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Calamos Asset Management (NASDAQ:CLMS) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report issued on Monday. The firm currently has a $14.50 target price on the stock. Zacks‘s target price indicates a potential upside of 6.93% from the company’s current price.

A number of other analysts have also recently weighed in on CLMS. Analysts at Keefe, Bruyette & Woods downgraded shares of Calamos Asset Management from a “market perform” rating to an “underperform” rating in a research note on Monday. They now have a $11.75 price target on the stock. Analysts at TheStreet downgraded shares of Calamos Asset Management from a “buy” rating to a “hold” rating in a research note on Monday, April 28th.

Shares of Calamos Asset Management (NASDAQ:CLMS) traded down 2.36% on Monday, hitting $13.24. 97,742 shares of the company’s stock traded hands. Calamos Asset Management has a 52 week low of $9.46 and a 52 week high of $13.89. The stock’s 50-day moving average is $13.18 and its 200-day moving average is $12.42. The company has a market cap of $271.8 million and a price-to-earnings ratio of 15.51.

Calamos Asset Management (NASDAQ:CLMS) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.20 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.12 by $0.08. The company had revenue of $63.90 million for the quarter, compared to the consensus estimate of $64.99 million. During the same quarter last year, the company posted $0.24 earnings per share. Calamos Asset Management’s revenue was down 10.0% compared to the same quarter last year. On average, analysts predict that Calamos Asset Management will post $0.52 earnings per share for the current fiscal year.

Calamos Asset Management, Inc (NASDAQ:CLMS) is a holding company.

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