Camtek (NASDAQ:CAMT) Sets New 1-Year Low on Analyst Downgrade

Camtek Ltd. (NASDAQ:CAMT)’s stock price reached a new 52-week low during mid-day trading on Thursday after Needham & Company LLC lowered their price target on the stock from $170.00 to $130.00. Needham & Company LLC currently has a buy rating on the stock. Camtek traded as low as $91.70 and last traded at $89.9960, with a volume of 270,800 shares trading hands. The stock had previously closed at $101.46.

A number of other equities research analysts have also recently weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Camtek in a research note on Tuesday, August 11th. Stifel Nicolaus set a $170.00 price objective on shares of Camtek in a research report on Monday, August 10th. B. Riley Financial cut their price objective on shares of Camtek from $200.00 to $166.00 and set a “buy” rating for the company in a research report on Tuesday, October 20th. Morgan Stanley cut Camtek from an “equal weight” rating to an “underweight” rating and reduced their price objective for the stock from $152.00 to $126.00 in a report on Monday. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $175.00 target price on shares of Camtek in a research report on Tuesday, September 22nd. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Camtek has a consensus rating of “Hold” and an average target price of $166.33.

Insider Buying and Selling

In related news, CFO Moshe Eisenberg sold 645 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $172.67, for a total value of $111,372.15. Following the completion of the sale, the chief financial officer directly owned 16,239 shares in the company, valued at approximately $2,803,988.13. The trade was a 3.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Karni Yarl Andorn sold 3,176 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $164.40, for a total value of $522,134.40. Following the sale, the director directly owned 1,343 shares in the company, valued at approximately $220,789.20. This trade represents a 70.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 26,843 shares of company stock valued at $4,514,249 in the last quarter. Corporate insiders own 79.40% of the company’s stock.

More Camtek News

Here are the key news stories impacting Camtek this week:

• Positive Sentiment: Camtek posted record Q3 revenue of $161.3 million, up 28% year over year and slightly above estimates. EPS of $0.99 was in line with the stated consensus (and narrowly beat Zacks’ $0.98 estimate). The company expects about $180 million in Q4 revenue. Q3 results
• Positive Sentiment: Management’s initial 2027 revenue outlook of more than $800 million—and target of $1.2 billion within about three years—signals confidence in continued demand, including from AI-related applications. This outlook may support investor expectations for growth. Revenue outlook
• Negative Sentiment: Analysts lowered price targets: Stifel cut its target to $140, while Needham reduced its target from $170 to $130 but kept a Buy rating. Although both targets remain above the $101.46 reference price, the reductions may signal more cautious expectations. Camtek has also faced valuation concerns amid a sharp recent pullback. Stifel target Recent pullback

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Harel Insurance Investments & Financial Services Ltd. raised its stake in Camtek by 38.2% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,302,009 shares of the semiconductor company’s stock worth $349,008,000 after buying an additional 636,773 shares during the last quarter. Y.D. More Investments Ltd grew its holdings in Camtek by 20.8% during the 1st quarter. Y.D. More Investments Ltd now owns 783,365 shares of the semiconductor company’s stock worth $114,901,000 after acquiring an additional 134,791 shares during the period. Swiss National Bank raised its position in shares of Camtek by 1.9% in the 1st quarter. Swiss National Bank now owns 59,485 shares of the semiconductor company’s stock worth $8,711,000 after acquiring an additional 1,085 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Camtek in the 1st quarter valued at about $7,225,000. Finally, Cim LLC boosted its position in shares of Camtek by 168.7% during the 1st quarter. Cim LLC now owns 15,536 shares of the semiconductor company’s stock valued at $2,355,000 after purchasing an additional 9,755 shares in the last quarter. 41.93% of the stock is owned by institutional investors and hedge funds.

Camtek Trading Down 8.8%

The firm has a 50-day moving average of $138.73 and a 200 day moving average of $156.56. The company has a market cap of $4.32 billion, a P/E ratio of 142.55, a price-to-earnings-growth ratio of 2.24 and a beta of 1.69. The company has a current ratio of 7.38, a quick ratio of 6.58 and a debt-to-equity ratio of 0.69.

Camtek (NASDAQ:CAMT) last issued its earnings results on Wednesday, November 4th. The semiconductor company reported $0.99 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.99. The company had revenue of $161.29 million for the quarter, compared to analyst estimates of $160.36 million. Camtek had a return on equity of 21.58% and a net margin of 7.40%. Camtek’s revenue for the quarter was up 28.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.82 earnings per share. On average, analysts predict that Camtek Ltd. will post 3.29 earnings per share for the current fiscal year.

About Camtek

Camtek Ltd. (NASDAQ: CAMT) is an Israel-based provider of inspection and metrology equipment for the semiconductor industry. The company develops and manufactures systems that help chipmakers detect defects, measure manufacturing processes, and improve production yields during the fabrication and packaging of semiconductor devices.

Its product portfolio includes automated optical inspection and metrology systems for wafers, substrates, and packaged devices, along with inspection solutions for advanced packaging, memory, image sensors, and other specialty semiconductor applications.