NYSE:CALX

Calix Stock Forecast, Price & News

$48.00
+1.67 (+3.60 %)
(As of 05/7/2021 12:00 AM ET)
Add
Compare
Today's Range
$46.70
$48.69
50-Day Range
$32.48
$46.79
52-Week Range
$10.64
$48.78
Volume1.34 million shs
Average Volume893,868 shs
Market Capitalization$3.02 billion
P/E Ratio342.86
Dividend YieldN/A
Beta1.49
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 Calix and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Communication services, not elsewhere classified
Sub-IndustryCommunications Equipment
CUSIP13100M50
Phone408-514-3000
Employees785
Year Founded1998

Sales & Book Value

Annual Sales$424.33 million
Cash Flow$0.06 per share
Book Value$2.78 per share

Profitability

Net Income$-17,690,000.00

Debt

Price-To-Earnings

Miscellaneous

Market Cap$3.02 billion
Next Earnings Date7/20/2021 (Estimated)
OptionableOptionable

Social Links

Headlines

See More Headlines
Calix logo

About Calix

Calix, Inc., together with its subsidiaries, provides cloud and software platforms, and systems and services required to deliver the unified access network in the United States, the Middle East, Canada, Europe, the Caribbean, and internationally. The company's cloud and software platforms, and systems and services enable communication service providers (CSPs) to provide a range of services, such as basic voice and data, and advanced broadband services. Its premises systems allow CSPs to master the complexity of the smart and connected homes and offer services to differentiate through the delivery of a subscriber experience. The company offers Calix Cloud, an analytics platform that leverages network data and subscriber behavioral data to deliver analytics and intelligence to communications professionals through role specific dashboards; and Calix Marketing Cloud for CSP marketing teams, as well as Calix Support Cloud for CSP customer support teams. It also provides Experience eXtensible Operating System, a carrier class premises operating system and software platform that supports residential, business, and mobile subscribers; and Access eXtensible Operating System, a software platform built for the specific needs of the access network. The company offers its products through its direct sales force and resellers. Calix, Inc. was founded in 1999 and is headquartered in San Jose, California.

MarketRank

Overall MarketRank

1.01 out of 5 stars

Computer And Technology Sector

675th out of 1,563 stocks

Communication Services, Not Elsewhere Classified Industry

7th out of 33 stocks

Analyst Opinion: 1.2Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Calix (NYSE:CALX) Frequently Asked Questions

Is Calix a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Calix in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Calix stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CALX, but not buy additional shares or sell existing shares.
View analyst ratings for Calix
or view top-rated stocks.

What stocks does MarketBeat like better than Calix?

Wall Street analysts have given Calix a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Calix wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Calix?

Calix saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 2,780,000 shares, a drop of 21.5% from the March 15th total of 3,540,000 shares. Based on an average trading volume of 954,100 shares, the days-to-cover ratio is presently 2.9 days. Approximately 5.1% of the shares of the stock are short sold.
View Calix's Short Interest
.

When is Calix's next earnings date?

Calix is scheduled to release its next quarterly earnings announcement on Tuesday, July 20th 2021.
View our earnings forecast for Calix
.

How were Calix's earnings last quarter?

Calix, Inc. (NYSE:CALX) issued its quarterly earnings data on Tuesday, April, 27th. The communications equipment provider reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.20. The communications equipment provider had revenue of $162.07 million for the quarter, compared to the consensus estimate of $150.46 million. Calix had a trailing twelve-month return on equity of 13.51% and a net margin of 2.01%. The company's revenue was up 59.4% compared to the same quarter last year.
View Calix's earnings history
.

How has Calix's stock been impacted by Coronavirus (COVID-19)?

Calix's stock was trading at $7.53 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CALX shares have increased by 537.5% and is now trading at $48.00.
View which stocks have been most impacted by COVID-19
.

What guidance has Calix issued on next quarter's earnings?

Calix updated its second quarter 2021 earnings guidance on Tuesday, May, 4th. The company provided EPS guidance of 0.240-0.280 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.170. The company issued revenue guidance of $157 million-$163 million, compared to the consensus revenue estimate of $138.93 million.

What price target have analysts set for CALX?

6 Wall Street analysts have issued 12 month target prices for Calix's stock. Their forecasts range from $13.00 to $52.00. On average, they expect Calix's share price to reach $35.33 in the next twelve months. This suggests that the stock has a possible downside of 26.4%.
View analysts' price targets for Calix
or view top-rated stocks among Wall Street analysts.

Who are Calix's key executives?

Calix's management team includes the following people:
  • Mr. Carl E. Russo, CEO & Director (Age 65, Pay $1.94M)
  • Mr. Michael Weening, Pres & COO (Age 52, Pay $2.18M)
  • Mr. Cory J. Sindelar, CFO & Chief Accounting Officer (Age 52, Pay $969.97k)
  • Mr. Thomas J. Dinges, Director of Investor Relations
  • Ms. Suzanne Tom, Sr. VP, Gen. Counsel & Corp. Sec.
  • Mr. Mark Dressler, Sr. VP of Global Sales
  • Mr. Matt Collins, Chief Marketing Officer
  • Mr. Todd C. Ortberg, Sr. VP of Strategic Devel.
  • Mr. Mehdi Bradaran, Sr. VP of Product Operations (Age 63)
  • Mr. Michel Langlois, Chief Devel. Officer of Intelligent Access EDGE Products (Age 59)

What is Carl Russo's approval rating as Calix's CEO?

225 employees have rated Calix CEO Carl Russo on Glassdoor.com. Carl Russo has an approval rating of 98% among Calix's employees. This puts Carl Russo in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Calix's key 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), Etsy (ETSY), Overstock.com (OSTK), Enphase Energy (ENPH), Micron Technology (MU), NVIDIA (NVDA), OPKO Health (OPK), Zoom Video Communications (ZM), Fastly (FSLY) and Novavax (NVAX).

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.07%), Alliancebernstein L.P. (3.73%), Paradigm Capital Management Inc. NY (1.84%), Kornitzer Capital Management Inc. KS (0.77%), Analog Century Management LP (0.37%) and Hillsdale Investment Management Inc. (0.26%). 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 MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income, Kornitzer Capital Management Inc. KS, Lapides Asset Management LLC, Hillsdale Investment Management Inc., Genesee Capital Advisors LLC, Paradigm Capital Management Inc. NY, Chartwell Investment Partners LLC, and Robeco Institutional Asset Management B.V.. Company insiders that have sold Calix company stock in the last year include Christopher J Bowick, Kevin A Denuccio, and Michael Matthews.
View insider buying and selling activity for Calix
or view top insider-selling stocks.

Which institutional investors are buying Calix stock?

CALX stock was purchased by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Analog Century Management LP, BlackRock Inc., State of New Jersey Common Pension Fund D, Creative Planning, Natixis Advisors L.P., D.A. Davidson & CO., and LVW Advisors 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
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Calix's stock price today?

One share of CALX stock can currently be purchased for approximately $48.00.

How much money does Calix make?

Calix has a market capitalization of $3.02 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.

How many employees does Calix have?

Calix employs 785 workers across the globe.

Does Calix have any subsidiaries?

The following companies are subsidiares of Calix: Calix Brasil Servicos Ltda, Calix Network Technology Development (Nanjing) Co. Ltd., Calix Networks Canada Inc., Calix Networks UK Ltd, Occam Networks Inc., and Optical Solutions Inc..

When was Calix founded?

Calix was founded in 1998.

What is Calix's official website?

The official website for Calix is www.calix.com.

Where are Calix's headquarters?

Calix is headquartered at 2777 ORCHARD PARKWAY, SAN JOSE CA, 95134.

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 5/9/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.