Alert: Negative Investment/Fundamental Signals (9/30/20)-CalAmp Corp (NASDAQ: CAMP)


Recent exceptional negative changes in investment behavior have affected CalAmp Corp (NASDAQ: CAMP): the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and negative upside/downside volume developed.

Recent minimal negative changes in fundamentals have impacted CalAmp Corp (NASDAQ: CAMP): significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

CAMP’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

CalAMP has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. CalAMP has a good Appreciation Score of 70 but a neutral Power Rating of 49, with the Positive Value Trend Rating the result.

Recent Price Action

CalAmp Corp (NASDAQ: CAMP) stock closed at $7.19 on 9/30/20 after a large decline of -3.0%. NORMAL trading volume accompanied the decline. The stock has declined -14.3% during the last week and has performed in line with the market over the last nine months.

About John Lafferty 94415 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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