Why Are People Talking About Investing in CASA?

By Susan Ramirez • Tuesday, October 17 12:13 • Permanent Link

With gains of 3.4%, Casa Systems was one of the winners on Wall Street today. Its shares are now trading at $0.66 and have logged a 0.0% daily outperformance of the S&P 500. Don't join the feeding frenzy before checking some basic facts about this stock:

Casa Systems has moved -79.0% over the last year, and the S&P 500 logged a change of 19.0%
CASA has an average analyst rating of buy and is -73.61% away from its mean target price of $2.5 per share
Its trailing earnings per share (EPS) is $-1.37
Casa Systems has a trailing 12 month Price to Earnings (P/E) ratio of -0.5 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $0.02 and its forward P/E ratio is 33.0
Casa Systems is part of the Technology sector, which has an average P/E ratio of 27.16 and an average P/B of 6.23
The company has a free cash flow of $19.37 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.