2017 Q4 Sentiment Calix Inc (NYSE:CALX)

May 20, 2018 - By Ellis Scott

Calix, Inc. (NYSE:CALX) Logo

Sentiment for Calix Inc (NYSE:CALX)

Calix Inc (NYSE:CALX) institutional sentiment decreased to 1.03 in Q4 2017. Its down -0.10, from 1.13 in 2017Q3. The ratio turned negative, as 39 funds increased or started new positions, while 38 cut down and sold their stakes in Calix Inc. The funds in our partner’s database now possess: 28.54 million shares, down from 30.17 million shares in 2017Q3. Also, the number of funds holding Calix Inc in their top 10 positions increased from 1 to 2 for an increase of 1. Sold All: 14 Reduced: 24 Increased: 23 New Position: 16.

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 $343.01 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.

The stock increased 0.76% or $0.05 during the last trading session, reaching $6.6. About 134,909 shares traded. Calix, Inc. (NYSE:CALX) has declined 6.25% since May 20, 2017 and is downtrending. It has underperformed by 17.80% the S&P500.

Analysts await Calix, Inc. (NYSE:CALX) to report earnings on August, 14. They expect $-0.07 EPS, up 80.56 % or $0.29 from last year’s $-0.36 per share. After $-0.25 actual EPS reported by Calix, Inc. for the previous quarter, Wall Street now forecasts -72.00 % EPS growth.

Nokomis Capital L.L.C. holds 5.5% of its portfolio in Calix, Inc. for 4.09 million shares. Lapides Asset Management Llc owns 2.97 million shares or 3.84% of their US portfolio. Moreover, Horrell Capital Management Inc. has 2.7% invested in the company for 866,300 shares. The Illinois-based Trigran Investments Inc. has invested 0.64% in the stock. Menta Capital Llc, a California-based fund reported 154,850 shares.

Calix, Inc. (NYSE:CALX) Ratings Coverage

Ratings analysis reveals 100% of Calix’s analysts are positive. Out of 2 Wall Street analysts rating Calix, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $8.5000 while the high is $8.5. The stock’s average target of $8.50 is 28.79% above today’s ($6.6) share price. CALX was included in 3 notes of analysts from February 14, 2018. The firm has “Buy” rating by Drexel Hamilton given on Wednesday, May 9. Northland Capital upgraded the shares of CALX in report on Wednesday, February 14 to “Outperform” rating.

More recent Calix, Inc. (NYSE:CALX) news were published by: Globenewswire.com which released: “Progressive WISP Minnesota WiFi Enables Businesses and Teleworkers to Thrive with Calix Cloud and Mesh …” on May 10, 2018. Also Globenewswire.com published the news titled: “Calix Releases First Quarter 2018 Financial Results” on May 08, 2018. Investingnews.com‘s news article titled: “Calix Delivers on the Promise of Business Transformation, Launching AXOS with SMx on North America’s Most Widely …” with publication date: May 16, 2018 was also an interesting one.

Calix, Inc. (NYSE:CALX) Institutional Positions Chart

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