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9 Analysts Have This To Say About Calix
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9 Analysts Have This To Say About Calix
Apr 24, 2024 11:34 AM

In the preceding three months, 9 analysts have released ratings for Calix , presenting a wide array of perspectives from bullish to bearish.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 9 0 0 0 0
Last 30D 3 0 0 0 0
1M Ago 4 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 2 0 0 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $45.44, a high estimate of $50.00, and a low estimate of $35.00. A 10.6% drop is evident in the current average compared to the previous average price target of $50.83.

Breaking Down Analyst Ratings: A Detailed Examination

A comprehensive examination of how financial experts perceive Calix is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Christian Schwab Craig-Hallum Lowers Buy $41.00 $48.00
Scott Searle Roth MKM Lowers Buy $43.00 $50.00
Ryan Koontz Needham Lowers Buy $45.00 $50.00
Mike Genovese Rosenblatt Lowers Buy $35.00 $45.00
Ryan Koontz Needham Maintains Buy $50.00 -
Scott Searle Roth MKM Maintains Buy $50.00 -
Ryan Koontz Needham Maintains Buy $50.00 -
Ryan Koontz Needham Lowers Buy $50.00 $55.00
Mike Genovese Rosenblatt Lowers Buy $45.00 $57.00

Key Insights:

Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Calix. This information offers a snapshot of how analysts perceive the current state of the company.

Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Calix compared to the broader market.

Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Calix's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Calix analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Get to Know Calix Better

Calix Inc ( CALX ) develops, market and sell Calix cloud, systems and software platforms to enable service providers of all types and sizes to innovate and transform. The company's customers utilize the real-time data and insights from Calix platforms to simplify their business and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty and revenue creates more value for their businesses and communities. The Company's revenue is principally derived in the United States and it also has its presence in Middle East & Africa, Europe, Asia Pacific and other markets.

Key Indicators: Calix's Financial Health

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Over the 3 months period, Calix showcased positive performance, achieving a revenue growth rate of 8.27% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Calix's net margin excels beyond industry benchmarks, reaching -2.49%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -0.9%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Calix's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.71%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: With a below-average debt-to-equity ratio of 0.02, Calix adopts a prudent financial strategy, indicating a balanced approach to debt management.

What Are Analyst Ratings?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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