NYSE:CALX

Calix Stock Forecast, Price & News

$34.83

-0.25 (-0.71 %)

(As of 01/20/2021 01:51 PM ET)

Add

Compare

Today's Range

$34.46

Now: $34.83▼

$36.02

50-Day Range

$22.70

MA: $29.40▼

$33.19

52-Week Range

$5.61

Now: $34.83▼

$35.29

Volume22,481 shs

Average Volume684,809 shs

Market Capitalization$2.15 billion

P/E Ratio248.79

Dividend YieldN/A

Beta1.49

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^™

1.07 out of 5 stars

Computer And Technology Sector

599th out of 1,517 stocks

Communication Services, Not Elsewhere Classified Industry

8th out of 33 stocks

1.5 Analyst's Opinion

Consensus Rating
Calix has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $30.00, Calix has a forecasted downside of 13.9% from its current price of $34.83.
Amount of Analyst Coverage
Calix has only been the subject of 3 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
Calix has received 301 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Calix has received 379 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Calix has received 55.74% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Calix does not currently pay a dividend.
Dividend Growth
Calix does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Calix insiders have sold 215.11% more of their company's stock than they have bought. Specifically, they have bought $450,600.00 in company stock and sold $1,419,900.00 in company stock.
Percentage Held by Insiders
Only 17.54% of the stock of Calix is held by insiders.
Percentage Held by Institutions
71.31% of the stock of Calix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Calix are expected to decrease by -6.06% in the coming year, from $0.66 to $0.62 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Calix is 248.79, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of Calix is 248.79, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 83.35.
Price to Book Value per Share Ratio
Calix has a P/B Ratio of 12.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Communication services, not elsewhere classified

Sub-IndustryCommunications Equipment

SectorComputer and Technology

Current SymbolNYSE:CALX

Previous Symbol

CUSIP13100M50

CIK1406666

Webwww.calix.com

Phone408-514-3000

Employees763

Debt

Debt-to-Equity RatioN/A

Current Ratio2.43

Quick Ratio1.98

Price-To-Earnings

Trailing P/E Ratio248.79

Forward P/E Ratio52.77

P/E GrowthN/A

Sales & Book Value

Annual Sales$424.33 million

Price / Sales5.07

Cash Flow$0.04 per share

Price / Cash Flow774.77

Book Value$2.78 per share

Price / Book12.53

Profitability

EPS (Most Recent Fiscal Year)($0.14)

Net Income$-17,690,000.00

Net Margins2.01%

Return on Equity13.51%

Return on Assets7.13%

Miscellaneous

Outstanding Shares61,773,000

Market Cap$2.15 billion

Next Earnings Date1/27/2021 (Confirmed)

OptionableOptionable

$34.83

-0.25 (-0.71 %)

(As of 01/20/2021 01:51 PM ET)

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 CALX and its competitors with MarketBeat's FREE daily newsletter.

Calix (NYSE:CALX) Frequently Asked Questions

How has Calix's stock price 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 stock has increased by 362.5% and is now trading at $34.83.
View which stocks have been most impacted by COVID-19.

Is Calix a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Calix in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Calix stock.
View analyst ratings for Calix or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Calix?

Wall Street analysts have given Calix a "Buy" 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.

When is Calix's next earnings date?

Calix is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for Calix.

How can I listen to Calix's earnings call?

Calix will be holding an earnings conference call on Wednesday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Calix's earnings last quarter?

Calix, Inc. (NYSE:CALX) issued its earnings results on Tuesday, October, 20th. The communications equipment provider reported $0.40 EPS for the quarter, beating the consensus estimate of $0.15 by $0.25. The communications equipment provider earned $150.50 million during the quarter, compared to analyst estimates of $129.44 million. Calix had a return on equity of 13.51% and a net margin of 2.01%. The company's quarterly revenue was up 31.0% compared to the same quarter last year.
View Calix's earnings history.

What price target have analysts set for CALX?

4 brokerages have issued 1 year price targets for Calix's shares. Their forecasts range from $25.00 to $35.00. On average, they anticipate Calix's stock price to reach $30.00 in the next twelve months. This suggests that the stock has a possible downside of 13.9%.
View analysts' price targets for Calix or view Wall Street analyst' top-rated stocks.

Are investors shorting Calix?

Calix saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 2,880,000 shares, an increase of 33.3% from the December 15th total of 2,160,000 shares. Based on an average daily volume of 945,700 shares, the days-to-cover ratio is presently 3.0 days. Currently, 5.4% of the shares of the company are sold short.
View Calix's Short Interest.

Who are some of Calix's key competitors?

Some companies that are related to Calix include Cisco Systems (CSCO), QUALCOMM (QCOM), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 Networks (FFIV), Ciena (CIEN), Juniper Networks (JNPR), Viasat (VSAT), EchoStar (SATS), InterDigital (IDCC), Infinera (INFN), Plantronics (PLT), NETGEAR (NTGR), Ribbon Communications (RBBN) and Extreme Networks (EXTR).
View all of CALX's 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).

Who are Calix's key executives?

Calix's management team includes the following people:

Mr. Carl E. Russo, CEO, Pres & Director (Age 65, Pay $875k)
Mr. Cory J. Sindelar, CFO & Chief Accounting Officer (Age 52, Pay $518.8k)
Mr. Michael Weening, Exec. VP & COO (Age 52, Pay $602.63k)
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 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 Genesee Capital Advisors LLC (0.19%) and Columbus Circle Investors (0.07%). 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 Genesee Capital Advisors LLC. Company insiders that have sold Calix company stock in the last year include Christopher J Bowick, J Daniel Plants, Kevin A Denuccio, and Michael Matthews.
View insider buying and selling activity for Calix or view top insider-selling stocks.

Which major investors are buying Calix stock?

CALX stock was acquired by a variety of institutional investors in the last quarter, including Columbus Circle Investors. 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.

What is Calix's stock price today?

One share of CALX stock can currently be purchased for approximately $34.83.

How big of a company is Calix?

Calix has a market capitalization of $2.15 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 763 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 1/20/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here