Tara buys CAMP 18.2: Equities analysts predict that CalAmp Corp. will post $1.11 EPS for the current fiscal year.

During the same period in the prior year, the business posted $0.19 earnings per share. The company reported $0.26 earnings per share for the quarter, hitting the consensus estimate of $0.26. The firm earned $65.40 million during the quarter. CalAmp Corp. ( NASDAQ:CAMP ) traded down 2.55% during midday trading on Friday, reaching $15.68. 166,325 shares of the company traded hands. It delivers products, software services and solutions for energy, government, transportation and automotive vertical markets. The Company has two business segments: Wireless DataCom and Satellite.


Deeann:
Equities research analysts predict that CalAmp Corp. will post $1.11 EPS for the current year.

Jann:
The company reported $0.26 EPS for the quarter, hitting the consensus estimate of $0.26. During the same quarter last year, the business posted $0.19 earnings per share.

Cierra:
Finally, Northland Securities reiterated a buy rating and set a $28.00 target price on shares of CalAmp Corp. in a research report on Thursday, July 2nd.

Suzy:
Riley reissued a buy rating and issued a $32.50 target price on shares of CalAmp Corp. in a report on Monday, June 22nd.

Dedra:
Several other research firms have also commented on CAMP.

Dora:
Canaccord Genuity currently has a $26.00 target price on the stock.

Gearldine:
Investors interested in the Internet of Things space, including investors in companies like Sierra Wireless Inc. (NASDAQ: SWIR) or CalAmp (NASDAQ: CAMP), may want to take a closer look at the stock ahead of its IPO given its unique focus on memory.

Lizzette:
The memory segment of the industry is expected to reach $1.7 billion by 2019, representing a 25% compound annual growth rate.

Thao:
These memory products have been incorporated into next-generation Internet-connected devices in consumer, industrial, medical, and wearable end markets.

Launa:
A replay of the webcast will be available for 30 days after the call.

Calamp (NASDAQ:CAMP)
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