News headlines about CalAmp Corp. (NASDAQ:CAMP) have trended positive this week, Alpha One reports. The research firm, a subsidiary of Accern, identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CalAmp Corp. earned a daily sentiment score of 0.27 on Alpha One’s scale. Alpha One also assigned news headlines about the Wireless communications provider an impact score of 66 out of 100, meaning that recent media coverage is likely to have an effect on the company’s share price in the next few days.
These are some of the headlines that may have effected AlphaOne’s scoring:
- Q1 2018 EPS Estimates for CalAmp Corp. (CAMP) Lowered by First Analysis (americanbankingnews.com)
- Why CalAmp Corp. Shares Popped Today (finance.yahoo.com)
- Why CalAmp, Lithia Motors, and Lam Research Jumped Today (finance.yahoo.com)
- Calamp Corp. (CAMP) Tops Q4 EPS by 1c (streetinsider.com)
- CalAmp Corp. (CAMP) Has Climbed To A New High After Q4 Report (nasdaq.com)
A number of analysts have recently commented on CAMP shares. Zacks Investment Research downgraded CalAmp Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, January 17th. William Blair restated a “market perform” rating on shares of CalAmp Corp. in a research note on Monday, December 26th. Canaccord Genuity restated a “buy” rating and issued a $23.00 target price on shares of CalAmp Corp. in a research note on Monday, March 6th. Sidoti downgraded CalAmp Corp. from a “buy” rating to a “neutral” rating in a research note on Wednesday, March 22nd. Finally, B. Riley restated a “buy” rating and issued a $22.00 target price on shares of CalAmp Corp. in a research note on Monday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. CalAmp Corp. presently has a consensus rating of “Hold” and a consensus price target of $19.29.
Shares of CalAmp Corp. (NASDAQ:CAMP) traded down 0.06% during trading on Thursday, reaching $18.00. The company’s stock had a trading volume of 856,389 shares. CalAmp Corp. has a 52 week low of $12.13 and a 52 week high of $18.35. The firm has a market capitalization of $637.42 million, a P/E ratio of 360.00 and a beta of 1.36. The company has a 50 day moving average price of $16.56 and a 200 day moving average price of $15.14.
CalAmp Corp. (NASDAQ:CAMP) last posted its earnings results on Tuesday, April 18th. The Wireless communications provider reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. CalAmp Corp. had a return on equity of 19.30% and a net margin of 0.55%. The firm had revenue of $86.10 million for the quarter, compared to analyst estimates of $86.01 million. During the same quarter in the prior year, the company earned $0.32 EPS. CalAmp Corp.’s revenue was up 21.6% on a year-over-year basis. On average, equities research analysts expect that CalAmp Corp. will post $1.21 EPS for the current fiscal year.
In related news, SVP Garo Sarkis Sarkissian sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, January 26th. The stock was sold at an average price of $15.19, for a total value of $151,900.00. Following the sale, the senior vice president now owns 205,680 shares of the company’s stock, valued at approximately $3,124,279.20. The transaction was disclosed in a filing with the SEC, which is available through this link. 5.00% of the stock is currently owned by corporate insiders.
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CalAmp Corp. Company Profile
CalAmp Corp. (CalAmp) is a provider of wireless communications solutions for a range of applications to customers globally. The Company operates through two business segments: Wireless DataCom and Satellite. The Company’s Wireless DataCom segment offers solutions for mobile resource management (MRM) applications, the machine-to-machine (M2M) communications space and other markets that require connectivity anytime and anywhere.
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