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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Sell every Stock except ONE (Ad)
UK travelers face hours-long waits for ferries to France
'War of the states': EV, chip makers lavished with subsidies
The "King Of Quants" sees 10X potential... (Ad)
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
The "King Of Quants" sees 10X potential... (Ad)
Shipbuilder Austal executives accused of inflating earnings
No more room for vroom? Paris votes on banishing e-scooters
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Sell every Stock except ONE (Ad)
UK travelers face hours-long waits for ferries to France
'War of the states': EV, chip makers lavished with subsidies
The "King Of Quants" sees 10X potential... (Ad)
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
The "King Of Quants" sees 10X potential... (Ad)
Shipbuilder Austal executives accused of inflating earnings
No more room for vroom? Paris votes on banishing e-scooters
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Sell every Stock except ONE (Ad)
UK travelers face hours-long waits for ferries to France
'War of the states': EV, chip makers lavished with subsidies
The "King Of Quants" sees 10X potential... (Ad)
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
The "King Of Quants" sees 10X potential... (Ad)
Shipbuilder Austal executives accused of inflating earnings
No more room for vroom? Paris votes on banishing e-scooters
NASDAQ:CAMP

CalAmp - CAMP Stock Forecast, Price & News

$3.59
+0.11 (+3.16%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$3.50
$3.59
50-Day Range
$3.05
$4.80
52-Week Range
$2.91
$7.62
Volume
65,545 shs
Average Volume
148,670 shs
Market Capitalization
$132.72 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.85

CalAmp MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
90.8% Upside
$6.85 Price Target
Short Interest
Healthy
3.44% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.29
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$201,600 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.39) to $0.02 Per Share

Overall MarketRank

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

2.09 out of 5 stars

Computer And Technology Sector

352nd out of 608 stocks

Radio & T.V. Communications Equipment Industry

12th out of 26 stocks


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

Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
CalAmp to cut 8% of its workforce in restructuring
Why CalAmp (CAMP) Stock Is Falling After Hours
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
CalAmp rises after director buys shares - Seeking Alpha
See More Headlines
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CAMP Company Calendar

Last Earnings
12/21/2021
Today
4/02/2023
Next Earnings (Estimated)
4/27/2023
Fiscal Year End
2/29/2024

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:CAMP
CUSIP
12812610
Employees
887
Year Founded
1981

Price Target and Rating

Average Stock Price Forecast
$6.85
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$3.70
Forecasted Upside/Downside
+90.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-27,990,000.00
Pretax Margin
-11.48%

Debt

Sales & Book Value

Annual Sales
$284.82 million
Cash Flow
$0.78 per share
Book Value
$2.10 per share

Miscellaneous

Free Float
34,528,000
Market Cap
$132.72 million
Optionable
Optionable
Beta
2.03

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
  • Anand Rau
    Chief Technology Officer & Senior Vice President
  • Monica D. van Berkel
    Chief People Officer & Senior Vice President













CAMP Stock - Frequently Asked Questions

Should I buy or sell CalAmp stock right now?

2 Wall Street research 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 research 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 twelve-month price targets for CalAmp's stock. Their CAMP share price forecasts range from $3.70 to $10.00. On average, they predict the company's share price to reach $6.85 in the next twelve months. This suggests a possible upside of 90.8% 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 19.9% and is now trading at $3.59.
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, April 27th 2023.
View our CAMP earnings forecast
.

How were CalAmp's earnings last quarter?

CalAmp Corp. (NASDAQ:CAMP) released its quarterly earnings data on Tuesday, December, 21st. The Wireless communications provider reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by $0.16. The Wireless communications provider had revenue of $68.78 million for the quarter, compared to analyst estimates of $77.56 million. CalAmp had a negative net margin of 11.79% and a negative trailing twelve-month return on equity of 40.90%. The business's revenue for the quarter was down 12.4% compared to the same quarter last year. During the same period last 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).Invesco Nasdaq Future Gen 200 ETF (QQQS).

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."

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 $3.59.

How much money does CalAmp make?

CalAmp (NASDAQ:CAMP) has a market capitalization of $132.72 million and generates $284.82 million in revenue each year. The Wireless communications provider earns $-27,990,000.00 in net income (profit) each year or ($0.94) 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 4/2/2023 by MarketBeat.com Staff