Analyst Ratings for Camden Property Trust (CPT)Updated: 2017-07-26
Analysts covering Camden Property Trust (NYSE:CPT) have given it a consensus rating of Overweight. Last month, CPT received an average rating of Overweight.
A buy rating was issued by 8 analysts, 0 gave an overweight rating, 11 gave a hold rating, 1 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 3. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for CPT by the analysts covering the stock. The maximum price target given was 96, implying potential capital gains of 9.17 percent. The minimum price target given was 77, which equates to a potential downside of -12.44 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.19 percent. That number becomes -5.65 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.17 percent. If we look at the last 90 days instead, we find a net average change of -2.89 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.
The growth rate of CPT's earnings is estimated by analysts to be -3.88 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. CPT has a PEG ratio of -4.73.
In the trailing 52-weeks, CPT hit 90.83 at the highest peak, while it's lowest trading point was 75.36. The current market price is above the trailing year's low by 16.69 percent, and below the high by 3.18 percent. CPT has a price/earnings ratio of 18.34. Investors typically compare the P/E ratio to a company's peers in the industry. The CPT value stock report compares CPT to some of its peers using value stock charts. The stock has a market capitalization of $7.92 billion. CPT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.