Earnings
8/04/2022
Today
9/26/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:CASA
Employees
1,004
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$6.38
High Stock Price Forecast
$8.00
Low Stock Price Forecast
$4.00
Forecasted Upside/Downside
+99.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$3.21 million
Pretax Margin
-13.99%

Debt

Sales & Book Value

Annual Sales
$401.33 million
Cash Flow
$0.22 per share
Book Value
$0.95 per share

Miscellaneous

Free Float
33,151,000
Market Cap
$301.38 million
Optionable
Optionable
Beta
1.05

Key Executives

  • Mr. Jerry Guo (Age 59)
    Founder, Chairman, Pres, CEO & Sec.
    Comp: $1.77M
  • Ms. Lucy  XieMs. Lucy Xie (Age 56)
    Sr. VP of Operations & Director
    Comp: $755.13k
  • Mr. Weidong  ChenMr. Weidong Chen (Age 55)
    Chief Technology Officer
    Comp: $755.13k
  • Mr. Edward M. Durkin (Age 61)
    Chief Financial Officer
  • Mr. Matthew Slepian (Age 57)
    Corp. Controller & Principal Accounting Officer
  • Mr. Michael Picariello
    Director of Investor Relations
  • Mr. Timothy C. Rodenberger
    Gen. Counsel
  • Ms. Cheryl George
    VP of HR
  • Mr. Abraham Pucheril (Age 56)
    Sr. VP of Product Strategy & Management
  • Mr. Alfredo T. de Cardenas (Age 57)
    Chief Customer Officer













CASA Stock - Frequently Asked Questions

Should I buy or sell Casa Systems stock right now?

4 Wall Street 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 analysts is that investors should "buy" CASA shares.
View CASA analyst ratings
or view top-rated stocks.

What is Casa Systems' stock price forecast for 2022?

4 brokers have issued 1 year target prices for Casa Systems' shares. Their CASA share price forecasts range from $4.00 to $8.00. On average, they predict the company's stock price to reach $6.38 in the next year. This suggests a possible upside of 96.8% from the stock's current price.
View analysts price targets for CASA
or view top-rated stocks among Wall Street analysts.

How have CASA shares performed in 2022?

Casa Systems' stock was trading at $5.67 at the start of the year. Since then, CASA stock has decreased by 42.9% and is now trading at $3.24.
View the best growth stocks for 2022 here
.

When is Casa Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our CASA earnings forecast
.

How were Casa Systems' earnings last quarter?

Casa Systems, Inc. (NASDAQ:CASA) posted its quarterly earnings results on Thursday, August, 4th. The company reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.03. The firm had revenue of $70.84 million for the quarter, compared to analysts' expectations of $74.95 million. Casa Systems had a negative net margin of 14.32% and a negative trailing twelve-month return on equity of 69.55%.

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

34 employees have rated Casa Systems Chief Executive Officer Jerry Guo on Glassdoor.com. Jerry Guo has an approval rating of 54% among the company's 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), Block (SQ) and Thor Industries (THO).

When did Casa Systems IPO?

(CASA) raised $78 million in an initial public offering (IPO) 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 a variety of retail and institutional investors. Top institutional shareholders include Benefit Street Partners LLC (2.33%), Peregrine Capital Management LLC (1.93%), State Street Corp (0.70%), FMR LLC (0.66%), Sei Investments Co. (0.53%) and Renaissance Technologies LLC (0.43%). Insiders that own company stock include Lucy Xie, Michael T Hayashi, Michael T Hayashi, Weidong Chen and William C Styslinger III.
View institutional ownership trends
.

How do I buy shares of Casa Systems?

Shares of CASA stock 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 $3.24.

How much money does Casa Systems make?

Casa Systems (NASDAQ:CASA) has a market capitalization of $305.14 million and generates $401.33 million in revenue each year. The company earns $3.21 million in net income (profit) each year or ($0.56) on an earnings per share basis.

How many employees does Casa Systems have?

The company employs 1,004 workers across the globe.

How can I contact Casa Systems?

Casa Systems' mailing address is 100 OLD RIVER ROAD, ANDOVER MA, 01810. The official website for the company is www.casa-systems.com. The company can be reached via phone at (978) 688-6706, via email at investorrelations@casa-systems.com, or via fax at 978-688-6584.

This page (NASDAQ:CASA) was last updated on 9/26/2022 by MarketBeat.com Staff

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