NASDAQ:CAMP - CalAmp Stock Price, News & Analysis

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

CalAmp Corp. (NASDAQ:CAMP) posted its earnings results on Thursday, June, 27th. The Wireless communications provider reported $0.06 EPS for the quarter, missing the Zacks' consensus estimate of $0.24 by $0.18. The Wireless communications provider had revenue of $89.10 million for the quarter, compared to analysts' expectations of $86.91 million. CalAmp had a net margin of 0.33% and a return on equity of 11.85%. The company's revenue was down 6.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.29 EPS. View CalAmp's Earnings History.

CalAmp is scheduled to release their next quarterly earnings announcement on Thursday, September 26th 2019. View Earnings Estimates for CalAmp.

CalAmp updated its second quarter earnings guidance on Thursday, June, 27th. The company provided earnings per share (EPS) guidance of $0.08-0.14 for the period, compared to the Thomson Reuters consensus estimate of $0.16. The company issued revenue guidance of $89.5-94.5 million, compared to the consensus revenue estimate of $91.24 million.

8 brokerages have issued twelve-month price targets for CalAmp's stock. Their forecasts range from $11.00 to $28.00. On average, they expect CalAmp's share price to reach $19.8571 in the next twelve months. This suggests a possible upside of 109.9% from the stock's current price. View Analyst Price Targets for CalAmp.

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.

Media headlines about CAMP stock have trended positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CalAmp earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave news articles about the Wireless communications provider a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the near future. View News Stories for CalAmp.

CalAmp saw a increase in short interest in July. As of July 15th, there was short interest totalling 2,358,100 shares, an increase of 7.7% from the June 15th total of 2,190,100 shares. Based on an average daily volume of 417,600 shares, the days-to-cover ratio is currently 5.6 days. Currently, 7.2% of the shares of the stock are sold short. View CalAmp's Current Options Chain.

Some companies that are related to CalAmp include Loral Space & Communications Ltd. (LORL), Comtech Telecomm. (CMTL), Harmonic (HLIT), Casa Systems (CASA), Gilat Satellite Networks (GILT), Sierra Wireless (SWIR), Maxar Technologies (MAXR), Cambium Networks (CMBM), Ceragon Networks (CRNT), KVH Industries (KVHI), PC Tel (PCTI), Airgain (AIRG), Pointer Telocation (PNTR), Energous (WATT) and SGOCO Group (SGOC).

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), Advanced Micro Devices (AMD), Bank of America (BAC), Gilead Sciences (GILD), Broadcom (AVGO) and Intel (INTC).

CalAmp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.65%), Vanguard Group Inc. (6.08%), Renaissance Technologies LLC (3.25%), Tributary Capital Management LLC (2.82%), Rice Hall James & Associates LLC (2.50%) and Nomura Holdings Inc. (1.71%). 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 Vanguard Group Inc., Mackenzie Financial Corp, Mackenzie Financial Corp, THB Asset Management, Vertex One Asset Management Inc., John G Ullman & Associates Inc., Eagle Boston Investment Management Inc. and Panagora Asset Management Inc.. 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.

CAMP stock was bought by a variety of institutional investors in the last quarter, including Atria Investments LLC, Marshall Wace LLP, Invesco Ltd., Marshall Wace North America L.P., Connors Investor Services Inc., Roumell Asset Management LLC, Renaissance Technologies LLC and 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 $9.46.

CalAmp has a market capitalization of $318.14 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]