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T   15.73 (+0.58%)
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MU   68.20 (-4.87%)
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GE   101.53 (-0.86%)
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AMC   4.51 (-2.59%)
PFE   38.02 (+2.73%)
PYPL   61.99 (-0.10%)
NFLX   395.23 (+0.57%)
NASDAQ:CAMP

CalAmp (CAMP) Stock Forecast, Price & News

$1.76
-0.03 (-1.68%)
(As of 05/31/2023 ET)
Compare
Today's Range
$1.75
▼
$1.84
50-Day Range
$1.66
▼
$3.59
52-Week Range
$1.61
▼
$7.44
Volume
91,284 shs
Average Volume
164,073 shs
Market Capitalization
$65.86 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.85
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

CalAmp MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
118.8% Upside
$3.85 Price Target
Short Interest
Bearish
2.04% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-2.29
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
90.00%
From $0.10 to $0.19 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.16 out of 5 stars

Computer And Technology Sector

311th out of 621 stocks

Radio & T.V. Communications Equipment Industry

13th out of 24 stocks

See Top Rated MarketRank™ Stocks Here

CAMP stock logo

About CalAmp (NASDAQ:CAMP) Stock

CalAmp Corp. is a global technology solutions provider founded in 1981 that offers businesses and consumers a wide range of software and hardware products and services worldwide. The company is headquartered in Irvine, California, with additional offices in Europe and Asia. CalAmp has a history of innovation and has received numerous industry awards for its products and services. Key highlights of the company's achievements include acquiring LoJack Corporation, a leader in vehicle theft recovery and advanced fleet management solutions and the launch of CalAmp iOn, a cloud-based platform for managing IoT (Internet of Things) devices.

Calamp's revenue has declined an average of -7.95% yearly, 12.07 percentage points lower than the US Communication Equipment industry's average revenue growth rate of 4.13%. CalAmp shed its satellite communications business in 2020, which resulted in a one-time gain of $85 million. CalAmp's stock performance has declined since 2018 from a peak of around $24.00 a share to a low of approximately $3.00. Despite this, the company could gain momentum as it recently announced a restructuring plan to transition to a cloud-based IOT platform.  

CalAmp operates in the technology solutions industry, rapidly evolving due to the increasing use of digital technologies across various sectors. The company's main competitors include industry giants like Cisco Systems, Inc. and Honeywell International Inc., as well as smaller companies like Fleet Complete and Orbcomm Inc. The industry is subject to various regulatory and political issues, including data privacy and security concerns, which can significantly impact the industry's growth and profitability.

CalAmp's management team is led by CEO Jeff Gardner, who has over 25 years of experience in the technology industry. Other key team members include the recent addition of CFO Kurt Binder, who has a history of succeeding in challenging business environments and CTO Anand Rau, who has 25 years of strategic management experience in delivering enterprise-class, mission-critical applications. 

CalAmp has identified several potential growth opportunities, including expanding its IoT platform, CalAmp iOn, into new markets, such as healthcare and agriculture. The company is also exploring new product launches, such as its recently launched connected car solution, which allows vehicle owners to monitor and manage their vehicles remotely. Additionally, CalAmp is actively pursuing acquisitions to expand its product and service offerings and increase its market share.

The technology industry is highly competitive, and CalAmp faces significant competition from larger, more established companies. The industry is also subject to rapid technological change, which can quickly make existing products and services obsolete. CalAmp must continue to innovate and stay ahead of the curve to maintain its market position. Additionally, the industry is subject to regulatory and political risks, including data privacy and security concerns, which can impact the industry's growth and profitability.

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CAMP Stock News Headlines

May 27, 2023 | fool.com
CalAmp (NASDAQ: CAMP)
May 18, 2023 | americanbankingnews.com
StockNews.com Begins Coverage on CalAmp (NASDAQ:CAMP)
May 31, 2023 | Behind the Markets (Ad)
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
May 18, 2023 | americanbankingnews.com
CalAmp Corp. (NASDAQ:CAMP) Short Interest Update
May 16, 2023 | thestreet.com
Why CalAmp (CAMP) Stock Is Down After-Hours Tuesday
May 11, 2023 | finanznachrichten.de
CalAmp Corp.: CalAmp Announces CEO Transition
May 11, 2023 | marketwatch.com
CalAmp Chief Executive Jeff Gardner to Step Down >CAMP
May 11, 2023 | finance.yahoo.com
CalAmp Announces CEO Transition
May 31, 2023 | Behind the Markets (Ad)
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
May 4, 2023 | finance.yahoo.com
CalAmp To Participate at the Oppenheimer Emerging Growth Conference on May 11
April 29, 2023 | finance.yahoo.com
CalAmp Full Year 2023 Earnings: EPS Misses Expectations
April 29, 2023 | americanbankingnews.com
CalAmp (NASDAQ:CAMP) Price Target Cut to $4.00
April 27, 2023 | finance.yahoo.com
CalAmp Reports Fourth Quarter and Fiscal Year 2023 Financial Results
April 25, 2023 | americanbankingnews.com
CalAmp (CAMP) Scheduled to Post Quarterly Earnings on Thursday
April 15, 2023 | benzinga.com
CalAmp Stock (NASDAQ:CAMP), Dividends
April 13, 2023 | finance.yahoo.com
CalAmp Announces Date for Fiscal 2023 Fourth Quarter and Full Year Earnings Conference Call
April 5, 2023 | finance.yahoo.com
CalAmp Corp. (NASDAQ:CAMP) is largely controlled by institutional shareholders who own 55% of the company
March 9, 2023 | finance.yahoo.com
One CalAmp Corp. (NASDAQ:CAMP) insider upped their stake by 7.1% in the previous year
January 27, 2023 | finance.yahoo.com
CalAmp Announces Restructuring Plan to Accelerate Conversion to a Software and Subscription Services (S&SS) Business Model
January 27, 2023 | finance.yahoo.com
CalAmp to cut 8% of its workforce in restructuring
January 20, 2023 | finance.yahoo.com
Despite Fast-paced Momentum, CalAmp (CAMP) Is Still a Bargain Stock
January 15, 2023 | thestreet.com
Why CalAmp (CAMP) Stock Is Falling After Hours
January 3, 2023 | finance.yahoo.com
CalAmp to Present at the Needham Growth Conference on January 10
December 30, 2022 | finance.yahoo.com
CalAmp (CAMP) Is Attractively Priced Despite Fast-paced Momentum
December 29, 2022 | finance.yahoo.com
Do Options Traders Know Something About CalAmp (CAMP) Stock We Don't?
December 20, 2022 | finance.yahoo.com
CalAmp Reports Third Quarter Fiscal Year 2023 Financial Results
December 6, 2022 | finance.yahoo.com
CalAmp Announces Date for Fiscal 2023 Third Quarter Earnings Conference Call
See More Headlines
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CAMP Company Calendar

Last Earnings
12/21/2021
Today
5/31/2023
Next Earnings (Estimated)
6/22/2023
Fiscal Year End
2/29/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Radio & t.v. communications equipment
Sub-Industry
Communications Equipment
Sector
Computer and Technology
Current Symbol
NASDAQ:CAMP
CUSIP
12812610
CIK
730255
Web
www.calamp.com
Phone
(949) 600-5600
Fax
805-856-3857
Employees
887
Year Founded
1981

Price Target and Rating

Average Stock Price Forecast
$3.85
High Stock Price Forecast
$4.00
Low Stock Price Forecast
$3.70
Forecasted Upside/Downside
+116.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.90)
Trailing P/E Ratio
N/A
Forward P/E Ratio
17.75
P/E Growth
1.59
Net Income
$-32,490,000.00
Net Margins
-11.02%
Pretax Margin
-10.63%
Return on Equity
-58.60%
Return on Assets
-3.23%

Debt

Debt-to-Equity Ratio
15.90
Current Ratio
1.64
Quick Ratio
1.42

Sales & Book Value

Annual Sales
$294.95 million
Price / Sales
0.23
Cash Flow
$0.26 per share
Price / Cash Flow
6.70
Book Value
$0.39 per share
Price / Book
4.55

Miscellaneous

Outstanding Shares
37,420,000
Free Float
34,955,000
Market Cap
$66.42 million
Optionable
Optionable
Beta
2.00

Social Links


Key Executives

  • Jeff Gardner
    President, Chief Executive Officer & Director
  • Nathan Lowstuter
    Chief Supply Chain Officer & SVP-Operations
  • Jikun Kim
    Senior VP, Chief Financial & Accounting Officer
  • Monica D. van Berkel
    Chief People Officer & Senior Vice President
  • Jeff Clark
    Chief Product Officer & Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













CAMP Stock - Frequently Asked Questions

Should I buy or sell CalAmp stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CalAmp in the last twelve months. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CAMP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAMP, but not buy additional shares or sell existing shares.
View CAMP analyst ratings or view top-rated stocks.

What is CalAmp's stock price forecast for 2023?

2 brokerages have issued 12 month price objectives for CalAmp's shares. Their CAMP share price forecasts range from $3.70 to $4.00. On average, they anticipate the company's share price to reach $3.85 in the next twelve months. This suggests a possible upside of 116.9% from the stock's current price.
View analysts price targets for CAMP or view top-rated stocks among Wall Street analysts.

How have CAMP shares performed in 2023?

CalAmp's stock was trading at $4.48 at the beginning of 2023. Since then, CAMP shares have decreased by 60.4% and is now trading at $1.7750.
View the best growth stocks for 2023 here.

When is CalAmp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 22nd 2023.
View our CAMP earnings forecast.

How were CalAmp's earnings last quarter?

CalAmp Corp. (NASDAQ:CAMP) issued its quarterly earnings results on Tuesday, December, 21st. The Wireless communications provider reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.08 by $0.16. The Wireless communications provider had revenue of $68.78 million for the quarter, compared to the consensus estimate of $77.56 million. CalAmp had a negative net margin of 11.02% and a negative trailing twelve-month return on equity of 58.60%. The firm's quarterly revenue was down 12.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.07 earnings per share.

What ETFs hold CalAmp's stock?

ETFs with the largest weight of CalAmp (NASDAQ:CAMP) stock in their portfolio include SPDR S&P Kensho Smart Mobility ETF (HAIL) and Invesco Nasdaq Future Gen 200 ETF (QQQS).

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

CalAmp issued an update on its first quarter 2024 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $72.00 million-$78.00 million, compared to the consensus revenue estimate of $76.49 million.

What is Jeff Gardner's approval rating as CalAmp's CEO?

9 employees have rated CalAmp Chief Executive Officer Jeff Gardner on Glassdoor.com. Jeff Gardner has an approval rating of 100% among the company's employees. This puts Jeff Gardner in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of CalAmp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CalAmp investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Aptiv (APTV), Inseego (INSG), Advanced Micro Devices (AMD), Applied Materials (AMAT), Intel (INTC), Sierra Wireless (SWIR), Twilio (TWLO) and American Tower (AMT).

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 investors include B. Riley Asset Management LLC (9.15%), Aristotle Capital Boston LLC (7.23%), AIGH Capital Management LLC (5.23%), Paradigm Capital Management Inc. NY (4.29%), Royce & Associates LP (4.18%) and Penn Capital Management Company LLC (3.00%). Insiders that own company stock include B Riley Asset Management, Llc, Jeffery R Gardner, Kurtis Joseph Binder and Wes Cummins.
View institutional ownership trends.

How do I buy shares of CalAmp?

Shares of CAMP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CalAmp's stock price today?

One share of CAMP stock can currently be purchased for approximately $1.78.

How much money does CalAmp make?

CalAmp (NASDAQ:CAMP) has a market capitalization of $66.42 million and generates $294.95 million in revenue each year. The Wireless communications provider earns $-32,490,000.00 in net income (profit) each year or ($0.90) on an earnings per share basis.

How many employees does CalAmp have?

The company employs 887 workers across the globe.

Does CalAmp have any subsidiaries?
The following companies are subsidiares of CalAmp: Boisen S.A., CalAmp Importation and Leasing of Tracking Equipment Ltd., CalAmp Japan K.K., CalAmp Northstar Holdings, CalAmp UK Ltd, CalAmp Wireless Networks Corporation, CalAmp Wireless Networks Corporation Limited, CalAmp Wireless Networks Inc., Gulfstream Telematics, Jade Heaven Holdings Limited, LoJack, LoJack Canada Enterprises ULC, LoJack Equipment Ireland DAC, LoJack Europa B.V., LoJack Global LLC, LoJack Italia SRL, LoJack Netherlands B.V., LoJack Network SRL, LoJack de Mexico S. de R.L. de CV, LoJack of Brazil Tracking Services, LoJack of Puerto Rico, Skybility, SmartLink Radio Networks, and Tracker Network (UK) Limited.
Read More
How can I contact CalAmp?

CalAmp's mailing address is 15635 Alton Parkway Suite 250, Irvine CA, 92618. The official website for the company is www.calamp.com. The Wireless communications provider can be reached via phone at (949) 600-5600, via email at ir@calamp.com, or via fax at 805-856-3857.

This page (NASDAQ:CAMP) was last updated on 5/31/2023 by MarketBeat.com Staff

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