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NASDAQ:CAMP

CalAmp (CAMP) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
N/A
50-Day Range
$0.40
$4.00
52-Week Range
N/A
Volume
925,800 shs
Average Volume
182,761 shs
Market Capitalization
$660,000.00
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$63.25

CalAmp MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
∞ Upside
$63.25 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-2.29
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$7,171 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($10.81) to ($1.15) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.39 out of 5 stars

CAMP stock logo

About CalAmp Stock (NASDAQ:CAMP)

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 Stock News Headlines

CalAmp (NASDAQ:CAMP) Now Covered by Analysts at StockNews.com
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CalAmp Corp. (CAMP)
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CalAmp Stock (NASDAQ:CAMP), Quotes and News Summary
CAMP Feb 2024 2.500 put
ABUS, PI and CAMP are among after hour movers
See More Headlines
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Company Calendar

Last Earnings
12/21/2021
Today
7/19/2024
Fiscal Year End
2/28/2025

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:CAMP
CUSIP
12812610
Employees
644
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$63.25
High Stock Price Target
$115.00
Low Stock Price Target
$11.50
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-32,490,000.00
Pretax Margin
-37.89%

Debt

Sales & Book Value

Annual Sales
$294.95 million
Book Value
$8.90 per share

Miscellaneous

Free Float
1,632,000
Market Cap
$660,000.00
Optionable
Optionable
Beta
1.89

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Key Executives

  • Mr. Jikun Kim (Age 60)
    Senior VP & CFO
    Comp: $292k
  • Ms. Xiaolian Zhang
    Senior VP of Financial Planning & Analysis
  • Mr. Chris Adams
    President & CEO
  • Mr. Mark Gaydos
    Chief Marketing & Product Officer
  • Mr. Christian Horne
    Vice President of Sales
  • Mr. Michael P. Zachan (Age 75)
    Senior VP & GM of Wireless Networks Business Unit
  • Ms. Monica Duran Van Berkel (Age 55)
    Senior Vice President
  • Mr. Nathan Lowstuter (Age 50)
    Senior VP & Chief Supply Chain Officer
  • Mr. Maurizio Iperti
    President of Automotive
  • Mr. Brett Jackson
    Senior Vice President of Transportation & Logistics

CAMP Stock Analysis - Frequently Asked Questions

How were CalAmp's earnings last quarter?

CalAmp Corp. (NASDAQ:CAMP) released its earnings results on Tuesday, December, 21st. The Wireless communications provider reported ($1.84) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.84 by $3.68. The firm's revenue was down 12.4% on a year-over-year basis.

When did CalAmp's stock split?

CalAmp's stock reverse split on Friday, February 2nd 2024. The 1-23 reverse split was announced on Friday, February 2nd 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, February 2nd 2024. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

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.

Does CalAmp have any subsidiaries?

CalAmp subsidiaries include these companies: LoJack, Gulfstream Telematics, SmartLink Radio Networks, CalAmp Wireless Networks Inc., Skybility, Boisen S.A., CalAmp Importation and Leasing of Tracking Equipment Ltd., and others.

What other stocks do shareholders of CalAmp own?

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

This page (NASDAQ:CAMP) was last updated on 7/19/2024 by MarketBeat.com Staff

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