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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 - $47.15
Previous Close$37.31
Volume658.85K
Average Volume (3M)586.82K
Market Cap
$2.38B
Enterprise Value$2.20B
Total Cash (Recent Filing)$261.22M
Total Debt (Recent Filing)$5.86M
Price to Earnings (P/E)615.7
Beta0.87
Next Earnings
Oct 21, 2024EPS Estimate
$0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.06
Shares Outstanding65,800,523
10 Day Avg. Volume417,698
30 Day Avg. Volume586,816
Standard Deviation0.19
R-Squared0.23
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)3.16
Price to Sales (P/S)2.58
Price to Cash Flow (P/CF)27.50
P/FCF Ratio37.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.31
Enterprise Value/Gross Profit4.24
Enterprise Value/Ebitda165.13
Forecast
1Y Price Target
$42.50Price Target Upside17.34% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Calix News
PremiumCompany Announcements
Calix Enhances Board with Wade Oosterman’s Appointment
Bulls Say, Bears Say
Bulls Say
Market ShareCALX dominates share in the rural tier 3 market, and this customer base is beginning to shift from 'early adopter' to the 'early majority' phase.
New SolutionsCALX is seeing strong early success with several of its new solutions which include both new hardware and software features.
Recurring RevenueCALX highlighted the growing success of their recurring revenue software products.
Bears Say
AdoptionTier 2 operators have been slower to embrace the CALX model apart from Brightspeed, Lumos, and a few others.
Revenue PerformanceWeakness in 2Q revenue stemmed primarily from its large- and medium-sized customer segments, collectively down 43% year over year.
Sales Growth2025 year-over-year sales growth is expected to be below CALX's 10-15% target before reaccelerating into the second half of 2025.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
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 $47.15 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 Oct 21, 2024 which is in 32 days.
How were Calix Inc’s earnings last quarter?
Calix Inc released its earnings results on Jul 22, 2024. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.064 by $0.026.
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 $0.09.
How many shares outstanding does Calix Inc have?
Calix Inc has 65,800,520 shares outstanding.
What happened to Calix Inc’s price movement after its last earnings report?
Calix Inc reported an EPS of $0.09 in its last earnings report, beating expectations of $0.064. Following the earnings report the stock price went down -6.285%.
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 29M.
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Calix Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$42.50 (17.34% Upside)
$42.50 (17.34% Upside)
Blogger Sentiment
Neutral
CALX Sentiment 50%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 89.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 7.3%
Last 30 Days ▼ 7.3%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-21.51%
12-Months-Change
Fundamentals
Return on Equity
0.66%
Trailing 12-Months
Asset Growth
-2.53%
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
Q2 2024
0:00 / 0:00
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CALX Stock 12 Month Forecast
Average Price Target
$42.50
▲(17.34% Upside)
Technical Analysis
Best Analysts Covering CALX
1 Year
1 Year Success Rate
15/22 ratings generated profit
1 Year Average Return
+67.10%
reiterated a buy rating 5 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 +67.10% per trade.
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