A share price of Calix Inc [CALX] is currently trading at $40.18, up 8.98%. An important factor to consider is whether the stock is rising or falling in short-term value. The CALX shares have gain 1.59% over the last week, with a monthly amount glided 14.96%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Calix Inc [NYSE: CALX] stock has seen the most recent analyst activity on April 25, 2024, when Jefferies downgraded its rating to a Hold and also revised its price target to $30 from $48. Previously, JP Morgan started tracking the stock with Neutral rating on May 19, 2023, and set its price target to $49. On December 22, 2022, Needham reiterated its Buy rating and revised its price target to $88 on the stock. Rosenblatt started tracking the stock assigning a Buy rating and suggested a price target of $60 on April 12, 2022. Northland Capital upgraded its rating to a Outperform but $45 remained the price target by the analyst firm on April 07, 2022. Loop Capital started tracking with a Buy rating for this stock on February 23, 2022, and assigned it a price target of $70. In a note dated January 28, 2022, Craig Hallum upgraded an Buy rating on this stock.
Calix Inc experienced fluctuations in its stock price throughout the past year between $26.76 and $41.97. Currently, Wall Street analysts expect the stock to reach $45 within the next 12 months. Calix Inc [NYSE: CALX] shares were valued at $40.18 at the most recent close of the market. An investor can expect a potential return of 12.0% based on the average CALX price forecast.
Analyzing the CALX fundamentals
Trailing Twelve Months sales for Calix Inc [NYSE:CALX] were 831.52M which represents -22.14% decline. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.02 and Total Capital is -0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 38.66 points at the first support level, and at 37.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.78, and for the 2nd resistance point, it is at 43.38.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Calix Inc [NYSE:CALX] is 4.46. On the other hand, the Quick Ratio is 3.68, and the Cash Ratio is 0.48. Considering the valuation of this stock, the price to sales ratio is 3.20, the price to book ratio is 3.42.
Transactions by insiders
Recent insider trading involved Russo Carl, Director, that happened on Nov 04 ’24 when 25000.0 shares were sold. Officer, Russo Carl completed a deal on Nov 04 ’24 to buy 25000.0 shares. Meanwhile, Director Russo Carl sold 25000.0 shares on Aug 02 ’24.
