CalAmp Corp. Company Profile (NASDAQ:CAMP)

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

CalAmp Corp. (NASDAQ:CAMP) announced its quarterly earnings data on Tuesday, June, 27th. The company reported $0.29 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.27 by $0.02. The firm had revenue of $88.10 million for the quarter, compared to analyst estimates of $86.85 million. CalAmp Corp. had a positive return on equity of 18.84% and a negative net margin of 2.05%. CalAmp Corp.'s quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.30 earnings per share. View CalAmp Corp.'s Earnings History.

CalAmp Corp. is scheduled to release their next quarterly earnings announcement on Thursday, September, 28th 2017. View Earnings Estimates for CalAmp Corp..

CalAmp Corp. updated its second quarter earnings guidance on Tuesday, June, 27th. The company provided EPS guidance of $0.23-0.29 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.29. The company issued revenue guidance of $86-91 million, compared to the consensus revenue estimate of $89.49 million.

11 analysts have issued twelve-month price targets for CalAmp Corp.'s shares. Their predictions range from $14.00 to $28.00. On average, they expect CalAmp Corp.'s share price to reach $21.13 in the next year. View Analyst Ratings for CalAmp Corp..

Here are some recent quotes from research analysts about CalAmp Corp. stock:

• 1. According to Zacks Investment Research, "CalAmp Corp. is a leading provider of wireless communications products that enable anytime/anywhere access to critical information, data and entertainment content. With comprehensive capabilities ranging from product design and development through volume production, CalAmp delivers cost-effective high quality solutions to a broad array of customers and end markets. CalAmp is the leading supplier of Direct Broadcast Satellite outdoor customer premise equipment to the U.S. satellite television market. The Company also provides wireless data communication solutions for the telemetry and asset tracking markets, private wireless networks, public safety communications and critical infrastructure and process control applications. " (4/21/2017)
• 2. Canaccord Genuity analysts commented, "We attended Silicon Laboratories’ Analyst Day in New York. Net, SLAB is positioned for growth: 10-15% long-term, which should generate earnings power of $3.50-$4.50. SLAB’s multi-band, multi-protocol, low-power MCU SoCs and module solutions provides a significant competitive advantage. Moreover, its strong position in industrial IoT , which is arguably the fastest growing segment within IoT and generates the highest ROI for the enterprise, is fueling growth. Mgt. highlighted IoT growth of 20% Y/Y and Infrastructure growth of 10% Y/Y." (3/6/2017)

Some companies that are related to CalAmp Corp. include Gogo (GOGO), Cellcom Israel (CEL), ORBCOMM (ORBC), Intelsat S.A. (I), pdvWireless (PDVW), Filtronic Plc (FTC), Superconductor Technologies (SCON), BlackBerry Ltd (RIMM), Meru Networks (MERU), RR Media Ltd (RRM), Ruckus Wireless (RKUS) and Vodafone Group PLC (VOD).

CalAmp Corp.'s management team includes the folowing people:

• Albert J. Moyer, Independent Chairman of the Board
• Michael J. Burdiek, President, Chief Executive Officer, Director
• Kurtis J. Binder, Chief Financial Officer, Executive Vice President
• Richard K. Vitelle, Interim Executive Vice President
• Garo Sarkis Sarkissian, Senior Vice President - Corporate Development
• Kimberly E. Alexy, Independent Director
• Jeffery R. Gardner, Independent Director
• Amal M. Johnson, Independent Director
• Jorge Luis Titinger, Independent Director
• Larry J. Wolfe, Independent Director

CalAmp Corp.'s stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.69%), Dimensional Fund Advisors LP (4.90%), State Street Corp (2.52%), Voya Investment Management LLC (2.48%), Tributary Capital Management LLC (2.25%) and Divisar Capital Management LLC (1.89%). Company insiders that own CalAmp Corp. stock include Garo Sarkis Sarkissian, Jeffery R Gardner, Michael J Burdiek and Richard K Vitelle. View Institutional Ownership Trends for CalAmp Corp..

CalAmp Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Citigroup Inc., Thompson Siegel & Walmsley LLC, Parametric Portfolio Associates LLC, Thomson Horstmann & Bryant Inc., Russell Investments Group Ltd., Divisar Capital Management LLC, AHL Partners LLP and KBC Group NV. Company insiders that have sold CalAmp Corp. stock in the last year include Garo Sarkis Sarkissian, Michael J Burdiek and Richard K Vitelle. View Insider Buying and Selling for CalAmp Corp..

CalAmp Corp.'s stock was acquired by a variety of institutional investors in the last quarter, including Columbus Circle Investors, Dimensional Fund Advisors LP, Rice Hall James & Associates LLC, Marshall Wace North America L.P., Tributary Capital Management LLC, Vanguard Group Inc., Dynamic Technology Lab Private Ltd and Quantitative Investment Management LLC. View Insider Buying and Selling for CalAmp Corp..

Shares of CalAmp Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of CalAmp Corp. stock can currently be purchased for approximately $20.42.