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S&P 500   3,825.33
DOW   31,097.26
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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NASDAQ:CASA

Casa Systems Stock Forecast, Price & News

$3.91
-0.02 (-0.51%)
(As of 07/1/2022 12:00 AM ET)
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Today's Range
$3.85
$4.02
50-Day Range
$3.55
$5.25
52-Week Range
$3.39
$9.10
Volume
191,757 shs
Average Volume
2.24 million shs
Market Capitalization
$368.24 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.38

Casa Systems Stock Forecast (MarketRank)

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
88.6% Upside
$7.38 Price Target
Short Interest
Healthy
6.35% 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 2 Articles This Week
Insider Trading
Acquiring Shares
$576.33 K Bought Last Quarter
Proj. Earnings Growth
150.00%
From $0.10 to $0.25 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.46 out of 5 stars

Consumer Discretionary Sector

43rd out of 405 stocks

Radio & T.V. Communications Equipment Industry

5th out of 38 stocks

30 days | 90 days | 365 days | Advanced Chart

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Casa Systems logo

About Casa Systems (NASDAQ:CASA)

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.

CASA Stock News Headlines

Casa Systems Q1 2022 Earnings Preview
Why Casa Shares Are Soaring Today
See More Headlines

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

Company Calendar

Last Earnings
5/04/2022
Today
7/02/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$7.38
High Stock Price Forecast
$9.00
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
+88.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$3.21 million
Pretax Margin
-7.42%

Debt

Sales & Book Value

Annual Sales
$401.33 million
Cash Flow
$0.20 per share
Book Value
$0.95 per share

Miscellaneous

Free Float
33,151,000
Market Cap
$368.24 million
Optionable
Optionable
Beta
1.00














Casa Systems Frequently Asked Questions

Should I buy or sell Casa Systems stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Casa Systems in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" Casa Systems stock.
View analyst ratings for Casa Systems
or view top-rated stocks.

What is Casa Systems' stock price forecast for 2022?

4 equities research analysts have issued 12 month target prices for Casa Systems' shares. Their CASA stock forecasts range from $6.00 to $9.00. On average, they anticipate Casa Systems' stock price to reach $7.38 in the next year. This suggests a possible upside of 88.6% from the stock's current price.
View analysts' price targets for Casa Systems
or view top-rated stocks among Wall Street analysts.

How has Casa Systems' stock price performed in 2022?

Casa Systems' stock was trading at $5.67 on January 1st, 2022. Since then, CASA stock has decreased by 31.0% and is now trading at $3.91.
View the best growth stocks for 2022 here
.

When is Casa Systems' next earnings date?

Casa Systems is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Casa Systems
.

How were Casa Systems' earnings last quarter?

Casa Systems, Inc. (NASDAQ:CASA) posted its quarterly earnings results on Wednesday, May, 4th. The company reported ($0.38) EPS for the quarter, missing analysts' consensus estimates of ($0.09) by $0.29. The business had revenue of $64.40 million for the quarter, compared to analysts' expectations of $87.40 million. Casa Systems had a negative net margin of 9.72% and a negative trailing twelve-month return on equity of 49.71%. During the same period last year, the firm earned $0.06 EPS.
View Casa Systems' earnings history
.

Who are Casa Systems' key executives?

Casa Systems' management team includes the following people:
  • Mr. Jerry Guo, Founder, Chairman, Pres, CEO & Sec. (Age 59, Pay $1.77M)
  • Ms. Lucy Xie, Sr. VP of Operations & Director (Age 56, Pay $755.13k) (LinkedIn Profile)
  • Mr. Weidong Chen, Chief Technology Officer (Age 55, Pay $755.13k)
  • Mr. Edward M. Durkin, Chief Financial Officer (Age 61)
  • Mr. Matthew Slepian, Corp. Controller & Principal Accounting Officer (Age 57)
  • Ms. Monica Gould, Head of Investor Relations
  • Mr. Timothy C. Rodenberger, Gen. Counsel
  • Ms. Cheryl George, VP of HR
  • Mr. Abraham Pucheril, Sr. VP of Product Strategy & Management (Age 56)
  • Mr. Alfredo T. de Cardenas, Chief Customer Officer (Age 57)

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 (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.

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 $3.91.

How much money does Casa Systems make?

Casa Systems (NASDAQ:CASA) has a market capitalization of $368.24 million and generates $401.33 million in revenue each year. The company earns $3.21 million in net income (profit) each year or ($0.42) on an earnings per share basis.

How many employees does Casa Systems have?

Casa Systems 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 Casa Systems 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 7/2/2022 by MarketBeat.com Staff

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