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 $29.56, up 2.21% from the previous day, and has decreased 31.49% in one year. It has underperformed other stocks in the Software - Application industry by 0.6 percentage points. Calix stock is currently +10.46% from its 52-week low of $26.76, and -45.15% from its 52-week high of $53.90.
As of May 3, 2024, there are 65.53M shares of CALX outstanding. The market cap of CALX is $1.94B. In the past 24 hours, 599,427 CALX shares were traded.
How to Buy Calix Stock
Not sure how to invest in Calix stock? Here's how.
- 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.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your payment method and add your details.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
Based on our research, eToro is the best stock brokerage. eToro gives you:
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Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 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.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open your new brokerage account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
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.
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 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 overvalued based on its P/E ratio of 98.53x, relative to Software - Application industry P/E ratio of 90.91x
- CALX could be undervalued based on its P/B ratio of 2.61x, relative to Software - Application industry P/B ratio of 6.48x
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 0.24.
- CALX's operating cash flow of $62.83M allows it to safely service it's debt of $6.93M.
- 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 $13.12M 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 4.6% to 2% in the past year.
Do analysts think it's a good time to buy Calix stock
Out of 5 Equities analysts who track CALX, the consensus analyst rating on Calix is a 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
CALX Revenue
Last year, CALX earnings were $19.83M. Over the past 3 year, CALX's earnings have gone up by -88.92% per year. This was slower than the Software - Application industry average of 29.83%.
Last year, CALX revenue was $1.02B. 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 26.66%.
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:
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:
- Decide where to buy Calix stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Evaluate Calix stock
- Make your CALX trade
- Keep tabs on your investment in CALX
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Calix, create a watchlist today.
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