NASDAQ:CASA - Casa Systems Stock Price, Price Target & More

$30.12 -1.55 (-4.89 %)
(As of 04/22/2018 06:17 AM ET)
Previous Close$30.12
Today's Range$29.5850 - $32.48
52-Week Range$13.25 - $34.21
Volume671,418 shs
Average Volume527,505 shs
Market Capitalization$2.46 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A

About Casa Systems (NASDAQ:CASA)

Casa Systems logoCasa 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.

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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 RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$351.58 million
Price / Sales6.99
Cash Flow$0.5404 per share
Price / Cash55.74
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

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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) posted its earnings results on Tuesday, March, 6th. The company reported $0.54 EPS for the quarter, beating the 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 guidance of $1.08-$1.19 for the period, compared to the Thomson Reuters consensus EPS 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 brokers have issued twelve-month price targets for Casa Systems' stock. Their predictions range from $23.00 to $27.00. On average, they expect Casa Systems' share 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. Approximately 10.2% of the company's stock are short sold.

Who are some of Casa Systems' key competitors?

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 initial public offering 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.

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 expiration of Casa Systems' lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Has Casa Systems been receiving favorable news coverage?

Media stories about CASA stock have been trending positive this week, according to Accern Sentiment. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Casa Systems earned a media sentiment score of 0.44 on Accern's scale. They also assigned news headlines about the company an impact score of 45.71 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

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 $2.46 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)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  41 (Vote Outperform)
Underperform Votes:  46 (Vote Underperform)
Total Votes:  87
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.

Analyst Ratings

Casa Systems (NASDAQ:CASA) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
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."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyN/A
Consensus Rating Score: 2.712.712.71N/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$22.1667N/A
Price Target Upside: 18.66% downside1.83% upside19.95% upsideN/A

Casa Systems (NASDAQ:CASA) Consensus Price Target History

Price Target History for Casa Systems (NASDAQ:CASA)

Casa Systems (NASDAQ:CASA) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/7/2018BarclaysReiterated RatingEqual Weight -> Equal Weight$21.00 -> $25.00LowView Rating Details
3/7/2018Morgan StanleyReiterated RatingEqual Weight -> Equal Weight$21.00 -> $23.00HighView Rating Details
3/7/2018Stifel NicolausBoost Price TargetBuy -> Buy$23.00 -> $27.00MediumView Rating Details
1/10/2018MacquarieInitiated CoverageOutperform -> Outperform$24.00MediumView Rating Details
1/9/2018Raymond JamesInitiated CoverageOutperform -> Outperform$23.00MediumView Rating Details
1/9/2018Northland SecuritiesInitiated CoverageOutperform -> Outperform$25.00MediumView Rating Details
1/9/2018William BlairInitiated CoverageOutperform -> OutperformHighView Rating Details
(Data available from 4/22/2016 forward)

Earnings

Casa Systems (NASDAQ:CASA) Earnings History and Estimates Chart

Earnings by Quarter for Casa Systems (NASDAQ:CASA)

Casa Systems (NASDAQ:CASA) Earnings Estimates

2018 EPS Consensus Estimate: $1.03
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181$0.20$0.20$0.20
Q2 20181$0.23$0.23$0.23
Q3 20181$0.24$0.24$0.24
Q4 20181$0.36$0.36$0.36

Casa Systems (NASDAQ CASA) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/6/2018Q4 2017$0.32$0.54$101.43 million$117.96 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Casa Systems (NASDAQ:CASA) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Casa Systems (NASDAQ CASA) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 64.39%
Institutional Ownership Percentage: 54.32%
Insider Trading History for Casa Systems (NASDAQ:CASA)
Insider Trading History for Casa Systems (NASDAQ:CASA)

Casa Systems (NASDAQ CASA) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/19/2017Bruce R EvansDirectorBuy250,000$13.00$3,250,000.00View SEC Filing  
12/19/2017Jerry GuoCEOBuy100,000$13.00$1,300,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Casa Systems (NASDAQ CASA) News Headlines

Source:
DateHeadline
$0.21 EPS Expected for Casa Systems (CASA) This Quarter$0.21 EPS Expected for Casa Systems (CASA) This Quarter
www.americanbankingnews.com - April 21 at 9:14 AM
Casa Systems (CASA) & KVH Industries (KVHI) Financial ReviewCasa Systems (CASA) & KVH Industries (KVHI) Financial Review
www.americanbankingnews.com - April 19 at 11:21 AM
Casa Systems (CASA) Receives Average Rating of "Buy" from BrokeragesCasa Systems (CASA) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - April 19 at 7:36 AM
BRIEF-Casa Systems Appoints Dan Mead And Joe Tibbetts To Board Of DirectorsBRIEF-Casa Systems Appoints Dan Mead And Joe Tibbetts To Board Of Directors
www.reuters.com - April 18 at 9:48 AM
Casa Systems Appoints Dan Mead and Joe Tibbetts to Board of DirectorsCasa Systems Appoints Dan Mead and Joe Tibbetts to Board of Directors
finance.yahoo.com - April 18 at 9:48 AM
Casa Systems (CASA) Sees Significant Increase in Short InterestCasa Systems (CASA) Sees Significant Increase in Short Interest
www.americanbankingnews.com - April 14 at 1:40 AM
Jeff Reevess Strength in Numbers: These five under-the-radar technology stocks are leaving Big Tech in the dustJeff Reeves's Strength in Numbers: These five under-the-radar technology stocks are leaving Big Tech in the dust
www.marketwatch.com - April 13 at 3:15 AM
These five under-the-radar technology stocks are leaving Big Tech in the dustThese five under-the-radar technology stocks are leaving Big Tech in the dust
finance.yahoo.com - April 12 at 4:11 PM
Casa Systems Launches New Axyom™ Virtual Broadband Network Gateway Router for the Carrier EdgeCasa Systems Launches New Axyom™ Virtual Broadband Network Gateway Router for the Carrier Edge
finance.yahoo.com - April 9 at 10:03 AM
Casa Systems (CASA) and Its Rivals Critical SurveyCasa Systems (CASA) and Its Rivals Critical Survey
www.americanbankingnews.com - April 6 at 10:11 AM
Zacks: Analysts Anticipate Casa Systems (CASA) Will Announce Quarterly Sales of $83.90 MillionZacks: Analysts Anticipate Casa Systems (CASA) Will Announce Quarterly Sales of $83.90 Million
www.americanbankingnews.com - April 6 at 3:44 AM
Casa Systems (CASA) Expected to Announce Earnings of $0.21 Per ShareCasa Systems (CASA) Expected to Announce Earnings of $0.21 Per Share
www.americanbankingnews.com - April 4 at 11:38 AM
Reviewing Casa Systems (CASA) & Its RivalsReviewing Casa Systems (CASA) & Its Rivals
www.americanbankingnews.com - April 2 at 7:12 PM
Head to Head Comparison: Casa Systems (CASA) versus The CompetitionHead to Head Comparison: Casa Systems (CASA) versus The Competition
www.americanbankingnews.com - April 2 at 1:16 PM
Casa Systems (CASA) Research Coverage Started at Stifel NicolausCasa Systems (CASA) Research Coverage Started at Stifel Nicolaus
www.americanbankingnews.com - March 30 at 1:46 PM
Casa Systems (CASA) Receives New Coverage from Analysts at BarclaysCasa Systems (CASA) Receives New Coverage from Analysts at Barclays
www.americanbankingnews.com - March 30 at 12:13 PM
Casa Systems (CASA) Coverage Initiated by Analysts at Morgan StanleyCasa Systems (CASA) Coverage Initiated by Analysts at Morgan Stanley
www.americanbankingnews.com - March 30 at 12:23 AM
William Blair Initiates Coverage on Casa Systems (CASA)William Blair Initiates Coverage on Casa Systems (CASA)
www.americanbankingnews.com - March 29 at 11:52 PM
Casa Systems (CASA) Research Coverage Started at MacquarieCasa Systems (CASA) Research Coverage Started at Macquarie
www.americanbankingnews.com - March 29 at 4:44 PM
Head-To-Head Analysis: Casa Systems (CASA) and Videocon d2h (VDTH)Head-To-Head Analysis: Casa Systems (CASA) and Videocon d2h (VDTH)
www.americanbankingnews.com - March 29 at 3:34 PM
Casa Systems Inc (CASA) Given Average Recommendation of "Buy" by BrokeragesCasa Systems Inc (CASA) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - March 25 at 9:59 AM
Can The Uptrend Continue for Casa Systems (CASA)?Can The Uptrend Continue for Casa Systems (CASA)?
finance.yahoo.com - March 22 at 10:03 AM
Casa Systems Inc (CASA) Expected to Post Quarterly Sales of $83.90 MillionCasa Systems Inc (CASA) Expected to Post Quarterly Sales of $83.90 Million
www.americanbankingnews.com - March 20 at 7:42 AM
Zacks: Brokerages Expect Casa Systems Inc (CASA) to Post $0.21 Earnings Per ShareZacks: Brokerages Expect Casa Systems Inc (CASA) to Post $0.21 Earnings Per Share
www.americanbankingnews.com - March 18 at 10:20 AM
Casa Systems (CASA) Rating Lowered to Sell at ValuEngineCasa Systems (CASA) Rating Lowered to Sell at ValuEngine
www.americanbankingnews.com - March 15 at 12:28 AM
Casa Systems (CASA) versus Its Rivals Critical AnalysisCasa Systems (CASA) versus Its Rivals Critical Analysis
www.americanbankingnews.com - March 14 at 9:28 PM
Casa Systems (CASA) Upgraded at Zacks Investment ResearchCasa Systems (CASA) Upgraded at Zacks Investment Research
www.americanbankingnews.com - March 13 at 6:55 PM
Strength Seen in Casa Systems (CASA): Stock Soars 11.1%Strength Seen in Casa Systems (CASA): Stock Soars 11.1%
finance.yahoo.com - March 13 at 6:02 PM
Casa Systems Rises As Cable TV Industry Spends More On SoftwareCasa Systems Rises As Cable TV Industry Spends More On Software
finance.yahoo.com - March 9 at 5:09 PM
Contrasting Casa Systems (CASA) and The CompetitionContrasting Casa Systems (CASA) and The Competition
www.americanbankingnews.com - March 9 at 1:12 AM
Casa Systems (CASA) PT Raised to $27.00Casa Systems (CASA) PT Raised to $27.00
www.americanbankingnews.com - March 7 at 9:06 PM
Morgan Stanley Increases Casa Systems (CASA) Price Target to $23.00Morgan Stanley Increases Casa Systems (CASA) Price Target to $23.00
www.americanbankingnews.com - March 7 at 7:30 PM
Casa Systems (CASA) PT Raised to $25.00 at BarclaysCasa Systems (CASA) PT Raised to $25.00 at Barclays
www.americanbankingnews.com - March 7 at 5:26 PM
New IPO Casa Systems Quarterly Earnings, Revenue Top EstimatesNew IPO Casa Systems Quarterly Earnings, Revenue Top Estimates
finance.yahoo.com - March 7 at 9:56 AM
Casa Systems (CASA) Issues FY18 Earnings GuidanceCasa Systems (CASA) Issues FY18 Earnings Guidance
www.americanbankingnews.com - March 6 at 5:29 PM
Casa Systems Announces Fourth Quarter and Full Year 2017 Financial ResultsCasa Systems Announces Fourth Quarter and Full Year 2017 Financial Results
finance.yahoo.com - March 6 at 4:34 PM
MYDA Advisors LLC Invests $1.60 Million in Casa Systems Inc (CASA)MYDA Advisors LLC Invests $1.60 Million in Casa Systems Inc (CASA)
www.americanbankingnews.com - March 6 at 2:47 PM
Landscape Capital Management L.L.C. Buys New Holdings in Casa Systems Inc (CASA)Landscape Capital Management L.L.C. Buys New Holdings in Casa Systems Inc (CASA)
www.americanbankingnews.com - March 6 at 1:05 PM
Analyzing Calix (CALX) & Casa Systems (CASA)Analyzing Calix (CALX) & Casa Systems (CASA)
www.americanbankingnews.com - March 6 at 5:14 AM
Casa Systems (CASA) versus Clearfield (CLFD) Head to Head ContrastCasa Systems (CASA) versus Clearfield (CLFD) Head to Head Contrast
www.americanbankingnews.com - March 4 at 11:06 PM
$101.43 Million in Sales Expected for Casa Systems Inc (CASA) This Quarter$101.43 Million in Sales Expected for Casa Systems Inc (CASA) This Quarter
www.americanbankingnews.com - March 3 at 9:18 AM
Being Patient Until I Can Trust This Market MoreBeing Patient Until I Can Trust This Market More
finance.yahoo.com - February 28 at 4:43 PM
Casa Systems Inc (CASA) Given Consensus Rating of "Buy" by AnalystsCasa Systems Inc (CASA) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - February 28 at 9:58 AM
Buy Opportunities Dry Up as Stock Market Gaps and SlipsBuy Opportunities Dry Up as Stock Market 'Gaps and Slips'
finance.yahoo.com - February 26 at 4:43 PM
Casa Systems Debuts New Axyom 5G CoreCasa Systems Debuts New Axyom 5G Core
finance.yahoo.com - February 26 at 9:40 AM
Casa Systems Participates in Remote PHY Interoperability Event at CableLabs®Casa Systems Participates in Remote PHY Interoperability Event at CableLabs®
finance.yahoo.com - February 20 at 9:19 AM
$0.34 EPS Expected for Casa Systems Inc (CASA) This Quarter$0.34 EPS Expected for Casa Systems Inc (CASA) This Quarter
www.americanbankingnews.com - February 12 at 3:16 PM
Financial Analysis: Casa Systems (CASA) vs. Ribbon Communications (RBBN)Financial Analysis: Casa Systems (CASA) vs. Ribbon Communications (RBBN)
www.americanbankingnews.com - February 9 at 11:18 PM
Casa Systems Inc (CASA) Given Average Rating of "Buy" by AnalystsCasa Systems Inc (CASA) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - February 3 at 9:50 AM
Casa Systems Inc (CASA) Expected to Announce Quarterly Sales of $101.43 MillionCasa Systems Inc (CASA) Expected to Announce Quarterly Sales of $101.43 Million
www.americanbankingnews.com - January 28 at 3:52 AM

SEC Filings

Casa Systems (NASDAQ:CASA) SEC Filings

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Financials

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Chart

Casa Systems (NASDAQ CASA) Stock Chart for Sunday, April, 22, 2018

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This page was last updated on 4/22/2018 by MarketBeat.com Staff

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