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.
CAMP was given price targets by several analysts. The most optimistic analyst gave a price target of 28, implying a possible profit of 44.93 percent. The minimum price target given was 17, which equates to a potential downside of -12.01 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -11.42 percent. The average change in earnings estimates over the last 90 days is -11.42 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.76 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.76 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, 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 made negative revisions to their fiscal year's estimates.
In the trailing 52-weeks, CAMP hit 20.89 at the highest peak, while it's lowest trading point was 12.13. The current market price is above the trailing year's low by 59.27 percent, and 7.52 percent lower than its 52-week high. CAMP has a P/E 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's next earnings release will be on 0000-00-00, which is days away.