Shares of Camtek Ltd. (NASDAQ:CAMT – Get Free Report) have been given an average recommendation of “Buy” by the eight ratings firms that are presently covering the stock, Marketbeat.com reports. Seven research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $116.57.
A number of equities research analysts have recently issued reports on CAMT shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $140.00 price objective on shares of Camtek in a research note on Friday, August 2nd. Northland Securities raised shares of Camtek from a “market perform” rating to an “outperform” rating and set a $99.00 price objective for the company in a research note on Monday, August 5th. Northland Capmk raised shares of Camtek from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 5th. StockNews.com lowered shares of Camtek from a “hold” rating to a “sell” rating in a report on Thursday, October 17th. Finally, B. Riley lowered their price target on shares of Camtek from $150.00 to $140.00 and set a “buy” rating for the company in a report on Friday, August 2nd.
View Our Latest Research Report on Camtek
Institutional Inflows and Outflows
Camtek Price Performance
Shares of Camtek stock opened at $78.94 on Monday. Camtek has a 52-week low of $49.64 and a 52-week high of $140.50. The stock has a market capitalization of $3.54 billion, a price-to-earnings ratio of 44.60, a price-to-earnings-growth ratio of 1.55 and a beta of 1.38. The company has a fifty day moving average of $83.86 and a 200-day moving average of $95.63. The company has a debt-to-equity ratio of 0.42, a quick ratio of 4.29 and a current ratio of 5.21.
Camtek (NASDAQ:CAMT – Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The semiconductor company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.02. Camtek had a net margin of 25.93% and a return on equity of 22.57%. The company had revenue of $102.60 million during the quarter, compared to analysts’ expectations of $101.26 million. During the same quarter in the prior year, the company earned $0.38 EPS. The firm’s revenue was up 39.4% on a year-over-year basis. Equities research analysts expect that Camtek will post 2.45 EPS for the current year.
About Camtek
Camtek Ltd., together with its subsidiaries, develops, manufactures, and sells inspection and metrology equipment for semiconductor industry. The company provides Eagle-i, a system that delivers 2D inspection and metrology capabilities; Eagle-AP, which addresses the advanced packaging market using software and hardware technologies that deliver superior 2D and 3D inspection and metrology capabilities on the same platform; and Golden Eagle, a panel inspection and metrology system to address the challenges fanout wafer level packaging applications.
Further Reading
- Five stocks we like better than Camtek
- Why Invest in 5G? How to Invest in 5G Stocks
- Chinese Stocks Cool Off: Time to Buy the Dip in These 2 Stocks?
- Best Stocks Under $10.00
- Goldman Sachs Highlights 3 Top Short Squeeze Stocks to Watch
- How to buy stock: A step-by-step guide for beginners
- Walmart is Up 56% YTD, Is it Still a Top Consumer Staples Stock?
Receive News & Ratings for Camtek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camtek and related companies with MarketBeat.com's FREE daily email newsletter.