Camden Property Trust (NYSE: CPT) has seen a decline in its stock price by -2.38 in relation to its previous close of 123.28. However, the company has experienced a 1.48% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-14 that FDA approval to begin pivotal trial of fully implanted cochlear implant and AMA approval of CPT codes for the Company’s already FDA-approved fully implanted middle ear implant are two of the exciting developments for the growing company FDA approval to begin pivotal trial of fully implanted cochlear implant and AMA approval of CPT codes for the Company’s already FDA-approved fully implanted middle ear implant are two of the exciting developments for the growing company
Is It Worth Investing in Camden Property Trust (NYSE: CPT) Right Now?
The price-to-earnings ratio for Camden Property Trust (NYSE: CPT) is above average at 38.11x. The 36-month beta value for CPT is also noteworthy at 0.93. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 4 rating it as “overweight,” 11 rating it as “hold,” and 1 rating it as “sell.”
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
The public float for CPT is 105.12M, and at present, short sellers hold a 1.64% of that float. The average trading volume of CPT on November 15, 2024 was 995.23K shares.
CPT’s Market Performance
CPT stock saw a decrease of 1.48% in the past week, with a monthly decline of -0.41% and a quarterly a decrease of 0.59%. The volatility ratio for the week is 2.19%, and the volatility levels for the last 30 days are 2.11% for Camden Property Trust (CPT). The simple moving average for the last 20 days is 1.20% for CPT stock, with a simple moving average of 10.06% for the last 200 days.
Analysts’ Opinion of CPT
Many brokerage firms have already submitted their reports for CPT stocks, with Stifel repeating the rating for CPT by listing it as a “Hold.” The predicted price for CPT in the upcoming period, according to Stifel is $121 based on the research report published on November 13, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see CPT reach a price target of $123. The rating they have provided for CPT stocks is “Hold” according to the report published on October 11th, 2024.
Exane BNP Paribas gave a rating of “Neutral” to CPT, setting the target price at $129 in the report published on September 11th of the current year.
CPT Trading at -0.66% 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 -5.75% of loss for the given period.
Volatility was left at 2.11%, however, over the last 30 days, the volatility rate increased by 2.19%, as shares surge +0.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.05% lower at present.
During the last 5 trading sessions, CPT rose by +1.48%, which changed the moving average for the period of 200-days by +28.25% in comparison to the 20-day moving average, which settled at $118.92. In addition, Camden Property Trust saw 21.21% 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:
- 0.2 for the present operating margin
- 0.24 for the gross margin
The net margin for Camden Property Trust stands at 0.22. The total capital return value is set at 0.03. Equity return is now at value 7.17, with 3.79 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 0.24. The debt to equity ratio resting at 0.73. The interest coverage ratio of the stock is 3.12.
Currently, EBITDA for the company is 899.51 million with net debt to EBITDA at 3.85. When we switch over and look at the enterprise to sales, we see a ratio of 10.45. The receivables turnover for the company is 172.98for trailing twelve months and the total asset turnover is 0.18.
Conclusion
In summary, Camden Property Trust (CPT) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
