S&P 500   5,254.35
DOW   39,807.40
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
S&P 500   5,254.35
DOW   39,807.40
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
S&P 500   5,254.35
DOW   39,807.40
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
S&P 500   5,254.35
DOW   39,807.40
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
NASDAQ:CAMP

CalAmp (CAMP) Stock Price, News & Analysis

$3.24
-0.10 (-2.99%)
(As of 03/28/2024 ET)
Today's Range
$3.23
$3.39
50-Day Range
$2.38
$4.26
52-Week Range
$2.29
$82.57
Volume
13,475 shs
Average Volume
49,562 shs
Market Capitalization
$5.35 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$63.25

CalAmp MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
1,810.9% Upside
$63.25 Price Target
Short Interest
Healthy
6.53% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.29
Upright™ Environmental Score
News Sentiment
0.78mentions of CalAmp in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($10.81) to ($1.15) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.08 out of 5 stars

CAMP stock logo

About CalAmp Stock (NASDAQ:CAMP)

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.

CAMP Stock Price History

CAMP Stock News Headlines

Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
CalAmp Stock (NASDAQ:CAMP), Quotes and News Summary
$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
CAMP Feb 2024 2.500 put
ABUS, PI and CAMP are among after hour movers
Earnings Preview: CalAmp
CalAmp Names Chris Adams Chief Executive
CalAmp Corp (CF3.BE)
New Recommendation (November 30, 2023)
CalAmp Corp CAMP
See More Headlines
Receive CAMP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for CalAmp and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
1/09/2024
Today
3/29/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
2/28/2025

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:CAMP
CUSIP
12812610
Employees
644
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$63.25
High Stock Price Target
$115.00
Low Stock Price Target
$11.50
Potential Upside/Downside
+1,810.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-32,490,000.00
Pretax Margin
-37.89%

Debt

Sales & Book Value

Annual Sales
$294.95 million
Cash Flow
$6.49 per share
Book Value
$8.90 per share

Miscellaneous

Free Float
1,632,000
Market Cap
$5.46 million
Optionable
Optionable
Beta
2.02

Social Links

10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Mr. Jikun Kim (Age 60)
    Senior VP & CFO
    Comp: $292k
  • Ms. Xiaolian Zhang
    Senior VP of Financial Planning & Analysis
  • Mr. Chris Adams
    President & CEO
  • Mr. Mark Gaydos
    Chief Marketing & Product Officer
  • Mr. Christian Horne
    Vice President of Sales
  • Mr. Michael P. Zachan (Age 75)
    Senior VP & GM of Wireless Networks Business Unit
  • Ms. Monica Duran Van Berkel (Age 55)
    Senior Vice President
  • Mr. Nathan Lowstuter (Age 50)
    Senior VP & Chief Supply Chain Officer
  • Mr. Maurizio Iperti
    President of Automotive
  • Mr. Brett Jackson
    Senior Vice President of Transportation & Logistics

CAMP Stock Analysis - Frequently Asked Questions

Should I buy or sell CalAmp stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CalAmp in the last twelve months. There are currently 2 hold ratings 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 target for 2024?

3 Wall Street research analysts have issued twelve-month price objectives for CalAmp's stock. Their CAMP share price targets range from $11.50 to $115.00. On average, they anticipate the company's share price to reach $63.25 in the next twelve months. This suggests a possible upside of 1,810.9% 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 2024?

CalAmp's stock was trading at $5.7730 at the beginning of 2024. Since then, CAMP shares have decreased by 42.7% and is now trading at $3.31.
View the best growth stocks for 2024 here
.

Are investors shorting CalAmp?

CalAmp saw a decline in short interest in March. As of March 15th, there was short interest totaling 103,200 shares, a decline of 10.3% from the February 29th total of 115,100 shares. Based on an average trading volume of 146,000 shares, the days-to-cover ratio is presently 0.7 days. Currently, 6.5% of the company's shares are short sold.
View CalAmp's Short Interest
.

When is CalAmp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our CAMP earnings forecast
.

How were CalAmp's earnings last quarter?

CalAmp Corp. (NASDAQ:CAMP) posted its quarterly earnings data on Tuesday, January, 9th. The Wireless communications provider reported ($0.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by $0.05. The Wireless communications provider had revenue of $53.63 million for the quarter, compared to the consensus estimate of $51.80 million. CalAmp had a negative net margin of 38.28% and a negative trailing twelve-month return on equity of 51.60%.

When did CalAmp's stock split?

Shares of CalAmp reverse split before market open on Friday, February 2nd 2024. The 1-23 reverse split was announced on Friday, February 2nd 2024. The number of shares owned by shareholders was adjusted after the market closes on Friday, February 2nd 2024. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

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).

Who are CalAmp's major shareholders?

CalAmp's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (100.28%), Vanguard Group Inc. (100.09%), Luminus Management LLC (98.99%), GSA Capital Partners LLP (53.67%), TriaGen Wealth Management LLC (0.59%) and Citadel Advisors LLC (0.00%). Insiders that own company stock include B Riley Asset Management, Llc, Jeffery R Gardner, Kurtis Joseph Binder and Wes Cummins.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NASDAQ:CAMP) was last updated on 3/29/2024 by MarketBeat.com Staff

From Our Partners