CalAmp Stock Price, News & Analysis (NASDAQ:CAMP)

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

CalAmp Corp. (NASDAQ:CAMP) released its earnings results on Thursday, September, 26th. The Wireless communications provider reported $0.14 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.03 by $0.11. The Wireless communications provider earned $93.20 million during the quarter, compared to analysts' expectations of $91.50 million. CalAmp had a negative net margin of 1.50% and a positive return on equity of 9.04%. The business's quarterly revenue was down 2.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.31 EPS. View CalAmp's Earnings History.

CalAmp is scheduled to release their next quarterly earnings announcement on Thursday, December 19th 2019. View Earnings Estimates for CalAmp.

CalAmp issued an update on its third quarter earnings guidance on Thursday, September, 26th. The company provided earnings per share (EPS) guidance of $0.11-$0.17 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.20. The company issued revenue guidance of $92-$98 million, compared to the consensus revenue estimate of $94.76 million.

7 brokers have issued 1-year price targets for CalAmp's shares. Their predictions range from $11.00 to $28.00. On average, they expect CalAmp's stock price to reach $19.71 in the next twelve months. This suggests a possible upside of 74.2% from the stock's current price. View Analyst Price Targets for CalAmp.

7 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CalAmp.

Headlines about CAMP stock have trended somewhat negative on Wednesday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CalAmp earned a media sentiment score of -1.7 on InfoTrie's scale. They also gave media headlines about the Wireless communications provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for CalAmp.

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), Ubiquiti Networks (UBNT), Ciena (CIEN), ViaSat (VSAT), Echostar (SATS), Finisar (FNSR), InterDigital Wireless (IDCC), Plantronics (PLT), NetGear (NTGR) and Infinera (INFN).

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

CalAmp's stock is owned by many different of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (2.68%), John G Ullman & Associates Inc. (0.80%), Assenagon Asset Management S.A. (0.58%), Campbell & CO Investment Adviser LLC (0.11%) and State of Alaska Department of Revenue (0.08%). Company insiders that own CalAmp stock include Garo Sarkis Sarkissian, Kimberly Alexy, 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 Assenagon Asset Management S.A. and Tributary Capital Management LLC. View Insider Buying and Selling for CalAmp.

CAMP stock was purchased by a variety of institutional investors in the last quarter, including John G Ullman & Associates Inc., Campbell & CO Investment Adviser LLC and State of Alaska Department of Revenue. 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, Robinhood, Fidelity and Charles Schwab.

One share of CAMP stock can currently be purchased for approximately $11.32.

CalAmp has a market capitalization of $386.24 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]