For its third fiscal quarter (ending September 30), Calix Inc (NYSE: CALX) has reported a -123% decline in E.P.S. from $0.26 a year ago to $-0.06 in the current quarter. For the latest four quarters through September 30, E.P.S. were $-0.28 versus $0.72 for the same period a year ago — a decline of -139%.
Recent Price Action
Calix Inc (NYSE: CALX) stock enjoyed a large increase of 3.8% on 10/28/24. The stock closed at $39.47. Moreover, exceptionally high trading volume at 203% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 0.9% during the last week.
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 D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Calix has a poor Appreciation Score of 19 but a slightly positive Power Rating of 66, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment