financetom
Technology
financetom
/
Technology
/
The Analyst Landscape: 6 Takes On Calix
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
The Analyst Landscape: 6 Takes On Calix
Jul 22, 2024 2:30 PM

In the last three months, 6 analysts have published ratings on Calix , offering a diverse range 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 4 0 2 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 4 0 1 0 0

Analysts have set 12-month price targets for Calix, revealing an average target of $40.83, a high estimate of $45.00, and a low estimate of $30.00. A decline of 8.92% from the prior average price target is evident in the current average.

Breaking Down Analyst Ratings: A Detailed Examination

The perception of Calix by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Samik Chatterjee JP Morgan Raises Neutral $41.00 $28.00
Ryan Koontz Needham Maintains Buy $45.00 $45.00
George Notter Jefferies Lowers Hold $30.00 $48.00
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

Key Insights:

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

Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Calix compared to the broader market.

Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Calix's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Calix's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Calix analyst ratings.

Delving into Calix's Background

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.

Calix: Delving into Financials

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Challenges: Calix's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -9.48%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.

Net Margin: Calix's net margin excels beyond industry benchmarks, reaching 0.05%. 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 0.01%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Calix's ROA excels beyond industry benchmarks, reaching 0.01%. This signifies efficient management of assets and strong financial health.

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.

Understanding the Relevance of Analyst Ratings

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Honeywell price soars - Forecast today - 21-06-2024
Honeywell price soars - Forecast today - 21-06-2024
Jun 21, 2024
Honeywell Internationals stock (HON) kept rising in the intraday levels, after piercing the pivotal resistance of $210.60, amid the dominance of the main upward trend in the short term, with positive support from the 50-day SMA, coupled with positive signals from the RSI despite reaching overbought levels, with a surge in trading volumes. Therefore we expect more gains for the...
Spotify price tries to pierce current resistance - Forecast today - 21-06-2024
Spotify price tries to pierce current resistance - Forecast today - 21-06-2024
Jun 21, 2024
Spotify Technologys stock price (SPOT) returned higher in the intraday levels, tackling the pivotal resistance of $313.16, amid positive pressure from the 50-day SMA, with the dominance of the main upward medium-term trend, coupled with positive signals from the RSI after reaching oversold levels. Therefore we expect more gains for the stock, targeting the first resistance at $340.60, provided the...
Meta price climbs cautiously - Forecast today - 21-06-2024
Meta price climbs cautiously - Forecast today - 21-06-2024
Jun 21, 2024
Meta Platforms stock price (META) inched up in the intraday levels, amid the dominance of the main upward trend, while trading above the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels, in turn hindering gains. Therefore we expect more gains for the stock, targeting the pivotal resistance of $531.50, provided the support of $453.00 holds...
Procter & Gamble driven lower by important resistance - Forecast today - 21-06-2024
Procter & Gamble driven lower by important resistance - Forecast today - 21-06-2024
Jun 21, 2024
Procter Gambles stock price (PG) inched down in the intraday levels, after the important resistance of $169.10 held on, with the stock collecting profits while gathering momentum to rise and pierce that resistance, amid positive support from trading above the 50-day SMA, and with the dominance of the main upward trend as it trades alongside the secondary short-term trend line,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved