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How to Buy Calix Stock

Calix Inc

Calix is a app company located in California, United States, which is part of the Technology sector, and is traded under the ticker CALX on the NYSE exchange.

Calix stock last closed at $34.50, up 0.38% from the previous day, and has decreased 34.11% in one year. It has underperformed other stocks in the Software - Application industry by 0.61 percentage points. Calix stock is currently +9.04% from its 52-week low of $31.64, and -38.91% from its 52-week high of $56.47.

As of Feb 23, 2024, there are 65.41M shares of CALX outstanding. The market cap of CALX is $2.26B. In the past 24 hours, 420,717 CALX shares were traded.

How to Buy Calix Stock

Not sure how to invest in Calix stock? Here's how.
  1. Decide where to buy Calix stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Calix stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Choose your payment method and add your details.
  4. Evaluate Calix stock: The Calix ticker symbol is CALX. Is Calix stock a good investment? Should you buy shares of CALX? How do CALX's underlying business fundamentals look? Do top analysts think Calix is a good buy? Why has CALX's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if CALX is a good stock to buy).
  5. Make your CALX trade: Decide if you will purchase CALX shares at the current market price or use a limit order to purchase CALX shares at a specific price.
  6. Keep tabs on your investment in CALX: Create a watchlist to important updates regarding your new investment in Calix shares.

Step 1: Decide where to buy Calix stock

You will need an online brokerage account to access the NYSE market and buy CALX shares.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected the right brokerage, you need to fill out some personal information so you are able to buy CALX stock today.

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Step 3: Deposit funds into your brokerage account

Now that you've filled out your info on a good online stock trading app, you need to deposit funds:

Check out the tutorial below for more details depositing funds into your brokerage account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Calix stock

After you have selected the best place to buy Calix stock, it's critical to research their stock before you invest, so you can understand the risk as well as the upside.

Calix stock data

CALX Price
$34.50
1w %
1.71%
1y %
-34.11%
5y %
307.32%
P/E
78.41x
P/B
3.14x
P/S
2.19x
PEG
N/A
Revenue
$1.04B
Earnings
$29.33M
Fore. Rev. Growth
-8.35%
Fore. Earn. Growth
N/A
Market Cap
$2.26B
Next Earnings
Apr 17, 2024
Next Dividend
N/A

CALX Due Diligence Checks

WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis.

You can see all of the due diligence checks on CALX's stock page.

Is CALX stock overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge CALX's true value.

Using relative valuations ratios:

  • CALX could be undervalued based on its P/E ratio of 78.41x, relative to Software - Application industry P/E ratio of 156.93x
  • CALX could be undervalued based on its P/B ratio of 3.14x, relative to Software - Application industry P/B ratio of 6.94x

You can do more valuation research on CALX's stock here.

A look at CALX Cashflows and Balance Sheet

Positive Health Checks:

  • CALX has a low debt to equity ratio of 0.31.
  • CALX's operating cash flow of $56.25M allows it to safely service it's debt of $7.42M.
  • There are more short-term assets than short-term liabilities on the CALX balance sheet.
  • Total CALX debt is lower than 5 years ago, relative to shareholder equity.
  • CALX earnings of $25.05M is not enough to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the CALX balance sheet.

Negative Health Checks:

  • CALX profit margin has gone down from 4.7% to 2.8% in the past year.

Do analysts think it's a good time to buy Calix stock

Out of 4 Equities analysts who track CALX, the consensus analyst rating on Calix is a Strong Buy

Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Calix stock forecast page.

CALX Technical Indicators

SMA10
34.2
SMA20
35.06
SMA50
39.98
SMA100
39.61
SMA200
42.9
MACD
-1.77
MACD Signal
-1.96
MACD Histogram
0.19
RSI
41.11
Stochastic %K
54.82
Stochastic %D
44.24
StochRSI %K
96.1
StochRSI %D
86.66

CALX Revenue

Last year, CALX earnings were $29.33M. Over the past 3 year, CALX's earnings have gone up by -61.1% per year. This was slower than the Software - Application industry average of 10.99%.

Last year, CALX revenue was $1.04B. In the last five year, CALX's revenue has grown by 18.69% per year. This was slower than the Software - Application industry average of 30.72%.

Dig into CALX's earnings and revenue performance here.

Who is buying/selling CALX?

Over the last year, executives and large shareholders at CALX have bought more shares than they have sold.

Cory Sindelar, Chief Financial Officer of CALX, was the latest CALX insider to buy. They bought $18,011.06 worth of CALX shares on Feb 14, 2024.

Learn more about who owns CALX stock here.

Can I get consistent income from CALX stock?

No, Calix doesn't provide an income stream by paying out dividends.

What others are saying about CALX

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Make your CALX trade

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price limit, use a limit order.

Hit the Open Trade button and your broker will place your order.

If you require additional help with buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Keep tabs on your investment in CALX

Now that you own some CALX shares, you'll want to stay up-to-date on your new investment.

Add CALX to a watchlist to keep track of your CALX stock.

CALX Feed

How to Buy Stock in Calix

To reiterate, here are the 6 steps for buying Calix stock:

  1. Decide where to buy Calix stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Calix stock
  5. Make your CALX trade
  6. Keep tabs on your investment in CALX

If you are looking for a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your investment in Calix, create a watchlist today.

NYSE: CALX
$34.50+0.13 (+0.38%)
Updated Feb 23, 2024
Open eToro Account
NYSE: CALX
$34.50+0.13 (+0.38%)
Updated Feb 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Calix share?

As of Feb 23, 2024, it costs $34.50 to buy one share of Calix stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.29 shares of CALX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Calix stock?

According to 4 Wall Street analysts who monitor Calix, their consensus recommendation is to buy Calix stock.

What is the best way to buy Calix stock?

One way to place an order for Calix stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.