Is Calix, Inc. (CALX) a Buy? The Stock Rises Again

March 14, 2018 - By Vivian Currie

Investors sentiment decreased to 1.13 in 2017 Q3. Its down 0.02, from 1.15 in 2017Q2. It dropped, as 9 investors sold Calix, Inc. shares while 23 reduced holdings. 13 funds opened positions while 23 raised stakes. 30.17 million shares or 1.85% less from 30.74 million shares in 2017Q2 were reported.
Lapides Asset Management Ltd Limited Liability Company stated it has 3.36% of its portfolio in Calix, Inc. (NYSE:CALX). State Street Corporation accumulated 791,714 shares or 0% of the stock. Thompson Davis & Commerce accumulated 2 shares. Parametric Port Associates Limited holds 0% or 24,571 shares. State Common Retirement Fund has invested 0% in Calix, Inc. (NYSE:CALX). Alliancebernstein Limited Partnership holds 0% of its portfolio in Calix, Inc. (NYSE:CALX) for 31,950 shares. Fmr Ltd has 0% invested in Calix, Inc. (NYSE:CALX). Manufacturers Life Insurance The stated it has 38,495 shares. Swiss Bank holds 78,700 shares. The California-based Whittier Trust Communication has invested 0% in Calix, Inc. (NYSE:CALX). Moreover, First Midwest Financial Bank Tru Division has 0.05% invested in Calix, Inc. (NYSE:CALX) for 76,110 shares. Northern Tru invested 0% in Calix, Inc. (NYSE:CALX). Glob X Management Ltd has 6,179 shares for 0% of their portfolio. Tower Research Lc (Trc) has 22,790 shares. Credit Suisse Ag reported 55,595 shares.

The stock of Calix, Inc. (NYSE:CALX) is a huge mover today! The stock increased 5.07% or $0.35 during the last trading session, reaching $7.25. About 532,774 shares traded or 105.28% up from the average. Calix, Inc. (NYSE:CALX) has risen 5.89% since March 14, 2017 and is uptrending. It has underperformed by 10.81% the S&P500.
The move comes after 8 months positive chart setup for the $365.36 million company. It was reported on Mar, 14 by We have $7.61 PT which if reached, will make NYSE:CALX worth $18.27M more.

Analysts await Calix, Inc. (NYSE:CALX) to report earnings on May, 8. They expect $-0.24 EPS, up 62.50 % or $0.40 from last year’s $-0.64 per share. After $-0.21 actual EPS reported by Calix, Inc. for the previous quarter, Wall Street now forecasts 14.29 % negative EPS growth.

Calix, Inc. (NYSE:CALX) Ratings Coverage

Among 6 analysts covering Calix Inc. (NYSE:CALX), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Calix Inc. had 16 analyst reports since September 30, 2015 according to SRatingsIntel. Northland Capital maintained the stock with “Hold” rating in Monday, August 7 report. The rating was maintained by Northland Capital on Monday, October 23 with “Hold”. Stifel Nicolaus upgraded the shares of CALX in report on Friday, January 8 to “Buy” rating. Northland Capital initiated it with “Outperform” rating and $10 target in Wednesday, September 30 report. The firm has “Hold” rating by Jefferies given on Monday, June 26. Jefferies maintained the shares of CALX in report on Friday, March 24 with “Hold” rating. The stock of Calix, Inc. (NYSE:CALX) has “Hold” rating given on Friday, October 30 by Jefferies. The stock of Calix, Inc. (NYSE:CALX) earned “Buy” rating by Drexel Hamilton on Friday, December 18. The stock of Calix, Inc. (NYSE:CALX) earned “Hold” rating by Jefferies on Wednesday, October 4. The stock of Calix, Inc. (NYSE:CALX) has “Hold” rating given on Tuesday, August 8 by Jefferies.

More notable recent Calix, Inc. (NYSE:CALX) news were published by: which released: “Emily Cooperative Telephone Company Selects Calix AXOS to Deliver Always-On …” on February 22, 2018, also with their article: “Fiber Innovator SandyNet Delivers Next Generation Gigabit Experience with …” published on March 08, 2018, published: “Gibson EMC Launches Next Generation Gigabit Services with Calix AXOS E7-2 GPON …” on March 07, 2018. More interesting news about Calix, Inc. (NYSE:CALX) were released by: and their article: “Dan Plants, Investor and Veteran Advisor to Public Companies, Joins Calix …” published on March 14, 2018 as well as‘s news article titled: “Calix Reports Fourth Quarter and Full Year 2017 Financial Results” with publication date: February 13, 2018.

Calix, Inc., together with its subsidiaries, develops, markets, and sells broadband communications access platforms, systems, and software for fiber- and copper network architectures that enable communications service providers to transform networks and connect to residential and business subscribers. The company has market cap of $365.36 million. The firm develops and sells carrier-class hardware and cloud products to enhance and transform CSP access networks to meet the demands of subscribers. It currently has negative earnings. The Company’s portfolio consists of three core systems and/or nodes: E-Series access systems and nodes, B6 access nodes, and the C7 multiservice, multiprotocol access system.

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