9 Analysts Have This To Say About Calix
Portfolio Pulse from Benzinga Insights
9 analysts have recently updated their ratings on Calix (NYSE:CALX), showing unanimous bullish sentiment despite lowering their 12-month price targets, reflecting a 10.6% decrease from previous estimates. The average target now stands at $45.44, with adjustments made due to market conditions and company performance. Calix's financial health indicators such as revenue growth and net margin outperform industry benchmarks, though its ROE and ROA are below average, suggesting challenges in capital and asset efficiency.
April 24, 2024 | 6:01 pm
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Analysts unanimously bullish on Calix, with a revised average price target of $45.44, indicating a 10.6% decrease. Positive revenue growth and net margin contrast with below-average ROE and ROA.
The unanimous bullish sentiment from analysts, despite lowering price targets, suggests confidence in Calix's fundamentals and market position. The positive revenue growth and net margin indicate operational strength, while the concerns about ROE and ROA highlight areas for potential improvement. The adjustments in price targets reflect a recalibration based on market conditions and company performance, rather than a fundamental shift in the company's outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100