Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, COPT Defense Properties (NYSE: CDP) closed at $26.86 down -1.86% from its previous closing price of $27.37. In other words, the price has decreased by -$1.86 from its previous closing price. On the day, 1.33 million shares were traded.
Ratios:
For a deeper understanding of COPT Defense Properties’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 158.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.07. In the meantime, Its Debt-to-Equity ratio is 1.63 whereas as Long-Term Debt/Eq ratio is at 1.63.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on March 22, 2024, Downgraded its rating to Neutral and sets its target price to $25 from $29 previously.
On February 21, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $26 to $28.
Evercore ISI Upgraded its In-line to Outperform on February 12, 2024, whereas the target price for the stock was revised from $27 to $28.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 02 ’24 when Myers Matthew T sold 500 shares for $32.32 per share. The transaction valued at 16,160 led to the insider holds 7,784 shares of the business.
BUDORICK STEPHEN E sold 8,854 shares of CDP for $288,145 on Nov 07 ’24. The PRESIDENT/CEO now owns 153,882 shares after completing the transaction at $32.54 per share. On Nov 06 ’24, another insider, BUDORICK STEPHEN E, who serves as the PRESIDENT/CEO of the company, sold 9,000 shares for $32.64 each. As a result, the insider received 293,724 and left with 162,736 shares of the company.
Valuation Measures:
As of this moment, COPT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.93, and their Forward P/E ratio for the next fiscal year is 20.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.03 while its Price-to-Book (P/B) ratio in mrq is 2.03.
Stock Price History:
Over the past 52 weeks, CDP has reached a high of $34.22, while it has fallen to a 52-week low of $22.20. The 50-Day Moving Average of the stock is -11.03%, while the 200-Day Moving Average is calculated to be -6.92%.
Shares Statistics:
A total of 112.69M shares are outstanding, with a floating share count of 112.22M. Insiders hold about 0.42% of the company’s shares, while institutions hold 107.96% stake in the company.