CalAmp Stock Price, News & Analysis (NASDAQ:CAMP)

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

CalAmp Corp. (NASDAQ:CAMP) announced its earnings results on Thursday, September, 26th. The Wireless communications provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.11. The Wireless communications provider had revenue of $93.20 million for the quarter, compared to analyst estimates of $91.50 million. CalAmp had a positive return on equity of 9.04% and a negative net margin of 1.50%. The business's revenue was down 2.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.31 EPS. View CalAmp's Earnings History.

CalAmp is scheduled to release their next quarterly earnings announcement on Thursday, December 19th 2019. View Earnings Estimates for CalAmp.

CalAmp issued an update on its third quarter earnings guidance on Thursday, September, 26th. The company provided earnings per share guidance of $0.11-$0.17 for the period, compared to the Thomson Reuters consensus estimate of $0.20. The company issued revenue guidance of $92-$98 million, compared to the consensus revenue estimate of $94.76 million.

7 analysts have issued twelve-month price targets for CalAmp's shares. Their forecasts range from $11.00 to $28.00. On average, they anticipate CalAmp's share price to reach $19.71 in the next twelve months. This suggests a possible upside of 78.2% 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, 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CalAmp.

News articles about CAMP stock have trended somewhat negative on Thursday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. CalAmp earned a news impact score of -1.9 on InfoTrie's scale. They also gave news headlines about the Wireless communications provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for CalAmp.

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

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

CalAmp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (2.68%), Assenagon Asset Management S.A. (0.58%), Campbell & CO Investment Adviser LLC (0.11%) and State of Alaska Department of Revenue (0.08%). Company insiders that own CalAmp stock include Garo Sarkis Sarkissian, Kimberly Alexy, 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 Assenagon Asset Management S.A. and Tributary Capital Management LLC. View Insider Buying and Selling for CalAmp.

CAMP stock was acquired by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC and State of Alaska Department of Revenue. 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 $11.07.

CalAmp has a market capitalization of $377.54 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]