NYSE:CALX - Calix Stock Price, Forecast & News

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

Calix Inc (NYSE:CALX) posted its quarterly earnings data on Tuesday, October, 22nd. The communications equipment provider reported $0.01 EPS for the quarter, beating analysts' consensus estimates of ($0.01) by $0.02. The communications equipment provider earned $114.49 million during the quarter, compared to analysts' expectations of $111.80 million. Calix had a negative return on equity of 8.74% and a negative net margin of 5.66%. View Calix's Earnings History.

Calix is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Calix.

Calix issued an update on its fourth quarter 2019 earnings guidance on Tuesday, October, 22nd. The company provided earnings per share (EPS) guidance of $0.06-0.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.11. The company issued revenue guidance of $117-121 million, compared to the consensus revenue estimate of $119.06 million.

1 analysts have issued 12 month price targets for Calix's shares. Their forecasts range from $9.00 to $9.00. On average, they expect Calix's stock price to reach $9.00 in the next twelve months. This suggests a possible upside of 20.0% from the stock's current price. View Analyst Price Targets for Calix.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calix in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Calix.

News headlines about CALX stock have been trending very positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Calix earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned news stories about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Calix.

Calix saw a decline in short interest during the month of November. As of November 15th, there was short interest totalling 1,390,000 shares, a decline of 10.9% from the October 31st total of 1,560,000 shares. Based on an average daily trading volume, of 239,000 shares, the short-interest ratio is presently 5.8 days. Approximately 2.9% of the company's stock are short sold. View Calix's Current Options Chain.

Some companies that are related to Calix include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), Ubiquiti Networks (UBNT), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), ViaSat (VSAT), Echostar (SATS), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Plantronics (PLT) and Comtech Telecomm. (CMTL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Calix investors own include Corbus Pharmaceuticals (CRBP), General Electric (GE), ADTRAN (ADTN), Cerus (CERS), Cypress Semiconductor (CY), FireEye (FEYE), Uniti Group (UNIT), ADT (ADT), Ford Motor (F) and Freeport-McMoRan (FCX).

Calix's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (1.49%), Horrell Capital Management Inc. (1.09%), Squarepoint Ops LLC (0.53%), Russell Investments Group Ltd. (0.21%), California Public Employees Retirement System (0.14%) and California State Teachers Retirement System (0.13%). Company insiders that own Calix stock include Christopher J Bowick, Cory Sindelar, Donald J Listwin, J Daniel Plants, Kevin A Denuccio, Michael Matthews and Sheila Cheung. View Institutional Ownership Trends for Calix.

CALX stock was sold by a variety of institutional investors in the last quarter, including Squarepoint Ops LLC, Barclays PLC, Public Employees Retirement System of Ohio, Russell Investments Group Ltd., Voya Investment Management LLC and State Street Corp. Company insiders that have sold Calix company stock in the last year include Christopher J Bowick and Michael Matthews. View Insider Buying and Selling for Calix.

CALX stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Horrell Capital Management Inc., Rhumbline Advisers, Metropolitan Life Insurance Co NY and California State Teachers Retirement System. Company insiders that have bought Calix stock in the last two years include Cory Sindelar, Donald J Listwin, J Daniel Plants and Kevin A Denuccio. View Insider Buying and Selling for Calix.

Shares of CALX 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, Robinhood, Fidelity and Charles Schwab.

One share of CALX stock can currently be purchased for approximately $7.50.

Calix has a market capitalization of $416.17 million and generates $441.32 million in revenue each year. The communications equipment provider earns $-19,300,000.00 in net income (profit) each year or ($0.33) on an earnings per share basis. Calix employs 802 workers across the globe.View Additional Information About Calix.

The official website for Calix is http://www.calix.com/.

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]