CalAmp (NASDAQ:CAMP) will release its earnings data after the market closes on Thursday, April 22nd. Analysts expect CalAmp to post earnings of ($0.05) per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
Shares of CAMP stock opened at $10.75 on Wednesday. The business’s 50-day moving average price is $11.38 and its 200-day moving average price is $10.05. CalAmp has a 12 month low of $5.27 and a 12 month high of $12.33. The firm has a market capitalization of $376.63 million, a price-to-earnings ratio of -3.55 and a beta of 2.48. The company has a current ratio of 2.00, a quick ratio of 1.70 and a debt-to-equity ratio of 1.82.
A number of equities analysts have recently issued reports on the company. Zacks Investment Research upgraded CalAmp from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a research report on Tuesday, March 23rd. Canaccord Genuity lifted their target price on CalAmp from $13.00 to $14.00 and gave the stock a “buy” rating in a report on Wednesday, March 24th.
CalAmp Corp. provides in telematics systems, and software and subscription services in the United States, Latin America, Western Europe, Asia Pacific, the Middle East, Africa, and internationally. The company offers mobile resource management telematics devices for the Internet of Things market, which enable customers to optimize their operations by collecting, monitoring, and reporting business-critical information and desired intelligence from remote and mobile assets.
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