Analyst Ratings for CalAmp Corp. (CAMP)Updated: 2017-07-28
An average rating of Overweight has been given to CalAmp Corp. (NASDAQ:CAMP) by analysts covering the stock. Last month, CAMP received an average rating of Overweight.
A buy rating was issued by 5 analysts, 0 gave an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for CAMP. The maximum price target given was 28, implying a possible profit of 44.93 percent. The most pessimistic price target was 17, implying potential capital losses of -12.01 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -11.42 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -11.42 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.76 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -1.76 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 5 analysts revised their estimates downwards. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts decreased their estimates.
In the last 52-weeks, CAMP has achieved a high of 20.89 and a low of 12.13. Currently the stock is 59.27 percent higher than its low, and 7.52 percent lower than its 52-week high. CAMP has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The CAMP value stock report compares CAMP to some of its peers using value stock charts. The stock has a market capitalization of $0.68529 billion. CAMP will post this quarters earnings in days, on 0000-00-00.