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

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

CalAmp Corp. (NASDAQ:CAMP) posted its quarterly earnings results on Thursday, September, 26th. The Wireless communications provider reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.11. The Wireless communications provider had revenue of $93.20 million for the quarter, compared to analyst estimates of $91.50 million. CalAmp had a negative net margin of 1.50% and a positive return on equity of 9.04%. The company's quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.31 earnings per share. 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 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 brokerages have issued 1 year target prices 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 year. This suggests a possible upside of 75.2% 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.

Media coverage about CAMP stock has trended somewhat positive this week, InfoTrie reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. CalAmp earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave news headlines about the Wireless communications provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. 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), Juniper Networks (JNPR), F5 Networks (FFIV), Ubiquiti Networks (UBNT), Ciena (CIEN), ViaSat (VSAT), Echostar (SATS), Finisar (FNSR), InterDigital Wireless (IDCC), Plantronics (PLT), Infinera (INFN) and NetGear (NTGR).

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 retail and institutional investors. Top institutional shareholders 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 bought 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 $11.25.

CalAmp has a market capitalization of $383.85 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]