CALX - Calix Inc Stock Price, Fair Value and News

28.24USD+0.21 (+0.75%)Market Closed

Market Summary

USD28.24+0.21

Market Closed

0.75%

CALX Alerts

Big fall in earnings (Y/Y)

CALX Stock Price

View Fullscreen

CALX RSI Chart

CALX Valuation

Market Cap

1.9B

Price/Earnings (Trailing)

96.75

Price/Sales (Trailing)

1.89

EV/EBITDA

Price/Free Cashflow

41.81

CALX Price/Sales (Trailing)

CALX Profitability

Operating Margin

71.48%

EBT Margin

2.34%

Return on Equity

2.67%

Return on Assets

2.15%

Free Cashflow Yield

2.39%

CALX Fundamentals

CALX Revenue

Revenue (TTM)

1.0B

Rev. Growth (Yr)

-9.48%

Rev. Growth (Qtr)

-14.51%

CALX Earnings

Earnings (TTM)

19.8M

Earnings Growth (Yr)

-98.93%

Earnings Growth (Qtr)

101.56%

Breaking Down CALX Revenue

Last 7 days

-3.2%

Last 30 days

-14.5%

Last 90 days

-35.8%

Trailing 12 Months

-38.2%

How does CALX drawdown profile look like?

CALX Financial Health

Current Ratio

3.96

CALX Investor Care

Buy Backs (1Y)

1.09%

Diluted EPS (TTM)

0.28

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.0B	0	0	0
2023	932.9M	991.9M	1.0B	1.0B
2022	702.3M	735.6M	799.7M	867.8M
2021	601.6M	651.3M	673.0M	679.4M
2020	436.7M	455.4M	491.4M	541.2M
2019	431.3M	419.9M	419.7M	424.3M
2018	492.3M	477.8M	463.7M	441.3M
2017	477.9M	496.6M	504.3M	510.4M
2016	414.8M	423.1M	432.0M	458.8M
2015	406.4M	407.6M	414.1M	407.5M
2014	377.9M	381.5M	383.6M	401.2M
2013	342.2M	357.7M	380.0M	382.6M
2012	341.1M	337.4M	333.8M	330.2M
2011	0	0	0	344.7M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Which funds bought or sold CALX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	KLR INVESTMENT ADVISORS, LLC	reduced	-10.28	-132,440	204,585	0.15%
Apr 23, 2024	AMALGAMATED BANK	reduced	-49.95	-1,004,000	615,000	-%
Apr 23, 2024	Louisiana State Employees Retirement System	added	75.76	240,755	961,640	0.02%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	-388	1,326	-%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	sold off	-100	-507,000	-	-%
Apr 23, 2024	FIFTH THIRD BANCORP	reduced	-25.58	-3,271	4,244	-%
Apr 22, 2024	Byrne Asset Management LLC	sold off	-100	-2,168	-	-%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-1.16	-169,491	2,753,040	0.02%
Apr 19, 2024	Cutler Group LLC / CA	unchanged	-	-3,000	6,000	-%
Apr 19, 2024	Maryland State Retirement & Pension System	new	-	624,183	624,183	0.01%

Are Funds Buying or Selling CALX?

Are funds buying CALX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CALX

No. of Funds

CALX Alerts

Big fall in earnings (Y/Y)

Unveiling Calix Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 11, 2024	vanguard group inc	10.11%	6,610,788	SC 13G/A
Feb 14, 2024	alliancebernstein l.p.	8.0%	5,301,947	SC 13G
Feb 13, 2024	russo carl	11.0%	7,269,452	SC 13G/A
Feb 13, 2024	vanguard group inc	9.75%	6,422,915	SC 13G/A
Jan 23, 2024	blackrock inc.	13.2%	8,719,530	SC 13G/A
Feb 13, 2023	russo carl	10.9%	7,254,105	SC 13G/A
Feb 09, 2023	vanguard group inc	8.62%	5,641,459	SC 13G/A
Jan 26, 2023	blackrock inc.	11.9%	7,775,942	SC 13G/A
Jan 20, 2023	blackrock inc.	11.9%	7,775,942	SC 13G/A
Feb 14, 2022	gilder gagnon howe & co llc	4.7%	2,999,795	SC 13G/A

Recent SEC filings of Calix Inc

View All Filings

Date Filed	Form Type	Document
Apr 23, 2024	10-Q	Quarterly Report
Apr 22, 2024	8-K	Current Report
Mar 28, 2024	ARS	ARS
Mar 28, 2024	DEF 14A	DEF 14A
Mar 28, 2024	DEFA14A	DEFA14A
Mar 11, 2024	SC 13G/A	Major Ownership Report
Feb 23, 2024	10-K	Annual Report
Feb 23, 2024	8-K/A	Current Report
Feb 15, 2024	4	Insider Trading
Feb 15, 2024	4	Insider Trading

Peers (Alternatives to Calix Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	267.9B	34.9B	-9.76%	44.85%	64.77	7.69	11.18%	1888.46%
UBER	144.0B	37.3B	-12.69%	134.30%	76.29	3.86	16.95%	120.64%
ADSK	46.0B	5.3B	-17.80%	13.03%	50.15	8.6	9.15%	48.14%
ANSS	28.6B	2.3B	-5.45%	5.08%	57.14	12.6	9.90%	-4.45%
ZM	18.5B	4.5B	-7.59%	-2.22%	29.09	4.1	3.06%	514.65%
MID-CAP
APPF	7.7B	620.4M	-4.68%	73.46%	2.8K	12.4	31.48%	103.97%
LYFT	6.3B	4.4B	-16.29%	64.06%	-18.5	1.43	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.3B	881.7M	-10.14%	39.53%	40.9	3.73	4.64%	44.42%
AI	2.7B	296.4M	-19.15%	26.29%	-9.91	9.08	11.14%	-3.59%
AGYS	2.3B	228.1M	7.49%	5.34%	26.28	10.06	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	195.9M	572.4M	-25.29%	-83.99%	-0.99	0.34	-19.38%	-489.49%
ASUR	183.8M	119.1M	-11.11%	-46.78%	-19.95	1.54	24.27%	36.31%
AEYE	169.3M	31.3M	32.60%	141.33%	-28.84	5.41	4.69%	43.72%

Calix Inc News

Latest updates

Calix Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-14.5%	226	265	264	261	250	245	236	202	185	176	172	169	162	170	151	119	102	120	114	100	89.00
Gross Profit	8.2%	123	113	141	136	128	125	119	100	92.00	91.00	89.00	90.00	86.00	89.00	76.00	56.00	46.00	55.00	50.00	45.00	38.00
Operating Expenses	-0.6%	125	125	125	125	118	112	99.00	90.00	82.00	77.00	72.00	69.00	65.00	64.00	54.00	60.00	52.00	53.00	53.00	50.00	47.00
S&GA Expenses	-3.3%	54.00	56.00	52.00	55.00	52.00	51.00	46.00	41.00	36.00	37.00	31.00	30.00	28.00	29.00	23.00	21.00	21.00	23.00	20.00	20.00	19.00
R&D Expenses	5.0%	44.00	42.00	47.00	45.00	43.00	39.00	33.00	30.00	30.00	26.00	26.00	26.00	24.00	23.00	20.00	21.00	21.00	20.00	21.00	21.00	19.00
EBITDA Margin	-19.4%	0.04*	0.05*	0.07*	0.08*	0.08*	0.08*	0.09*	0.09*	0.11*	0.13*	0.15*	0.16*	-	-	-	-	-	-	-	-	-
Income Taxes	115.1%	0.00	-2.42	1.00	5.00	2.00	2.00	7.00	2.00	2.00	-6.10	-159	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	0.00	0.00
Earnings Before Taxes	105.2%	0.00	-9.02	18.00	14.00	11.00	14.00	20.00	10.00	10.00	14.00	17.00	21.00	21.00	24.00	21.00	-4.06	-6.61	1.00	-2.77	-4.95	-9.61
EBT Margin	-29.9%	0.02*	0.03*	0.06*	0.06*	0.06*	0.06*	0.07*	0.07*	0.09*	0.11*	0.12*	0.13*	-	-	-	-	-	-	-	-	-
Net Income	101.6%	0.00	-6.60	17.00	9.00	10.00	12.00	13.00	8.00	8.00	20.00	177	20.00	21.00	24.00	21.00	-4.21	-6.94	0.00	-3.38	-5.04	-9.77
Net Income Margin	-30.8%	0.02*	0.03*	0.05*	0.04*	0.05*	0.05*	0.06*	0.29*	0.32*	0.35*	0.36*	0.13*	-	-	-	-	-	-	-	-	-
Free Cashflow	0.3%	11.00	11.00	12.00	12.00	3.00	1.00	3.00	4.00	4.00	9.00	7.00	22.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.0%	923	942	927	942	915	885	867	793	775	742	696	508	468	427	385	321	324	317	317	311	318
Current Assets	-3.2%	579	598	588	599	576	547	535	461	440	409	375	351	310	267	225	158	156	144	142	148	157
Cash Equivalents	39.4%	88.00	63.00	136	90.00	94.00	79.00	75.00	52.00	44.00	51.00	60.00	59.00	86.00	81.00	64.00	51.00	47.00	47.00	38.00	36.00	45.00
Inventory	-9.9%	120	133	150	153	157	149	141	98.00	105	89.00	75.00	77.00	72.00	52.00	42.00	37.00	31.00	40.00	46.00	45.00	47.00
Net PPE	-2.0%	29.00	29.00	29.00	29.00	27.00	26.00	24.00	22.00	22.00	22.00	21.00	20.00	20.00	20.00	20.00	21.00	20.00	22.00	28.00	29.00	26.00
Goodwill	0%	116	116	116	116	116	116	116	116	116	116	116	116	116	116	116	116	116	116	116	116	116
Liabilities	-19.2%	180	223	176	200	197	205	219	176	183	174	160	162	153	147	138	162	173	163	170	164	172
Current Liabilities	-22.2%	146	188	139	162	161	165	181	131	142	128	117	118	109	101	93.00	117	128	115	124	129	135
Shareholder's Equity	3.3%	743	719	751	742	718	680	648	617	592	568	536	346	315	280	248	159	151	154	146	147	146
Retained Earnings	0.0%	-360	-360	-353	-370	-380	-389	-401	-415	-422	-430	-450	-628	-648	-669	-693	-713	-709	-702	-703	-699	-694
Additional Paid-In Capital	2.2%	1,102	1,078	1,104	1,112	1,098	1,070	1,051	1,033	1,014	998	985	972	962	948	940	912	900	896	889	886	879
Shares Outstanding	0.7%	66.00	65.00	66.00	66.00	66.00	66.00	65.00	65.00	64.00	63.00	63.00	63.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	2,926	-	-	-	2,002	-	-	-	2,532	-	-	-	679	-	-	-	303	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-1.6%	14,691	14,924	15,751	17,464	8,112	6,105	6,714	6,999	7,365	12,618	10,818	23,459	9,898	30,473	17,001	2,686	1,249	620	7,285	-2,878	-373
Share Based Compensation	-35.1%	16,856	25,966	2,800	4,500	16,220	20,942	2,900	2,900	10,467	10,717	1,900	1,900	5,171	7,118	400	500	2,984	2,705	400	2,569	3,145
Cashflow From Investing	107.3%	3,281	-44,729	57,256	-15,494	-3,278	-6,867	10,485	-7,554	-20,146	-27,881	-14,575	-54,739	-13,466	-15,198	-41,123	-2,751	-1,729	-969	-2,846	-4,499	-5,039
Cashflow From Financing	116.6%	7,076	-42,616	-27,506	-6,026	10,222	4,560	6,608	8,009	5,886	6,342	5,416	3,986	8,639	614	37,027	4,426	80.00	9,356	-1,445	-1,550	-390
Buy Backs	-91.5%	3,738	43,988	32,409	8,817	1,183	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

CALX Income Statement

2024-03-30

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Income Statement [Abstract]
Revenue	$ 226,310	$ 250,008
Cost of revenue	103,733	121,957
Gross profit	122,577	128,051
Operating expenses:
Sales and marketing	53,897	51,865
Research and development	44,422	43,173
General and administrative	26,290	23,077
Total operating expenses	124,609	118,115
Operating income (loss)	(2,032)	9,936
Interest income and other expense, net:
Interest income, net	2,635	1,640
Other expense, net	(135)	(167)
Total interest income and other expense, net	2,500	1,473
Income before income taxes	468	11,409
Income taxes	365	1,811
Net income	$ 103	$ 9,598
Net income per common share:
Basic (in dollars per share)	$ 0.00	$ 0.15
Diluted (in dollars per share)	$ 0.00	$ 0.14
Weighted-average number of shares used to compute net income per common share:
Basic (in shares)	65,338	66,044
Diluted (in shares)	68,119	69,708
Net income	$ 103	$ 9,598
Other comprehensive income (loss), net of tax:
Unrealized gain (loss) on available-for-sale marketable securities, net	(212)	1,064
Foreign currency translation adjustments, net	(112)	102
Total other comprehensive income (loss), net of tax	(324)	1,166
Comprehensive income (loss)	$ (221)	$ 10,764

CALX Balance Sheet

2024-03-30

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 88,418	$ 63,409
Marketable securities	151,064	156,937
Accounts receivable, net	100,307	126,027
Inventory	119,782	132,985
Prepaid expenses and other current assets	119,214	118,598
Total current assets	578,785	597,956
Property and equipment, net	28,876	29,461
Right-of-use operating leases	9,065	9,262
Deferred tax assets	170,213	167,691
Goodwill	116,175	116,175
Other assets	19,674	21,320
Total assets	922,788	941,865
Current liabilities:
Accounts payable	19,026	34,746
Accrued liabilities	87,605	116,227
Deferred revenue	39,448	36,669
Total current liabilities	146,079	187,642
Long-term portion of deferred revenue	24,434	24,864
Operating leases	6,925	7,421
Other long-term liabilities	2,657	2,956
Total liabilities	180,095	222,883
Commitments and contingencies (See Note 6)
Stockholders’ equity:
Preferred stock, $0.025 par value; 5,000 shares authorized; no shares issued and outstanding as of March 30, 2024 and December 31, 2023	0	0
Common stock, $0.025 par value; 100,000 shares authorized; 65,525 shares issued and outstanding as of March 30, 2024, and 65,052 shares issued and outstanding as of December 31, 2023	1,638	1,627
Additional paid-in capital	1,102,314	1,078,393
Accumulated other comprehensive loss	(983)	(659)
Accumulated deficit	(360,276)	(360,379)
Total stockholders’ equity	742,693	718,982
Total liabilities and stockholders’ equity	$ 922,788	$ 941,865

About Calix Inc

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. The company's cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services. It provides Calix Cloud platform, a role-based analytics platform comprising Calix Marketing Cloud, Calix Support Cloud, and Calix Operations Cloud, which are configurable to display role-based insights and enable BSPs to anticipate and target new revenue-generating services and applications through mobile application. The company also offers EXOS, an experience innovation platform component and fully integrated with its GigaSpire and GigaPro family of systems to be ready for deployment as a complete subscriber experience solutions for BSP's residential and business subscribers; and AXOS, a software platform to access edge of the network by its architecture and operations. It offers its products through its direct sales force and resellers. The company was incorporated in 1999 and is headquartered in San Jose, California.

CEO	Mr. Michael Weening
WEBSITE	calix.com
INDUSTRY	Software - Apps
EMPLOYEES	1426

Calix Inc Frequently Asked Questions

What is the ticker symbol for Calix Inc? What does CALX stand for in stocks?

CALX is the stock ticker symbol of Calix Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Calix Inc (CALX)?

As of Wed Apr 24 2024, market cap of Calix Inc is 1.92 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CALX stock?

You can check CALX's fair value in chart for subscribers.

What is the fair value of CALX stock?

You can check CALX's fair value in chart for subscribers. The fair value of Calix Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Calix Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CALX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Calix Inc a good stock to buy?

The fair value guage provides a quick view whether CALX is over valued or under valued. Whether Calix Inc is cheap or expensive depends on the assumptions which impact Calix Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CALX.

What is Calix Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, CALX's PE ratio (Price to Earnings) is 96.75 and Price to Sales (PS) ratio is 1.89. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CALX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Calix Inc's stock?

In the past 10 years, Calix Inc has provided 0.121 (multiply by 100 for percentage) rate of return.