CalAmp - CAMP Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CalAmp in the last year. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CAMP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAMP, but not buy additional shares or sell existing shares.
View CAMP analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued 12 month price targets for CalAmp's stock. Their CAMP share price forecasts range from $3.70 to $13.00. On average, they predict the company's stock price to reach $8.90 in the next year. This suggests a possible upside of 92.2% from the stock's current price.
View analysts price targets for CAMP or view top-rated stocks among Wall Street analysts.

CalAmp's stock was trading at $4.48 on January 1st, 2023. Since then, CAMP stock has increased by 3.3% and is now trading at $4.63.
View the best growth stocks for 2023 here.

CalAmp saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 1,280,000 shares, a decrease of 7.2% from the December 31st total of 1,380,000 shares. Based on an average daily volume of 256,100 shares, the short-interest ratio is currently 5.0 days. Approximately 3.6% of the company's shares are short sold.
View CalAmp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our CAMP earnings forecast.

CalAmp Corp. (NASDAQ:CAMP) released its quarterly earnings data on Tuesday, December, 20th. The Wireless communications provider reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.03. The Wireless communications provider earned $78.89 million during the quarter, compared to analysts' expectations of $74.65 million. CalAmp had a negative net margin of 11.79% and a negative trailing twelve-month return on equity of 40.90%.

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.

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

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

CalAmp's stock is owned by a number of retail and institutional investors. Top institutional investors include AMH Equity Ltd (1.35%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Amal M Johnson, B Riley Asset Management, Llc, Jeffery R Gardner, Kurtis Joseph Binder and Wes Cummins.
View institutional ownership trends.

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

One share of CAMP stock can currently be purchased for approximately $4.63.

CalAmp (NASDAQ:CAMP) has a market capitalization of $171.17 million and generates $295.84 million in revenue each year. The Wireless communications provider earns $-27,990,000.00 in net income (profit) each year or ($0.94) on an earnings per share basis.

The company employs 887 workers across the globe.

CalAmp's mailing address is 15635 Alton Parkway Suite 250, Irvine CA, 92618. The official website for the company is www.calamp.com. The Wireless communications provider can be reached via phone at (949) 600-5600, via email at ir@calamp.com, or via fax at 805-856-3857.