Wolfe Research raised the price target for the Camden Property Trust (NYSE:CPT) stock to “a Peer perform”. The rating was released on June 15, 2021. The research report from Colliers Securities has initiated the stock to Buy, with a price target set at $134. The stock was initiated by RBC Capital Mkts, who disclosed in a research note on March 31, 2021, to Outperform and set the price objective to $119.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Camden Property Trust (NYSE:CPT) raised 1.69% to close Friday’s market session at $141.18, higher as compared to yesterday’s close. The stock price fluctuated between $138.92 and $141.20 throughout the trading session with the volume trading being 767162 shares, which represented a significant variation when compared to the three months average volume of 719.78K shares. The firm’s stock price fluctuated 5.76% within the last five trades and 6.29% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 45.86% in the last 6 months and 25.68% was added to its value over the previous 3 months. CPT stock is trading at a margin of 4.63%, 9.98% and 30.37% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, CPT deals in the Real Estate domain. The stock is trading 1.58 percent below its 52-week high and 64.66 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 64.2. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Camden Property Trust’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $13.71 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Camden Property Trust (NYSE:CPT) is 125.72. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 83.19. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 13.12 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 4.13, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 1.20 percent of Camden Property Trust shares are owned by insiders, and 95.50 percent are held by financial institutions. ODEN D KEITH, the Executive Vice Chairman at Camden Property Trust (CPT) has sold 50,616 shares of firm on Jun 09 at a price of $133.28 against the total amount of $6.75 million. In another inside trade, Sevilla-Sacasa Frances Aldrich, Director of Camden Property Trust (NYSE:CPT) sold 1,777 shares of the firm on May 10 for a total worth of $0.22 million at a price of $123.55. An inside trade which took place on May 06, Director of Camden Property Trust INGRAHAM SCOTT S sold 8,518 shares of firm against total price of $1.03 million at the cost of $120.44 per share.