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
- Sub-Industry: Communications Equipment
- Symbol: NYSE:CALX
- CUSIP: 13100M50
- Web: www.calix.com
Capitalization:- Market Cap: $246.51 million
- Outstanding Shares: 50,307,000
Average Prices:- 50 Day Moving Avg: $5.25
- 200 Day Moving Avg: $6.43
- 52 Week Range: $4.65 - $8.10
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -14.85
- P/E Growth: -0.20
Sales & Book Value:- Annual Revenue: $496.63 million
- Price / Sales: 0.50
- Book Value: $3.29 per share
- Price / Book: 1.49
Profitability:- EBIDTA: ($61,630,000.00)
- Net Margins: -12.72%
- Return on Equity: -30.33%
- Return on Assets: -17.39%
Debt:- Current Ratio: 1.37%
- Quick Ratio: 1.09%
Misc:- Average Volume: 247,422 shs.
- Beta: 0.6
- Short Ratio: 5.65
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 results on Tuesday, August, 8th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by $0.15. The firm earned $126.12 million during the quarter, compared to the consensus estimate of $123.70 million. Calix had a negative return on equity of 30.33% and a negative net margin of 12.72%. Calix's revenue was up 17.4% on a year-over-year basis. During the same period last year, the business earned ($0.04) EPS. View Calix's Earnings History.
When will Calix make its next earnings announcement?
Where is Calix's stock going? Where will Calix's stock price be in 2017?
3 brokerages have issued 1 year price objectives for Calix's shares. Their forecasts range from $6.00 to $7.00. On average, they anticipate Calix's share price to reach $6.50 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. " (8/14/2017)
- 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), Gilat Satellite Networks (GILT), Digi International (DGII), Harmonic (HLIT), EMCORE Corporation (EMKR), AudioCodes (AUDC), Aerohive Networks (HIVE), Clearfield (CLFD), Ooma (OOMA), CityFibre Infrastructure Holdings PLC (CITY), TESSCO Technologies Incorporated (TESS), Airgain (AIRG), UTStarcom Holdings Corp (UTSI), BATM Advanced Communications Ltd (BVC), SRT Marine Systems PLC (SRT), Communications Systems (JCS) and Lantronix (LTRX).
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
- Matt Collins, Chief Marketing Officer
- Kira Makagon, Director
- Christopher J. Bowick, Independent Director
- Kevin A. DeNuccio, Independent Director
- Michael T. Everett, Independent Director
Who owns Calix stock?
Calix's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.94%), Dimensional Fund Advisors LP (6.32%), Ameriprise Financial Inc. (6.26%), Lapides Asset Management LLC (5.87%), Renaissance Technologies LLC (5.27%) and Divisar Capital Management LLC (2.15%). View Institutional Ownership Trends for Calix.
Who sold Calix stock? Who is selling Calix stock?
Calix's stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Spark Investment Management LLC, Ameriprise Financial Inc., Goldman Sachs Group Inc., Rice Hall James & Associates LLC, Nationwide Fund Advisors, California State Teachers Retirement System and Royal Bank of Canada. View Insider Buying and Selling for Calix.
Who bought Calix stock? Who is buying Calix stock?
Calix's stock was bought by a variety of institutional investors in the last quarter, including Divisar Capital Management LLC, Renaissance Technologies LLC, Horrell Capital Management Inc., Vanguard Group Inc., Menta Capital LLC, State Street Corp, Northern Trust Corp and Lapides Asset Management LLC. View Insider Buying and Selling for Calix.
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 $4.90.
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: | 2 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.33) |
| Consensus Price Target: | $6.50 (32.65% upside) |
Analysts' Ratings History for Calix (NYSE:CALX)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/13/2017 | Northland Securities | Set Price Target | Hold | $6.00 | Low |  |
| 3/23/2017 | Jefferies Group LLC | Reiterated Rating | Hold | $7.00 | High | |
| 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 9/25/2015 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 |
|---|
| 11/7/2017 | | | | | | | N/A | |
| 8/8/2017 | Q2 2017 | ($0.15) | ($0.30) | $123.70 million | $126.12 million | View | Listen | |
| 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: $-1.47 EPS
Next Year EPS Consensus Estimate: $-0.33 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: 64.47%
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) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 23 at 8:50 PM |
| Acacia Communications (ACIA) versus Calix (CALX) Head to Head Analysis
www.americanbankingnews.com - September 23 at 6:52 AM |
 | Calix Leverages AXOS to Enable Lawful Intercept Compliance in Access Network, Dramatically Improves the Economics of Supporting CALEA Standards
finance.yahoo.com - September 21 at 11:00 AM |
| $127.87 Million in Sales Expected for Calix, Inc (CALX) This Quarter
www.americanbankingnews.com - September 20 at 10:22 AM |
 | Calix, Inc. (CALX) Names Kathy Crusco to Board of Directors
www.streetinsider.com - September 18 at 5:16 PM |
| Kathy Crusco, Software Executive with Deep Finance and Operations Experience, Joins Calix Board of Directors
finance.yahoo.com - September 18 at 5:16 PM |
| Weakness Seen in Calix (CALX) Estimates: Should You Stay Away?
finance.yahoo.com - September 7 at 4:38 PM |
| Calix, Inc (CALX) Rating Increased to Sell at ValuEngine
www.americanbankingnews.com - September 3 at 7:44 PM |
| ETFs with exposure to Calix, Inc. : September 1, 2017
finance.yahoo.com - September 1 at 10:14 PM |
| Calix, Inc (CALX) Expected to Post Quarterly Sales of $127.87 Million
www.americanbankingnews.com - September 1 at 2:44 AM |
| Calix, Inc (CALX) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - August 29 at 8:50 PM |
| Calix Recognized as Top Vendor in Four out of Five Gfast Categories in Broadbandtrends Service Provider Survey
finance.yahoo.com - August 29 at 5:15 PM |
| Calix, Inc. :CALX-US: Earnings Analysis: Q2, 2017 By the Numbers : August 29, 2017
finance.yahoo.com - August 29 at 5:15 PM |
| Edited Transcript of CALX earnings conference call or presentation 8-Aug-17 8:30pm GMT
finance.yahoo.com - August 15 at 5:43 PM |
| Calix, Inc (NYSE:CALX) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - August 14 at 6:38 PM |
| Calix, Inc (CALX) Upgraded at BidaskClub
www.americanbankingnews.com - August 12 at 3:28 PM |
| Calix, Inc (CALX) Releases Quarterly Earnings Results, Misses Estimates By $0.15 EPS
www.americanbankingnews.com - August 10 at 3:24 PM |
| Edited Transcript of CALX earnings conference call or presentation 8-Aug-17 8:30pm GMT
finance.yahoo.com - August 9 at 5:06 PM |
| Calix reports 2Q loss
finance.yahoo.com - August 9 at 5:06 PM |
| Investor Network: Calix, Inc. to Host Earnings Call
finance.yahoo.com - August 8 at 4:41 PM |
| Calix Reports Second Quarter 2017 Financial Results
finance.yahoo.com - August 8 at 4:41 PM |
| Head-To-Head Contrast: Calix (NYSE:CALX) & Clearfield (CLFD)
www.americanbankingnews.com - August 7 at 6:28 PM |
| Calix, Inc (CALX) Given a $7.00 Price Target at Northland Securities
www.americanbankingnews.com - August 7 at 11:46 AM |
| Calix, Inc (CALX) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - August 4 at 8:28 PM |
| Calix, Inc (CALX) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - August 1 at 7:16 AM |
| BidaskClub Downgrades Calix, Inc (NYSE:CALX) to Strong Sell
www.americanbankingnews.com - July 29 at 7:56 PM |
| $123.86 Million in Sales Expected for Calix, Inc (CALX) This Quarter
www.americanbankingnews.com - July 27 at 1:36 PM |
| Calix, Inc. breached its 50 day moving average in a Bearish Manner : CALX-US : July 26, 2017
finance.yahoo.com - July 26 at 5:27 PM |
| -$0.23 Earnings Per Share Expected for Calix, Inc (CALX) This Quarter
www.americanbankingnews.com - July 25 at 9:20 AM |
| 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 (CALX) Chart for Monday, September, 25, 2017
