Calix, Inc., together with its subsidiaries, develops, markets, and sells software platforms, systems, and software for fiber- and copper-based network architectures that enable communications service providers (CSPs) to access networks. Its portfolio consists of E-Series access systems and nodes, B-Series access nodes, C-Series multiservice access system, and P-Series optical network terminals and residential gateways. The company also offers the GigaFamily and Compass Cloud products. Its portfolio serves the CSP network from the data center or central office; and enables CSPs to deliver voice, data, and broadband services over legacy and next-generation access networks. The company markets its access systems and software to CSPs in the United States, the Caribbean, Canada, Europe, and internationally through its direct sales force and resellers. Calix, Inc. was founded in 1999 and is headquartered in Petaluma, California.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Communication services, not elsewhere classified
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNYSE:CALX
CUSIP13100M50
Phone707-766-3000
Debt
Debt-to-Equity RatioN/A
Current Ratio1.23
Quick Ratio1.07
Price-To-Earnings
Trailing P/E Ratio-4.46
Forward P/E Ratio-31.59
P/E GrowthN/A
Sales & Book Value
Annual Sales$510.37 million
Price / Sales0.72
Cash FlowN/A
Price / CashN/A
Book Value$2.88 per share
Price / Book2.41
Profitability
EPS (Most Recent Fiscal Year)($1.56)
Net Income$-83,030,000.00
Net Margins-9.47%
Return on Equity-30.28%
Return on Assets-14.90%
Miscellaneous
Employees1,031
Outstanding Shares53,080,000
Market Cap$363.59 million
Calix (NYSE:CALX) Frequently Asked Questions
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) posted its earnings results on Tuesday, August, 7th. The communications equipment provider reported $0.01 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.04) by $0.05. The communications equipment provider earned $111.70 million during the quarter, compared to the consensus estimate of $113.70 million. Calix had a negative net margin of 9.47% and a negative return on equity of 30.28%. View Calix's Earnings History.
When is Calix's next earnings date?
What price target have analysts set for CALX?
3 brokerages have issued twelve-month price objectives for Calix's shares. Their forecasts range from $6.50 to $9.00. On average, they anticipate Calix's stock price to reach $7.75 in the next year. This suggests a possible upside of 11.5% from the stock's current price. View Analyst Price Targets for Calix.
What is the consensus analysts' recommendation for Calix?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calix in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Calix.
What are Wall Street analysts saying about Calix stock?
Here are some recent quotes from research analysts about Calix stock:
- 1. Drexel Hamilton analysts commented, "We are encouraged by the improvement in gross margin, which helped offset a large portion of earnings impact from the revenue shortfall. Additionally, 37 new customers were added in the period, which speaks to the uptake strength of new products while also diversifying its customer base away from over-dependence of Tier 1 service providers." (5/9/2018)
- 2. 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. " (4/17/2018)
Who are some of Calix's key competitors?
Some companies that are related to Calix include Boingo Wireless (WIFI), ORBCOMM (ORBC), Gogo (GOGO), Hawaiian Telcom HoldCo (HCOM), RigNet (RNET), Global Eagle Entertainment (ENT), B Communications (BCOM), Remark (MARK), Lithium Co.. (LTUM), Dropcar (DCAR), Plaintree Systems (PTEEF), China Teletech (CNCT), Towerstream (TWER), Directview (DIRV) and RadioIO (RAIO).
Who are Calix's key executives?
Calix's management team includes the folowing people:
- Mr. Carl E. Russo, CEO, Pres & Director (Age 62)
- Mr. Cory J. Sindelar, CFO & Chief Accounting Officer (Age 49)
- Mr. Michael Weening, Exec. VP of Sales & Marketing (Age 49)
- Mr. Gregory Billings, Sr. VP of Services (Age 50)
- Mr. Thomas J. Dinges, Director of Investor Relations
Has Calix been receiving favorable news coverage?
Media headlines about CALX stock have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Calix earned a media and rumor sentiment score of 0.14 on Accern's scale. They also gave press coverage about the communications equipment provider an impact score of 47.78 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for Calix.
Who are Calix's major shareholders?
Calix's stock is owned by a number of of institutional and retail investors. Top institutional investors include Divisar Capital Management LLC (6.03%), Dimensional Fund Advisors LP (5.71%), BlackRock Inc. (5.62%), Lapides Asset Management LLC (5.51%), Voce Capital Management LLC (2.17%) and Horrell Capital Management Inc. (1.30%). Company insiders that own Calix stock include Carl Russo, Cory Sindelar, Donald J Listwin, J Daniel Plants and Sheila Cheung. View Institutional Ownership Trends for Calix.
Which major investors are selling Calix stock?
CALX stock was sold by a variety of institutional investors in the last quarter, including Horrell Capital Management Inc., Lapides Asset Management LLC, California Public Employees Retirement System, FMR LLC, Dimensional Fund Advisors LP, PEAK6 Investments L.P. and Bank of New York Mellon Corp. View Insider Buying and Selling for Calix.
Which major investors are buying Calix stock?
CALX stock was bought by a variety of institutional investors in the last quarter, including Intrinsic Edge Capital Management LLC, Northpointe Capital LLC, Divisar Capital Management LLC, BlackRock Inc., Voce Capital Management LLC, State of Wisconsin Investment Board, Millennium Management LLC and GSA Capital Partners LLP. Company insiders that have bought Calix stock in the last two years include Carl Russo, Cory Sindelar, Donald J Listwin and J Daniel Plants. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Calix's stock price today?
One share of CALX stock can currently be purchased for approximately $6.95.
How big of a company is Calix?
Calix has a market capitalization of $363.59 million and generates $510.37 million in revenue each year. The communications equipment provider earns $-83,030,000.00 in net income (profit) each year or ($1.56) on an earnings per share basis. Calix employs 1,031 workers across the globe.
How can I contact Calix?
Calix's mailing address is 1035 N MCDOWELL BLVD, PETALUMA CA, 95954. The communications equipment provider can be reached via phone at 707-766-3000 or via email at [email protected]
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 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.
