NYSE:CALX - Calix Stock Price, Forecast & News

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

Calix Inc (NYSE:CALX) announced its quarterly earnings data on Tuesday, August, 7th. The communications equipment provider reported $0.01 EPS for the quarter, beating the Zacks' consensus estimate of ($0.04) by $0.05. The communications equipment provider had revenue of $111.70 million for the quarter, compared to the consensus estimate of $113.70 million. Calix had a negative net margin of 4.17% and a negative return on equity of 5.44%. View Calix's Earnings History.

Calix is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Calix.

Calix updated its first quarter 2020 After-Hours earnings guidance on Tuesday, January, 28th. The company provided EPS guidance of -0.08--0.04 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.08. The company issued revenue guidance of $99-103 million, compared to the consensus revenue estimate of $99.28 million.

1 brokers have issued 12-month price objectives for Calix's stock. Their forecasts range from $9.00 to $9.00. On average, they anticipate Calix's share price to reach $9.00 in the next year. This suggests that the stock has a possible downside of 12.5%. View Analyst Price Targets for Calix.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calix in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Calix.

News coverage about CALX stock has been trending neutral on Wednesday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Calix earned a media sentiment score of 0.5 on InfoTrie's scale. They also gave news coverage about the communications equipment provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Calix.

Calix saw a decline in short interest in January. As of January 31st, there was short interest totalling 1,200,000 shares, a decline of 6.3% from the January 15th total of 1,280,000 shares. Based on an average daily trading volume, of 221,900 shares, the short-interest ratio is presently 5.4 days. Approximately 2.5% of the company's stock 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), Juniper Networks (JNPR), F5 Networks (FFIV), Ciena (CIEN), Echostar (SATS), ViaSat (VSAT), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Comtech Telecomm. (CMTL), Extreme Networks (EXTR) and NetGear (NTGR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Calix investors own include NeoPhotonics (NPTN), ADTRAN (ADTN), Corbus Pharmaceuticals (CRBP), FireEye (FEYE), ADT (ADT), Freeport-McMoRan (FCX), Tapestry (TPR), Century Aluminum (CENX), Cerus (CERS) and Cohu (COHU).

Calix's stock is owned by a number of of retail and institutional investors. Top institutional investors include Divisar Capital Management LLC (4.91%), Renaissance Technologies LLC (4.89%), Lapides Asset Management LLC (2.54%), Lord Abbett & CO. LLC (2.35%), State Street Corp (1.60%) and Acadian Asset Management LLC (1.05%). Company insiders that own Calix stock include Christopher J Bowick, Cory Sindelar, Donald J Listwin, J Daniel Plants, Kevin A Denuccio, Michael Matthews and Sheila Cheung. View Institutional Ownership Trends for Calix.

CALX stock was sold by a variety of institutional investors in the last quarter, including Divisar Capital Management LLC, Lapides Asset Management LLC, AQR Capital Management LLC, Horrell Capital Management Inc., Renaissance Technologies LLC, Strs Ohio, Jacobs Levy Equity Management Inc. and IndexIQ Advisors LLC. Company insiders that have sold Calix company stock in the last year include Christopher J Bowick and Michael Matthews. View Insider Buying and Selling for Calix.

CALX stock was bought by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, State Street Corp, Barclays PLC, UBS Group AG, Goldman Sachs Group Inc., Acadian Asset Management LLC, SkyOak Wealt LLC and Charles Schwab Investment Management Inc.. 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 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 $10.29.

Calix has a market capitalization of $570.98 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.View Additional Information About Calix.

The official website for Calix is http://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]