NYSE:CALXCalix Stock Price, Forecast & News

Calix's stock was trading at $7.53 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CALX stock has increased by 91.6% and is now trading at $14.43. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calix in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Calix.

Calix is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Calix.

Calix Inc (NYSE:CALX) posted its quarterly earnings results on Tuesday, August, 7th. The communications equipment provider reported $0.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.04) by $0.05. The communications equipment provider earned $111.70 million during the quarter, compared to analyst estimates of $113.70 million. Calix had a negative net margin of 3.41% and a negative return on equity of 3.80%. View Calix's earnings history.

2 equities research analysts have issued 1 year target prices for Calix's stock. Their forecasts range from $9.00 to $16.00. On average, they anticipate Calix's share price to reach $12.50 in the next year. This suggests that the stock has a possible downside of 13.4%. View analysts' price targets for Calix.

News articles about CALX stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Calix earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave news coverage 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 next few days. View the latest news aboutCalix.

Calix saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 850,700 shares, a decrease of 27.9% from the April 30th total of 1,180,000 shares. Based on an average trading volume of 480,200 shares, the days-to-cover ratio is presently 1.8 days. Currently, 1.8% of the company's shares are sold short. 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), Ciena (CIEN), Juniper Networks (JNPR), Echostar (SATS), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), NetGear (NTGR), Ribbon Communications (RBBN), ADTRAN (ADTN) and Plantronics (PLT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Calix investors own include Ring Energy (REI), Ring Energy (REI), Ford Motor (F), General Electric (GE), ADTRAN (ADTN), Advanced Micro Devices (AMD), Corbus Pharmaceuticals (CRBP), Freeport-McMoRan (FCX), General Motors (GM) and KeyCorp (KEY).

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

Calix's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.44%), Wellington Management Group LLP (5.16%), Paradigm Capital Management Inc. NY (3.56%), Lord Abbett & CO. LLC (2.51%), Geode Capital Management LLC (1.79%) and Acadian Asset Management LLC (1.51%). 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.

CALX stock was sold by a variety of institutional investors in the last quarter, including Voce Capital Management LLC, North Run Capital LP, BlackRock Inc., Horrell Capital Management Inc., Paradigm Capital Management Inc. NY, IndexIQ Advisors LLC, Squarepoint Ops LLC, and Morgan Stanley. 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.

CALX stock was purchased by a variety of institutional investors in the last quarter, including Hillsdale Investment Management Inc., Acadian Asset Management LLC, Wellington Management Group LLP, Two Sigma Advisers LP, Alyeska Investment Group L.P., Two Sigma Investments LP, Lord Abbett & CO. LLC, and Mackay Shields 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.

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 $14.43.

Calix has a market capitalization of $817.03 million 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.

The official website for Calix is 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]