Camtek (NASDAQ:CAMT) Announces Earnings Results

Key Points

• Camtek reported a quarterly earnings per share (EPS) of $0.79, matching analyst estimates, with revenues of $123.32 million surpassing expectations of $121.57 million, reflecting a 20.2% year-over-year growth.
• The company's stock is currently rated as a "Moderate Buy" with a consensus target price of $91.00, while various analysts have set target prices ranging from $80.00 to $105.00.
• Advisors Asset Management Inc. increased its stake in Camtek by 61.6% in the first quarter, indicating growing institutional interest in the semiconductor company.

Camtek (NASDAQ:CAMT - Get Free Report) posted its earnings results on Tuesday. The semiconductor company reported $0.79 earnings per share for the quarter, meeting the consensus estimate of $0.79, Briefing.com reports. The company had revenue of $123.32 million for the quarter, compared to analyst estimates of $121.57 million. Camtek had a return on equity of 23.95% and a net margin of 28.36%. Camtek's revenue was up 20.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.66 earnings per share. Camtek updated its Q3 2025 guidance to EPS.

Camtek Trading Up 1.9%

Shares of Camtek stock traded up $1.53 during trading hours on Friday, reaching $83.14. The stock had a trading volume of 279,494 shares, compared to its average volume of 441,885. The company has a current ratio of 5.41, a quick ratio of 4.27 and a debt-to-equity ratio of 0.32. Camtek has a 1 year low of $47.41 and a 1 year high of $110.73. The firm has a market capitalization of $3.79 billion, a price-to-earnings ratio of 30.45, a P/E/G ratio of 2.10 and a beta of 1.31. The firm has a 50 day simple moving average of $84.58 and a two-hundred day simple moving average of $75.52.

Institutional Investors Weigh In On Camtek

A number of large investors have recently modified their holdings of the stock. Cetera Investment Advisers grew its stake in shares of Camtek by 4.7% in the second quarter. Cetera Investment Advisers now owns 4,841 shares of the semiconductor company's stock valued at $409,000 after buying an additional 217 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Camtek by 0.7% in the second quarter. Geode Capital Management LLC now owns 39,420 shares of the semiconductor company's stock valued at $3,333,000 after buying an additional 279 shares in the last quarter. Advisors Asset Management Inc. grew its stake in shares of Camtek by 61.6% in the first quarter. Advisors Asset Management Inc. now owns 769 shares of the semiconductor company's stock valued at $45,000 after buying an additional 293 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of Camtek by 12.1% in the first quarter. Goldman Sachs Group Inc. now owns 149,223 shares of the semiconductor company's stock valued at $8,749,000 after buying an additional 16,117 shares in the last quarter. Institutional investors and hedge funds own 41.93% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. B. Riley upped their target price on Camtek from $85.00 to $95.00 and gave the company a "buy" rating in a report on Wednesday, May 14th. Needham & Company LLC upped their price objective on Camtek from $80.00 to $98.00 and gave the company a "buy" rating in a research report on Tuesday. Barclays reduced their price objective on Camtek from $120.00 to $85.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Evercore ISI increased their target price on Camtek from $82.00 to $100.00 and gave the stock an "outperform" rating in a research report on Wednesday. Finally, Bank of America downgraded Camtek from a "buy" rating to a "neutral" rating and set a $95.00 target price on the stock. in a research report on Wednesday. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $96.10.

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.