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 software-centric infrastructure 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorConsumer Discretionary
SymbolNASDAQ:CASA
CUSIPN/A
Phone978-688-6706
Debt
Debt-to-Equity Ratio2.74
Current Ratio5.54
Quick Ratio5.13
Price-To-Earnings
Trailing P/E Ratio17.71
Forward P/E Ratio19.16
P/E GrowthN/A
Sales & Book Value
Annual Sales$351.58 million
Price / Sales3.44
Cash Flow$0.5373 per share
Price / Cash26.04
Book Value$0.63 per share
Price / Book22.21
Profitability
EPS (Most Recent Fiscal Year)$0.79
Net Income$88.50 million
Net MarginsN/A
Return on Equity221.41%
Return on Assets14.55%
Miscellaneous
Employees680
Outstanding Shares86,340,000
Market Cap$1.21 billion
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) released its earnings results on Tuesday, August, 14th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.23 by $0.01. The firm earned $68.70 million during the quarter, compared to analysts' expectations of $90.64 million. Casa Systems's quarterly revenue was up 3.2% compared to the same quarter last year. View Casa Systems' Earnings History.
When is Casa Systems' next earnings date?
What guidance has Casa Systems issued on next quarter's earnings?
Casa Systems updated its FY18 earnings guidance on Tuesday, August, 14th. The company provided earnings per share (EPS) guidance of $0.80-$0.88 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.14. The company issued revenue guidance of $330-$350 million, compared to the consensus revenue estimate of $390.57 million.
What price target have analysts set for CASA?
8 analysts have issued 1-year target prices for Casa Systems' stock. Their forecasts range from $16.00 to $31.00. On average, they expect Casa Systems' share price to reach $22.00 in the next twelve months. This suggests a possible upside of 57.3% from the stock's current price. View Analyst Price Targets for Casa Systems.
What is the consensus analysts' recommendation for Casa Systems?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Casa Systems in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Casa Systems.
Are investors shorting Casa Systems?
Casa Systems saw a increase in short interest during the month of September. As of September 28th, there was short interest totalling 2,645,819 shares, an increase of 47.0% from the September 14th total of 1,799,702 shares. Based on an average daily volume of 978,624 shares, the days-to-cover ratio is currently 2.7 days. Currently, 9.1% of the company's shares are short sold. View Casa Systems' Current Options Chain.
Who are some of Casa Systems' key competitors?
Some companies that are related to Casa Systems include Echostar (SATS), ARRIS International (ARRS), ViaSat (VSAT), Maxar Technologies (MAXR), Loral Space & Communications Ltd. (LORL), Mitel Networks (MITL), Comtech Telecomm. (CMTL), CalAmp (CAMP), Sierra Wireless (SWIR), Gilat Satellite Networks (GILT), Harmonic (HLIT), Ceragon Networks (CRNT), Energous (WATT), KVH Industries (KVHI) and Vuzix (VUZI).
Who are Casa Systems' key executives?
Casa Systems' management team includes the folowing people:
- Mr. Jerry Guo, Chairman, Pres, CEO & Sec. (Age 55)
- Ms. Lucy Xie, Sr. VP of Operations & Director (Age 52)
- Mr. Weidong Chen, CTO & Director (Age 51)
- Mr. Shaun N. McCarthy, VP, Corp. Controller, Interim CFO & Principal Accounting Officer (Age 48)
- Todd M. Keebaugh Esq., Corp. Counsel
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 a price of $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.
Who are Casa Systems' major shareholders?
Casa Systems' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.44%) and Capital Impact Advisors LLC (0.14%). 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 buying Casa Systems stock?
CASA stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC and Capital Impact Advisors 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 $13.99.
How big of a company is Casa Systems?
Casa Systems has a market capitalization of $1.21 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.
What is Casa Systems' official website?
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)
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.
