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Calix Inc (CALX)
NYSE:CALX
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CALX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$26.76 - $45.15
Previous Close$33.23
Volume768.37K
Average Volume (3M)644.34K
Market Cap
$2.20B
Enterprise Value$1.92B
Total Cash (Recent Filing)$287.58M
Total Debt (Recent Filing)$4.79M
Price to Earnings (P/E)―
Beta1.04
Next Earnings
Jan 22, 2025EPS Estimate
$0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.24
Shares Outstanding66,315,965
10 Day Avg. Volume1,530,366
30 Day Avg. Volume644,342
Standard Deviation0.19
R-Squared0.23
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)2.59
Price to Sales (P/S)2.41
Price to Cash Flow (P/CF)33.50
P/FCF Ratio42.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.16
Enterprise Value/Gross Profit3.71
Enterprise Value/Ebitda-278.96
Forecast
1Y Price Target
$46.00Price Target Upside36.30% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Calix News
Bulls Say, Bears Say
Bulls Say
Market PositionCALX is uniquely positioned to benefit from the rural fiber build due to low competitive concerns and a focus on fiber deployments.
Product SuccessCALX is seeing strong early success with several of its new solutions which include both new hardware and software features.
Revenue GrowthManagement highlighted improving engagements with large and medium customers as a potential for revenue growth.
Bears Say
Adoption HesitationTier 2 operators have been hesitant to adopt the CALX model, with only a few companies like Brightspeed and Lumos showing interest.
Customer Cohort ChallengesLarger customer cohort weakness is linked to companies like Verizon and Brightspeed, with potential for ongoing issues due to economic pressures.
Revenue DeclineContinued weakness in revenue is primarily driven by a significant decrease in sales from large and medium-sized customer segments.
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Ownership Overview
11.56% Insiders
26.51% Mutual Funds
― Other Institutional Investors
31.73% 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 $45.15 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 Jan 22, 2025 which is in 57 days.
How were Calix Inc’s earnings last quarter?
Calix Inc released its earnings results on Oct 28, 2024. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.04.
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 $0.07.
How many shares outstanding does Calix Inc have?
Calix Inc has 66,315,960 shares outstanding.
What happened to Calix Inc’s price movement after its last earnings report?
Calix Inc reported an EPS of $0.13 in its last earnings report, beating expectations of $0.09. Following the earnings report the stock price went down -4.383%.
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 37M.
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Calix Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$46.00 (36.30% Upside)
$46.00 (36.30% Upside)
Blogger Sentiment
Bearish
CALX Sentiment 60%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 724.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.3%
Last 30 Days ▲ 10.0%
Last 30 Days ▲ 10.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-12.36%
12-Months-Change
Fundamentals
Return on Equity
-2.09%
Trailing 12-Months
Asset Growth
1.17%
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
Q3 2024
0:00 / 0:00
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CALX Stock 12 Month Forecast
Average Price Target
$46.00
▲(36.30% Upside)
Technical Analysis
Best Analysts Covering CALX
1 Year
1 Year Success Rate
15/23 ratings generated profit
1 Year Average Return
+63.21%
reiterated a buy rating 28 days ago
Copying Tim Savageaux's trades and holding each position for 1 Year would result in 65.22% of your transactions generating a profit, with an average return of +63.21% per trade.
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