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 the Thomson Reuters' consensus estimate of ($0.01) by $0.02. The communications equipment provider earned $114.49 million during the quarter, compared to analyst estimates of $111.80 million. Calix had a negative net margin of 5.66% and a negative return on equity of 8.74%. View Calix's Earnings History.

Calix is scheduled to release their next quarterly earnings announcement on Tuesday, January 28th 2020. View Earnings Estimates for Calix.

Calix will be holding an earnings conference call on Tuesday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

1 Wall Street analysts have issued 1-year price objectives for Calix's shares. Their forecasts range from $9.00 to $9.00. On average, they anticipate Calix's stock price to reach $9.00 in the next twelve months. This suggests a possible upside of 4.9% 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.

Media headlines about CALX stock have trended negative on Saturday, according to InfoTrie. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Calix earned a daily sentiment score of -2.0 on InfoTrie's scale. They also assigned media stories about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Calix.

Calix saw a decline in short interest in December. As of December 31st, there was short interest totalling 1,280,000 shares, a decline of 11.1% from the December 15th total of 1,440,000 shares. Based on an average daily trading volume, of 219,100 shares, the short-interest ratio is presently 5.8 days. Approximately 2.7% of the shares of the 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), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), ViaSat (VSAT), Echostar (SATS), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Plantronics (PLT), Extreme Networks (EXTR) and Comtech Telecomm. (CMTL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Calix investors own include NeoPhotonics (NPTN), ADTRAN (ADTN), Corbus Pharmaceuticals (CRBP), FireEye (FEYE), ADT (ADT), Freeport-McMoRan (FCX), Century Aluminum (CENX), Cerus (CERS), Cohu (COHU) and Cypress Semiconductor (CY).

Calix's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Horrell Capital Management Inc. (0.88%). 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 Horrell Capital Management Inc.. 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.

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 $8.58.

Calix has a market capitalization of $476.10 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]