Calix Inc Stock Today
| CALX Stock | USD 28.03 1.53 5.18% |
Performance0 of 100
| Odds Of DistressLess than 10
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Calix is trading at 28.03 as of the 24th of April 2024; that is -5.18% down since the beginning of the trading day. The stock's open price was 29.56. Calix has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Calix Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 24th of March 2010 | Category Technology | Classification Information Technology |
Calix, Inc., together with its subsidiaries, provides cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. Calix, Inc. was incorporated in 1999 and is headquartered in San Jose, California. The company has 65.4 M outstanding shares of which 3.46 M shares are currently shorted by private and institutional investors with about 2.59 trading days to cover. More on Calix Inc
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Calix Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Calix's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Calix or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Carl Russo | ||||
| Business Concentration | Communications Equipment, Technology Hardware & Equipment, Information Technology, NYSE Composite, Information Technology, Communications Equipment, Software—Application, Technology (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Calix report their recommendations after researching Calix's financial statements, talking to executives and customers, or listening in on Calix's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Calix Inc. The Calix consensus assessment is calculated by taking the average forecast from all of the analysts covering Calix. | |||||
Calix's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Calix's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Calix's financial leverage. It provides some insight into what part of Calix's total assets is financed by creditors.
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Calix Inc (CALX) is traded on New York Stock Exchange in USA. It is located in 2777 Orchard Parkway, San Jose, CA, United States, 95134 and employs 1,760 people. Calix is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Calix's market, we take the total number of its shares issued and multiply it by Calix's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Calix Inc conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 65.4 M outstanding shares of which 3.46 M shares are currently shorted by private and institutional investors with about 2.59 trading days to cover.
Calix Inc currently holds about 234.71 M in cash with 56.25 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.59.
Check Calix Probability Of Bankruptcy
Ownership AllocationCalix Inc retains a total of 65.4 Million outstanding shares. The majority of Calix Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Calix Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Calix. Please pay attention to any change in the institutional holdings of Calix Inc as this could imply that something significant has changed or is about to change at the company. Also note that nearly one million three hundred eight thousand twenty-six invesors are currently shorting Calix expressing very little confidence in its future performance.
Check Calix Ownership Details
Calix Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Calix jumping above the current price in 90 days from now is over 95.27%. The Calix Inc probability density function shows the probability of Calix stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.6523 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Calix will likely underperform. Additionally, calix Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Calix to move above the current price in 90 days from now is over 95.27 (This Calix Inc probability density function shows the probability of Calix Stock to fall within a particular range of prices over 90 days) .
Calix Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Calix that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Calix's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Calix's value.| Instituion | Recorded On | Shares | |
| Artisan Partners Limited Partnership | 2023-12-31 | 1.2 M | |
| Paradigm Capital Management, Inc. | 2023-12-31 | 1.2 M | |
| William Blair Investment Management, Llc | 2023-12-31 | 966.6 K | |
| Td Global Investment Solutions – Td Epoch | 2023-12-31 | 944.4 K | |
| Congress Asset Management Company, Llp | 2023-12-31 | 875.7 K | |
| Kornitzer Capital Management Inc | 2023-12-31 | 823.3 K | |
| Loomis, Sayles & Company Lp | 2023-12-31 | 765.8 K | |
| Northern Trust Corp | 2023-12-31 | 720.8 K | |
| Westfield Capital Management Company, Lp | 2023-12-31 | 681.6 K | |
| Blackrock Inc | 2023-12-31 | 8.7 M | |
| Vanguard Group Inc | 2023-12-31 | 6.4 M |
Calix Historical Income Statement
Calix Inc Income Statement is one of the three primary financial statements used for reporting Calix's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Calix Inc revenue and expense. Calix Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Calix's Total Other Income Expense Net is fairly stable compared to the past year. Net Income is likely to rise to about 30.8 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 19.5 M in 2024. View More FundamentalsCalix Stock Against Markets
Picking the right benchmark for Calix stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Calix stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Calix is critical whether you are bullish or bearish towards Calix Inc at a given time. Please also check how Calix's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Calix without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Calix Corporate Directors
Calix corporate directors refer to members of a Calix board of directors. The board of directors generally takes responsibility for the Calix's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Calix's board members must vote for the resolution. The Calix board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Christopher Bowick | Independent Director | Profile | |
| Kathy Crusco | Independent Director | Profile | |
| Cathy Crusco | Director | Profile | |
| Thomas Pardun | Independent Director | Profile |
How to buy Calix Stock?
Before investing in Calix, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Calix. To buy Calix stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Calix. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Calix stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Calix Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Calix Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Calix Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Calix Stock please use our How to Invest in Calix guide.
Already Invested in Calix Inc?
The danger of trading Calix Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Calix is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Calix. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Calix Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Calix Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Calix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Calix Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Calix Inc Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calix Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Calix Stock analysis
When running Calix's price analysis, check to measure Calix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Calix is operating at the current time. Most of Calix's value examination focuses on studying past and present price action to predict the probability of Calix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Calix's price. Additionally, you may evaluate how the addition of Calix to your portfolios can decrease your overall portfolio volatility.
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Is Calix's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Calix. If investors know Calix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Calix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.99) | Earnings Share 0.42 | Revenue Per Share 15.41 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0093 |
The market value of Calix Inc is measured differently than its book value, which is the value of Calix that is recorded on the company's balance sheet. Investors also form their own opinion of Calix's value that differs from its market value or its book value, called intrinsic value, which is Calix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Calix's market value can be influenced by many factors that don't directly affect Calix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Calix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.