NYSE:CALX Calix Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Calix Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $19.15 +0.45 (+2.41 %) (As of 09/18/2020 08:00 PM ET) Add Compare Share Today's Range$18.79Now: $19.15▼$19.3750-Day Range$18.13MA: $20.25▼$22.4052-Week Range$5.61Now: $19.15▼$22.69Volume18,795 shsAverage Volume662,799 shsMarket Capitalization$1.11 billionP/E RatioN/ADividend YieldN/ABeta1.53 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Calix, Inc., together with its subsidiaries, provides cloud and software platforms, systems and services required to deliver the unified access network. The company's cloud and software platforms, systems, and services enable communication service providers (CSP) to provide a range of services, from basic voice and data to advanced broadband services, over legacy and next-generation access networks. Its premises systems allow CSPs to master the complexity of the smart home and business, and offer services to their device-enabled subscribers. The company offers Calix Cloud, an analytics platform that leverages network data and subscriber behavioral data to deliver intelligence to communications professionals via role specific dashboards; Calix Marketing Cloud that enables marketers to move away from a one-size-fits-all approach to marketing and deliver personalized campaigns; Calix Support Cloud; EXOS, a carrier class premises operating system and software platform that supports residential, business, and mobile subscribers; and AXOS, a software platform built for the specific needs of the access network. The company markets its products in the United States, the Middle East, Canada, Europe, the Caribbean, and internationally through its direct sales force and resellers. Calix, Inc. was founded in 1999 and is headquartered in San Jose, California.Read More Beat the Market (BTM) Rank™ 1.5 Analyst's Opinion Consensus RatingCalix has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.00, Calix has a forecasted upside of 9.7% from its current price of $19.15.Amount of Analyst CoverageCalix has only been the subject of 2 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesCalix has received 294 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCalix has received 374 “underperform” votes. (Add your “underperform” vote.)Community SentimentCalix has received 55.99% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Calix and other stocks. Vote “Outperform” if you believe CALX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CALX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldCalix does not currently pay a dividend.Dividend GrowthCalix does not have a long track record of dividend growth. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Calix insiders have bought more of their company's stock than they have sold. Specifically, they have bought $773,641.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 17.54% of the stock of Calix is held by insiders.Percentage Held by Institutions72.65% of the stock of Calix is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Calix are expected to grow by 43.33% in the coming year, from $0.30 to $0.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Calix is -79.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Calix is -79.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCalix has a P/B Ratio of 6.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.5Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.92 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Communication services, not elsewhere classified Sub-IndustryCommunications Equipment SectorComputer and Technology Current SymbolNYSE:CALX Previous Symbol CUSIP13100M50 CIK1406666 Webwww.calix.com Phone408-514-3000Debt Debt-to-Equity RatioN/A Current Ratio1.35 Quick Ratio1.04Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio63.83 P/E GrowthN/A Sales & Book Value Annual Sales$424.33 million Price / Sales2.63 Cash Flow$0.04 per share Price / Cash Flow452.76 Book Value$2.78 per share Price / Book6.89Profitability EPS (Most Recent Fiscal Year)($0.14) Net Income$-17,690,000.00 Net Margins-3.08% Return on Equity1.81% Return on Assets0.86%Miscellaneous Employees802 Outstanding Shares58,202,000Market Cap$1.11 billion Next Earnings Date10/27/2020 (Estimated) OptionableOptionable $19.15 +0.45 (+2.41 %) (As of 09/18/2020 08:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CALX News and Ratings via Email Sign-up to receive the latest news and ratings for CALX and its competitors with MarketBeat's FREE daily newsletter. Calix (NYSE:CALX) Frequently Asked Questions How has Calix's stock been impacted by COVID-19? Calix's stock was trading at $7.53 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CALX stock has increased by 154.3% and is now trading at $19.15. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Calix? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calix in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Calix. When is Calix's next earnings date? Calix is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020. View our earnings forecast for Calix. How were Calix's earnings last quarter? Calix Inc (NYSE:CALX) posted its quarterly earnings results on Tuesday, July, 21st. The communications equipment provider reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.07. The communications equipment provider had revenue of $119.02 million for the quarter, compared to analysts' expectations of $113.10 million. Calix had a negative net margin of 3.08% and a positive return on equity of 1.81%. View Calix's earnings history. What guidance has Calix issued on next quarter's earnings? Calix issued an update on its third quarter 2020 After-Hours earnings guidance on Tuesday, July, 21st. The company provided EPS guidance of 0.17-0.21 for the period, compared to the Thomson Reuters consensus estimate of $0.09. The company issued revenue guidance of $127-131 million, compared to the consensus revenue estimate of $120.16 million. What price target have analysts set for CALX? 3 brokerages have issued 12-month price targets for Calix's shares. Their forecasts range from $16.00 to $25.00. On average, they expect Calix's share price to reach $21.00 in the next year. This suggests a possible upside of 9.7% from the stock's current price. View analysts' price targets for Calix. Are investors shorting Calix? Calix saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 1,690,000 shares, an increase of 15.8% from the July 15th total of 1,460,000 shares. Based on an average daily trading volume, of 889,200 shares, the short-interest ratio is currently 1.9 days. Approximately 3.2% of the company's shares are short sold. View Calix's Short Interest. Who are some of Calix's key competitors? Some companies that are related to Calix include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), Juniper Networks (JNPR), F5 Networks (FFIV), Ciena (CIEN), Echostar (SATS), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), NetGear (NTGR), Ribbon Communications (RBBN), Harmonic (HLIT) and Plantronics (PLT). View all 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), Overstock.com (OSTK), Enphase Energy (ENPH), Etsy (ETSY), Novavax (NVAX), NVIDIA (NVDA), Zoom Video Communications (ZM), Digital Turbine (APPS), Activision Blizzard (ATVI) and Fastly (FSLY). Who are Calix's key executives? Calix's management team includes the following people: Mr. Carl E. Russo, CEO, Pres & Director (Age 63)Mr. Cory J. Sindelar, CFO & Chief Accounting Officer (Age 50)Mr. Michael Weening, Exec. VP of Field Operations (Age 50)Mr. Gregory Billings, Sr. VP of Services (Age 51)Mr. Thomas J. Dinges, Director of Investor Relations 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 number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.02%), Gilder Gagnon Howe & Co. LLC (3.83%), Paradigm Capital Management Inc. NY (2.33%), Bank of New York Mellon Corp (1.00%), Lapides Asset Management LLC (0.94%) and Kornitzer Capital Management Inc. KS (0.89%). Company insiders that own Calix stock include Christopher J Bowick, Cory Sindelar, Donald J Listwin, J Daniel Plants, Kevin A Denuccio and Michael Matthews. 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 Paradigm Capital Management Inc. NY, Heartland Advisors Inc., Lapides Asset Management LLC, Jacobs Levy Equity Management Inc., Horrell Capital Management Inc., Mackay Shields LLC, AQR Capital Management LLC, and Strs Ohio. Company insiders that have sold Calix company stock in the last year include Christopher J Bowick, J Daniel Plants, and Michael Matthews. View insider buying and selling activity for Calix. Which institutional investors are buying Calix stock? CALX stock was purchased by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, Kornitzer Capital Management Inc. KS, Bank of New York Mellon Corp, Prudential Financial Inc., Vanguard Group Inc., FMR LLC, FMR LLC, and EAM Investors LLC. 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 activity for Calix. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Calix's stock price today? One share of CALX stock can currently be purchased for approximately $19.15. How big of a company is Calix? Calix has a market capitalization of $1.11 billion and generates $424.33 million in revenue each year. The communications equipment provider earns $-17,690,000.00 in net income (profit) each year or ($0.14) on an earnings per share basis. Calix employs 802 workers across the globe. What is Calix's official website? The official website for Calix is www.calix.com. 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 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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