NASDAQ:CAMP - CalAmp Stock Price, Forecast & News

CalAmp's stock was trading at $6.10 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CAMP shares have decreased by 20.5% and is now trading at $4.85. View which stocks have been mosted impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CalAmp in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for CalAmp.

CalAmp is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for CalAmp.

CalAmp Corp. (NASDAQ:CAMP) announced its earnings results on Thursday, December, 19th. The Wireless communications provider reported $0.15 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.15. The Wireless communications provider had revenue of $96.60 million for the quarter, compared to analysts' expectations of $95.11 million. CalAmp had a negative net margin of 3.36% and a positive return on equity of 6.90%. The business's revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.25 EPS. View CalAmp's earnings history.

CalAmp updated its fourth quarter 2020 Pre-Market earnings guidance on Thursday, March, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $85-87 million, compared to the consensus revenue estimate of $95.79 million.

7 Wall Street analysts have issued twelve-month price targets for CalAmp's stock. Their forecasts range from $5.00 to $20.00. On average, they expect CalAmp's share price to reach $11.83 in the next twelve months. This suggests a possible upside of 144.0% from the stock's current price. View analysts' price targets for CalAmp.

Media headlines about CAMP stock have been trending negative on Sunday, according to InfoTrie. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CalAmp earned a daily sentiment score of -2.8 on InfoTrie's scale. They also gave news coverage about the Wireless communications provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutCalAmp.

CalAmp saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,395,800 shares, an increase of 6.0% from the February 27th total of 2,260,000 shares. Based on an average daily trading volume, of 505,200 shares, the days-to-cover ratio is currently 4.7 days. Currently, 7.3% of the shares of the stock are short sold. View CalAmp's Current Options Chain.

Some companies that are related to CalAmp include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), Echostar (SATS), Finisar (FNSR), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), NetGear (NTGR), Harmonic (HLIT) and Calix (CALX).

Based on aggregate information from My MarketBeat watchlists, some companies that other CalAmp investors own include Aptiv (APTV), Sierra Wireless (SWIR), Applied Materials (AMAT), Energous (WATT), Bank of America (BAC), Advanced Micro Devices (AMD), IQIYI (IQ), Intel (INTC), Broadcom (AVGO) and Gilead Sciences (GILD).

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

CalAmp's stock is owned by a variety of institutional and retail investors. Top institutional investors include State Street Corp (3.13%), Renaissance Technologies LLC (3.05%), Royce & Associates LP (3.00%), Tributary Capital Management LLC (2.48%), Rice Hall James & Associates LLC (2.24%) and Geode Capital Management LLC (1.36%). Company insiders that own CalAmp stock include Garo Sarkis Sarkissian, Larry J Wolfe and Michael J Burdiek. View institutional ownership trends for CalAmp.

CAMP stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Assenagon Asset Management S.A., Falcon Point Capital LLC, California Public Employees Retirement System, Tributary Capital Management LLC, Renaissance Technologies LLC, Rice Hall James & Associates LLC, and Bank of Montreal Can. View insider buying and selling activity for CalAmp.

CAMP stock was bought by a variety of institutional investors in the last quarter, including Royce & Associates LP, Nuveen Asset Management LLC, Mackay Shields LLC, Raymond James Financial Services Advisors Inc., State Street Corp, 1492 Capital Management LLC, Great West Life Assurance Co. Can, and John G Ullman & Associates Inc.. View insider buying and selling activity for CalAmp.

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

One share of CAMP stock can currently be purchased for approximately $4.85.

CalAmp has a market capitalization of $165.68 million and generates $363.80 million in revenue each year. CalAmp employs 882 workers across the globe. View additional information about CalAmp.

The official website for CalAmp is http://www.calamp.com/.

CalAmp's mailing address is 15635 Alton Parkway Suite 250, Irvine CA, 92618. The Wireless communications provider can be reached via phone at 949-600-5600 or via email at [email protected]