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NEW YORK (TheStreet) -- CalAmp Corp. (CAMP) - Get CalAmp Corp. Report stock is falling by 8.97% to $17.50 on heavy trading volume on Tuesday afternoon, after the Oxnard, CA-based company lowered its revenue outlook for the fiscal fourth quarter ended February 29, 2016.

After yesterday's market close, the wireless communications solutions provider said it now expects revenue of about $71 million compared its previous estimate of $73 million to $78 million.

Analysts are looking for revenue of $75.9 million.

"Fiscal 2016 fourth quarter revenue was lower than expected, primarily due to mobile resource management (MRM) product supply constraints and the slow responsiveness of a supply chain partner following the Chinese New Year. This situation was exacerbated by irregular order flow for MRM products following the year-end holidays," CEO Michael Burdiek said in a statement.

For the first quarter, CalAmp projects revenue between $86 million and $94 million, which includes 10 weeks of revenue from its recent acquisition of LoJack Corp. Analysts are forecasting revenue of $74.95 million.

About 1.41 million of the company's shares changed hands so far today, well above its average volume of 280,782 shares per day.

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TheStreet Recommends

Separately, TheStreet Ratings Team has a "Buy" rating with a score of B on the stock.

This is driven by a few notable strengths, which should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks covered. 

The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity.

The team believes its strengths outweigh the fact that the company has had sub par growth in net income.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: CAMP

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