Calix, Inc. provides broadband communications access systems and software for fiber- and copper-based network architectures that enable communications service providers (CSPs), to transform their networks and connect to their residential and business subscribers. The Company enables CSPs to provide various services, from basic voice and data to advanced broadband services, over legacy and next-generation access networks. It develops and sells carrier-class hardware and cloud products. Its portfolio consists of three core systems and/or nodes: E-Series access systems and nodes (E-Series systems and nodes), B6 access nodes (B-Series nodes), and the C7 multiservice, multiprotocol access system (C-Series system). These systems and nodes are complemented by the P-Series optical network terminals and residential gateways, the GigaFamily of GigaCenters, GigaHubs, and GigaPoints, the Calix Management System, OpenLink Cable software and Compass Cloud family of software-as-a-service products.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Communications & Networking - NEC
- Sub-Industry: Communications Equipment
- Symbol: NYSE:CALX
- CUSIP: 13100M50
- Web: www.calix.com
Capitalization:- Market Cap: $344.14 million
- Outstanding Shares: 49,875,000
Average Prices:- 50 Day Moving Avg: $6.93
- 200 Day Moving Avg: $6.92
- 52 Week Range: $6.15 - $8.20
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -30.00
- P/E Growth: -0.97
Sales & Book Value:- Annual Revenue: $477.93 million
- Price / Sales: 0.72
- Book Value: $3.67 per share
- Price / Book: 1.88
Profitability:- EBIDTA: ($46,320,000.00)
- Net Margins: -10.46%
- Return on Equity: -22.23%
- Return on Assets: -13.79%
Debt:- Current Ratio: 1.47%
- Quick Ratio: 1.15%
Misc:- Average Volume: 192,549 shs.
- Beta: 0.56
- Short Ratio: 3.99
Frequently Asked Questions for Calix (NYSE:CALX)
What is Calix's stock symbol?
Calix trades on the New York Stock Exchange (NYSE) under the ticker symbol "CALX."
How were Calix's earnings last quarter?
Calix, Inc (NYSE:CALX) announced its quarterly earnings data on Tuesday, May, 9th. The company reported ($0.64) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.59) by $0.05. The business earned $117.50 million during the quarter, compared to analysts' expectations of $112.17 million. Calix had a negative return on equity of 22.23% and a negative net margin of 10.46%. The firm's revenue was up 19.4% on a year-over-year basis. During the same period in the prior year, the company posted ($0.09) earnings per share. View Calix's Earnings History.
When will Calix make its next earnings announcement?
What guidance has Calix issued on next quarter's earnings?
Calix issued an update on its second quarter earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of ($0.19)-(0.12) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.13). The company issued revenue guidance of $122-126 million, compared to the consensus revenue estimate of $122.30 million.
Where is Calix's stock going? Where will Calix's stock price be in 2017?
4 brokers have issued 1-year price objectives for Calix's shares. Their forecasts range from $7.00 to $9.00. On average, they anticipate Calix's stock price to reach $7.67 in the next year. View Analyst Ratings for Calix.
What are analysts saying about Calix stock?
Here are some recent quotes from research analysts about Calix stock:
- 1. According to Zacks Investment Research, "Calix is a global leader in access innovation. Its Unified Access portfolio of broadband communications access systems and software enables communications service providers worldwide to transform their networks and become the broadband provider of choice to their subscribers. " (4/18/2017)
- 2. Jefferies Group LLC analysts commented, "The December results were poor for Calix. Ramping Professional Services work at quarter-end killed profitability. Our fear is that all R&D the organization has funded in recent years to build a robust product line will go for naught. Customers like CenturyLink and Windstream clearly have tremendous negotiating leverage over the company ' as evidenced by its willingness to do very unprofitable Services work." (2/15/2017)
Who are some of Calix's key competitors?
Some companies that are related to Calix include Comtech Telecommunications Corp. (CMTL), Sonus Networks (SONS), Harmonic (HLIT), Gilat Satellite Networks (GILT), EMCORE Corporation (EMKR), Digi International (DGII), AudioCodes (AUDC), Clearfield (CLFD), Ooma (OOMA), CityFibre Infrastructure Holdings PLC (CITY), Airgain (AIRG), TESSCO Technologies (TESS), UTStarcom Holdings Corp (UTSI), BATM Advanced Communications Ltd (BVC), Lantronix (LTRX), Communications Systems (JCS), Trakm8 Holdings PLC (TRAK) and xG Technology (XGTI).
Who are Calix's key executives?
Calix's management team includes the folowing people:
- Donald J. Listwin, Independent Chairman of the Board
- Carl E. Russo, President, Chief Executive Officer, Director
- Cory J. Sindelar, Interim Chief Financial Officer
- Michael Weening, Executive Vice President, Sales and Marketing
- Gregory Billings, Senior Vice President - Services
- Christopher J. Bowick, Independent Director
- Kevin A. DeNuccio, Independent Director
- Michael T. Everett, Independent Director
- Michael T. Flynn, Independent Director
- Michael Matthews, Independent Director
Who bought Calix stock? Who is buying Calix stock?
How do I buy Calix stock?
Shares of Calix can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Calix's stock price today?
One share of Calix stock can currently be purchased for approximately $6.90.
MarketBeat Community Rating for Calix (NYSE CALX)MarketBeat's community ratings are surveys of what our community members think about Calix and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Calix (NYSE:CALX) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.25) |
| Consensus Price Target: | $7.67 (11.11% upside) |
Analysts' Ratings History for Calix (NYSE:CALX)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 3/23/2017 | Jefferies Group LLC | Reiterated Rating | Hold | $7.00 | High |  |
| 2/15/2017 | Northland Securities | Downgrade | Outperform -> Market Perform | $9.00 -> $7.00 | N/A | |
| 11/2/2016 | Craig Hallum | Upgrade | Hold -> Buy | | N/A | |
| 8/3/2016 | Morgan Stanley | Set Price Target | Hold | $9.00 | N/A | |
| 5/4/2016 | Drexel Hamilton | Reiterated Rating | Buy | | N/A | |
| 2/10/2016 | Cowen and Company | Downgrade | Outperform -> Market Perform | $11.00 -> $7.00 | N/A | |
| 1/8/2016 | Stifel Nicolaus | Upgrade | Hold -> Buy | $10.00 | N/A | |
(Data available from 7/24/2015 forward)
Earnings History for Calix (NYSE:CALX)Earnings History by Quarter for Calix (NYSE CALX)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/8/2017 | | ($0.15) | | | | | N/A | |
| 5/9/2017 | Q1 2017 | ($0.59) | ($0.64) | $112.17 million | $117.50 million | View | Listen | |
| 2/14/2017 | Q416 | ($0.01) | ($0.14) | $129.35 million | $131.80 million | View | Listen | |
| 11/1/2016 | Q3 | $0.09 | $0.03 | $117.15 million | $121.19 million | View | N/A | |
| 8/2/2016 | Q2 | ($0.06) | ($0.04) | $106.20 million | $107.40 million | View | N/A | |
| 5/3/2016 | Q116 | ($0.12) | ($0.09) | $97.11 million | $98.38 million | View | N/A | |
| 2/9/2016 | Q415 | ($0.04) | ($0.03) | $104.38 million | $105.00 million | View | N/A | |
| 10/29/2015 | Q3 | $0.08 | $0.16 | $109.14 million | $112.30 million | View | Listen | |
| 7/28/2015 | Q2 | ($0.10) | $0.06 | $96.32 million | $99.10 million | View | Listen | |
| 4/28/2015 | Q115 | ($0.06) | ($0.07) | $91.60 million | $91.00 million | View | Listen | |
| 2/3/2015 | Q414 | $0.13 | $0.13 | $109.80 million | $111.60 million | View | Listen | |
| 10/29/2014 | Q314 | $0.01 | $0.01 | $104.29 million | $105.77 million | View | Listen | |
| 7/29/2014 | Q214 | $0.01 | $0.10 | $95.52 million | $98.00 million | View | Listen | |
| 4/29/2014 | Q114 | ($0.10) | ($0.03) | $80.65 million | $85.82 million | View | Listen | |
| 2/11/2014 | Q413 | $0.07 | $0.03 | $100.45 million | $94.00 million | View | Listen | |
| 10/29/2013 | Q313 | $0.14 | $0.20 | $104.35 million | $103.60 million | View | Listen | |
| 7/30/2013 | Q2 2013 | $0.06 | $0.10 | $96.80 million | $94.40 million | View | Listen | |
| 4/25/2013 | Q1 2013 | | $0.06 | $90.05 million | $90.50 million | View | Listen | |
| 2/5/2013 | Q4 2012 | $0.03 | $0.06 | $91.62 million | $91.40 million | View | Listen | |
| 10/25/2012 | | $0.01 | $0.04 | | | View | N/A | |
| 7/31/2012 | | $0.04 | $0.04 | | | View | N/A | |
| 5/1/2012 | | | $0.01 | | | View | N/A | |
| 2/7/2012 | | $0.06 | $0.08 | | | View | N/A | |
| 10/20/2011 | | $0.08 | $0.07 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Calix (NYSE:CALX)Current Year EPS Consensus Estimate: $-0.64 EPS
Next Year EPS Consensus Estimate: $-0.23 EPS
Dividend History for Calix (NYSE:CALX)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Calix (NYSE:CALX)Insider Ownership Percentage: 16.50%
Institutional Ownership Percentage: 65.06%
Insider Trades by Quarter for Calix (NYSE:CALX)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 10/24/2016 | Carl Russo | CEO | Buy | 1,500 | $6.70 | $10,050.00 | |
| 10/21/2016 | Carl Russo | CEO | Buy | 1,500 | $6.65 | $9,975.00 | |
| 10/18/2016 | Carl Russo | CEO | Buy | 1,500 | $6.56 | $9,840.00 | |
| 10/17/2016 | Carl Russo | CEO | Buy | 1,500 | $6.75 | $10,125.00 | |
| 9/26/2016 | Carl Russo | CEO | Buy | 1,197 | $6.92 | $8,283.24 | |
| 7/19/2016 | Carl Russo | CEO | Buy | 1,500 | $7.58 | $11,370.00 | |
| 7/18/2016 | Carl Russo | CEO | Buy | 1,500 | $7.58 | $11,370.00 | |
| 7/15/2016 | Carl Russo | CEO | Buy | 1,500 | $7.49 | $11,235.00 | |
| 7/6/2016 | Carl Russo | CEO | Buy | 1,500 | $6.89 | $10,335.00 | |
| 7/5/2016 | Carl Russo | CEO | Buy | 1,500 | $7.05 | $10,575.00 | |
| 7/1/2016 | Carl Russo | CEO | Buy | 1,500 | $6.96 | $10,440.00 | |
| 6/28/2016 | Carl Russo | CEO | Buy | 1,500 | $6.50 | $9,750.00 | |
| 6/27/2016 | Carl Russo | CEO | Buy | 1,500 | $6.72 | $10,080.00 | |
| 6/24/2016 | Carl Russo | CEO | Buy | 1,500 | $6.92 | $10,380.00 | |
| 6/15/2016 | Carl Russo | CEO | Buy | 1,500 | $6.77 | $10,155.00 | |
| 6/14/2016 | Carl Russo | CEO | Buy | 1,500 | $6.78 | $10,170.00 | |
| 6/13/2016 | Carl Russo | CEO | Buy | 1,500 | $6.85 | $10,275.00 | |
| 2/8/2013 | Donald J Listwin | Director | Buy | 25,000 | $8.01 | $200,250.00 | |
| 11/15/2012 | Donald J Listwin | Director | Buy | 25,000 | $5.66 | $141,500.00 | |
| 9/10/2012 | Michael Ashby | CFO | Buy | 50,000 | $5.57 | $278,500.00 | |
| 9/5/2012 | Donald J Listwin | Director | Buy | 31,117 | $5.18 | $161,186.06 | |
(Data available from 1/1/2013 forward)
Headline Trends for Calix (NYSE:CALX)
Latest Headlines for Calix (NYSE:CALX)
| Source: |
|
| Date | Headline |
|---|
 | Calix, Inc. (CALX) Names Kira Makagon to the Board of Directors
www.streetinsider.com - July 20 at 11:41 PM |
 | Veteran Technology Executive Kira Makagon Joins Calix Board of Directors
finance.yahoo.com - July 20 at 6:38 PM |
| Marketing Visionary Matt Collins Joins Calix as CMO
finance.yahoo.com - July 18 at 6:26 PM |
| Caribbean’s Logic to Radically Transform Marketing and Customer Support Efficiency and Effectiveness with Calix Cloud
finance.yahoo.com - July 17 at 12:18 PM |
 | Calix to Announce Second Quarter 2017 Financial Results on August 8th
feeds.benzinga.com - July 11 at 8:51 AM |
 | Calix, Inc (NYSE:CALX) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 10 at 10:51 PM |
| Calix, Inc. breached its 50 day moving average in a Bullish Manner : CALX-US : July 10, 2017
finance.yahoo.com - July 10 at 4:51 PM |
| $123.95 Million in Sales Expected for Calix, Inc (NYSE:CALX) This Quarter
www.americanbankingnews.com - July 1 at 10:08 AM |
| Calix, Inc. – Value Analysis (NYSE:CALX) : June 29, 2017
finance.yahoo.com - June 29 at 6:05 PM |
| Zacks: Brokerages Anticipate Calix, Inc (CALX) to Post -$0.23 Earnings Per Share
www.americanbankingnews.com - June 29 at 8:05 AM |
| Calix Reinvents Connected Home Support and Experience Management with Calix Support Cloud
finance.yahoo.com - June 28 at 4:53 PM |
| Calix, Inc. breached its 50 day moving average in a Bearish Manner : CALX-US : June 28, 2017
finance.yahoo.com - June 28 at 4:53 PM |
| Reviewing Calix (CALX) & ViaSat (VSAT)
www.americanbankingnews.com - June 22 at 4:45 PM |
| Calix AXOS Solutions Lead Way in First Gfast Certifications by Broadband Forum
finance.yahoo.com - June 21 at 5:13 PM |
| Calix, Inc (CALX) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - June 13 at 8:34 PM |
| The World’s Only Software Defined Access Platform brings NG-PON2 to North America’s Most Widely Deployed Access System – the Calix E7-2
finance.yahoo.com - June 13 at 12:51 PM |
| The World's Only Software Defined Access Platform brings NG-PON2 to North America's Most Widely Deployed Access System – the Calix E7-2
feeds.benzinga.com - June 13 at 8:52 AM |
| Calix, Inc (CALX) Raised to Sell at ValuEngine
www.americanbankingnews.com - June 11 at 9:34 PM |
| Calix Redefines Access Edge with AXOS Subscriber Management Module – Elimination of BNG Radically Alters Deployment Economics in Next Gen Networks
finance.yahoo.com - June 8 at 10:25 AM |
| Zacks: Analysts Anticipate Calix Inc (CALX) Will Post Quarterly Sales of $123.95 Million
www.americanbankingnews.com - June 7 at 1:28 PM |
| Calix Innovating at Unprecedented Pace – Leverages AXOS to Deliver Cable Industry’s First SDA based 10G EPON Systems in 120 Days
finance.yahoo.com - June 6 at 4:22 PM |
| Calix Inc (CALX) Expected to Post Earnings of -$0.23 Per Share
www.americanbankingnews.com - June 5 at 9:40 AM |
| Reviewing Calix (CALX) and Airgain (AIRG)
www.americanbankingnews.com - June 4 at 8:28 PM |
| Calix, Inc. breached its 50 day moving average in a Bearish Manner : CALX-US : May 26, 2017
finance.yahoo.com - May 26 at 4:34 PM |
| ETFs with exposure to Calix, Inc. : May 25, 2017
finance.yahoo.com - May 25 at 5:26 PM |
| Calix Leverages AXOS to Demonstrate World’s First Multi-10 Gbps Channel Bonded NG-PON2
finance.yahoo.com - May 23 at 12:57 PM |
| Calix, Inc. :CALX-US: Earnings Analysis: Q1, 2017 By the Numbers : May 23, 2017
finance.yahoo.com - May 23 at 12:57 PM |
| Calix Inc (CALX) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - May 19 at 8:56 PM |
| Calix, Inc. breached its 50 day moving average in a Bullish Manner : CALX-US : May 16, 2017
finance.yahoo.com - May 16 at 11:17 AM |
| Calix AXOS E3-2 Intelligent PON Node Named Best Cable Product in Light Reading’s Leading Lights Awards
finance.yahoo.com - May 16 at 11:17 AM |
| $122.16 Million in Sales Expected for Calix Inc (CALX) This Quarter
www.americanbankingnews.com - May 11 at 11:16 AM |
| Calix and Radisys Partner to Deliver the First Deployment Ready Residential CORD Platform
finance.yahoo.com - May 10 at 4:18 PM |
| Edited Transcript of CALX earnings conference call or presentation 9-May-17 8:30pm GMT
finance.yahoo.com - May 10 at 8:31 AM |
| Calix Inc (CALX) Releases Earnings Results, Misses Estimates By $0.05 EPS
www.americanbankingnews.com - May 9 at 10:00 PM |
 | Calix misses by $0.05, beats on revenue
seekingalpha.com - May 9 at 9:11 PM |
| Calix Inc (CALX) Releases Q2 Earnings Guidance
www.americanbankingnews.com - May 9 at 6:25 PM |
 | Calix reports 1Q loss
marketbeat.com - May 9 at 5:44 PM |
| Calix Reports First Quarter 2017 Financial Results
finance.yahoo.com - May 9 at 4:09 PM |
| Calix Inc (CALX) Expected to Announce Earnings of -$0.59 Per Share
www.americanbankingnews.com - May 9 at 2:20 PM |
| Positive Press Coverage Somewhat Likely to Affect Calix (CALX) Stock Price
www.americanbankingnews.com - May 4 at 1:01 AM |
| Calix Revolutionizes the Telecom Access Network with Introduction of AXOS RPm, Routing for Layer 3 Service Delivery
finance.yahoo.com - May 3 at 4:10 PM |
| Calix, Inc. – Value Analysis (NYSE:CALX) : April 28, 2017
finance.yahoo.com - April 28 at 5:06 PM |
| Somewhat Positive Press Coverage Extremely Likely to Affect Calix (CALX) Share Price
www.americanbankingnews.com - April 28 at 4:34 PM |
| Calix, Inc. breached its 50 day moving average in a Bullish Manner : CALX-US : April 27, 2017
finance.yahoo.com - April 27 at 4:34 PM |
| Comvergence Leverages Calix AXOS G.fast Solutions to Rapidly Bring Gigabit Speed Potential to Australia MTUs
finance.yahoo.com - April 26 at 2:46 PM |
| Somewhat Positive Media Coverage Somewhat Likely to Impact Calix (CALX) Share Price
www.americanbankingnews.com - April 25 at 3:56 PM |
| Calix Inc (CALX) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 24 at 9:38 PM |
| Calix (CALX) Given Daily Media Sentiment Score of 0.04
www.americanbankingnews.com - April 22 at 11:15 AM |
| Calix Launches Marketing Cloud, Transforming Network Data into Actionable Insights that Revolutionize Marketing Campaigns
finance.yahoo.com - April 19 at 1:04 PM |
| Somewhat Favorable News Coverage Somewhat Likely to Impact Calix (CALX) Stock Price
www.americanbankingnews.com - April 19 at 10:49 AM |
Calix (CALX) Chart for Monday, July, 24, 2017
