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


The leading market experts have placed a mean price target of $22.50 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 $0.28 a share for the upcoming quarter and $1.22 for the current fiscal. Technical View The technical analysis of CalAmp Corp. plainly substantiates that the 50-day moving average of CalAmp Corp. is $14.66, and stock is hovering -0.68 or -4.62% distant from $14.66. It is noted that the 200-day MA is $16.89, and CalAmp Corp. stock is $-2.91 or -17.21% off from this point. CalAmp Corp. (NASDAQ:CAMP) 52-week high is $21.35 and the 52-week low is $13.59. This explains if the stock moves $-7.37, it will post a 52-week high. In event of $+2.87% points 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 30.39. The stock last ended the trading session at $13.98 and registered a market cap of $511.75M. 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 0.61.

1 Chart Pattern Every Investor Should Know

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