Somewhat Positive Media Coverage Somewhat Unlikely to Impact Calix (CALX) Stock Price

Media headlines about Calix (NYSE:CALX) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Calix earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave press coverage about the communications equipment provider an impact score of 47.0330034141791 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:

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Several equities research analysts recently weighed in on CALX shares. Drexel Hamilton reaffirmed a “buy” rating and issued a $8.50 price objective on shares of Calix in a report on Wednesday, March 21st. ValuEngine downgraded shares of Calix from a “sell” rating to a “strong sell” rating in a report on Thursday, March 1st. Zacks Investment Research raised shares of Calix from a “sell” rating to a “hold” rating in a report on Tuesday, January 9th. Finally, Northland Securities raised shares of Calix from a “market perform” rating to an “outperform” rating in a report on Wednesday, February 14th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $7.25.



Shares of Calix stock opened at $6.85 on Monday. Calix has a 52 week low of $4.65 and a 52 week high of $7.38. The stock has a market capitalization of $345.20, a price-to-earnings ratio of -4.39 and a beta of 0.64.

Calix (NYSE:CALX) last issued its quarterly earnings results on Tuesday, February 13th. The communications equipment provider reported ($0.21) EPS for the quarter, missing the 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 business had revenue of $137.90 million during the quarter, compared to the consensus estimate of $142.34 million. equities analysts anticipate that Calix will post -0.2 EPS for the current year.

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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.

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