CalAmp Corp. provides in telematics systems, and software and subscription services worldwide. The company provides mobile resource management telematics devices for the Internet of Things market, which enable customers to optimize their operations by collecting, monitoring, and reporting business-critical information and desired intelligence from remote and mobile assets. It also offers a portfolio of wireless networking products, including asset tracking units, mobile telematics devices, and fixed and mobile wireless gateways and routers; telematics cloud platform applications; and software as a service applications. The company sells its products and services to customers in the transportation, government, construction, and automotive markets through direct sales organization, a network of licensees, and sales representatives, as well as through Websites and digital presence. CalAmp Corp. was founded in 1981 and is headquartered in Irvine, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Radio & t.v. communications equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:CAMP
Previous Symbol
CUSIP12812610
Phone949-600-5600
Debt
Debt-to-Equity Ratio1.28
Current Ratio4.39
Quick Ratio4.07
Price-To-Earnings
Trailing P/E Ratio15.38
Forward P/E Ratio16.08
P/E Growth1.39
Sales & Book Value
Annual Sales$365.91 million
Price / Sales1.34
Cash Flow$1.7844 per share
Price / Cash Flow7.93
Book Value$5.58 per share
Price / Book2.54
Profitability
EPS (Most Recent Fiscal Year)$0.92
Net Income$16.61 million
Net Margins3.88%
Return on Equity16.87%
Return on Assets6.67%
Miscellaneous
Employees840
Outstanding Shares34,760,000
Market Cap$491.87 million
OptionableOptionable
CalAmp (NASDAQ:CAMP) Frequently Asked Questions
What is CalAmp's stock symbol?
CalAmp trades on the NASDAQ under the ticker symbol "CAMP."
How were CalAmp's earnings last quarter?
CalAmp Corp. (NASDAQ:CAMP) announced its quarterly earnings results on Thursday, September, 27th. The Wireless communications provider reported $0.31 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.28 by $0.03. The Wireless communications provider earned $96 million during the quarter, compared to the consensus estimate of $95.36 million. CalAmp had a return on equity of 16.87% and a net margin of 3.88%. CalAmp's revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.27 earnings per share. View CalAmp's Earnings History.
When is CalAmp's next earnings date?
How can I listen to CalAmp's earnings call?
CalAmp will be holding an earnings conference call on Thursday, December 20th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8553028830.
What guidance has CalAmp issued on next quarter's earnings?
CalAmp updated its third quarter earnings guidance on Monday, December, 10th. The company provided EPS guidance of $0.23-0.25 for the period, compared to the Thomson Reuters consensus estimate of $0.32. The company issued revenue guidance of $88-89 million, compared to the consensus revenue estimate of $97.81 million.
What price target have analysts set for CAMP?
10 brokers have issued 12-month price objectives for CalAmp's shares. Their forecasts range from $20.00 to $28.00. On average, they expect CalAmp's stock price to reach $24.3750 in the next year. This suggests a possible upside of 72.3% from the stock's current price. View Analyst Price Targets for CalAmp.
What is the consensus analysts' recommendation for CalAmp?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CalAmp in the last year. There are currently 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CalAmp.
Has CalAmp been receiving favorable news coverage?
News articles about CAMP stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. CalAmp earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave media stories about the Wireless communications provider a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are some of CalAmp's key competitors?
Some companies that are related to CalAmp include Mitel Networks (MITL), Loral Space & Communications Ltd. (LORL), Casa Systems (CASA), Maxar Technologies (MAXR), Comtech Telecomm. (CMTL), Gilat Satellite Networks (GILT), Sierra Wireless (SWIR), Harmonic (HLIT), Ceragon Networks (CRNT), KVH Industries (KVHI), Energous (WATT), Vuzix (VUZI), Airgain (AIRG), Pointer Telocation (PNTR) and Aviat Networks (AVNW).
Who are CalAmp's key executives?
CalAmp's management team includes the folowing people:
- Mr. Michael J. Burdiek, Pres, CEO & Director (Age 59)
- Mr. Kurtis Joseph Binder, Exec. VP & CFO (Age 48)
- Mr. Garo Sarkissian, Sr. VP of Corp. Devel. (Age 51)
- Mr. Richard K. Vitelle, Exec. VP (Age 64)
- Mr. John J. Warwick, Sr. VP of Operations (Age 53)
Who are CalAmp's major shareholders?
CalAmp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.45%), Vanguard Group Inc (6.30%), Vanguard Group Inc. (6.30%), Dimensional Fund Advisors LP (4.79%), Renaissance Technologies LLC (2.06%) and Aristotle Capital Boston LLC (2.06%). Company insiders that own CalAmp stock include Garo Sarkis Sarkissian, Kimberly Alexy, Michael J Burdiek and Richard K Vitelle. View Institutional Ownership Trends for CalAmp.
Which institutional investors are selling CalAmp stock?
CAMP stock was sold by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, Dynamic Technology Lab Private Ltd, Thomson Horstmann & Bryant Inc., Rice Hall James & Associates LLC, Russell Investments Group Ltd., TIAA CREF Investment Management LLC, John G Ullman & Associates Inc. and AQR Capital Management LLC. Company insiders that have sold CalAmp company stock in the last year include Garo Sarkis Sarkissian and Michael J Burdiek. View Insider Buying and Selling for CalAmp.
Which institutional investors are buying CalAmp stock?
CAMP stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, BlackRock Inc., SG Americas Securities LLC, GSA Capital Partners LLP, Bank of Montreal Can, Marshall Wace North America L.P., Cadence Capital Management LLC and Panagora Asset Management Inc.. View Insider Buying and Selling for CalAmp.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is CalAmp's stock price today?
One share of CAMP stock can currently be purchased for approximately $14.15.
How big of a company is CalAmp?
CalAmp has a market capitalization of $491.87 million and generates $365.91 million in revenue each year. The Wireless communications provider earns $16.61 million in net income (profit) each year or $0.92 on an earnings per share basis. CalAmp employs 840 workers across the globe.
What is CalAmp's official website?
How can I contact CalAmp?
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]
MarketBeat Community Rating for CalAmp (NASDAQ CAMP)
MarketBeat's community ratings are surveys of what our community members think about CalAmp and other stocks. Vote "Outperform" if you believe CAMP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CAMP will underperform the S&P 500 over the long term. You may vote once every thirty days.
