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Calix Inc (CALX)
NYSE:CALX
Calix (CALX) Stock Price & Analysis
802 Followers
CALX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$26.76 - $50.87
Previous Close$36.1
Volume135.88K
Average Volume (3M)673.91K
Market Cap
$2.38B
Enterprise Value$2.11B
Total Cash (Recent Filing)$264.13M
Total Debt (Recent Filing)$9.50M
Price to Earnings (P/E)114.1
Beta1.05
Next Earnings
Jul 22, 2024EPS Estimate
$0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.32
Shares Outstanding65,525,049
10 Day Avg. Volume506,709
30 Day Avg. Volume673,908
Standard Deviation0.19
R-Squared0.24
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)3.67
Price to Sales (P/S)2.64
Price to Cash Flow (P/CF)32.80
P/FCF Ratio47.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.10
Enterprise Value/Gross Profit4.85
Enterprise Value/Ebitda35.06
Forecast
1Y Price Target
$38.14Price Target Upside4.87% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Calix News
Bulls Say, Bears Say
Bulls Say
Capital InfluxExpect the company to return to strong growth driven by a significant new influx of capital, unlikely to peak before C27.
Competitive PositionRemain bullish on CALX given its strong competitive position and consistent GM expansion.
Government SubsidiesWith BEAD and other subsidy programs still on the come, expect the company to return to strong growth.
Bears Say
Customer UncertaintyManagement noted that its medium and large customer segments were the major source of weakness, collectively down -50% q/q in 1Q and expected to further decline another 50% q/q in 2Q.
Investment PressureThe company is sustaining aggressive investments in the business.
Revenue And SalesCalix’s Software business will generate 2025 sales down from prior views.
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Ownership Overview
31.52% Insiders
33.71% Mutual Funds
31.60% Other Institutional Investors
3.16% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CALX FAQ
What was Calix Inc’s price range in the past 12 months?
Calix Inc lowest stock price was $26.76 and its highest was $50.87 in the past 12 months.
What is Calix Inc’s market cap?
Currently, no data Available
When is Calix Inc’s upcoming earnings report date?
Calix Inc’s upcoming earnings report date is Jul 22, 2024 which is in 3 days.
How were Calix Inc’s earnings last quarter?
Calix Inc released its earnings results on Apr 22, 2024. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.201 by $0.009.
Is Calix Inc overvalued?
According to Wall Street analysts Calix Inc’s price is currently Undervalued.
Does Calix Inc pay dividends?
Calix Inc does not currently pay dividends.
What is Calix Inc’s EPS estimate?
Calix Inc’s EPS estimate is $0.06.
How many shares outstanding does Calix Inc have?
Calix Inc has 65,525,050 shares outstanding.
What happened to Calix Inc’s price movement after its last earnings report?
Calix Inc reported an EPS of $0.21 in its last earnings report, beating expectations of $0.201. Following the earnings report the stock price went down -5.176%.
Which hedge fund is a major shareholder of Calix Inc?
Among the largest hedge funds holding Calix Inc’s share is Gilder Gagnon Howe & Co LLC.. It holds Calix Inc’s shares valued at 22M.
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Calix Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$38.14 (4.87% Upside)
$38.14 (4.87% Upside)
Blogger Sentiment
Neutral
CALX Sentiment 57%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 909.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 8.4%
Last 30 Days ▼ 8.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-26.74%
12-Months-Change
Fundamentals
Return on Equity
3.05%
Trailing 12-Months
Asset Growth
0.87%
Trailing 12-Months
Company Description
Calix Inc
Calix, Inc. provides cloud and software platforms, systems and services required to realize the unified access network. The firm offers broadband communications access systems and software for fiber and copper-based network architectures that enable communications service providers to transform their networks and connect to their residential and business subscribers. It enables communication service providers to provide a wide range of revenue-generating services from basic voice and data to advanced broadband services over legacy and next-generation access networks. The firm focuses on communications service providers access networks with the portion of the network, which governs available bandwidth and determines the range and quality of services that can be offered to subscribers. It also develops and sells carrier-class hardware and software products. The company was founded by Michael L. Hatfield and Carl E. Russo in August 1999 and is headquartered in San Jose, CA.
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CALX Earnings Call
Q1 2024
0:00 / 0:00
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CALX Stock 12 Month Forecast
Average Price Target
$38.14
▲(4.87% Upside)
Technical Analysis
Best Analysts Covering CALX
1 Year
1 Year Success Rate
15/22 ratings generated profit
1 Year Average Return
+67.02%
reiterated a buy rating 3 months ago
Copying Tim Savageaux's trades and holding each position for 1 Year would result in 68.18% of your transactions generating a profit, with an average return of +67.02% per trade.
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