Press coverage about Calix (NYSE:CALX) has been trending positive on Wednesday, according to Accern. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Calix earned a coverage optimism score of 0.30 on Accern’s scale. Accern also gave press coverage about the communications equipment provider an impact score of 45.5344759640085 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

A number of research firms have weighed in on CALX. BidaskClub downgraded Calix from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. ValuEngine upgraded shares of Calix from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Finally, Zacks Investment Research cut shares of Calix from a “hold” rating to a “sell” rating in a research note on Monday, November 13th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $6.50.

Calix (CALX) opened at $6.20 on Wednesday. Calix has a one year low of $4.65 and a one year high of $7.75. The stock has a market cap of $307.41, a P/E ratio of -3.80 and a beta of 0.72.

Calix (NYSE:CALX) last posted its earnings results on Tuesday, November 7th. The communications equipment provider reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.04). Calix had a negative net margin of 16.19% and a negative return on equity of 43.76%. The firm had revenue of $128.80 million during the quarter, compared to the consensus estimate of $127.92 million. During the same quarter last year, the firm posted $0.12 EPS. The business’s revenue was up 6.3% on a year-over-year basis. equities analysts expect that Calix will post -1.53 earnings per share for the current fiscal year.

In other news, CFO Cory Sindelar bought 5,974 shares of the business’s stock in a transaction dated Tuesday, November 28th. The stock was bought at an average price of $6.95 per share, for a total transaction of $41,519.30. Following the completion of the purchase, the chief financial officer now owns 15,000 shares of the company’s stock, valued at approximately $104,250. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 16.50% of the company’s stock.

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About Calix

Calix, Inc provides broadband communications access systems and software for fiber- and copper-based network architectures that enable communications service providers (CSPs), to transform their networks and connect to their residential and business subscribers. The Company enables CSPs to provide various services, from basic voice and data to advanced broadband services, over legacy and next-generation access networks.

Insider Buying and Selling by Quarter for Calix (NYSE:CALX)

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