S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
S&P 500   4,574.79
DOW   35,756.88
QQQ   379.12
NASDAQ:CASA

Casa Systems Stock Forecast, Price & News

$6.19
+0.09 (+1.48 %)
(As of 10/26/2021 12:00 AM ET)
Add
Compare
Today's Range
$6.15
$6.38
50-Day Range
$6.12
$7.38
52-Week Range
$4.03
$13.15
Volume148,664 shs
Average Volume460,590 shs
Market Capitalization$529.42 million
P/E Ratio18.76
Dividend YieldN/A
Beta1.07
30 days | 90 days | 365 days | Advanced Chart
Receive CASA News and Ratings via Email

Sign-up to receive the latest news and ratings for Casa Systems and its competitors with MarketBeat's FREE daily newsletter.


Casa Systems logo

About Casa Systems

Casa Systems, Inc. engages in the provision and development of digital cable video and broadband services. Its products include cable, fixed, mobile, optical, and Wi-Fi networks; and casa access devices. The company was founded by Jerry Guo in 2003 and is headquartered in Andover, MA.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:CASA
Employees
993
Year Founded
N/A

Sales & Book Value

Annual Sales
$393.25 million
Cash Flow
$0.35 per share
Book Value
$0.91 per share

Profitability

Net Income
$24.80 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$529.42 million
Next Earnings Date
11/2/2021 (Confirmed)
Optionable
Optionable

MarketRank

Overall MarketRank

2.97 out of 5 stars

Consumer Discretionary Sector

15th out of 385 stocks

Radio & T.V. Communications Equipment Industry

3rd out of 32 stocks

Analyst Opinion: 3.2Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 5.0Valuation: 2.5 5 -4 -3 -2 -1 -












Casa Systems (NASDAQ:CASA) Frequently Asked Questions

Is Casa Systems a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Casa Systems in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Casa Systems stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CASA, but not buy additional shares or sell existing shares.
View analyst ratings for Casa Systems
or view top-rated stocks.

What stocks does MarketBeat like better than Casa Systems?

Wall Street analysts have given Casa Systems a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Casa Systems wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Casa Systems' next earnings date?

Casa Systems is scheduled to release its next quarterly earnings announcement on Tuesday, November 2nd 2021.
View our earnings forecast for Casa Systems
.

How can I listen to Casa Systems' earnings call?

Casa Systems will be holding an earnings conference call on Tuesday, November 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Casa Systems' earnings last quarter?

Casa Systems, Inc. (NASDAQ:CASA) posted its quarterly earnings data on Thursday, July, 29th. The company reported $0.01 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.01) by $0.02. The business had revenue of $92.73 million for the quarter, compared to analysts' expectations of $90.53 million. Casa Systems had a trailing twelve-month return on equity of 37.61% and a net margin of 6.90%.
View Casa Systems' earnings history
.

How has Casa Systems' stock been impacted by COVID-19?

Casa Systems' stock was trading at $2.23 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CASA shares have increased by 177.6% and is now trading at $6.19.
View which stocks have been most impacted by COVID-19
.

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

Casa Systems updated its FY 2021 earnings guidance on Thursday, August, 5th. The company provided EPS guidance of $0.230-$0.320 for the period, compared to the Thomson Reuters consensus estimate of $0.320. The company issued revenue guidance of $425 million-$445 million, compared to the consensus revenue estimate of $438.52 million.

What price target have analysts set for CASA?

5 brokers have issued twelve-month price targets for Casa Systems' stock. Their forecasts range from $9.00 to $12.00. On average, they expect Casa Systems' share price to reach $10.00 in the next twelve months. This suggests a possible upside of 61.6% from the stock's current price.
View analysts' price targets for Casa Systems
or view top-rated stocks among Wall Street analysts.

Who are Casa Systems' key executives?

Casa Systems' management team includes the following people:
  • Jerry Guo, Chairman, President & Chief Executive Officer
  • Lucy Xie, Director & Senior Vice President-Operations (LinkedIn Profile)
  • Scott Allan Bruckner, Chief Financial Officer
  • Weidong Chen, Chief Technology Officer
  • Matthew Slepian, Vice President & Controller

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

34 employees have rated Casa Systems CEO Jerry Guo on Glassdoor.com. Jerry Guo has an approval rating of 54% among Casa Systems' 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), Square (SQ) and Thor Industries (THO).

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 $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."

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 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 $6.19.

How much money does Casa Systems make?

Casa Systems has a market capitalization of $529.42 million and generates $393.25 million in revenue each year. The company earns $24.80 million in net income (profit) each year or $0.17 on an earnings per share basis.

How many employees does Casa Systems have?

Casa Systems employs 993 workers across the globe.

What is Casa Systems' official website?

The official website for Casa Systems is www.casa-systems.com.

Where are Casa Systems' headquarters?

Casa Systems is headquartered at 100 OLD RIVER ROAD, ANDOVER MA, 01810.

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].


This page was last updated on 10/27/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.