CAlAmp Corp. (CAMP) to Release Quarterly Earnings on Wednesday
CAlAmp Corp. (NASDAQ:CAMP) will post its Q214 quarterly earnings results on Wednesday, October 2nd. Analysts expect CAlAmp Corp. to post earnings of $0.16 per share and revenue of $54.80 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
Shares of CAlAmp Corp. (NASDAQ:CAMP) opened at 17.61 on Tuesday. CAlAmp Corp. has a one year low of $7.65 and a one year high of $17.88. The stock’s 50-day moving average is $16. and its 200-day moving average is $13.75. The company has a market cap of $608.7 million and a P/E ratio of 12.74.
CAMP has been the subject of a number of recent research reports. Analysts at Northland Securities raised their price target on shares of CAlAmp Corp. (NASDAQ:CAMP) from $15.25 to $19.00 in a research note to investors on Thursday, August 8th. They now have a “positive” rating on the stock. Analysts at Northland Capital Partners raised their price target on shares of CAlAmp Corp. (NASDAQ:CAMP) from $15.25 to $19.00 in a research note to investors on Thursday, August 8th. They now have an “outperform” rating on the stock. Five investment analysts have rated the stock with a buy rating, CAlAmp Corp. has an average rating of “Buy” and an average target price of $18.00.
In other CAlAmp Corp. news, CFO Richard Vitelle sold 10,000 shares of the company’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $17.20, for a total transaction of $172,000.00. Following the completion of the sale, the chief financial officer now directly owns 322,516 shares of the company’s stock, valued at approximately $5,547,275. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
CalAmp Corp. (NASDAQ:CAMP) develops and markets wireless technology solutions that deliver data, voice and video for critical networked communications and other applications.
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