The stock of Camden Property Trust (CPT) has seen a 0.54% increase in the past week, with a -2.53% drop in the past month, and a 6.98% flourish in the past quarter. The volatility ratio for the week is 1.50%, and the volatility levels for the past 30 days are at 1.57% for CPT. The simple moving average for the last 20 days is -1.25% for CPT’s stock, with a simple moving average of 12.82% for the last 200 days.
Is It Worth Investing in Camden Property Trust (NYSE: CPT) Right Now?
The price-to-earnings ratio for Camden Property Trust (NYSE: CPT) is 33.23x, which is above its average ratio. Moreover, the 36-month beta value for CPT is 0.91. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 4 as “overweight,” 11 as “hold,” and 1 as “sell.”
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The public float for CPT is 105.07M and currently, short sellers hold a 1.69% of that float. On October 17, 2024, CPT’s average trading volume was 990.52K shares.
CPT) stock’s latest price update
The stock of Camden Property Trust (NYSE: CPT) has increased by 0.99 when compared to last closing price of 119.67.Despite this, the company has seen a gain of 0.54% in its stock price over the last five trading days. zacks.com reported 2024-10-16 that Here is how Camden (CPT) and Allstate (ALL) have performed compared to their sector so far this year.
Analysts’ Opinion of CPT
Many brokerage firms have already submitted their reports for CPT stocks, with Jefferies repeating the rating for CPT by listing it as a “Hold.” The predicted price for CPT in the upcoming period, according to Jefferies is $123 based on the research report published on October 11, 2024 of the current year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see CPT reach a price target of $129. The rating they have provided for CPT stocks is “Neutral” according to the report published on September 11th, 2024.
RBC Capital Mkts gave a rating of “Sector Perform” to CPT, setting the target price at $122 in the report published on September 09th of the current year.
CPT Trading at -1.17% from the 50-Day Moving Average
After a stumble in the market that brought CPT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.36% of loss for the given period.
Volatility was left at 1.57%, however, over the last 30 days, the volatility rate increased by 1.50%, as shares sank -3.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.10% upper at present.
During the last 5 trading sessions, CPT rose by +0.54%, which changed the moving average for the period of 200-days by +21.71% in comparison to the 20-day moving average, which settled at $122.39. In addition, Camden Property Trust saw 21.71% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CPT starting from CAMPO RICHARD J, who sale 38,336 shares at the price of $98.22 back on Jan 04 ’24. After this action, CAMPO RICHARD J now owns 267,132 shares of Camden Property Trust, valued at $3,765,426 using the latest closing price.
Jessett Alexander J., the EVP – Finance & CFO of Camden Property Trust, sale 9,803 shares at $98.21 during a trade that took place back on Jan 04 ’24, which means that Jessett Alexander J. is holding 114,893 shares at $962,733 based on the most recent closing price.
Stock Fundamentals for CPT
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.34 for the gross margin
The net margin for Camden Property Trust stands at 0.26. The total capital return value is set at 0.03. Equity return is now at value 8.11, with 4.32 for asset returns.
Based on Camden Property Trust (CPT), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 0.73. The interest coverage ratio of the stock is 2.15.
Currently, EBITDA for the company is 899.51 million with net debt to EBITDA at 3.84. When we switch over and look at the enterprise to sales, we see a ratio of 10.5. The receivables turnover for the company is 157.2for trailing twelve months and the total asset turnover is 0.17.
Conclusion
To wrap up, the performance of Camden Property Trust (CPT) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
