NASDAQ:CAMP - CalAmp Stock Price, Forecast & News

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

CalAmp Corp. (NASDAQ:CAMP) issued its quarterly earnings data on Thursday, December, 19th. The Wireless communications provider reported $0.15 EPS for the quarter, hitting the Thomson Reuters' 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%. CalAmp's revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 earnings per share. 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 equities research analysts have issued 1-year target prices for CalAmp's shares. Their forecasts range from $11.00 to $20.00. On average, they expect CalAmp's share price to reach $14.67 in the next twelve months. This suggests a possible upside of 52.6% 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.

Media headlines about CAMP stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. CalAmp earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media stories about the Wireless communications provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few 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 daily trading volume, of 388,800 shares, the days-to-cover ratio is currently 6.2 days. Currently, 7.4% of the company's stock are short sold. 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), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), ViaSat (VSAT), Echostar (SATS), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Plantronics (PLT), Extreme Networks (EXTR) and Comtech Telecomm. (CMTL).

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), Bank of America (BAC), IQIYI (IQ), 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 Tributary Capital Management LLC (2.48%), California Public Employees Retirement System (0.77%), Falcon Point Capital LLC (0.20%), First National Bank of Omaha (0.16%), Arizona State Retirement System (0.07%) and Assenagon Asset Management S.A. (0.05%). 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 Assenagon Asset Management S.A., Falcon Point Capital LLC, California Public Employees Retirement System, Tributary Capital Management LLC and Arizona State Retirement System. View Insider Buying and Selling for CalAmp.

CAMP stock was purchased by a variety of institutional investors in the last quarter, including First National Bank of Omaha. 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 $9.61.

CalAmp has a market capitalization of $328.27 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]