Casa Systems, Inc. CASA
At closeApr 4, 2024, 4:00 PM EDT
52-week range unavailable
- Market cap
- 3.47M
- Revenue (ttm)
- 249.79M
- Profit margin
- -42.90%
- Shares out
- 99.11M
- Forward P/E
- -0.17
- Volume
- 28.33M
- Open
- 0.045
- Previous close
- 0.035
- Day's range
- 0.0312 – 0.047
- Beta
- 1.29
- Analysts
- Buy
- Price target
- 1.25 (+3471.4%)
- Earnings date
- May 14, 2024
2Y -5.1643 (-99.89%)
Key statistics
- Enterprise value
- 167.15M
- PEG ratio
- 0.00
- Price / sales
- 0.01
- Price / book
- 0.00
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- -7.20%
- Free cash flow
- 1.59M
- Total cash
- 47.92M
- Total debt
- 185.34M
- Return on equity
- 0.00%
- Short % of float
- 1.05%
- 50-day average
- 0.258234
- 200-day average
- 0.569885
Analyst view
Consensus: buy
- Strong buy2
- Buy3
- Hold2
- Sell0
- Strong sell0
Next earnings
May 14, 2024
Expected May 14, 2024. Consensus EPS estimate -0.12.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| May 14, 2024 | Mar 1, 2024 | -0.08 | — | — | — |
| Apr 2, 2024 | Dec 1, 2023 | -0.15 | — | — | — |
| Nov 7, 2023 | Sep 1, 2023 | 0.01 | — | — | — |
| Aug 8, 2023 | Jun 1, 2023 | -0.11 | — | — | — |
| May 9, 2023 | Mar 1, 2023 | -0.11 | — | — | — |
| Mar 14, 2023 | Dec 1, 2022 | -0.09 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 15, 2023 | Barclays | main | — | Equal-Weight |
| Jan 16, 2023 | Northland Capital Markets | up | Market Perform | Outperform |
| Nov 3, 2022 | Barclays | down | Overweight | Equal-Weight |
| Aug 7, 2022 | Northland Capital Markets | down | Outperform | Market Perform |
| Aug 7, 2022 | Barclays | main | — | Overweight |
| Apr 18, 2022 | Northland Capital Markets | up | Market Perform | Outperform |
About Casa Systems, Inc.
Casa Systems, Inc., a communications technology company, provides solutions for next-generation physical, virtualized, and cloud native architectures for cable broadband, fixed-line broadband, and wireless networks in North America, Latin America, the Asia-Pacific, Europe, the Middle East, and Africa. It offers converged cable access platforms; wireless network core products, such as virtual evolved packet and 5G core products, as well as small cell solutions, axyom element management system, and fixed wireless access devices; and virtual, centralized, and distributed deployment, and bandwidth capacity expansion systems. The company provides optical access solutions, virtualized broadband network gateway router and multiservice router, fiber extension, and residential broadband gateways; and machine-to-machine and industrial internet of things routers. Casa Systems, Inc. was incorporated in 2003 and is headquartered in Andover, Massachusetts.
- Sector
- Technology
- Industry
- Communication Equipment
- Country
- United States
- Website
- casa-systems.com
News
Casa Minerals Inc. Provides MCTO Update 
Dur Doux Debuts Capsule at NYFW with Musical Guest Jack Gore at Walker Hotel 
Vecima Networks Inc. Announces Termination of Asset Purchase Agreement with Casa Systems, Inc. and Cancellation of Subscription Receipts 
Lumine Group Completes the Purchase of Casa Systems' Axyom Cloud Native 5G Core Software & RAN Assets 
Why Is Casa Systems (CASA) Stock Down 24% Today? 
Why Ulta Beauty Shares Are Trading Lower By Around 14%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session 
12 Information Technology Stocks Moving In Wednesday's Intraday Session 
Casa Systems Initiates Court-Supervised Chapter 11 Sale 
Vecima Announces Intent to Acquire the Assets of Casa Systems' Cable Business 
Lumine Group Enters into an Agreement to Acquire Casa Systems' Axyom Cloud Native 5G Core Software & RAN Assets
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BRUCKNER SCOTT | Director | Conversion of Exercise of derivative security | Dec 12, 2023 | 213,698 |
| CHEN WEIDONG | Officer | Conversion of Exercise of derivative security | Dec 7, 2023 | 2,537,050 |
| D'EMIC SUSANA | Director | Conversion of Exercise of derivative security | May 17, 2023 | 136,533 |
| DURKIN EDWARD M | Chief Financial Officer | Conversion of Exercise of derivative security | Dec 28, 2023 | 281,237 |
| GUO JERRY | Director | Conversion of Exercise of derivative security | Mar 20, 2023 | 11,883,300 |
| HAYASHI MICHAEL TOMOYUKI | Director | Conversion of Exercise of derivative security | May 17, 2023 | 141,129 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Summit Partners, L.P. | 35.12% | 34,124,480 | 41.63M | Jun 29, 2023 |
| Alliancebernstein L.P. | 4.22% | 4,097,893 | 5.00M | Jun 29, 2023 |
| Westerly Capital Management, LLC | 2.78% | 2,700,000 | 3.29M | Jun 29, 2023 |
| Ameriprise Financial, Inc. | 2.43% | 2,361,728 | 2.88M | Jun 29, 2023 |
| Vanguard Group Inc | 2.35% | 2,284,089 | 2.79M | Jun 29, 2023 |
| Benefit Street Partners, LLC | 1.13% | 1,100,023 | 1.34M | Jun 29, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Columbia Fds Ser Tr I-Columbia Small Cap Value Fd I | 1.51% | 1,470,440 | 1.66M | Jul 30, 2023 |
| Vanguard Total Stock Market Index Fund | 0.99% | 957,382 | 1.17M | Jun 29, 2023 |
| AB Cap Fd.-AB Small Cap Value Port | 0.97% | 938,153 | 910.01K | Aug 30, 2023 |
| Columbia Fds Var Ins Tr-Columbia Var Port-Small Cap Value Fd | 0.68% | 656,420 | 800.83K | Jun 29, 2023 |
| Vanguard Information Technology Index Fund | 0.67% | 646,536 | 678.86K | May 30, 2023 |
| Vanguard Extended Market Index Fund | 0.55% | 538,466 | 656.93K | Jun 29, 2023 |