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

$6.27
-0.20 (-3.09 %)
(As of 06/25/2019 02:19 AM ET)
Today's Range
$6.2075
Now: $6.27
$6.48
50-Day Range
$5.50
MA: $6.17
$7.23
52-Week Range
$5.46
Now: $6.27
$18.83
Volume225,575 shs
Average Volume425,574 shs
Market Capitalization$525.61 million
P/E Ratio7.84
Dividend YieldN/A
Beta0.51
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$297.13 million
Cash Flow$0.9330 per share
Book Value$0.87 per share

Profitability

Net Income$73.01 million

Miscellaneous

Employees777
Market Cap$525.61 million
Next Earnings Date8/13/2019 (Estimated)
OptionableOptionable

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.

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) posted its earnings results on Wednesday, May, 1st. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by $0.18. The company earned $35.50 million during the quarter, compared to the consensus estimate of $55.83 million. Casa Systems had a net margin of 16.38% and a return on equity of 51.33%. The business's quarterly revenue was down 60.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.23 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, August 13th 2019. View Earnings Estimates for Casa Systems.

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

Casa Systems updated 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 EPS 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 brokers have issued 12 month target prices for Casa Systems' stock. Their predictions range from $11.00 to $24.00. On average, they expect Casa Systems' share price to reach $15.4286 in the next twelve months. This suggests a possible upside of 146.1% 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 been trending somewhat positive on Tuesday, according to InfoTrie. The research firm identifies negative and positive media coverage by analyzing 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 positive five, with scores closest to five being the most favorable. Casa Systems earned a news impact score of 1.4 on InfoTrie's scale. They also gave headlines about the company a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an impact on the company's share price in the immediate future. View News Stories for Casa Systems.

Are investors shorting Casa Systems?

Casa Systems saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 1,333,700 shares, an increase of 12.3% from the April 15th total of 1,187,700 shares. Based on an average trading volume of 481,800 shares, the short-interest ratio is presently 2.8 days. Currently, 4.7% of the company's stock are short sold. View Casa Systems' Current Options Chain.

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), 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 IPO 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 many different of retail and institutional investors. Top institutional investors include Elk Creek Partners LLC (2.12%), Thornburg Investment Management Inc. (1.81%), Peregrine Capital Management LLC (0.68%), FMR LLC (0.31%), Clearbridge Investments LLC (0.25%) and Spark Investment Management LLC (0.23%). 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 Clearbridge Investments LLC, FMR LLC, Peregrine Capital Management LLC and Metropolitan Life Insurance Co NY. 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 Elk Creek Partners LLC, Thornburg Investment Management Inc., First Trust Advisors LP, Dynamic Technology Lab Private Ltd, Becker Capital Management Inc., Martingale Asset Management L P, Weil Company Inc. and AlphaCrest Capital Management 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 $6.27.

How big of a company is Casa Systems?

Casa Systems has a market capitalization of $525.61 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.View Additional Information About Casa Systems.

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:  282 (Vote Outperform)
Underperform Votes:  315 (Vote Underperform)
Total Votes:  597
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 6/25/2019 by MarketBeat.com Staff

Featured Article: Cash Asset Ratio

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.

Yahoo Gemini Pixel