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The closing price of Calix Inc (NYSE: CALX) was $30.42 for the day, down -5.97% from the previous closing price of $32.35. In other words, the price has decreased by -$5.97 from its previous closing price. On the day, 1.32 million shares were traded. CALX stock price reached its highest trading level at $32.12 during the session, while it also had its lowest trading level at $30.02.
Ratios:
Our analysis of CALX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.49. For the most recent quarter (mrq), Quick Ratio is recorded 3.73 and its Current Ratio is at 4.50. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on April 25, 2024, Downgraded its rating to Hold and sets its target price to $30 from $48 previously.
On May 19, 2023, JP Morgan started tracking the stock assigning a Neutral rating and target price of $49.
Needham reiterated its Buy rating for the stock on December 22, 2022, while the target price for the stock was revised from $82 to $88.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 04 ’24 when Russo Carl sold 25,000 shares for $35.42 per share. The transaction valued at 885,500 led to the insider holds 2,189,188 shares of the business.
Russo Carl bought 25,000 shares of CALX for $884,139 on Nov 04 ’24. On Aug 02 ’24, another insider, Russo Carl, who serves as the Director of the company, sold 25,000 shares for $37.56 each. As a result, the insider received 939,057 and left with 3,723,381 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CALX now has a Market Capitalization of 2145321856 and an Enterprise Value of 1738916608. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.27 while its Price-to-Book (P/B) ratio in mrq is 2.59. Its current Enterprise Value per Revenue stands at 1.954 whereas that against EBITDA is -101.572.
Stock Price History:
Over the past 52 weeks, CALX has reached a high of $45.15, while it has fallen to a 52-week low of $26.76. The 50-Day Moving Average of the stock is -16.40%, while the 200-Day Moving Average is calculated to be -12.45%.
Shares Statistics:
CALX traded an average of 610.60K shares per day over the past three months and 1530360 shares per day over the past ten days. A total of 65.05M shares are outstanding, with a floating share count of 59.19M. Insiders hold about 10.75% of the company’s shares, while institutions hold 86.53% stake in the company. Shares short for CALX as of 1730332800 were 2332856 with a Short Ratio of 3.82, compared to 1727654400 on 2489740. Therefore, it implies a Short% of Shares Outstanding of 2332856 and a Short% of Float of 5.33.
