NYSE:CALX Calix (CALX) Stock Price, News & Analysis $34.48 -2.39 (-6.48%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$34.48â–Ľ$36.8050-Day Range$33.63â–Ľ$41.1352-Week Range$26.76â–Ľ$47.93Volume472,959 shsAverage Volume795,833 shsMarket Capitalization$2.26 billionP/E Ratio111.23Dividend YieldN/APrice Target$42.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Calix alerts: Email Address Calix MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside23.3% Upside$42.50 Price TargetShort InterestHealthy5.01% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.54Based on 16 Articles This WeekInsider TradingSelling Shares$939,000 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.36) to ($0.03) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.26 out of 5 starsComputer And Technology Sector273rd out of 594 stocksCommunication Services, Not Elsewhere Classified Industry2nd out of 9 stocks 3.3 Analyst's Opinion Consensus RatingCalix has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageCalix has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Calix's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.01% of the float of Calix has been sold short.Short Interest Ratio / Days to CoverCalix has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Calix has recently decreased by 5.77%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldCalix does not currently pay a dividend.Dividend GrowthCalix does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CALX. Previous Next 2.0 News and Social Media Coverage News SentimentCalix has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Calix this week, compared to 5 articles on an average week.Search InterestOnly 2 people have searched for CALX on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Calix to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Calix insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $939,000.00 in company stock.Percentage Held by Insiders16.69% of the stock of Calix is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions98.14% of the stock of Calix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Calix's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Calix are expected to grow in the coming year, from ($0.36) to ($0.03) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Calix is 111.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Calix is 111.23, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 285.44.Price to Book Value per Share RatioCalix has a P/B Ratio of 3.01. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Calix's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Golden CrestBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.>> Get Your FREE Wealth Protection Guide << About Calix Stock (NYSE:CALX)Calix, Inc., together with its subsidiaries, engages in the provision of cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services. The company provides Calix Cloud platform, a role-based analytics platform comprising Calix Engagement Cloud, Calix Service Cloud, and Calix Operations Cloud, which are configurable to display role-based insights and enable BSPs to anticipate and target new revenue-generating services and applications through mobile application, such as CommandIQ for residents and CommandWorx for businesses; Calix Intelligent Access EDGE, an access network solution for automated and intelligent networks; and Calix Revenue EDGE, a premises solution for subscriber managed services. It also offers SmartLife managed services, including SmartHome managed services and applications to enhance, operate and secure the connected experience of subscribers in their home; SmartTown managed services that reimagine community Wi-Fi as a ubiquitous, secure, and managed experience across a BSP's footprint; and SmartBiz managed services that address the business networking and productivity needs of business owners with an all-in-one managed service. In addition, the company provides Wi-Fi systems under GigaSpire and GigaPro brands to be ready for deployment as a complete subscriber experience solution for BSP's residential and business subscribers. It offers its products through its direct sales force and resellers. The company was incorporated in 1999 and is headquartered in San Jose, California.Read More CALX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CALX Stock News HeadlinesAugust 7, 2024 | insidertrades.comCarl Russo Sells 25,000 Shares of Calix, Inc. (NYSE:CALX) StockSeptember 7 at 1:49 AM | americanbankingnews.comCalix, Inc. (NYSE:CALX) Forecasted to Post Q1 2025 Earnings of ($0.06) Per ShareSeptember 7, 2024 | Crypto 101 Media (Ad)Perfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying with both fists. They know it's only a matter of time before another bull run. Now, Crypto Insiders Are Scooping up Lesser-Known Coins and Making Serious BankSeptember 4 at 6:47 AM | americanbankingnews.comQ4 2025 Earnings Forecast for Calix, Inc. (NYSE:CALX) Issued By Roth CapitalSeptember 3, 2024 | americanbankingnews.comCalix, Inc. (NYSE:CALX) Receives $42.50 Average PT from AnalystsSeptember 2, 2024 | americanbankingnews.comShort Interest in Calix, Inc. (NYSE:CALX) Decreases By 5.8%August 29, 2024 | tmcnet.comCalix Expands Wi-Fi Installation Portfolio With a New Field Service App So Service Providers Can Delight Subscribers While Turbocharging GrowthAugust 29, 2024 | finance.yahoo.comCalix Broadband Platform Enables Service Providers to Seamlessly Deploy Wi-Fi 7 for Even More Powerful Home, Business, and Community ExperiencesSeptember 7, 2024 | Crypto 101 Media (Ad)Perfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying with both fists. They know it's only a matter of time before another bull run. Now, Crypto Insiders Are Scooping up Lesser-Known Coins and Making Serious BankAugust 20, 2024 | benzinga.comBeyond The Numbers: 7 Analysts Discuss Calix StockAugust 16, 2024 | tmcnet.comCalix Extends Incredible Outdoor Wi-Fi Range and Performance, Enabling Broadband Providers To Capture $7B Market With SmartLife Managed ServicesAugust 12, 2024 | finance.yahoo.comFormer Vice Chairman of Bell Canada Wade Oosterman Joins Calix Board of DirectorsAugust 1, 2024 | businesswire.comSmithville Differentiates With Outdoor Wi-Fi for Homes and Businesses, Growing Multiple Markets With Calix Managed ServicesJuly 23, 2024 | markets.businessinsider.comMaintaining Buy Rating on Calix: Balancing Near-Term Challenges with Long-Term Growth Prospects and BEAD Program OptimismJuly 23, 2024 | markets.businessinsider.comBuy Recommendation for Calix: High Potential Amidst Mixed Results and Strong Market PositionJuly 23, 2024 | seekingalpha.comCalix, Inc. (CALX) Q2 2024 Earnings Call TranscriptJuly 22, 2024 | msn.comCalix Non-GAAP EPS of $0.09 beats by $0.03, revenue of $198.14M misses by $2.67MJuly 22, 2024 | markets.businessinsider.comThe Analyst Landscape: 6 Takes On CalixSee More Headlines Receive CALX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Calix and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/22/2024Today9/07/2024Next Earnings (Estimated)10/28/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Communication services, not elsewhere classified Sub-IndustryCommunications Equipment Current SymbolNYSE:CALX CUSIP13100M50 CIK1406666 Webwww.calix.com Phone(408) 514-3000Fax707-283-3100Employees1,760Year Founded1999Price Target and Rating Average Stock Price Target$42.50 High Stock Price Target$50.00 Low Stock Price Target$30.00 Potential Upside/Downside+23.3%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.31 Trailing P/E Ratio111.23 Forward P/E RatioN/A P/E GrowthN/ANet Income$29.33 million Net Margins0.52% Pretax Margin0.09% Return on Equity4.17% Return on Assets3.34% Debt Debt-to-Equity RatioN/A Current Ratio4.28 Quick Ratio3.43 Sales & Book Value Annual Sales$953.02 million Price / Sales2.37 Cash Flow$1.49 per share Price / Cash Flow23.18 Book Value$11.46 per share Price / Book3.01Miscellaneous Outstanding Shares65,525,000Free Float54,589,000Market Cap$2.26 billion OptionableOptionable Beta1.74 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Michael Weening (Age 55)CEO, President & Director Comp: $1.86MMr. Cory J. Sindelar (Age 55)CFO & Chief Accounting Officer Comp: $1.1MMr. Shane Todd-Marshall Eleniak (Age 57)Chief Product Officer Comp: $966.01kMr. John Matthew Collins (Age 53)Chief Commercial Operating Officer Comp: $966.01kMr. Jim FanucchiVice President of Investor RelationsMr. Douglas W. McNitt (Age 59)Executive VP, General Counsel & Corporate Secretary Mr. Mark DresslerChief Revenue OfficerMs. Martha GalleyChief Sustainability OfficerMs. Parul KapoorChief Talent & Culture OfficerMr. Jerry CederlundSenior Vice President of Supply Chain OperationsMore ExecutivesKey CompetitorsCienaNYSE:CIENEchoStarNASDAQ:SATSInterDigitalNASDAQ:IDCCViasatNASDAQ:VSATExtreme NetworksNASDAQ:EXTRView All CompetitorsInsiders & InstitutionsAriadne Wealth Management LPBought 1,689 shares on 8/26/2024Ownership: 0.003%Algert Global LLCSold 12,130 shares on 8/16/2024Ownership: 0.051%Creative PlanningBought 14,482 shares on 8/16/2024Ownership: 0.022%Marathon Capital ManagementBought 6,775 shares on 8/15/2024Ownership: 0.138%The Manufacturers Life Insurance Company Bought 857 shares on 8/15/2024Ownership: 0.050%View All Insider TransactionsView All Institutional Transactions CALX Stock Analysis - Frequently Asked Questions How have CALX shares performed this year? Calix's stock was trading at $43.69 at the beginning of 2024. Since then, CALX shares have decreased by 21.1% and is now trading at $34.48. View the best growth stocks for 2024 here. How were Calix's earnings last quarter? Calix, Inc. (NYSE:CALX) announced its quarterly earnings data on Monday, July, 22nd. The communications equipment provider reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.06 by $0.03. The company's revenue for the quarter was down 24.1% compared to the same quarter last year. What is Carl Russo's approval rating as Calix's CEO? 225 employees have rated Calix Chief Executive Officer Carl Russo on Glassdoor.com. Carl Russo has an approval rating of 98% among the company's employees. This puts Carl Russo in the top 20% of approval ratings compared to other CEOs of publicly-traded companies. Does Calix have any subsidiaries? Calix subsidiaries include these companies: Occam Networks Inc., Optical Solutions Inc., Calix Brasil Servicos Ltda., Calix International Inc., Calix Networks UK Ltd., Calix Network Technology Development (Nanjing) Co. Ltd., and CIDC Private Limited. Who are Calix's major shareholders? Top institutional investors of Calix include TD Asset Management Inc (2.92%), Dimensional Fund Advisors LP (2.74%), Bank of New York Mellon Corp (2.24%) and Paradigm Capital Management Inc. NY (2.04%). Insiders that own company stock include Carl Russo, Donald J Listwin, Kevin A Denuccio, Cory Sindelar, Michael Matthews, Kathleen M Crusco, Kira Makagon, J Daniel Plants, Shane Todd Marshall Eleniak and John Matthew Collins. View institutional ownership trends. How do I buy shares of Calix? Shares of CALX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Calix own? Based on aggregate information from My MarketBeat watchlists, some other companies that Calix investors own include Advanced Micro Devices (AMD), Etsy (ETSY), Overstock.com (OSTK), Enphase Energy (ENPH), Micron Technology (MU), NVIDIA (NVDA) and OPKO Health (OPK). This page (NYSE:CALX) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial inde...Golden Crest | SponsoredSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." ...Sasco Gold LLC | SponsoredChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a populat...True Gold Republic | SponsoredThe death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S....Porter & Company | SponsoredMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… ...Paradigm Press | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Calix, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Calix With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
