$0.24 EPS Expected for CalAmp Corp. (CAMP)

December 9, 2017 – By Hazel Jackson

Investors sentiment decreased to 1.24 in Q2 2017. Its down 0.12, from 1.36 in 2017Q1. It turned negative, as 10 investors sold CalAmp Corp. shares while 39 reduced holdings. 16 funds opened positions while 45 raised stakes. 24.28 million shares or 1.94% less from 24.76 million shares in 2017Q1 were reported.
Van Hulzen Asset Limited Company has invested 0.11% of its portfolio in CalAmp Corp. (NASDAQ:CAMP). Blackrock holds 4.28M shares. State Street holds 891,016 shares. Pennsylvania-based Cim Mangement has invested 0.14% in CalAmp Corp. (NASDAQ:CAMP). Federated Pa reported 0.01% of its portfolio in CalAmp Corp. (NASDAQ:CAMP). 914,190 were reported by Falcon Point Cap Ltd Liability Co. Walleye Trading Ltd Liability Corporation owns 14,431 shares. Wells Fargo Company Mn holds 87,032 shares. Geode Limited Company holds 0% or 302,272 shares. Swiss Comml Bank owns 59,500 shares or 0% of their US portfolio. Credit Suisse Ag reported 18,315 shares or 0% of all its holdings. Polaris Greystone Fin Gru Lc holds 0.12% of its portfolio in CalAmp Corp. (NASDAQ:CAMP) for 51,622 shares. Mason Street Advsr Limited Liability Co stated it has 8,717 shares or 0% of all its holdings. Voya Lc has 0.04% invested in CalAmp Corp. (NASDAQ:CAMP) for 878,417 shares. Pathstone Family Office Ltd Llc holds 0% or 21 shares.

Analysts expect CalAmp Corp. (NASDAQ:CAMP) to report $0.24 EPS on December, 20.They anticipate $0.06 EPS change or 33.33 % from last quarter’s $0.18 EPS. CAMP’s profit would be $8.54 million giving it 22.96 P/E if the $0.24 EPS is correct. After having $0.23 EPS previously, CalAmp Corp.’s analysts see 4.35 % EPS growth. The stock decreased 0.32% or $0.07 during the last trading session, reaching $22.04. About 110,369 shares traded. CalAmp Corp. (NASDAQ:CAMP) has risen 30.70% since December 9, 2016 and is uptrending. It has outperformed by 14.00% the S&P500.

CalAmp Corp. (NASDAQ:CAMP) Ratings Coverage

Among 11 analysts covering CalAmp (NASDAQ:CAMP), 5 have Buy rating, 2 Sell and 4 Hold. Therefore 45% are positive. CalAmp had 26 analyst reports since December 7, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, June 28 by Craig Hallum. The rating was downgraded by Sidoti to “Neutral” on Tuesday, March 22. The rating was downgraded by J.P. Morgan to “Sell” on Wednesday, October 4. The rating was upgraded by Sidoti on Monday, May 9 to “Buy”. Aegis Capital downgraded the shares of CAMP in report on Monday, October 3 to “Hold” rating. Canaccord Genuity maintained it with “Buy” rating and $26.0 target in Sunday, November 12 report. The stock of CalAmp Corp. (NASDAQ:CAMP) earned “Outperform” rating by Northland Capital on Tuesday, March 22. As per Monday, August 28, the company rating was initiated by J.P. Morgan. Canaccord Genuity maintained it with “Buy” rating and $26.0 target in Thursday, September 28 report. Northland Capital maintained the stock with “Buy” rating in Monday, September 18 report.

CalAmp Corp. provides Internet of Things enablement solutions for various mobile and fixed applications worldwide. The company has market cap of $784.66 million. The firm provides solutions for mobile resource management and applications for the IoT market, which enable clients in the transportation, government, construction, automotive, and energy markets to optimize their activities by collecting, monitoring, and reporting business-critical data and desired intelligence from remote and mobile assets. It has a 204.07 P/E ratio. It also offers a portfolio of wireless communications products, such as asset tracking devices, mobile telemetry units, fixed and mobile wireless gateways, and multi-mode wireless routers; and cloud telematics software-as-a-service and platform-as-a-service applications.

More notable recent CalAmp Corp. (NASDAQ:CAMP) news were published by: Fool.com which released: “Time to Get Greedy With CalAmp Corp. Stock” on September 20, 2017, also Fool.com with their article: “5 Things CalAmp Corp. Management Wants You to Know” published on October 02, 2017, Fool.com published: “Why CalAmp Corp. Stock Popped Today” on September 29, 2017. More interesting news about CalAmp Corp. (NASDAQ:CAMP) were released by: Fool.com and their article: “Better Buy: CalAmp Corp. vs. General Electric” published on September 27, 2017 as well as Fool.com‘s news article titled: “Why CalAmp Corp. Stock Jumped 25.4% in September” with publication date: October 07, 2017.