Stock To Watch: CalAmp Corp. (NASDAQ:CAMP)


The leading market experts have placed a mean price target of $22.57 on CalAmp Corp. (NASDAQ:CAMP) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.32 a share for the upcoming quarter and $1.24 for the current fiscal.

Technical View

The technical analysis of CalAmp Corp. plainly substantiates that the 50-day moving average of CalAmp Corp. is $14.48, and stock is trading $0.94 points away or +6.47% from its 50-day moving average of $14.48. Further it is trading $-0.51 or -3.20% away its 200-day moving average of $15.93. CalAmp Corp. (NASDAQ:CAMP) 52-week high is $21.35 and the 52-week low is $13.01.

This explains if the stock moves $-5.93, it will post a 52-week high. In event of +18.52% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of CalAmp Corp., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, CalAmp Corp. (NASDAQ:CAMP) ratio came in at 55.27.

The stock last ended the trading session at $15.42 and registered a market cap of $565.90M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. CalAmp Corp. (NASDAQ:CAMP) PEG ratio is at 0.60.

1 Chart Pattern Every Investor Should Know

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