About Casa Systems (NASDAQ:CASA)
Casa Systems, Inc. provides software-centric broadband products in North America, Latin America, Europe, the Middle East, Africa, and Asia-Pacific. The company offers converged cable access platform 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 distributed and virtualized architectures in cable operator, fixed telecom, and wireless networks. The company was founded in 2003 and is headquartered in Andover, Massachusetts.
Industry, Sector and Symbol
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorConsumer Discretionary
SymbolNASDAQ:CASA
CUSIPN/A
Phone978-688-6706
Debt
Debt-to-Equity Ratio5.89%
Current Ratio4.23%
Quick Ratio3.87%
Price-To-Earnings
Trailing P/E Ratio38.14
Forward P/E Ratio28.42
P/E GrowthN/A
Sales & Book Value
Annual Sales$351.58 million
Price / Sales6.99
Cash Flow$0.4954 per share
Price / Cash60.80
Book Value$0.63 per share
Price / Book47.81
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees680
Outstanding Shares81,580,000
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 (NASDAQ:CASA) announced its quarterly earnings results on Tuesday, March, 6th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.32 by $0.22. The firm earned $117.96 million during the quarter, compared to the consensus estimate of $101.43 million. View Casa Systems' Earnings History.
What guidance has Casa Systems issued on next quarter's earnings?
Casa Systems issued an update on its FY18 earnings guidance on Tuesday, March, 6th. The company provided earnings per share (EPS) guidance of $1.08-$1.19 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.04. The company issued revenue guidance of $380-$395 million, compared to the consensus revenue estimate of $386.66 million.
What price target have analysts set for CASA?
7 equities research analysts have issued 12-month target prices for Casa Systems' shares. Their predictions range from $23.00 to $27.00. On average, they anticipate Casa Systems' stock price to reach $24.50 in the next twelve months. View Analyst Ratings for Casa Systems.
Are investors shorting Casa Systems?
Casa Systems saw a increase in short interest during the month of March. As of March 29th, there was short interest totalling 1,794,920 shares, an increase of 199.2% from the March 15th total of 599,995 shares. Based on an average daily trading volume, of 1,102,880 shares, the days-to-cover ratio is currently 1.6 days. Currently, 10.2% of the shares of the company are short sold.
Who are some of Casa Systems' key competitors?
Some companies that are related to Casa Systems include Echostar (SATS), ARRIS Group (ARRS), Viasat (VSAT), Maxar Technologies (MAXR), Loral Space & Communications (LORL), Mitel Networks (MITL), CalAmp (CAMP), Comtech Telecommunications (CMTL), Sierra Wireless (SWIR), Energous (WATT), Gilat Satellite Networks (GILT), Harmonic (HLIT), Ceragon Networks (CRNT), KVH Industries (KVHI), Vuzix (VUZI), PC Tel (PCTI), Pointer Telocation (PNTR) and SeaChange International (SEAC).
Who are Casa Systems' key executives?
Casa Systems' management team includes the folowing people:
- Mr. Jerry Guo, Founder, Pres, CEO & Chairman (Age 55)
- Ms. Lucy Xie, Sr. VP of Operations & Director (Age 52)
- Mr. Weidong Chen, CTO & Director (Age 51)
- Mr. Gary Hall, CFO & Principal Accounting Officer (Age 57)
- Mr. Abraham Pucheril, Sr. VP of Worldwide Sales (Age 52)
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.
When does Casa Systems' lock-up period expire?
Casa Systems' lock-up period expires on Wednesday, June 13th. Casa Systems had issued 6,000,000 shares in its initial public offering on December 15th. The total size of the offering was $78,000,000 based on an initial share price of $13.00. After the end of Casa Systems' lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
Has Casa Systems been receiving favorable news coverage?
Press coverage about CASA stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Casa Systems earned a news sentiment score of 0.16 on Accern's scale. They also assigned media coverage about the company an impact score of 47.44 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
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 $30.12.
How big of a company is Casa Systems?
Casa Systems has a market capitalization of $2.68 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.
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 (CASA)
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.
Casa Systems (NASDAQ:CASA) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
7 Wall Street analysts have issued ratings and price targets for Casa Systems in the last 12 months. Their average twelve-month price target is $24.50, suggesting that the stock has a possible downside of 18.66%. The high price target for CASA is $27.00 and the low price target for CASA is $23.00. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | N/A |
| Consensus Rating Score: | 2.71 | 2.71 | 2.71 | N/A |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $24.50 | $24.50 | $22.1667 | N/A |
| Price Target Upside: | 18.66% downside | 1.83% upside | 19.95% upside | N/A |
Casa Systems (NASDAQ:CASA) Consensus Price Target History
Casa Systems (NASDAQ:CASA) Analyst Ratings History
Show:
(Data available from 4/21/2016 forward)
Casa Systems (NASDAQ:CASA) Earnings History and Estimates Chart
Casa Systems (NASDAQ:CASA) Earnings Estimates
2018 EPS Consensus Estimate: $1.03
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2018 | 1 | $0.20 | $0.20 | $0.20 |
| Q2 2018 | 1 | $0.23 | $0.23 | $0.23 |
| Q3 2018 | 1 | $0.24 | $0.24 | $0.24 |
| Q4 2018 | 1 | $0.36 | $0.36 | $0.36 |
Casa Systems (NASDAQ CASA) Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 3/6/2018 | Q4 2017 | $0.32 | $0.54 | $101.43 million | $117.96 million | View | N/A |  |
(Earnings results data provided by Zacks Investment Research)
Casa Systems (NASDAQ:CASA) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Casa Systems (NASDAQ CASA) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 64.39%
Institutional Ownership Percentage: 54.32%
Casa Systems (NASDAQ CASA) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 12/19/2017 | Bruce R Evans | Director | Buy | 250,000 | $13.00 | $3,250,000.00 | | |
| 12/19/2017 | Jerry Guo | CEO | Buy | 100,000 | $13.00 | $1,300,000.00 | | |
(Data available from 1/1/2013 forward)
Casa Systems (NASDAQ CASA) News Headlines
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Casa Systems (NASDAQ:CASA) SEC Filings
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Financials are not available for this stock.
Casa Systems (NASDAQ CASA) Stock Chart for Saturday, April, 21, 2018
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