Loading...

Calix

NYSE:CALX
Snowflake Description

Excellent balance sheet with concerning outlook.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CALX
NYSE
$348M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Calix, Inc., together with its subsidiaries, provides cloud and software platforms, systems and services required to deliver the unified access network. The last earnings update was 49 days ago. More info.


Add to Portfolio Compare Print
  • Calix has significant price volatility in the past 3 months.
CALX Share Price and Events
7 Day Returns
4.4%
NYSE:CALX
-1.7%
US Communications
0.1%
US Market
1 Year Returns
-19.9%
NYSE:CALX
13.9%
US Communications
1.2%
US Market
CALX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Calix (CALX) 4.4% -1.8% -19.8% -19.9% -7.5% -17.1%
US Communications -1.7% -1.2% 0.2% 13.9% 73.3% 85.7%
US Market 0.1% 0.6% 0.9% 1.2% 36.7% 37.9%
1 Year Return vs Industry and Market
  • CALX underperformed the Communications industry which returned 13.9% over the past year.
  • CALX underperformed the Market in United States of America which returned 1.2% over the past year.
Price Volatility
CALX
Industry
5yr Volatility vs Market

CALX Value

 Is Calix undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Calix. This is due to cash flow or dividend data being unavailable. The share price is $6.41.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Calix's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Calix's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:CALX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-30) in USD $-0.33
NYSE:CALX Share Price ** NYSE (2019-06-18) in USD $6.41
United States of America Communications Industry PE Ratio Median Figure of 36 Publicly-Listed Communications Companies 27.62x
United States of America Market PE Ratio Median Figure of 3,092 Publicly-Listed Companies 17.63x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Calix.

NYSE:CALX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:CALX Share Price ÷ EPS (both in USD)

= 6.41 ÷ -0.33

-19.69x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Calix is loss making, we can't compare its value to the US Communications industry average.
  • Calix is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Calix's expected growth come at a high price?
Raw Data
NYSE:CALX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -19.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
Not available
United States of America Communications Industry PEG Ratio Median Figure of 21 Publicly-Listed Communications Companies 1.19x
United States of America Market PEG Ratio Median Figure of 2,126 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Calix, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Calix's assets?
Raw Data
NYSE:CALX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-30) in USD $2.69
NYSE:CALX Share Price * NYSE (2019-06-18) in USD $6.41
United States of America Communications Industry PB Ratio Median Figure of 70 Publicly-Listed Communications Companies 1.85x
United States of America Market PB Ratio Median Figure of 5,244 Publicly-Listed Companies 1.79x
NYSE:CALX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:CALX Share Price ÷ Book Value per Share (both in USD)

= 6.41 ÷ 2.69

2.38x

* Primary Listing of Calix.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Calix is overvalued based on assets compared to the US Communications industry average.
X
Value checks
We assess Calix's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
  5. Calix has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CALX Future Performance

 How is Calix expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.7%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Calix expected to grow at an attractive rate?
  • Unable to compare Calix's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Calix's earnings growth to the United States of America market average as no estimate data is available.
  • Calix's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:CALX Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:CALX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 9.7%
United States of America Communications Industry Earnings Growth Rate Market Cap Weighted Average 15.9%
United States of America Communications Industry Revenue Growth Rate Market Cap Weighted Average 5.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:CALX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:CALX Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 546 1
2020-12-31 493 3
2019-12-31 440 4
NYSE:CALX Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-30 431 9 -17
2018-12-31 441 4 -19
2018-09-29 464 -29 -27
2018-06-30 478 -44 -45
2018-03-31 492 -45 -61
2017-12-31 510 -63 -83
2017-09-30 504 -9 -82
2017-07-01 497 -2 -63
2017-04-01 478 -4 -50
2016-12-31 459 24 -27
2016-09-24 432 1 -25
2016-06-25 423 7 -25

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Calix is high growth as no earnings estimate data is available.
  • Calix's revenue is expected to grow by 9.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:CALX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Calix Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:CALX Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
NYSE:CALX Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-30 -0.33
2018-12-31 -0.37
2018-09-29 -0.51
2018-06-30 -0.88
2018-03-31 -1.21
2017-12-31 -1.66
2017-09-30 -1.64
2017-07-01 -1.28
2017-04-01 -1.02
2016-12-31 -0.56
2016-09-24 -0.52
2016-06-25 -0.51

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Calix will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Calix's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Calix has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CALX Past Performance

  How has Calix performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Calix's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Calix does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Calix's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Calix's 1-year growth to the US Communications industry average as it is not currently profitable.
Earnings and Revenue History
Calix's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Calix Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:CALX Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-30 431.27 -17.33 126.06 83.76
2018-12-31 441.32 -19.30 126.93 89.96
2018-09-29 463.70 -26.59 124.29 96.90
2018-06-30 477.83 -45.25 121.73 108.42
2018-03-31 492.25 -61.44 118.97 119.27
2017-12-31 510.37 -83.03 122.66 127.54
2017-09-30 504.27 -81.65 122.94 130.34
2017-07-01 496.63 -63.16 123.58 125.82
2017-04-01 477.93 -50.00 123.41 117.90
2016-12-31 458.79 -27.40 118.87 106.87
2016-09-24 431.99 -25.47 116.28 98.75
2016-06-25 423.10 -25.18 114.56 92.76
2016-03-26 414.80 -25.13 115.25 90.57
2015-12-31 407.46 -26.33 117.02 89.71
2015-09-26 414.10 -19.78 115.36 88.09
2015-06-27 407.57 -24.55 114.14 85.90
2015-03-28 406.45 -22.72 111.52 82.60
2014-12-31 401.23 -20.81 107.65 80.31
2014-09-27 383.60 -24.28 102.75 78.42
2014-06-28 381.46 -19.89 101.50 78.27
2014-03-29 377.89 -21.09 100.23 78.76
2013-12-31 382.62 -17.27 99.52 79.30
2013-09-28 380.04 -17.39 97.47 77.13
2013-06-29 357.71 -25.07 94.24 73.52
2013-03-30 342.20 -27.01 90.51 69.95
2012-12-31 330.22 -28.33 88.24 66.75
2012-09-29 330.38 -26.97 86.83 66.99
2012-06-30 332.73 -26.76 83.04 67.54

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Calix has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Calix has efficiently used its assets last year compared to the US Communications industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Calix improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Calix's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Calix has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CALX Health

 How is Calix's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Calix's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Calix is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Calix's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Calix's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Calix Company Filings, last reported 2 months ago.

NYSE:CALX Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-30 145.84 52.09 44.07
2018-12-31 151.93 31.78 49.65
2018-09-29 144.07 30.00 53.03
2018-06-30 141.16 30.00 48.18
2018-03-31 138.04 30.00 42.63
2017-12-31 144.96 30.00 39.78
2017-09-30 150.38 30.00 70.78
2017-07-01 165.23 0.00 50.21
2017-04-01 182.16 0.00 51.53
2016-12-31 212.96 0.00 78.11
2016-09-24 218.52 0.00 61.32
2016-06-25 213.55 0.00 64.21
2016-03-26 214.78 0.00 64.26
2015-12-31 235.79 0.00 73.59
2015-09-26 256.56 0.00 93.85
2015-06-27 261.51 0.00 99.46
2015-03-28 264.39 0.00 97.78
2014-12-31 272.59 0.00 111.68
2014-09-27 268.54 0.00 87.80
2014-06-28 269.43 0.00 78.98
2014-03-29 267.36 0.00 75.17
2013-12-31 273.92 0.00 82.75
2013-09-28 274.31 0.00 79.12
2013-06-29 270.17 0.00 69.38
2013-03-30 267.61 0.00 48.06
2012-12-31 269.08 0.00 47.00
2012-09-29 270.16 0.00 57.42
2012-06-30 273.78 0.00 53.09
  • Calix's level of debt (23.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 23.5% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Calix has sufficient cash runway for more than 3 years based on current free cash flow.
  • Calix has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 43.8% each year.
X
Financial health checks
We assess Calix's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Calix has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CALX Dividends

 What is Calix's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Calix dividends.
If you bought $2,000 of Calix shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Calix's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Calix's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:CALX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United States of America Communications Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:CALX Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Calix has not reported any payouts.
  • Unable to verify if Calix's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Calix's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Calix has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Calix's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Calix afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Calix has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CALX Management

 What is the CEO of Calix's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Carl Russo
COMPENSATION $500,000
AGE 62
TENURE AS CEO 16.5 years
CEO Bio

Mr. Carl E. Russo has been the Chief Executive Officer and President of Calix Inc. (alternative name, Calix Networks, Inc) since December 2002. Before taking an active role with Calix, Mr. Russo served as the Vice President of Optical Strategy and Group Vice President of Optical Networking at Cisco Systems Inc., from 1999 to 2002. He joined Cisco in 1999 via the acquisition of Cerent Corporation, where Mr. Russo was the President and the Chief Executive Officer from April 1998 to October 1999. Prior to Cerent, Mr. Russo served at Xircom, where he was the Chief Operating Officer responsible for the sales, marketing, development and manufacturing of all Xircom products from April 1995 to April 1998. Previously, Mr. Russo was the Senior Vice President and a General Manager of Hyperchannel Networking Group at Network Systems Corporation and the Vice President and a General Manager of the Data Networking Products Division AT&T Paradyne. Mr. Russo has over 20 years of telecommunications experience. He has been a Director of Calix Inc. since December 1999. He serves as a Member of the Industry Advisory Council at Azure Capital Partners. Mr. Russo has been Director at the United States Telecom Association (USTA) since October 2004. He serves on the board of directors for Vital Network Services Inc., and Kuokoa Networks, Inc. He served as Director of Xirrus, Inc., since February 22, 2012. He served as a Director of Xircom, Inc. since 1999. He served as a Director of MobileSys, Inc. He serves on the Board of Trustees at Swarthmore College. He is an alumnus of Swarthmore College.

CEO Compensation
  • Carl's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Carl's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Calix management team in years:

2.5
Average Tenure
53
Average Age
  • The tenure for the Calix management team is about average.
Management Team

Carl Russo

TITLE
CEO, President & Director
COMPENSATION
$500K
AGE
62
TENURE
16.5 yrs

Cory Sindelar

TITLE
CFO & Chief Accounting Officer
COMPENSATION
$813K
AGE
49
TENURE
1.7 yrs

Michael Weening

TITLE
Executive Vice President of Field Operations
COMPENSATION
$1M
AGE
49
TENURE
0.8 yrs

Greg Billings

TITLE
Senior Vice President of Services
COMPENSATION
$838K
AGE
50
TENURE
2.5 yrs

Tom Dinges

TITLE
Director of Investor Relations

Suzanne Tom

TITLE
VP, General Counsel & Corporate Secretary
TENURE
3.8 yrs

Matt Collins

TITLE
Chief Marketing Officer
TENURE
1.9 yrs

Mark Dressler

TITLE
Senior Vice President of Global Sales
TENURE
1.4 yrs

Mehdi Bradaran

TITLE
Senior Vice President of Product Operations
COMPENSATION
$1M
AGE
60
TENURE
4.9 yrs

Michel Langlois

TITLE
Chief Development Officer
COMPENSATION
$2M
AGE
56
TENURE
4.9 yrs
Board of Directors Tenure

Average tenure and age of the Calix board of directors in years:

5.8
Average Tenure
59
Average Age
  • The tenure for the Calix board of directors is about average.
Board of Directors

Don Listwin

TITLE
Chairman
COMPENSATION
$221K
AGE
59
TENURE
11.9 yrs

Carl Russo

TITLE
CEO, President & Director
COMPENSATION
$500K
AGE
62
TENURE
19.5 yrs

Mike Everett

TITLE
Independent Director
COMPENSATION
$195K
AGE
69
TENURE
11.8 yrs

Chris Bowick

TITLE
Independent Director
COMPENSATION
$175K
AGE
62
TENURE
4.9 yrs

Michael Matthews

TITLE
Independent Director
COMPENSATION
$175K
AGE
61
TENURE
8.5 yrs

Kevin DeNuccio

TITLE
Independent Director
COMPENSATION
$171K
AGE
59
TENURE
6.8 yrs

Kevin Peters

TITLE
Independent Director
COMPENSATION
$175K
AGE
54
TENURE
4.7 yrs

Kira Makagon

TITLE
Independent Director
COMPENSATION
$165K
AGE
55
TENURE
1.9 yrs

Kathy Crusco

TITLE
Independent Director
COMPENSATION
$173K
AGE
53
TENURE
1.8 yrs

Dan Plants

TITLE
Independent Director
COMPENSATION
$235K
AGE
51
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Calix insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
03. Jun 19 Buy Voce Capital Management, LLC Company 30. May 19 30. May 19 2,600 $5.98 $15,547
31. May 19 Buy Voce Capital Management, LLC Company 29. May 19 29. May 19 25,311 $6.21 $157,277
23. May 19 Buy Kevin DeNuccio Individual 22. May 19 22. May 19 33,500 $6.62 $221,807
20. May 19 Buy Voce Capital Management, LLC Company 16. May 19 16. May 19 27,091 $6.57 $178,107
17. May 19 Buy Voce Capital Management, LLC Company 14. May 19 15. May 19 51,210 $6.59 $334,030
14. May 19 Buy Donald Listwin Individual 13. May 19 13. May 19 15,000 $6.72 $100,869
13. May 19 Sell Michael Matthews Individual 07. May 19 07. May 19 -13,000 $7.09 $-92,190
19. Feb 19 Buy Donald Listwin Individual 14. Feb 19 14. Feb 19 12,500 $8.04 $100,441
12. Feb 19 Buy Voce Capital Management, LLC Company 08. Feb 19 08. Feb 19 100,000 $7.49 $749,000
11. Feb 19 Buy Cory Sindelar Individual 08. Feb 19 08. Feb 19 10,000 $7.53 $75,250
04. Dec 18 Sell Kira Makagon Individual 30. Nov 18 30. Nov 18 -12,000 $9.55 $-114,600
29. Nov 18 Sell Michael Matthews Individual 14. May 18 27. Nov 18 -22,000 $9.76 $-162,628
16. Nov 18 Buy Cory Sindelar Individual 14. Nov 18 14. Nov 18 5,000 $10.50 $52,500
09. Nov 18 Buy Donald Listwin Individual 08. Nov 18 08. Nov 18 12,500 $9.80 $122,500
20. Aug 18 Buy Kevin DeNuccio Individual 16. Aug 18 16. Aug 18 38,500 $6.98 $268,608
20. Aug 18 Buy Cory Sindelar Individual 16. Aug 18 16. Aug 18 3,000 $6.85 $20,550
16. Aug 18 Buy Cory Sindelar Individual 14. Aug 18 15. Aug 18 12,000 $7.05 $84,615
13. Aug 18 Buy Donald Listwin Individual 10. Aug 18 10. Aug 18 12,500 $6.88 $85,965
X
Management checks
We assess Calix's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Calix has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CALX News

Simply Wall St News

Those Who Purchased Calix (NYSE:CALX) Shares A Year Ago Have A 22% Loss To Show For It

In just one year Calix saw its revenue fall by 12%. … We think most holders must believe revenue growth will improve, or else costs will decline. … Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround.

Simply Wall St -

What Did Calix, Inc.'s (NYSE:CALX) CEO Take Home Last Year?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Carl Russo's Compensation Compare With Similar Sized Companies. … is worth US$383m, and total annual CEO compensation is US$1.9m.

Simply Wall St -

Could Calix, Inc.'s (NYSE:CALX) Investor Composition Influence The Stock Price?

Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Calix is a smaller company with a market capitalization of US$427m, so it may still be flying under the radar of many institutional investors. … institutions own shares in the company

Simply Wall St -

Is Calix, Inc.'s (NYSE:CALX) Balance Sheet Strong Enough To Weather A Storm?

Help shape the future of investing tools and you could win a $250 gift card! … Investors are always looking for growth in small-cap stocks like Calix, Inc. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St -

Does The Calix, Inc. (NYSE:CALX) Share Price Tend To Follow The Market?

Volatility is considered to be a measure of risk in modern finance theory. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Calix, Inc. (NYSE:CALX) Insiders Increased Their Holdings

But logic dictates you should pay some attention to whether insiders are buying or selling shares. … In the last twelve months, the biggest single purchase by an insider was when Independent Director Kevin DeNuccio bought US$269k worth of shares at a price of US$6.98 per share. … In the last twelve months there was more buying than selling by Calix insiders

Simply Wall St -

Should You Be Pleased About The CEO Pay At Calix Inc's (NYSE:CALX)

How Does Carl Russo's Compensation Compare With Similar Sized Companies. … We looked at a group of companies with market capitalizations from US$200m to US$800m, and the median CEO compensation was US$1.6m … So Carl Russo receives a similar amount to the median CEO pay, amongst the companies we looked at.

Simply Wall St -

What does Calix Inc's (NYSE:CALX) Balance Sheet Tell Us About Its Future?

Investors are always looking for growth in small-cap stocks like Calix Inc (NYSE:CALX), with a market cap of US$379.52m. … However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Calix Inc (NYSE:CALX): When Will It Breakeven?

With the latest financial year loss of -US$83.03m and a trailing-twelve month of -US$61.44m, the US$410.58m market-cap alleviates its loss by moving closer towards its target of breakeven. … Many investors are wondering the rate at which CALX will turn a profit, with the big question being “when will the company breakeven?” … I’ve put together a brief outline of industry analyst expectations for CALX, its year of breakeven and its implied growth rate

Simply Wall St -

Is Calix Inc (NYSE:CALX) Still A Cheap Tech Stock?

This rate is larger than the growth rate of the US stock market as a whole. … NYSE:CALX PE PEG Gauge May 8th 18 The tech hardware industry is trading at a PE ratio of 28.62x, above the broader US stock market PE of 18.25x. … If Calix has been on your watchlist for a while, now may be the time to enter into the stock, if you like its growth prospects and are not highly concentrated in the tech industry.

Simply Wall St -

CALX Company Info

Description

Calix, Inc., together with its subsidiaries, provides cloud and software platforms, systems and services required to deliver the unified access network. The company’s cloud and software platforms, systems, and services enable communication service providers (CSP) to provide a range of services, from basic voice and data to advanced broadband services, over legacy and next-generation access networks. Its premises systems allow CSPs to master the complexity of the smart home and business, and offer services to their device-enabled subscribers. The company offers Calix Cloud, an analytics platform that leverages network data and subscriber behavioral data to deliver intelligence to communications professionals via role specific dashboards; Calix Marketing Cloud that enables marketers to move away from a one-size-fits-all approach to marketing and deliver personalized campaigns; Calix Support Cloud; EXOS, a carrier class premises operating system and software platform that supports residential, business, and mobile subscribers; and AXOS, a software platform built for the specific needs of the access network. The company markets its products in the United States, the Middle East, Canada, Europe, the Caribbean, and internationally through its direct sales force and resellers. Calix, Inc. was founded in 1999 and is headquartered in San Jose, California.

Details
Name: Calix, Inc.
CALX
Exchange: NYSE
Founded: 1999
$348,043,193
54,296,910
Website: http://www.calix.com
Address: Calix, Inc.
2777 Orchard Parkway,
San Jose,
California, 95134,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE CALX Common Stock New York Stock Exchange US USD 24. Mar 2010
DB CXA Common Stock Deutsche Boerse AG DE EUR 24. Mar 2010
Number of employees
Current staff
Staff numbers
802
Calix employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/19 00:18
End of day share price update: 2019/06/18 00:00
Last estimates confirmation: 2019/06/12
Last earnings filing: 2019/05/01
Last earnings reported: 2019/03/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.