Camden Property Trust (CPT) plunged -1.78 in the last month: It’s impossible to believe the numbers

On Friday, Camden Property Trust (NYSE: CPT) was -1.78% drop from the session before settling in for the closing price of $115.79. A 52-week range for CPT has been $82.94 – $127.69.

A company in the Real Estate sector has jumped its sales by 10.13% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -49.29%. With a float of $105.07 million, this company’s outstanding shares have now reached $115.64 million.

In an organization with 1640 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 33.41%, operating margin of 13.09%, and the pretax margin is 20.09%.

Camden Property Trust (CPT) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Camden Property Trust stocks. The insider ownership of Camden Property Trust is 1.46%, while institutional ownership is 98.77%. The most recent insider transaction that took place on Jan 04 ’24, was worth 3,765,426. In this transaction Chairman and CEO of this company sold 38,336 shares at a rate of $98.22, taking the stock ownership to the 267,132 shares. Before that another transaction happened on Jan 04 ’24, when Company’s EVP – Finance & CFO sold 9,803 for $98.21, making the entire transaction worth $962,733. This insider now owns 114,893 shares in total.

Camden Property Trust (CPT) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -49.29% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.74% during the next five years compared to 17.88% growth over the previous five years of trading.

Camden Property Trust (NYSE: CPT) Trading Performance Indicators

You can see what Camden Property Trust (CPT) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.66. Likewise, its price to free cash flow for the trailing twelve months is 30.44.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.16, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.53 in one year’s time.

Technical Analysis of Camden Property Trust (CPT)

Let’s dig in a bit further. During the last 5-days, its volume was 1.26 million. That was better than the volume of 0.99 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 15.75%. Additionally, its Average True Range was 2.35.

During the past 100 days, Camden Property Trust’s (CPT) raw stochastic average was set at 35.25%, which indicates a significant decrease from 35.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.29% in the past 14 days, which was higher than the 17.07% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $121.98, while its 200-day Moving Average is $108.32. However, in the short run, Camden Property Trust’s stock first resistance to watch stands at $115.69. Second resistance stands at $117.66. The third major resistance level sits at $120.88. If the price goes on to break the first support level at $110.50, it is likely to go to the next support level at $107.28. Assuming the price breaks the second support level, the third support level stands at $105.31.

Camden Property Trust (NYSE: CPT) Key Stats

There are 106,635K outstanding shares of the company, which has a market capitalization of 11.91 billion. As of now, sales total 1,542 M while income totals 403,310 K. Its latest quarter income was 387,150 K while its last quarter net income were 42,920 K.