Camtek (NASDAQ:CAMT) Sees Large Volume Increase - What's Next?

Key Points

• Camtek (NASDAQ: CAMT) experienced a significant increase in trading volume, with approximately 1.1 million shares traded, reflecting a 143% surge compared to the previous session.
• Analysts have generally rated Camtek positively, with eight analysts giving it a Buy rating and a consensus target price of $96.10 after upgrades from multiple firms.
• The company reported earnings per share of $0.79 for the last quarter, meeting estimates, and its revenue increased by 20.2% year-over-year, totaling $123.32 million.

Camtek Ltd. (NASDAQ:CAMT - Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 1,104,128 shares traded hands during trading, an increase of 143% from the previous session's volume of 454,298 shares.The stock last traded at $87.56 and had previously closed at $84.11.

Analyst Upgrades and Downgrades

A number of research analysts have commented on CAMT shares. Wall Street Zen upgraded Camtek from a "sell" rating to a "hold" rating in a research note on Wednesday, May 21st. Zacks Research upgraded Camtek to a "hold" rating in a research note on Monday, August 11th. Stifel Nicolaus boosted their price objective on Camtek from $84.00 to $98.00 and gave the stock a "buy" rating in a research note on Monday, July 7th. Evercore ISI boosted their price objective on Camtek from $82.00 to $100.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. Finally, Oppenheimer assumed coverage on Camtek in a research note on Wednesday, July 2nd. They issued an "outperform" rating and a $100.00 price target on the stock. Eight investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Camtek currently has a consensus rating of "Moderate Buy" and a consensus target price of $96.10.

Camtek Stock Performance

The company has a debt-to-equity ratio of 0.32, a current ratio of 5.41 and a quick ratio of 4.38. The stock has a market capitalization of $3.96 billion, a P/E ratio of 31.75, a price-to-earnings-growth ratio of 2.11 and a beta of 1.35. The company has a fifty day moving average of $87.48 and a two-hundred day moving average of $74.57.

Camtek (NASDAQ:CAMT - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.79 earnings per share for the quarter, meeting the consensus estimate of $0.79. The firm had revenue of $123.32 million during 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 quarterly revenue was up 20.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.66 earnings per share. Camtek has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Camtek Ltd. will post 2.93 EPS for the current year.

Institutional Trading of Camtek

Several hedge funds and other institutional investors have recently bought and sold shares of CAMT. Ameriprise Financial Inc. increased its holdings in Camtek by 16.9% in the fourth quarter. Ameriprise Financial Inc. now owns 25,129 shares of the semiconductor company's stock valued at $2,030,000 after buying an additional 3,635 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Camtek by 3.3% during the fourth quarter. Cetera Investment Advisers now owns 5,288 shares of the semiconductor company's stock valued at $427,000 after purchasing an additional 171 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of Camtek by 44.7% during the fourth quarter. Deutsche Bank AG now owns 161,849 shares of the semiconductor company's stock valued at $13,073,000 after purchasing an additional 50,000 shares during the last quarter. Focus Partners Wealth grew its holdings in shares of Camtek by 12.2% during the fourth quarter. Focus Partners Wealth now owns 11,237 shares of the semiconductor company's stock valued at $908,000 after purchasing an additional 1,218 shares during the last quarter. Finally, Nuveen Asset Management LLC grew its holdings in shares of Camtek by 2.9% during the fourth quarter. Nuveen Asset Management LLC now owns 152,485 shares of the semiconductor company's stock valued at $12,471,000 after purchasing an additional 4,362 shares during the last quarter. 41.93% of the stock is owned by institutional investors.

Camtek Company Profile

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.

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