Recent meaningful negative changes in fundamentals have affected Calix Inc (NYSE: CALX): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Important negative changes in Calix Inc (NYSE: CALX) investment behavior have recently occurred: its longer term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
CALX is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Calix has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Calix has a poor Appreciation Score of 20 and a poor Power Rating of 17, resulting in the Lowest Value Trend Rating.
Recent Price Action
Calix Inc (NYSE: CALX) stock closed at $37.70 on 8/26/24 after a modest gain of 0.4%. However, trading volume in this advance was below average at 73% of normal. The stock has risen 0.7% during the last week but has been weak relative to the market over the last nine months.
Be the first to comment