NASDAQ:CAMP - CalAmp Stock Price, Price Target & More

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

CalAmp Corp. (NASDAQ:CAMP) posted its earnings results on Wednesday, June, 27th. The Wireless communications provider reported $0.29 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.28 by $0.01. The Wireless communications provider earned $94.90 million during the quarter, compared to analysts' expectations of $93.05 million. CalAmp had a net margin of 7.45% and a return on equity of 17.26%. CalAmp's quarterly revenue was up 7.7% on a year-over-year basis. During the same period last year, the company posted $0.29 earnings per share. View CalAmp's Earnings History.

CalAmp is scheduled to release their next quarterly earnings announcement on Wednesday, September, 26th 2018. View Earnings Estimates for CalAmp.

CalAmp issued an update on its second quarter earnings guidance on Wednesday, June, 27th. The company provided earnings per share (EPS) guidance of $0.25-0.31 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.31. The company issued revenue guidance of $93.0-98.0 million, compared to the consensus revenue estimate of $95.59 million.

8 analysts have issued 1-year target prices for CalAmp's stock. Their forecasts range from $23.00 to $29.00. On average, they expect CalAmp's stock price to reach $26.7143 in the next year. This suggests a possible upside of 15.0% from the stock's current price. View Analyst Ratings for CalAmp.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CalAmp in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to CalAmp include Maxar Technologies (MAXR), Mitel Networks (MITL), Casa Systems (CASA), Loral Space & Communications Ltd. (LORL), Comtech Telecomm. (CMTL), Sierra Wireless (SWIR), Gilat Satellite Networks (GILT), Energous (WATT), Harmonic (HLIT), Ceragon Networks (CRNT), KVH Industries (KVHI), Vuzix (VUZI), SeaChange International (SEAC), PC Tel (PCTI) and Airgain (AIRG).

Media stories about CAMP stock have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CalAmp earned a daily sentiment score of 0.14 on Accern's scale. They also gave media stories about the Wireless communications provider an impact score of 46.55 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

CalAmp's stock is owned by many different of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.66%) and Municipal Employees Retirement System of Michigan (0.03%). 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.

CAMP stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan. Company insiders that have sold CalAmp company stock in the last year include Garo Sarkis Sarkissian, Kimberly Alexy and Michael J Burdiek. View Insider Buying and Selling for CalAmp.

CAMP stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of CAMP stock can currently be purchased for approximately $23.22.

CalAmp has a market capitalization of $822.41 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.

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]