NASDAQ:CAMP - CalAmp Stock Price, Price Target & More

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

CalAmp Corp. (NASDAQ:CAMP) released its earnings results on Wednesday, June, 27th. The Wireless communications provider reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.01. The Wireless communications provider had revenue of $94.90 million for the quarter, compared to analysts' expectations of $93.05 million. CalAmp had a net margin of 7.45% and a return on equity of 17.26%. CalAmp's revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter 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, 27th 2018. View Earnings Estimates for CalAmp.

CalAmp issued an update on its second quarter earnings guidance on Wednesday, June, 27th. The company provided EPS guidance of $0.25-0.31 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.31. The company issued revenue guidance of $93.0-98.0 million, compared to the consensus revenue estimate of $95.59 million.

8 brokerages have issued twelve-month price targets for CalAmp's shares. Their forecasts range from $23.00 to $29.00. On average, they anticipate CalAmp's share price to reach $26.7143 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price. View Analyst Ratings for CalAmp.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CalAmp in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to CalAmp include Maxar Technologies (MAXR), Mitel Networks (MITL), Casa Systems (CASA), Loral Space & Communications Ltd. (LORL), Comtech Telecomm. (CMTL), Sierra Wireless (SWIR), Gilat Satellite Networks (GILT), Energous (WATT), Harmonic (HLIT), Ceragon Networks (CRNT), KVH Industries (KVHI), Vuzix (VUZI), PC Tel (PCTI), SeaChange International (SEAC) and Airgain (AIRG).

Media coverage about CAMP stock has been trending somewhat positive this week, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CalAmp earned a daily sentiment score of 0.09 on Accern's scale. They also assigned media coverage about the Wireless communications provider an impact score of 48.13 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

CalAmp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.66%). Company insiders that own CalAmp stock include Garo Sarkis Sarkissian, Kimberly Alexy, Michael J Burdiek and Richard K Vitelle. View Institutional Ownership Trends for CalAmp.

CAMP stock was purchased by a variety of institutional investors in the last quarter, including 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 $24.04.

CalAmp has a market capitalization of $848.51 million and generates $365.91 million in revenue each year. The Wireless communications provider earns $16.61 million in net income (profit) each year or $0.92 on an earnings per share basis. CalAmp employs 840 workers across the globe.

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]