Financial Analysis: Calix (CALX) vs. Oclaro (OCLR)
Calix (NYSE: CALX) and Oclaro (NASDAQ:OCLR) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, valuation, dividends, institutional ownership, profitability, earnings and risk.
Volatility and Risk
Calix has a beta of 0.54, suggesting that its share price is 46% less volatile than the S&P 500. Comparatively, Oclaro has a beta of 1.61, suggesting that its share price is 61% more volatile than the S&P 500.
Valuation & Earnings
This table compares Calix and Oclaro’s top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Calix||$496.63 million||0.57||-$61.63 million||($1.27)||-4.45|
|Oclaro||$600.97 million||2.46||$140.44 million||$0.75||11.68|
Oclaro has higher revenue and earnings than Calix. Calix is trading at a lower price-to-earnings ratio than Oclaro, indicating that it is currently the more affordable of the two stocks.
This is a breakdown of recent ratings and price targets for Calix and Oclaro, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Calix presently has a consensus price target of $6.50, suggesting a potential upside of 15.04%. Oclaro has a consensus price target of $13.33, suggesting a potential upside of 52.21%. Given Oclaro’s stronger consensus rating and higher probable upside, analysts plainly believe Oclaro is more favorable than Calix.
This table compares Calix and Oclaro’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Institutional and Insider Ownership
64.5% of Calix shares are owned by institutional investors. Comparatively, 70.5% of Oclaro shares are owned by institutional investors. 16.5% of Calix shares are owned by insiders. Comparatively, 2.0% of Oclaro shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Oclaro beats Calix on 13 of the 14 factors compared between the two stocks.
Calix Company Profile
Calix, Inc. provides broadband communications access systems and software for fiber- and copper-based network architectures that enable communications service providers (CSPs), to transform their networks and connect to their residential and business subscribers. The Company enables CSPs to provide various services, from basic voice and data to advanced broadband services, over legacy and next-generation access networks. It develops and sells carrier-class hardware and cloud products. Its portfolio consists of three core systems and/or nodes: E-Series access systems and nodes (E-Series systems and nodes), B6 access nodes (B-Series nodes), and the C7 multiservice, multiprotocol access system (C-Series system). These systems and nodes are complemented by the P-Series optical network terminals and residential gateways, the GigaFamily of GigaCenters, GigaHubs, and GigaPoints, the Calix Management System, OpenLink Cable software and Compass Cloud family of software-as-a-service products.
Oclaro Company Profile
Oclaro, Inc. is a provider of optical components, modules and subsystems for the core optical transport, service provider, enterprise and data center markets. The Company provides various solutions for optical networks and interconnects driving the next wave of streaming video, cloud computing, application virtualization and other bandwidth-intensive and high-speed applications. The Company’s product offerings include client side transceivers, line side transceivers, tunable laser transmitters, lithium niobate modulators, transponder modules, and discrete lasers and receivers. It designs, manufactures and markets optical components, modules and subsystems that generate, detect, combine and separate light signals in optical communications networks. The Company supplies transmission products at the component level and the module level into 10 gigabits per second (Gb/s), 40 Gb/s and 100 Gb/s communications solutions.
Receive News & Stock Ratings for Calix Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calix Inc and related stocks with our FREE daily email newsletter.