Shares of Casa Systems Inc (NASDAQ:CASA) have been given a consensus rating of “Buy” by the nine analysts that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $25.71.
A number of brokerages recently commented on CASA. Barclays reiterated an “equal weight” rating and issued a $25.00 price objective (up from $21.00) on shares of Casa Systems in a research report on Wednesday, March 7th. Stifel Nicolaus lifted their price objective on Casa Systems from $23.00 to $27.00 and gave the stock a “buy” rating in a research report on Wednesday, March 7th. Zacks Investment Research upgraded Casa Systems from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a research report on Tuesday, March 13th. Northland Securities began coverage on Casa Systems in a research report on Tuesday, January 9th. They issued an “outperform” rating and a $25.00 price objective for the company. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $23.00 price objective (up from $21.00) on shares of Casa Systems in a research report on Wednesday, March 7th.
Shares of Casa Systems stock opened at $29.70 on Friday. The company has a debt-to-equity ratio of 5.89, a current ratio of 4.23 and a quick ratio of 3.87. Casa Systems has a 12-month low of $13.25 and a 12-month high of $34.21.
Casa Systems Company Profile
Casa Systems, Inc is provides a software-centric infrastructure solutions. In addition, the Company offers solutions for next-generation distributed and virtualized architectures in cable operator, fixed telecom and wireless networks. Its products include axyom software platform, delivery platforms, multi-service applications, capacity expansion products.
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