NASDAQ:CAMP - CalAmp Stock Price, Forecast & News

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

CalAmp Corp. (NASDAQ:CAMP) posted its earnings results on Thursday, December, 19th. The Wireless communications provider reported $0.15 EPS for the quarter, hitting the Zacks' consensus estimate of $0.15. The Wireless communications provider earned $96.60 million during the quarter, compared to analyst estimates of $95.11 million. CalAmp had a positive return on equity of 6.90% and a negative net margin of 3.36%. The company's quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.25 EPS. View CalAmp's Earnings History.

CalAmp is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for CalAmp.

CalAmp updated its fourth quarter earnings guidance on Thursday, December, 19th. The company provided earnings per share guidance of $0.10-0.16 for the period, compared to the Thomson Reuters consensus estimate of $0.24. The company issued revenue guidance of $95-100 million, compared to the consensus revenue estimate of $97.63 million.

7 brokers have issued 12-month price targets for CalAmp's shares. Their forecasts range from $11.00 to $20.00. On average, they anticipate CalAmp's share price to reach $14.67 in the next twelve months. This suggests a possible upside of 34.1% 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, 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CalAmp.

News stories about CAMP stock have been trending very positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CalAmp earned a media sentiment score of 3.1 on InfoTrie's scale. They also gave news articles 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 company's share price in the next several days. View News Stories for CalAmp.

CalAmp saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 2,420,000 shares, an increase of 24.1% from the December 31st total of 1,950,000 shares. Based on an average trading volume of 388,800 shares, the short-interest ratio is currently 6.2 days. Currently, 7.4% of the shares of the stock are sold short. View CalAmp's Current Options Chain.

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), Ciena (CIEN), Echostar (SATS), ViaSat (VSAT), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Comtech Telecomm. (CMTL), Extreme Networks (EXTR) and NetGear (NTGR).

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

CalAmp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.13%), Renaissance Technologies LLC (3.05%), Royce & Associates LP (3.00%), Tributary Capital Management LLC (2.48%), Rice Hall James & Associates LLC (2.24%) and Geode Capital Management LLC (1.36%). Company insiders that own CalAmp stock include Garo Sarkis Sarkissian, 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 Goldman Sachs Group Inc., Assenagon Asset Management S.A., Falcon Point Capital LLC, California Public Employees Retirement System, Tributary Capital Management LLC, Renaissance Technologies LLC, Rice Hall James & Associates LLC and Bank of Montreal Can. View Insider Buying and Selling for CalAmp.

CAMP stock was purchased by a variety of institutional investors in the last quarter, including Royce & Associates LP, Mackay Shields LLC, Raymond James Financial Services Advisors Inc., State Street Corp, 1492 Capital Management LLC, Great West Life Assurance Co. Can, John G Ullman & Associates Inc. and Aigen Investment Management LP. 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 $10.94.

CalAmp has a market capitalization of $373.71 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]