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 most optimistic analyst gave a price target of 28, which equates to a potential upside of 44.93 percent. The minimum price target given was 17, which equates to a potential downside of -12.01 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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. Meanwhile, fiscal year estimates have been revised downwards by -1.76 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.76 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 5 analysts that decreased their estimates. Also over the last month, 3 analysts increased their estimates for the FY 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 below the 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 market cap of CAMP is $0.68529 billion. CAMP's next earnings release will be on 0000-00-00, which is days away.