Calix (CALX) Earns Daily News Impact Rating of 0.12

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Media stories about Calix (NYSE:CALX) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Calix earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the communications equipment provider an impact score of 45.9245486137916 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

NYSE:CALX traded down $0.08 during trading hours on Friday, reaching $7.82. The company had a trading volume of 3,619 shares, compared to its average volume of 210,086. The stock has a market capitalization of $415.77 million, a price-to-earnings ratio of -5.03 and a beta of 0.58. Calix has a twelve month low of $4.65 and a twelve month high of $8.00.

Calix (NYSE:CALX) last issued its quarterly earnings data on Tuesday, May 8th. The communications equipment provider reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.02). The business had revenue of $99.40 million for the quarter, compared to analyst estimates of $103.70 million. Calix had a negative net margin of 12.48% and a negative return on equity of 39.60%. research analysts forecast that Calix will post -0.19 EPS for the current year.

A number of research firms have commented on CALX. Zacks Investment Research upgraded shares of Calix from a “hold” rating to a “buy” rating and set a $8.00 price target for the company in a report on Friday, March 16th. ValuEngine cut shares of Calix from a “hold” rating to a “sell” rating in a report on Thursday, April 26th. Finally, Drexel Hamilton restated a “buy” rating and issued a $9.00 price target on shares of Calix in a report on Wednesday, May 9th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $7.38.

In other Calix news, Director J Daniel Plants acquired 139,250 shares of Calix stock in a transaction dated Friday, May 11th. The stock was purchased at an average cost of $6.39 per share, for a total transaction of $889,807.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 18.28% of the stock is owned by company insiders.

About Calix

Calix, Inc, together with its subsidiaries, develops, markets, and sells software platforms, systems, and software for fiber- and copper-based network architectures that enable communications service providers (CSPs) to access networks. Its portfolio consists of E-Series access systems and nodes, B-Series access nodes, C-Series multiservice access system, and P-Series optical network terminals and residential gateways.

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

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