Where Camden National Stands With Analysts

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Camden National CAC underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 2 2 0 0
Last 30D 0 1 1 0 0
1M Ago 0 0 0 0 0
2M Ago 0 1 1 0 0
3M Ago 0 0 0 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $50.25, a high estimate of $53.00, and a low estimate of $48.00. This upward trend is evident, with the current average reflecting a 6.91% increase from the previous average price target of $47.00.

price target chart

Interpreting Analyst Ratings: A Closer Look

The perception of Camden National by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Steve Moss Raymond James Raises Outperform $53.00 $50.00
Damon Delmonte Keefe, Bruyette & Woods Raises Market Perform $50.00 $48.00
Steve Moss Raymond James Announces Outperform $50.00 -
Damon Delmonte Keefe, Bruyette & Woods Raises Market Perform $48.00 $43.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Camden National. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Camden National compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Camden National's stock. This comparison reveals trends in analysts' expectations over time.

To gain a panoramic view of Camden National's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Camden National analyst ratings.

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About Camden National

Camden National Corporation is a banking solutions provider in the United States. Its core business is providing commercial banking products to individuals and corporates. Its consumer and commercial banking services entail services such as loans and deposits, savings and online banking, treasury management solutions and non-profit products to consumer, institutional, municipal, non-profit and commercial customers. The company also offers investment management and fiduciary services.

A Deep Dive into Camden National's Financials

Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

Revenue Growth: Over the 3 months period, Camden National showcased positive performance, achieving a revenue growth rate of 20.05% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.

Net Margin: Camden National's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 29.97% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Camden National's ROE excels beyond industry benchmarks, reaching 2.52%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Camden National's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.23%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.7, caution is advised due to increased financial risk.

Understanding the Relevance of Analyst Ratings

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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