NASDAQ:CAMPCalAmp Stock Price, Forecast & News

CalAmp's stock was trading at $6.10 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CAMP stock has increased by 15.2% and is now trading at $7.03. View which stocks have been most impacted by Coronavirus.

8 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CalAmp.

CalAmp is scheduled to release its next quarterly earnings announcement on Thursday, June 25th 2020. View our earnings forecast for CalAmp.

CalAmp Corp. (NASDAQ:CAMP) issued its earnings results on Tuesday, May, 5th. The Wireless communications provider reported $0.03 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.03. The Wireless communications provider earned $87.20 million during the quarter, compared to analysts' expectations of $85.95 million. CalAmp had a positive return on equity of 2.90% and a negative net margin of 21.66%. The firm's revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.28 EPS. View CalAmp's earnings history.

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

8 brokers have issued 12 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 $11.18 in the next year. This suggests a possible upside of 59.0% from the stock's current price. View analysts' price targets for CalAmp.

News stories about CAMP stock have been trending somewhat positive on Monday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. CalAmp earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned media coverage about the Wireless communications provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutCalAmp.

Some companies that are related to CalAmp include Cisco Systems (CSCO), QUALCOMM (QCOM), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 Networks (FFIV), Ciena (CIEN), Juniper Networks (JNPR), Echostar (SATS), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), NetGear (NTGR), Calix (CALX), Plantronics (PLT) and Ribbon Communications (RBBN). View all competitors.

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

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 shareholders include BlackRock Inc. (16.03%), Aristotle Capital Boston LLC (7.05%), Trigran Investments Inc. (4.09%), State Street Corp (3.54%), Tributary Capital Management LLC (1.68%) and Invesco Ltd. (1.64%). Company insiders that own CalAmp stock include Amal M Johnson, Garo Sarkis Sarkissian, Jeffery R Gardner, 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 New York State Common Retirement Fund, Tributary Capital Management LLC, Rice Hall James & Associates LLC, Nomura Holdings Inc., Deutsche Bank AG, Nuveen Asset Management LLC, BlackRock Inc., and Two Sigma Advisers LP. View insider buying and selling activity for CalAmp.

CAMP stock was acquired by a variety of institutional investors in the last quarter, including Trigran Investments Inc., State Street Corp, Invesco Ltd., Aristotle Capital Boston LLC, Engineers Gate Manager LP, Geode Capital Management LLC, Atom Investors LP, and Alliancebernstein L.P.. Company insiders that have bought CalAmp stock in the last two years include Amal M Johnson, Jeffery R Gardner, and Larry J Wolfe. 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 $7.03.

CalAmp has a market capitalization of $241.34 million and generates $366.11 million in revenue each year. The Wireless communications provider earns $-79,300,000.00 in net income (profit) each year or $0.15 on an earnings per share basis. CalAmp employs 1,090 workers across the globe.

The official website for CalAmp is 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]