At the time of writing, Camden Property Trust [CPT] stock is trading at $114.96, down -2.74%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CPT shares have gain 1.34% over the last week, with a monthly amount glided 6.72%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Camden Property Trust [NYSE: CPT] stock has seen the most recent analyst activity on May 06, 2024, when Piper Sandler upgraded its rating to a Neutral and also boosted its price target to $110 from $90. On February 20, 2024, downgrade downgraded it’s rating to Equal Weight and revised its price target to $100 on the stock. Deutsche Bank started tracking the stock assigning a Hold rating and suggested a price target of $90 on January 30, 2024. BMO Capital Markets downgraded its rating to a Market Perform but $100 remained the price target by the analyst firm on December 15, 2023. Morgan Stanley started tracking with a Equal-Weight rating for this stock on December 12, 2023, and assigned it a price target of $95. In a note dated November 06, 2023, UBS downgraded an Neutral rating on this stock and revised its target price from $127 to $94.
For the past year, the stock price of Camden Property Trust fluctuated between $82.40 and $121.29. Currently, Wall Street analysts expect the stock to reach $134.17 within the next 12 months. Camden Property Trust [NYSE: CPT] shares were valued at $114.96 at the most recent close of the market. An investor can expect a potential return of 16.71% based on the average CPT price forecast.
Analyzing the CPT fundamentals
According to Camden Property Trust [NYSE:CPT], the company’s sales were 1.56B for trailing twelve months, which represents an 1.22% jump. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.73.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 113.53 points at the first support level, and at 112.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 117.46, and for the 2nd resistance point, it is at 119.97.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 7.86, the price to book ratio is 2.74 and price to earnings (TTM) ratio is 31.61.
Transactions by insiders
Recent insider trading involved CAMPO RICHARD J, Chairman and CEO, that happened on Jan 04 ’24 when 38336.0 shares were sold. EVP – Finance & CFO, Jessett Alexander J. completed a deal on Jan 04 ’24 to sell 9803.0 shares. Meanwhile, EVP – Real Estate Investments Sengelmann William W. sold 6493.0 shares on Jan 04 ’24.
