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S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
Better Than Oil Stocks (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Better Than Oil Stocks (Ad)
This Is One of the Top-Rated and Most-Upgraded Stocks
5 Economic Trends That Will Drive The Market In Q4
Better Than Oil Stocks (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
South Asia is expected to grow by nearly 6% this year, making it the world's fastest-growing region
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
Better Than Oil Stocks (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Better Than Oil Stocks (Ad)
This Is One of the Top-Rated and Most-Upgraded Stocks
5 Economic Trends That Will Drive The Market In Q4
Better Than Oil Stocks (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
South Asia is expected to grow by nearly 6% this year, making it the world's fastest-growing region
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
International Paper's 5% Yield Offers Big Value
Better Than Oil Stocks (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Better Than Oil Stocks (Ad)
This Is One of the Top-Rated and Most-Upgraded Stocks
5 Economic Trends That Will Drive The Market In Q4
Better Than Oil Stocks (Ad)
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
South Asia is expected to grow by nearly 6% this year, making it the world's fastest-growing region
NASDAQ:CAMP

CalAmp (CAMP) Stock Forecast, Price & News

$0.41
-0.01 (-2.38%)
(As of 10/3/2023 ET)
Compare
Today's Range
$0.40
▼
$0.45
50-Day Range
$0.34
▼
$0.94
52-Week Range
$0.29
▼
$5.36
Volume
245,452 shs
Average Volume
303,301 shs
Market Capitalization
$15.44 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.90
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

CalAmp MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
848.9% Upside
$3.90 Price Target
Short Interest
Healthy
1.21% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-2.29
Upright™ Environmental Score
News Sentiment
0.22mentions of CalAmp in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.06) to $0.14 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.05 out of 5 stars

Computer And Technology Sector

379th out of 596 stocks

Radio & T.V. Communications Equipment Industry

16th out of 22 stocks

See Top Rated MarketRank™ Stocks Here

CAMP stock logo

About CalAmp (NASDAQ:CAMP) Stock

CalAmp Corp. is a global technology solutions provider founded in 1981 that offers businesses and consumers a wide range of software and hardware products and services worldwide. The company is headquartered in Irvine, California, with additional offices in Europe and Asia. CalAmp has a history of innovation and has received numerous industry awards for its products and services. Key highlights of the company's achievements include acquiring LoJack Corporation, a leader in vehicle theft recovery and advanced fleet management solutions and the launch of CalAmp iOn, a cloud-based platform for managing IoT (Internet of Things) devices.

Calamp's revenue has declined an average of -7.95% yearly, 12.07 percentage points lower than the US Communication Equipment industry's average revenue growth rate of 4.13%. CalAmp shed its satellite communications business in 2020, which resulted in a one-time gain of $85 million. CalAmp's stock performance has declined since 2018 from a peak of around $24.00 a share to a low of approximately $3.00. Despite this, the company could gain momentum as it recently announced a restructuring plan to transition to a cloud-based IOT platform.  

CalAmp operates in the technology solutions industry, rapidly evolving due to the increasing use of digital technologies across various sectors. The company's main competitors include industry giants like Cisco Systems, Inc. and Honeywell International Inc., as well as smaller companies like Fleet Complete and Orbcomm Inc. The industry is subject to various regulatory and political issues, including data privacy and security concerns, which can significantly impact the industry's growth and profitability.

CalAmp's management team is led by CEO Jeff Gardner, who has over 25 years of experience in the technology industry. Other key team members include the recent addition of CFO Kurt Binder, who has a history of succeeding in challenging business environments and CTO Anand Rau, who has 25 years of strategic management experience in delivering enterprise-class, mission-critical applications. 

CalAmp has identified several potential growth opportunities, including expanding its IoT platform, CalAmp iOn, into new markets, such as healthcare and agriculture. The company is also exploring new product launches, such as its recently launched connected car solution, which allows vehicle owners to monitor and manage their vehicles remotely. Additionally, CalAmp is actively pursuing acquisitions to expand its product and service offerings and increase its market share.

The technology industry is highly competitive, and CalAmp faces significant competition from larger, more established companies. The industry is also subject to rapid technological change, which can quickly make existing products and services obsolete. CalAmp must continue to innovate and stay ahead of the curve to maintain its market position. Additionally, the industry is subject to regulatory and political risks, including data privacy and security concerns, which can impact the industry's growth and profitability.

CAMP Price History

CAMP Stock News Headlines

October 4, 2023 | americanbankingnews.com
CalAmp Corp. (NASDAQ:CAMP) Short Interest Update
September 28, 2023 | americanbankingnews.com
CalAmp (NASDAQ:CAMP) Earns Hold Rating from Analysts at StockNews.com
October 4, 2023 | Legacy Research (Ad)
Elon Did It Again: This Could be Bigger than Tesla
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September 28, 2023 | americanbankingnews.com
CalAmp (CAMP) Scheduled to Post Quarterly Earnings on Thursday
September 25, 2023 | finance.yahoo.com
CalAmp Announces Date for Fiscal 2024 Second Quarter Conference Call
August 29, 2023 | markets.businessinsider.com
Expert Ratings for CalAmp
August 29, 2023 | msn.com
Roth MKM Reiterates Calamp (CAMP) Buy Recommendation
August 29, 2023 | finanznachrichten.de
CalAmp Corp.: CalAmp Announces the Unexpected Passing of President and CEO Jeff Gardner
October 4, 2023 | Legacy Research (Ad)
Elon Did It Again: This Could be Bigger than Tesla
Love him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.
August 28, 2023 | seekingalpha.com
CalAmp announces passing away of President, CEO Jeff Gardner
August 28, 2023 | finance.yahoo.com
CalAmp Announces the Unexpected Passing of President and CEO Jeff Gardner
August 21, 2023 | dallasnews.com
Cowboys training camp central: Preseason schedule, latest news and more
August 20, 2023 | washingtonpost.com
Friendships forged, community cemented: The importance of Jewish sleep-away camps
August 16, 2023 | finance.yahoo.com
Insider Buyers Lose Additional US$81k As CalAmp Dips To US$27m
August 3, 2023 | msn.com
Calamp (CAMP) Price Target Decreased by 46.40% to 2.56
July 13, 2023 | markets.businessinsider.com
Analyst Ratings for CalAmp
July 13, 2023 | finance.yahoo.com
CalAmp Corp. (NASDAQ:CAMP) Q1 2024 Earnings Call Transcript
July 13, 2023 | msn.com
Goldman Sachs Maintains Calamp (CAMP) Sell Recommendation
July 12, 2023 | msn.com
Craig-Hallum Maintains Calamp (CAMP) Buy Recommendation
July 11, 2023 | finanznachrichten.de
CalAmp Corp.: CalAmp Reports First Quarter Fiscal Year 2024 Financial Results
July 10, 2023 | marketwatch.com
CalAmp 1Q Revenue Falls, Hit by Telematics Products Unit
July 10, 2023 | finance.yahoo.com
CalAmp Reports First Quarter Fiscal Year 2024 Financial Results
July 7, 2023 | msn.com
CalAmp Earnings Preview
July 7, 2023 | msn.com
Calamp (CAMP) Price Target Decreased by 13.79% to 4.78
June 28, 2023 | thestreet.com
Why CalAmp (CAMP) Stock Is Sinking On Wednesday
June 26, 2023 | msn.com
Jefferies Downgrades Calamp (CAMP)
June 26, 2023 | finance.yahoo.com
CalAmp Announces Date for Fiscal 2024 First Quarter Earnings Conference Call
See More Headlines
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CAMP Company Calendar

Last Earnings
7/10/2023
Today
10/03/2023
Next Earnings (Confirmed)
10/05/2023
Fiscal Year End
2/29/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Radio & t.v. communications equipment
Sub-Industry
Communications Equipment
Sector
Computer and Technology
Current Symbol
NASDAQ:CAMP
CUSIP
12812610
CIK
730255
Web
www.calamp.com
Phone
(949) 600-5600
Fax
805-856-3857
Employees
644
Year Founded
1981

Price Target and Rating

Average Stock Price Forecast
$3.90
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$2.00
Forecasted Upside/Downside
+848.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.67)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-32,490,000.00
Net Margins
-8.09%
Pretax Margin
-7.77%
Return on Equity
-50.27%
Return on Assets
-2.24%

Debt

Debt-to-Equity Ratio
18.30
Current Ratio
1.69
Quick Ratio
1.45

Sales & Book Value

Annual Sales
$294.95 million
Price / Sales
0.05
Cash Flow
$0.28 per share
Price / Cash Flow
1.48
Book Value
$0.39 per share
Price / Book
1.05

Miscellaneous

Outstanding Shares
37,570,000
Free Float
32,463,000
Market Cap
$15.44 million
Optionable
Optionable
Beta
1.94

Social Links

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Key Executives

  • Mr. Jeffery R. GardnerMr. Jeffery R. Gardner (Age 63)
    Pres, CEO & Director
    Comp: $863.05k
  • Mr. Jason W. Cohenour (Age 61)
    Interim CEO & Director
    Comp: $80k
  • Mr. Jikun Kim (Age 59)
    Sr. VP & CFO
    Comp: $292k
  • Mr. Richard M. Scott (Age 53)
    Sr. VP, Chief Legal Officer & Sec.
    Comp: $498.01k
  • Ms. Xiaolian Zhang
    Sr. VP of Financial Planning & Analysis
  • Mr. Mark Gaydos
    Chief Marketing & Product Officer
  • Ms. Monica Duran Van Berkel (Age 54)
    Sr. VP & Chief People Officer
  • Mr. Michael P. Zachan (Age 74)
    Sr. VP & GM of Wireless Networks Bus. Unit
  • Mr. Nathan Lowstuter (Age 49)
    Sr. VP & Chief Supply Chain Officer
  • Mr. Brett Jackson
    Sr. VP of Transportation & Logistics

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













CAMP Stock - Frequently Asked Questions

Should I buy or sell CalAmp stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CalAmp in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CAMP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAMP, but not buy additional shares or sell existing shares.
View CAMP analyst ratings or view top-rated stocks.

What is CalAmp's stock price forecast for 2023?

3 analysts have issued 12 month price targets for CalAmp's shares. Their CAMP share price forecasts range from $2.00 to $6.00. On average, they expect the company's share price to reach $3.90 in the next year. This suggests a possible upside of 848.9% from the stock's current price.
View analysts price targets for CAMP or view top-rated stocks among Wall Street analysts.

How have CAMP shares performed in 2023?

CalAmp's stock was trading at $4.48 at the beginning of the year. Since then, CAMP stock has decreased by 90.8% and is now trading at $0.4110.
View the best growth stocks for 2023 here.

Are investors shorting CalAmp?

CalAmp saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 455,800 shares, an increase of 12.4% from the August 31st total of 405,400 shares. Based on an average daily volume of 539,200 shares, the days-to-cover ratio is currently 0.8 days.
View CalAmp's Short Interest.

When is CalAmp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 5th 2023.
View our CAMP earnings forecast.

How can I listen to CalAmp's earnings call?

CalAmp will be holding an earnings conference call on Thursday, October 5th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 929-458-6194 with passcode "181919".

How were CalAmp's earnings last quarter?

CalAmp Corp. (NASDAQ:CAMP) released its quarterly earnings results on Monday, July, 10th. The Wireless communications provider reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by $0.04. The Wireless communications provider earned $70.89 million during the quarter, compared to analyst estimates of $75.90 million. CalAmp had a negative net margin of 8.09% and a negative trailing twelve-month return on equity of 50.27%.

What guidance has CalAmp issued on next quarter's earnings?

CalAmp issued an update on its second quarter 2024 earnings guidance on Thursday, July, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $67.00 million-$73.00 million, compared to the consensus revenue estimate of $77.14 million.

What is Jeff Gardner's approval rating as CalAmp's CEO?

9 employees have rated CalAmp Chief Executive Officer Jeff Gardner on Glassdoor.com. Jeff Gardner has an approval rating of 100% among the company's employees. This puts Jeff Gardner in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of CalAmp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CalAmp investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Aptiv (APTV), Inseego (INSG), Advanced Micro Devices (AMD), Applied Materials (AMAT), Intel (INTC), Sierra Wireless (SWIR), Twilio (TWLO) and American Tower (AMT).

What is CalAmp's stock symbol?

CalAmp trades on the NASDAQ under the ticker symbol "CAMP."

How do I buy shares of CalAmp?

Shares of CAMP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CalAmp's stock price today?

One share of CAMP stock can currently be purchased for approximately $0.41.

How much money does CalAmp make?

CalAmp (NASDAQ:CAMP) has a market capitalization of $15.44 million and generates $294.95 million in revenue each year. The Wireless communications provider earns $-32,490,000.00 in net income (profit) each year or ($0.67) on an earnings per share basis.

How many employees does CalAmp have?

The company employs 644 workers across the globe.

Does CalAmp have any subsidiaries?
The following companies are subsidiares of CalAmp: Boisen S.A., CalAmp Importation and Leasing of Tracking Equipment Ltd., CalAmp Japan K.K., CalAmp Northstar Holdings, CalAmp UK Ltd, CalAmp Wireless Networks Corporation, CalAmp Wireless Networks Corporation Limited, CalAmp Wireless Networks Inc., Gulfstream Telematics, Jade Heaven Holdings Limited, LoJack, LoJack Canada Enterprises ULC, LoJack Equipment Ireland DAC, LoJack Europa B.V., LoJack Global LLC, LoJack Italia SRL, LoJack Netherlands B.V., LoJack Network SRL, LoJack de Mexico S. de R.L. de CV, LoJack of Brazil Tracking Services, LoJack of Puerto Rico, Skybility, SmartLink Radio Networks, and Tracker Network (UK) Limited.
Read More
How can I contact CalAmp?

CalAmp's mailing address is 15635 Alton Parkway Suite 250, Irvine CA, 92618. The official website for the company is www.calamp.com. The Wireless communications provider can be reached via phone at (949) 600-5600, via email at ir@calamp.com, or via fax at 805-856-3857.

This page (NASDAQ:CAMP) was last updated on 10/4/2023 by MarketBeat.com Staff

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