With 0.8 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.07 million shares. The 52-week range on CPT shows that it touched its highest point at $127.43 and its lowest point at $97.82 during that stretch. It currently has a 1-year price target of $130.34. With its current market cap of 16.70 billion, CPT has annualized dividend of $3.51 while the current yield stands at 2.98%. Beta for the stock currently stands at 0.79.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CPT was up-trending over the past week, with a rise of 0.43%, but this was up by 5.97% over a month. Three-month performance dropped to -0.98% while six-month performance fell -3.08%. The stock gained 11.13% in the past year, while it has gained 1.68% so far this year. A look at the trailing 12-month EPS for CPT yields 1.09 with Next year EPS estimates of 1.55. For the next quarter, that number is 0.36. This implies an EPS growth rate of -6.32% for this year and 10.50% for next year. EPS is expected to grow by 11.42% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -7.52%.
Float and Shares Shorts:
At present, 115.70 million CPT shares are outstanding with a float of 103.90 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CPT since 9 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.52675 being high and $1.5154 being low. For CPT, this leads to a yearly average estimate of $1.51994.
