Where Does Wall Street Think CalAmp Corp (CAMP) Stock Will Go?

Analysts who follow CalAmp Corp (CAMP) on average expect it to rise 726.37% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns the stock an Analyst Ranking of 5, which means it ranks higher than 5 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating CAMP a Hold today. Find out what this means to you and get the rest of the rankings on CAMP!

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Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With CalAmp Corp Stock Today?

CalAmp Corp (CAMP) stock is trading at $3.06 as of 2:20 PM on Friday, Mar 22, a gain of $0.05, or 1.66% from the previous closing price of $3.01. The stock has traded between $3.00 and $3.38 so far today. Volume today is 126,767 compared to average volume of 102,566. Click Here to get the full Stock Report for CalAmp Corp stock.