NASDAQ:CAMPCalAmp Stock Price, Forecast & News

$7.56

-0.14 (-1.82 %)

(As of 05/29/2020 01:11 PM ET)

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Today's Range

$7.51

Now: $7.56▼

$7.70

50-Day Range

$4.41

MA: $6.14▼

$7.72

52-Week Range

$3.70

Now: $7.56▼

$12.32

Volume30,598 shs

Average Volume455,512 shs

Market Capitalization$259.53 million

P/E RatioN/A

Dividend YieldN/A

Beta2.4

CalAmp Corp. provides in telematics systems, and software and subscription services in the United States, Latin America, Western Europe, Asia Pacific, the Middle East, Africa, and internationally. The company offers mobile resource management telematics devices for the Internet of Things market, which enable customers to optimize their operations by collecting, monitoring, and reporting business-critical information and desired intelligence from remote and mobile assets. It also provides telematics products, including asset tracking units, mobile telematics devices, fixed and mobile wireless gateways, and routers. In addition, the company offers CalAmp Telematics Cloud platform, such as cloud-based application enablement and telematics service platforms that facilitate integration of its own applications, as well as those of third parties, through open application programming interfaces; and software as a service applications. It sells its products and services to customers in the automotive, insurance, transportation and logistics, government, construction, and utilities markets through direct sales organization, a channel partner program and an international network of licensees, and sales representatives, as well as its Websites and digital presence. The company was founded in 1981 and is headquartered in Irvine, California.

Beat the Market (BTM) Rank^™

4.3 Analyst's Opinion

Consensus Rating
CalAmp has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $11.18, CalAmp has a potential upside of 47.9% from its current price of $7.56.
Amount of Analyst Coverage
CalAmp has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0 Community Rank

Outperform Votes
CalAmp has received 524 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CalAmp has received 341 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CalAmp has received 60.58% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about CalAmp and other stocks. Vote “Outperform” if you believe CAMP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CAMP will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
CalAmp does not currently pay a dividend.
Dividend Growth
CalAmp does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CalAmp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $223,000.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 4.90% of the stock of CalAmp is held by insiders.
Percentage Held by Institutions
76.06% of the stock of CalAmp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for CalAmp are expected to grow in the coming year, from ($0.20) to $0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CalAmp is -3.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of CalAmp is -3.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
CalAmp has a P/B Ratio of 1.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.38 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Radio & t.v. communications equipment

Sub-IndustryCommunications Equipment

SectorComputer and Technology

Current SymbolNASDAQ:CAMP

Previous Symbol

CUSIP12812610

CIK730255

Webwww.calamp.com

Phone949-600-5600

Debt

Debt-to-Equity Ratio1.46

Current Ratio1.96

Quick Ratio1.66

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$366.11 million

Price / Sales0.71

Cash Flow$1.46 per share

Price / Cash Flow5.17

Book Value$4.04 per share

Price / Book1.87

Profitability

EPS (Most Recent Fiscal Year)$0.15

Net Income$-79,300,000.00

Net Margins-21.66%

Return on Equity2.90%

Return on Assets0.88%

Miscellaneous

Employees1,090

Outstanding Shares34,330,000

Market Cap$259.53 million

Next Earnings Date6/25/2020 (Estimated)

OptionableOptionable

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CalAmp (NASDAQ:CAMP) Frequently Asked Questions

How has CalAmp's stock been impacted by COVID-19 (Coronavirus)?

CalAmp's stock was trading at $6.10 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CAMP stock has increased by 23.9% and is now trading at $7.56. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is CalAmp's next earnings date?

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

How were CalAmp's earnings last quarter?

CalAmp Corp. (NASDAQ:CAMP) announced its quarterly earnings results on Tuesday, May, 5th. The Wireless communications provider reported $0.03 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.03. The Wireless communications provider earned $87.20 million during the quarter, compared to the consensus estimate of $85.95 million. CalAmp had a positive return on equity of 2.90% and a negative net margin of 21.66%. The company's quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.28 earnings per share. View CalAmp's earnings history.

What guidance has CalAmp issued on next quarter's earnings?

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.

What price target have analysts set for CAMP?

8 brokers have issued 12-month price objectives for CalAmp's shares. Their forecasts range from $5.00 to $20.00. On average, they expect CalAmp's stock price to reach $11.18 in the next twelve months. This suggests a possible upside of 47.9% from the stock's current price. View analysts' price targets for CalAmp.

Has CalAmp been receiving favorable news coverage?

News headlines about CAMP stock have trended positive on Friday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. 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 news impact score of 2.7 on InfoTrie's scale. They also assigned media stories about the Wireless communications provider a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutCalAmp.

Who are some of CalAmp's key competitors?

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), Calix (CALX), NetGear (NTGR), Ribbon Communications (RBBN) and Plantronics (PLT). View all competitors.

What other stocks do shareholders of CalAmp own?

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).

Who are CalAmp's key executives?

CalAmp's management team includes the following people:

Mr. Michael J. Burdiek, Pres, CEO & Director (Age 60)
Mr. Kurtis Joseph Binder, Exec. VP & CFO (Age 49)
Mr. Richard K. Vitelle, Exec. VP (Age 65)
Mr. Stephen M. Moran, Sr. VP, Gen. Counsel & Sec. (Age 62)
Mr. Carl N. Burrow, Sr. VP of Global Sales (Age 58)

What is CalAmp's stock symbol?

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

Who are CalAmp's major shareholders?

CalAmp's stock is owned by a variety of retail and institutional 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.

Which major investors are selling CalAmp stock?

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.

Which major investors are buying CalAmp stock?

CAMP stock was purchased 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.

How do I buy shares of 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.

What is CalAmp's stock price today?

One share of CAMP stock can currently be purchased for approximately $7.56.

How big of a company is CalAmp?

CalAmp has a market capitalization of $259.53 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.

What is CalAmp's official website?

The official website for CalAmp is www.calamp.com.

How can I contact CalAmp?

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]

This page was last updated on 5/29/2020 by MarketBeat.com Staff