Hot Performer of the day: CalAmp Corp. (NASDAQ:CAMP)

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earnings estimates

CalAmp Corp. (NASDAQ:CAMP) belonging to the Computer and Technology sector which declined -2.94% and closed its last trading session at $13.54.

The company reported its last EPS on 8/31/2016 and is expected to report its next EPS on 12/27/2016. Currently, the stock has a 1 Year Price Target of $19.86.

The consensus recommendation, according to Zacks Investment research, is 1.44. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 1.22 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.25 and 1.25 respectively.

CalAmp Corp. on 8/31/2016 reported its EPS as $0.27 with the analysts projecting the EPS of the stock as $0.27. The company beat the analyst EPS Estimate with the difference of $0. This shows a surprise factor of 0%.

Many analysts have provided their estimated foresights on CalAmp Corp. Earnings, with 7 analysts believing the company would generate an Average Estimate of $0.26. Whereas they predicted High and Low Earnings Estimate as $0.28 and $0.24 respectively. While in the same Quarter Previous year, the Actual EPS was $0.31.

Analysts are also projecting an Average Revenue Estimate for CalAmp Corp. as $85.2 Million in the Current Quarter. This estimate is provided by 8 analysts. The High Revenue estimate is predicted as 95 Million, while the Low Revenue Estimate prediction stands at 83 Million. The company’s last year sales total was 74.68 Million.

For the Current Quarter, the growth estimate for CalAmp Corp. is -16.1%, while for the Next Quarter the stock growth estimate is -12.5%. In the past 5 years, the stock showed growth of 47.93% per annum. While for the next 5 years, the growth estimate is 20%.

The Company got Downgrade by Aegis Capital on 3-Oct-16 from Buy to Hold.

Insider Trades for CalAmp Corp. show that the latest trade was made on 5 Sep 2016 where Vitelle (Richard K), the Chief Financial Officer completed a transaction type “Sell” in which 4599 shares were traded at a price of $15.01.

Over the period of 6 months, Insider Purchases show a total of 2 transaction in which 2000 shares were traded. 3 Insider Sales transactions were made totaling 13987 shares traded.

7 analysts projected Price Targets for CalAmp Corp. The analysts believe that the company stock price could grow as high as $25. The Low Price target projection by analysts is $16 and the Mean Price Target is $19.86.

CalAmp Corp. (NASDAQ:CAMP) has the market capitalization of $585.33 Million. The company rocked its 52-Week High of $21.35 on Dec 24, 2015 and touched its 52-Week Low of $13.01 on Jun 29, 2016. The stock has Return on Assets (ROA) of 1.8 percent. Return on Equity (ROE) stands at 3.9% and Return on Investment (ROI) of 7.1 percent.

The stock is currently showing YTD performance of -32.06 Percent. The company has Beta Value of 1.21 and ATR value of 0.5. The Weekly and Monthly Volatility stands at 3.41% and 2.35%.

Company profile:

CalAmp Corp. is a leading provider of wireless communications products that enable anytime/anywhere access to critical information, data and entertainment content. With comprehensive capabilities ranging from product design and development through volume production, CalAmp delivers cost-effective high quality solutions to a broad array of customers and end markets. CalAmp is the leading supplier of Direct Broadcast Satellite outdoor customer premise equipment to the U.S. satellite television market. The Company also provides wireless data communication solutions for the telemetry and asset tracking markets, private wireless networks, public safety communications and critical infrastructure and process control applications.