Calix (CALX) Receives News Impact Rating of 0.20

Media coverage about Calix (NYSE:CALX) has been trending somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Calix earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media coverage about the communications equipment provider an impact score of 46.966003454019 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Here are some of the news headlines that may have impacted Accern’s analysis:

A number of equities research analysts have issued reports on the company. Zacks Investment Research lowered Calix from a “buy” rating to a “hold” rating in a research report on Monday. Drexel Hamilton reiterated a “buy” rating and issued a $8.50 price objective on shares of Calix in a report on Wednesday. ValuEngine upgraded Calix from a “sell” rating to a “hold” rating in a research note on Sunday, December 31st. Finally, Northland Securities raised Calix from a “market perform” rating to an “outperform” rating in a research report on Wednesday, February 14th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. Calix presently has an average rating of “Hold” and an average target price of $7.38.

Shares of CALX stock remained flat at $$6.80 during trading hours on Wednesday. 170,901 shares of the company’s stock traded hands, compared to its average volume of 260,438. Calix has a twelve month low of $4.65 and a twelve month high of $7.40. The firm has a market cap of $345.20, a PE ratio of -4.13 and a beta of 0.66.

Calix (NYSE:CALX) last issued its quarterly earnings data on Tuesday, February 13th. The communications equipment provider reported ($0.21) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.02). Calix had a negative return on equity of 48.53% and a negative net margin of 16.27%. The company had revenue of $137.90 million for the quarter, compared to analyst estimates of $142.34 million. sell-side analysts predict that Calix will post -0.2 EPS for the current year.

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Calix Company Profile

Calix, Inc provides broadband communications access systems and software for fiber- and copper-based network architectures that enable communications service providers (CSPs), to transform their networks and connect to their residential and business subscribers. The Company enables CSPs to provide various services, from basic voice and data to advanced broadband services, over legacy and next-generation access networks.

Insider Buying and Selling by Quarter for Calix (NYSE:CALX)

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