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QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
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Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
NASDAQ:CASA

Casa Systems (CASA) Stock Price, News & Analysis

$0.27
-0.03 (-9.88%)
(As of 03/28/2024 ET)
Today's Range
$0.27
$0.30
50-Day Range
$0.27
$0.42
52-Week Range
$0.24
$1.42
Volume
285,850 shs
Average Volume
234,423 shs
Market Capitalization
$27.12 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

Casa Systems MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.26% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.07
Upright™ Environmental Score
News Sentiment
0.14mentions of Casa Systems in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.95) to ($0.31) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.79 out of 5 stars

Consumer Discretionary Sector

160th out of 271 stocks

Radio & T.V. Communications Equipment Industry

11th out of 22 stocks

CASA stock logo

About Casa Systems Stock (NASDAQ:CASA)

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.

CASA Stock Price History

CASA Stock News Headlines

“The Stock Market’s Bull Run is Far from Over” -Barrons
Barron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!
“The Stock Market’s Bull Run is Far from Over” -Barrons
Barron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!
CASA gets new roof
See More Headlines
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Company Calendar

Last Earnings
11/01/2021
Today
3/28/2024
Next Earnings (Estimated)
4/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:CASA
Employees
1,043
Year Founded
N/A

Profitability

Net Income
$-79,210,000.00
Pretax Margin
-43.85%

Debt

Sales & Book Value

Annual Sales
$286.54 million
Book Value
$0.52 per share

Miscellaneous

Free Float
34,589,000
Market Cap
$27.12 million
Optionable
Optionable
Beta
1.29
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Key Executives

  • Mr. Jerry Guo (Age 61)
    Founder, Secretary & Director
    Comp: $742.2k
  • Mr. Michael Glickman (Age 60)
    CEO, President, Principal Executive Officer & Director
  • Mr. Edward M. Durkin (Age 63)
    Chief Financial Officer
  • Mr. Philip E. Paro (Age 42)
    Principal Accounting Officer
  • Mr. Santanu Dasgupta
    Chief Technology Officer
  • Mr. Michael Picariello
    Director of Investor Relations
  • Mr. Timothy C. Rodenberger
    General Counsel
  • Ms. Carmen A. Pombeiro
    Chief Human Resources Officer
  • Mr. Steve Collins
    Senior Vice President of Access Devices
  • Mr. Gibson Ang
    Senior Vice President of Product Management

CASA Stock Analysis - Frequently Asked Questions

How have CASA shares performed in 2024?

Casa Systems' stock was trading at $0.53 at the beginning of the year. Since then, CASA stock has decreased by 48.4% and is now trading at $0.2736.
View the best growth stocks for 2024 here
.

Are investors shorting Casa Systems?

Casa Systems saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 464,800 shares, a decrease of 15.5% from the February 29th total of 550,100 shares. Based on an average daily volume of 282,500 shares, the short-interest ratio is currently 1.6 days. Approximately 1.3% of the shares of the company are short sold.
View Casa Systems' Short Interest
.

When is Casa Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 2nd 2024.
View our CASA earnings forecast
.

How were Casa Systems' earnings last quarter?

Casa Systems, Inc. (NASDAQ:CASA) announced its quarterly earnings results on Monday, November, 1st. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.10. The business had revenue of $99.22 million for the quarter, compared to analyst estimates of $106.45 million. Casa Systems had a negative net margin of 42.90% and a negative trailing twelve-month return on equity of 408.36%. During the same quarter last year, the company posted $0.04 earnings per share.

What is Jerry Guo's approval rating as Casa Systems' CEO?

34 employees have rated Casa Systems Chief Executive Officer Jerry Guo on Glassdoor.com. Jerry Guo has an approval rating of 54% among the company's employees. This puts Jerry Guo in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Casa Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Casa Systems investors own include Applied Materials (AMAT), FTS International (FTSI), Nektar Therapeutics (NKTR), Corus Entertainment (CJREF), Lam Research (LRCX), Advanced Energy Industries (AEIS), KLA (KLAC), SP Plus (SP), Block (SQ) and THOR Industries (THO).

When did Casa Systems IPO?

Casa Systems (CASA) raised $78 million in an initial public offering (IPO) on Friday, December 15th 2017. The company issued 6,000,000 shares at a price of $13.00 per share. Morgan Stanley and Barclays acted as the underwriters for the IPO and Raymond James, Stifel, Macquarie Capital, Northland Capital Markets and William Blair were co-managers.

Who are Casa Systems' major shareholders?

Casa Systems' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (2.36%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Lucy Xie, Michael T Hayashi, Weidong Chen and William C Styslinger III.
View institutional ownership trends
.

How do I buy shares of Casa Systems?

Shares of CASA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CASA) was last updated on 3/29/2024 by MarketBeat.com Staff

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