NYSE:CALX

Calix Stock Forecast, Price & News

$47.38
+0.89 (+1.91 %)
(As of 07/29/2021 12:00 AM ET)
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Today's Range
$46.67
$47.49
50-Day Range
$42.07
$48.98
52-Week Range
$17.08
$49.99
Volume451,202 shs
Average Volume740,192 shs
Market Capitalization$3.01 billion
P/E Ratio50.95
Dividend YieldN/A
Beta1.56
30 days | 90 days | 365 days | Advanced Chart
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Calix logo

About Calix

Calix, Inc. provides cloud and software platforms, systems and services required to realize the unified access network. The firm offers broadband communications access systems and software for fiber and copper-based network architectures that enable communications service providers to transform their networks and connect to their residential and business subscribers. It enables communication service providers to provide a wide range of revenue-generating services from basic voice and data to advanced broadband services over legacy and next-generation access networks. The firm focuses on communications service providers access networks with the portion of the network, which governs available bandwidth and determines the range and quality of services that can be offered to subscribers. It also develops and sells carrier-class hardware and software products. The company was founded by Michael L. Hatfield and Carl E. Russo in August 1999 and is headquartered in San Jose, CA.

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MarketRank

Overall MarketRank

1.49 out of 5 stars

Computer And Technology Sector

517th out of 1,650 stocks

Communication Services, Not Elsewhere Classified Industry

6th out of 35 stocks

Analyst Opinion: 1.2Community Rank: 3.1Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -
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Calix (NYSE:CALX) Frequently Asked Questions

Is Calix a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Calix in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Calix stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CALX, but not buy additional shares or sell existing shares.
View analyst ratings for Calix
or view top-rated stocks.

What stocks does MarketBeat like better than Calix?

Wall Street analysts have given Calix 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 Calix wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Calix's next earnings date?

Calix is scheduled to release its next quarterly earnings announcement on Tuesday, October 19th 2021.
View our earnings forecast for Calix
.

How were Calix's earnings last quarter?

Calix, Inc. (NYSE:CALX) announced its quarterly earnings data on Tuesday, April, 27th. The communications equipment provider reported $0.39 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.19 by $0.20. The communications equipment provider earned $162.07 million during the quarter, compared to the consensus estimate of $150.46 million. Calix had a net margin of 10.15% and a trailing twelve-month return on equity of 29.40%. The company's revenue was up 59.4% on a year-over-year basis.
View Calix's earnings history
.

How has Calix's stock been impacted by COVID-19 (Coronavirus)?

Calix's stock was trading at $7.53 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CALX stock has increased by 529.2% and is now trading at $47.38.
View which stocks have been most impacted by COVID-19
.

What guidance has Calix issued on next quarter's earnings?

Calix updated its third quarter earnings guidance on Monday, July, 26th. The company provided EPS guidance of $0.26-$0.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.24. The company issued revenue guidance of $164-$170 million, compared to the consensus revenue estimate of $156.40 million.

What price target have analysts set for CALX?

7 Wall Street analysts have issued 12 month price objectives for Calix's shares. Their forecasts range from $13.00 to $58.00. On average, they expect Calix's stock price to reach $43.71 in the next twelve months. This suggests that the stock has a possible downside of 7.7%.
View analysts' price targets for Calix
or view top-rated stocks among Wall Street analysts.

Who are Calix's key executives?

Calix's management team includes the following people:
  • Carl E. Russo, Chairman & Chief Executive Officer
  • Michael Weening, President & Chief Operating Officer
  • Cory Joseph Sindelar, Chief Financial & Accounting Officer
  • Suzanne Tom, Secretary, Senior Vice President & General Counsel
  • Todd Ortberg, Senior Vice President-Strategic Development

What is Carl Russo's approval rating as Calix's CEO?

225 employees have rated Calix CEO Carl Russo on Glassdoor.com. Carl Russo has an approval rating of 98% among Calix's employees. This puts Carl Russo in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Calix's key competitors?

What other stocks do shareholders of Calix own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Calix investors own include Advanced Micro Devices (AMD), Etsy (ETSY), Overstock.com (OSTK), Enphase Energy (ENPH), Micron Technology (MU), NVIDIA (NVDA), OPKO Health (OPK), Zoom Video Communications (ZM), Fastly (FSLY) and Novavax (NVAX).

What is Calix's stock symbol?

Calix trades on the New York Stock Exchange (NYSE) under the ticker symbol "CALX."

Who are Calix's major shareholders?

Calix's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Hillsdale Investment Management Inc. (0.19%). Company insiders that own Calix stock include Christopher J Bowick, Cory Sindelar, Donald J Listwin, J Daniel Plants, Kevin A Denuccio, Michael Matthews and Michael Weening.
View institutional ownership trends for Calix
.

Which institutional investors are selling Calix stock?

CALX stock was sold by a variety of institutional investors in the last quarter, including Hillsdale Investment Management Inc.. Company insiders that have sold Calix company stock in the last year include J Daniel Plants, Kevin A Denuccio, Michael Matthews, and Michael Weening.
View insider buying and selling activity for Calix
or view top insider-selling stocks.

How do I buy shares of Calix?

Shares of CALX 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 Calix's stock price today?

One share of CALX stock can currently be purchased for approximately $47.38.

How much money does Calix make?

Calix has a market capitalization of $3.01 billion and generates $541.24 million in revenue each year. The communications equipment provider earns $33.48 million in net income (profit) each year or $0.75 on an earnings per share basis.

How many employees does Calix have?

Calix employs 785 workers across the globe.

Does Calix have any subsidiaries?

The following companies are subsidiares of Calix: Calix Brasil Servicos Ltda, Calix Network Technology Development (Nanjing) Co. Ltd., Calix Networks Canada Inc., Calix Networks UK Ltd, Occam Networks Inc., and Optical Solutions Inc..

When was Calix founded?

Calix was founded in 1998.

What is Calix's official website?

The official website for Calix is www.calix.com.

Where are Calix's headquarters?

Calix is headquartered at 2777 ORCHARD PARKWAY, SAN JOSE CA, 95134.

How can I contact Calix?

Calix's mailing address is 2777 ORCHARD PARKWAY, SAN JOSE CA, 95134. The communications equipment provider can be reached via phone at (408) 514-3000 or via email at [email protected]


This page was last updated on 7/29/2021 by MarketBeat.com Staff
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