For its first fiscal quarter (ending March 31), Calix Inc (NYSE: CALX) has reported E.P.S. of $0.00 compared to $0.15 a year ago. E.P.S. were $0.30 for the latest four quarters through March 31 versus $0.66 for the same period a year ago.
Recent Price Action
On 4/22/24, Calix Inc (NYSE: CALX) stock rose modestly by 1.0%, closing at $29.56. Moreover, trading volume in this advance was above average at 140% of normal. Relative to the market the stock has been weak over the last nine months and has declined -2.4% during the last week.
Current PriceTarget Research Rating
CALX’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Calix has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Calix has a neutral Appreciation Score of 43 but a very low Power Rating of 9, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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