CalAmp Corp is FAIRLY VALUED at 10.77 per share with modest projections ahead. CalAmp Corp appears to be somewhat reliable, given 1 month investment horizon.
CalAmp Corp secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had 0.13% of return per unit of risk over the last month. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock specific
technical indicators that cannot be
diversified away. We have found twenty-eight
technical indicators for CalAmp Corp, which you can use to evaluate future volatility of the firm. Please makes use of CalAmp Corp Risk Adjusted Performance of 0.1655,
downside deviation of 3.17, and Mean Deviation of 2.2 to double-check if our risk estimates are consistent with your expectations.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include CalAmp Corp income statement, its balance sheet, and the statement of cash flows. Potential CalAmp Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although CalAmp Corp investors may use each financial statement separately, they are all related. The changes in CalAmp Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CalAmp Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of CalAmp Corp
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of CalAmp Corp performance into the future periods or doing a reasonable stock valuation. The intrinsic value of CalAmp Corp shares is the value that is considered the true value of the share. If
the intrinsic value of CalAmp is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares CalAmp Corp. Please read more on our
fundamental analysis page.
How effective is CalAmp Corp in utilizing its assets?
CalAmp Corp reports assets on its Balance Sheet. It represents the amount of CalAmp resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, CalAmp Corp aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Communications Equipment space. To get a better handle on how balance sheet or income statements item affect CalAmp volatility, please check the breakdown of all its
fundamentals.
Are CalAmp Corp Earnings Expected to grow?
The
future earnings power of CalAmp Corp involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of CalAmp Corp factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. CalAmp Corp
stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of CalAmp
expected earnings.
CalAmp Corp Gross Profit
CalAmp Corp Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing CalAmp Corp previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show CalAmp Corp Gross Profit growth over the last 10 years. Please check CalAmp Corp's
gross profit and other
fundamental indicators for more details.
Breaking it down
Institutional investors typically avoid acquiring a high percentage of CalAmp Corp stocks because performing such an act may violate securities laws. They are usually not investing their own money, but rather making investments on behalf of their clients. Let's take a look at how the ownership of CalAmp is distributed among investors.
Ownership Allocation
CalAmp Corp holds a total of thirty-five million twenty thousand
outstanding shares. The majority of CalAmp Corp
outstanding shares are owned by
other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in CalAmp Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in CalAmp Corp. Please pay attention to any change in the institutional holdings of CalAmp Corp as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
| Retail Investors20.68% | | Institutions76.53% |
| Retail Investors | 20.68 |
| Insiders | 2.79 |
| Institutions | 76.53 |
| 2017 | 2018 | 2019 | 2020 (projected) |
Interest Expense | 10.28 M | 16.73 M | 20.1 M | 21.68 M | Gross Profit | 150.89 M | 147.76 M | 143.3 M | 128.39 M |
Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. CalAmp Corp has an asset utilization ratio of 90.42 percent. This suggests that the company is making $0.9 for each dollar of assets. An increasing asset utilization means that CalAmp Corp is more efficient with each dollar of assets it utilizes for everyday operations.
| Current Assets222.7 M | Assets Non Current278.3 M | Goodwill164.2 M | |
| Current Assets | 222.73 Million | 33.25 |
| Assets Non Current | 278.3 Million | 41.55 |
| Goodwill | 164.25 Million | 24.52 |
| Tax Assets | 4.55 Million | 0.68 |
CalAmp Corp is likely to close below $11.01 next week
Recent value at risk indicator falls down to -4.19. Possible price boost? As of the 17th of December 2020, CalAmp Corp shows the Risk Adjusted Performance of 0.1655,
mean deviation of 2.2, and Downside Deviation of 3.17. CalAmp Corp
technical analysis gives you the methodology to make use of
historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of
historical prices and volume momentum, or the prices will eventually revert. We have collected data for nineteen
technical drivers for CalAmp Corp, which can be compared to its rivals. Please confirm
CalAmp Corp downside deviation,
jensen alpha, as well as the
relationship between the Jensen Alpha and
downside variance to decide if CalAmp Corp is priced correctly, providing market reflects its regular price of 10.79 per share. Given that CalAmp Corp has
jensen alpha of 0.253, we suggest you to validate CalAmp Corp's prevailing market performance to make sure the company can sustain itself at a future point.
Our Takeaway on CalAmp Corp Investment
Although some other companies in the communication equipment industry are either recovering or due for a correction, CalAmp Corp may not be performing as strong as the other in terms of long-term growth potentials. With a less-than optimistic outlook for your 30 days horizon, it may be a good time to trade some or all of your CalAmp Corp holdings as it seems the potential growth was already fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to CalAmp Corp.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of CalAmp Corp. Please refer to our
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