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NYSE:CALX

Calix Stock Forecast, Price & News

$19.15
+0.45 (+2.41 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$18.79
Now: $19.15
$19.37
50-Day Range
$18.13
MA: $20.25
$22.40
52-Week Range
$5.61
Now: $19.15
$22.69
Volume935,172 shs
Average Volume662,799 shs
Market Capitalization$1.11 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.53
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.
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Beat the Market (BTM) Rank

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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$424.33 million
Cash Flow$0.04 per share
Book Value$2.78 per share

Profitability

Net Income$-17,690,000.00

Miscellaneous

Employees802
Market Cap$1.11 billion
Next Earnings Date10/27/2020 (Estimated)
OptionableOptionable
$19.15
+0.45 (+2.41 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 shares have 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) issued its quarterly earnings data on Tuesday, July, 21st. The communications equipment provider reported $0.08 EPS for the quarter, beating the consensus estimate of $0.01 by $0.07. The communications equipment provider earned $119.02 million during the quarter, compared to analysts' expectations of $113.10 million. Calix had a positive return on equity of 1.81% and a negative net margin of 3.08%.
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 earnings per share (EPS) guidance of 0.17-0.21 for the period, compared to the Thomson Reuters consensus earnings per share 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 equities research analysts have issued 12-month price objectives for Calix's stock. Their forecasts range from $16.00 to $25.00. On average, they expect Calix's share price to reach $21.00 in the next twelve months. 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 August. As of August 14th, there was short interest totaling 1,690,000 shares, an increase of 15.8% from the July 30th total of 1,460,000 shares. Based on an average daily trading volume, of 889,200 shares, the days-to-cover ratio is presently 1.9 days. Currently, 3.2% of the company's stock are short sold.
View Calix's Short Interest
.

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), Overstock.com (OSTK), Enphase Energy (ENPH), Etsy (ETSY), Novavax (NVAX), NVIDIA (NVDA), Zoom Video Communications (ZM), Digital Turbine (APPS), Activision Blizzard (ATVI) and Opko Health (OPK).

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 shareholders 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 major 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 major investors are buying Calix stock?

CALX stock was acquired 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 9/19/2020 by MarketBeat.com Staff

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