CalAmp Corp. (NASDAQ:CAMP) has a mean price target of $22.29 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.31 a share for the very next quarter and $1.23 for this year.
The technical study of CalAmp Corp. demonstrates that the 50-day moving average of CalAmp Corp. (NASDAQ:CAMP) stock is $14.95, and is trading $0.29 points away or +1.95% from 50-day moving average of $14.95. It is trading $-0.32 or -2.03% away 200-day moving average of $15.56.
The 52-week high of CalAmp Corp. (NASDAQ:CAMP) was $21.35 while $13.01 is the low mark in the same period. It state CalAmp Corp. share price has to surge more than $-6.11 to hit 52-week high or drop +17.14% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of CalAmp Corp., investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. CalAmp Corp. (NASDAQ:CAMP) ratio came in at 54.62, after dividing current equity price by yearly earnings. CalAmp Corp. stock recorded a close of $15.24 in last trading session, registering a market cap of $559.29M.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. CalAmp Corp. (NASDAQ:CAMP) PEG ratio is at 0.61.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...