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 maximum price target given was 96, implying a possible profit of 9.17 percent. The most pessimistic analyst gave a price target of 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.19 percent on average, compared to last month. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.89 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of CPT to grow at a rate of -3.88 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers 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. Today's price is 16.69 percent above the 52-week low, and 3.18 percent lower than its 52-week high. 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.