CalAmp Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CalAmp in the last year. There are currently 2 sell ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CalAmp stock. 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 analyst ratings for CalAmp or view top-rated stocks.

Wall Street analysts have given CalAmp a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CalAmp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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CalAmp saw a decline in short interest in January. As of January 15th, there was short interest totaling 1,100,000 shares, a decline of 14.7% from the December 31st total of 1,290,000 shares. Based on an average daily trading volume, of 241,100 shares, the days-to-cover ratio is currently 4.6 days.
View CalAmp's Short Interest.

CalAmp is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for CalAmp.

CalAmp Corp. (NASDAQ:CAMP) released its earnings results on Wednesday, December, 16th. The Wireless communications provider reported $0.07 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.05. The Wireless communications provider had revenue of $88.01 million for the quarter, compared to analysts' expectations of $82.98 million. CalAmp had a negative net margin of 30.51% and a negative trailing twelve-month return on equity of 4.85%. CalAmp's quarterly revenue was down 8.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.15 earnings per share.
View CalAmp's earnings history.

CalAmp's stock was trading at $6.10 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CAMP stock has increased by 92.5% and is now trading at $11.74.
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6 brokerages have issued 12 month price targets for CalAmp's shares. Their forecasts range from $5.00 to $13.00. On average, they expect CalAmp's share price to reach $10.04 in the next year. This suggests that the stock has a possible downside of 14.5%.
View analysts' price targets for CalAmp or view top-rated stocks among Wall Street analysts.

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

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), Viasat (VSAT), Calix (CALX), EchoStar (SATS), InterDigital (IDCC), Infinera (INFN), Plantronics (PLT), NETGEAR (NTGR) and Ribbon Communications (RBBN).
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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).

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

CalAmp's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.22%), Aristotle Capital Boston LLC (8.14%), Dimensional Fund Advisors LP (4.17%), Royce & Associates LP (4.02%), Sei Investments Co. (1.40%) and Assenagon Asset Management S.A. (1.18%). Company insiders that own CalAmp stock include Amal M Johnson, Jeffery R Gardner, 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 Paradigm Capital Management Inc. NY, Barclays PLC, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Aristotle Capital Boston LLC, Northern Trust Corp, Alliancebernstein L.P., and State of Wisconsin Investment Board.
View insider buying and selling activity for CalAmp or view top insider-selling stocks.

CAMP stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Royce & Associates LP, Kovack Advisors Inc., TriaGen Wealth Management LLC, Assenagon Asset Management S.A., SG Americas Securities LLC, Miracle Mile Advisors LLC, and GSA Capital Partners LLP. 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 or or view top insider-buying stocks.

Shares of CAMP 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.
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One share of CAMP stock can currently be purchased for approximately $11.74.

CalAmp has a market capitalization of $411.31 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 1,080 workers across the globe.

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

CalAmp is headquartered at 15635 Alton Parkway Suite 250, Irvine CA, 92618.

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]