Analysts on a consensus basis are expecting that the stock will reach $47 within the year.
Camden National Corporation (NASDAQ:CAC) currently has an Average Broker Rating of 2. This number is based on the 2 sell-side firms polled by Zacks. The ABR rank within the industry stands at 166.
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Research analysts are predicting that Camden National Corporation (NASDAQ:CAC) will report earnings of $0.69 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.
Most recently Camden National Corporation (NASDAQ:CAC) posted quarterly earnings of $0.72 which compared to the sell-side estimates of 0.69. The stock’s 12-month trailing earnings per share stands at $2.72. Shares have moved $6.77 over the past month and more recently, $4.43 over the past week heading into the earnings announcement. There are 1 analyst projections that were taken into consideration from respected brokerage firms.
Camden National Corporation (NASDAQ:CAC) closed the last session at $45.71 and sees an average of 30727.9 shares trade hands in each session. The 52-week low of the stock stands at $37.33 while the current level stands at 86.66% of the 52-week High-Low range. Looking further out we can see that the stock has moved 17.2% over the past 12 weeks and 2.83% year to date.
1 analysts rate Camden National Corporation a Buy or Strong Buy, which is 50% of all the analyst ratings.
Investors may already be plotting the course for the next few quarters. Many investing decisions may need to be made after the next round of company earnings reports are released. Studying the numbers can help the investor see whether or not the stock’s prospects look good in the near term as well as the longer term. It remains to be seen whether optimism in the stock market will continue into the next year. Investors will closely be monitoring the major economic data reports over the next couple of months. While nobody can be sure which way the momentum will shift, preparing for multiple market scenarios may greatly help the investor if changes start to occur.
This article is informational purposes only and should not be considered a recommendation to buy or sell the stock.