Camtek (NASDAQ:CAMT) Trading Up 11.9% - What's Next?

Key Points

• Camtek Ltd. (NASDAQ:CAMT) experienced an 11.9% increase in stock price, closing at $99.60, following a previous close of $89.00.
• Multiple analysts have rated Camtek as a "buy," with price targets ranging from $98.00 to $105.00 as recent upgrades reflect a consensus rating of "Moderate Buy."
• The company reported a 20.2% increase in revenue year-over-year, achieving $123.32 million, alongside earnings per share (EPS) of $0.79, meeting analysts' expectations.

Camtek Ltd. (NASDAQ:CAMT - Get Free Report) shot up 11.9% during mid-day trading on Thursday . The stock traded as high as $97.11 and last traded at $99.60. 232,711 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 460,867 shares. The stock had previously closed at $89.00.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Jefferies Financial Group set a $105.00 target price on Camtek and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Evercore ISI raised their price target on Camtek from $82.00 to $100.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. Stifel Nicolaus boosted their price objective on Camtek from $84.00 to $98.00 and gave the company a "buy" rating in a research note on Monday, July 7th. Cantor Fitzgerald set a $80.00 target price on shares of Camtek and gave the stock a "neutral" rating in a research report on Tuesday, June 24th. Finally, Needham & Company LLC upped their price target on shares of Camtek from $80.00 to $98.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $96.10.

Camtek Stock Performance

The stock's 50 day moving average price is $87.67 and its two-hundred day moving average price is $75.36. The company has a current ratio of 5.41, a quick ratio of 4.38 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $4.68 billion, a price-to-earnings ratio of 37.60, a PEG ratio of 2.53 and a beta of 1.35.

Camtek (NASDAQ:CAMT - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.79 EPS for the quarter, hitting analysts' consensus estimates of $0.79. Camtek had a net margin of 28.36% and a return on equity of 23.95%. The firm had revenue of $123.32 million for the quarter, compared to the consensus estimate of $121.57 million. During the same quarter in the previous year, the firm earned $0.66 earnings per share. The firm's revenue was up 20.2% on a year-over-year basis. Camtek has set its Q3 2025 guidance at EPS. On average, analysts forecast that Camtek Ltd. will post 2.93 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of Camtek during the 1st quarter worth $31,000. Advisors Asset Management Inc. raised its position in Camtek by 61.6% during the first quarter. Advisors Asset Management Inc. now owns 769 shares of the semiconductor company's stock worth $45,000 after acquiring an additional 293 shares during the last quarter. Optimum Investment Advisors lifted its holdings in shares of Camtek by 60.0% in the second quarter. Optimum Investment Advisors now owns 1,200 shares of the semiconductor company's stock valued at $101,000 after purchasing an additional 450 shares in the last quarter. State of Wyoming lifted its holdings in shares of Camtek by 146.2% in the fourth quarter. State of Wyoming now owns 2,021 shares of the semiconductor company's stock valued at $163,000 after purchasing an additional 1,200 shares in the last quarter. Finally, Lombard Odier Asset Management USA Corp acquired a new stake in shares of Camtek in the second quarter valued at approximately $267,000. Hedge funds and other institutional investors own 41.93% of the company's stock.

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.