Camden National Corp (NASDAQ: CAC) has reported earnings for its fourth fiscal quarter (ending December 31) of $1.01 versus $0.58 for the same period a year ago — an increase of 74%. For the latest four quarters through December 31, E.P.S. were $3.63 compared to $2.98 a year ago — an increase of 22%.
Recent Price Action
Camden National Corp (NASDAQ: CAC) stock closed at $45.43 on 1/28/25 after a large increase of 2.2%. Moreover, this advance was accompanied by unusually high trading volume at 194% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 3.1% during the last week.
Current PriceTarget Research Rating
Camden National has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Camden National has a good Appreciation Score of 72 and a very high Power Rating of 97, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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