NYSE:CALXCalix Stock Price, Forecast & News

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. Since then, CALX stock has increased by 90.8% and is now trading at $14.37. 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) released its quarterly earnings data on Tuesday, August, 7th. The communications equipment provider reported $0.01 earnings per share for the quarter, beating 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 analysts have issued twelve-month price targets for Calix's stock. Their forecasts range from $9.00 to $16.00. On average, they anticipate Calix's stock price to reach $12.50 in the next twelve months. This suggests that the stock has a possible downside of 13.0%. View analysts' price targets for Calix.

Media headlines about CALX stock have been trending extremely negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Calix earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave news articles 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 impact on the company's share price in the near future. View the latest news aboutCalix.

Calix saw a drop in short interest in May. As of May 15th, there was short interest totaling 850,700 shares, a drop of 27.9% from the April 30th total of 1,180,000 shares. Based on an average trading volume of 480,200 shares, the short-interest ratio is presently 1.8 days. Currently, 1.8% 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), F5 Networks (FFIV), Ciena (CIEN), Juniper Networks (JNPR), Echostar (SATS), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), NetGear (NTGR), Ribbon Communications (RBBN), Extreme Networks (EXTR) and ADTRAN (ADTN). 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 a variety of retail and institutional investors. Top institutional investors 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 acquired 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 $14.37.

Calix has a market capitalization of $813.63 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]