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.
A number of analysts gave price targets for CPT. The most optimistic analyst gave a price target of 96, which equates to a potential upside of 9.17 percent. The lowest price target was 77, implying a possible loss of -12.44 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.19 percent. The average change in earnings estimates over the last 90 days is -5.65 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.17 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.89 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
CPT has an estimated earnings growth rate of -3.88 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. CPT has a PEG ratio of -4.73.
CPT has a 52-week high of 90.83 and a 52-week low of 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 market cap of CPT is $7.92 billion. CPT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.