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.
Many analysts weighed in on price targets for CAMP. The maximum price target given was 28, which equates to a potential upside of 44.93 percent. The lowest price target was 17, implying a possible loss 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.
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. 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.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 5 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.
CAMP has traded between a high of 20.89 and a low of 12.13 over the past year. The current market price is above the trailing year's low by 59.27 percent, and below the high by 7.52 percent. 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 will post this quarters earnings in days, on 0000-00-00.