Northland Securities Expects Increased Earnings for Camtek

Key Points

• Northland Securities raised Camtek’s FY2026 EPS forecast to $3.27 from $3.06, above the current consensus estimate of $3.17, and initiated a FY2027 estimate of $4.20 per share.
• Camtek’s latest quarterly results exceeded expectations, with EPS of $0.78 versus $0.76 expected and revenue of $133.24 million versus $130.44 million; revenue increased 8% year over year.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and $173.25 price target, although insiders sold 26,843 shares worth roughly $4.5 million over the past 90 days.

Camtek Ltd. (NASDAQ:CAMT - Free Report) - Research analysts at Northland Securities boosted their FY2026 earnings per share (EPS) estimates for shares of Camtek in a note issued to investors on Tuesday, August 11th. Northland Securities analyst G. Richard now anticipates that the semiconductor company will post earnings of $3.27 per share for the year, up from their prior forecast of $3.06. The consensus estimate for Camtek's current full-year earnings is $3.17 per share. Northland Securities also issued estimates for Camtek's FY2027 earnings at $4.20 EPS.

Camtek (NASDAQ:CAMT - Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The semiconductor company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.02. The firm had revenue of $133.24 million for the quarter, compared to analysts' expectations of $130.44 million. Camtek had a net margin of 7.40% and a return on equity of 21.58%. The business's quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.79 EPS.

Several other research analysts have also recently weighed in on the stock. Stifel Nicolaus set a $170.00 price target on shares of Camtek in a research note on Monday, August 10th. Needham & Company LLC lifted their target price on Camtek from $175.00 to $190.00 and gave the company a "buy" rating in a research report on Tuesday, May 12th. Jefferies Financial Group boosted their price target on Camtek from $185.00 to $200.00 and gave the company a "buy" rating in a report on Wednesday, May 13th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Camtek in a research note on Tuesday, August 11th. Finally, Evercore reiterated an "outperform" rating and set a $200.00 price objective on shares of Camtek in a research note on Wednesday, May 13th. Seven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Camtek has a consensus rating of "Moderate Buy" and a consensus price target of $173.25.

Camtek Stock Performance

Shares of NASDAQ CAMT opened at $148.51 on Friday. Camtek has a 12-month low of $75.75 and a 12-month high of $215.99. The firm has a market capitalization of $6.93 billion, a price-to-earnings ratio of 232.05, a price-to-earnings-growth ratio of 3.35 and a beta of 1.58. The company has a current ratio of 7.38, a quick ratio of 6.58 and a debt-to-equity ratio of 0.69. The firm has a 50 day moving average of $156.90 and a 200 day moving average of $164.07.

Insiders Place Their Bets

In other news, COO Ram Langer sold 6,387 shares of the business's stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $172.32, for a total value of $1,100,607.84. Following the transaction, the chief operating officer owned 17,532 shares of the company's stock, valued at approximately $3,021,114.24. The trade was a 26.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Karni Yarl Andorn sold 3,176 shares of the company's stock in a transaction on Friday, August 14th. The stock was sold at an average price of $164.40, for a total transaction of $522,134.40. Following the transaction, the director owned 1,343 shares of the company's stock, valued at approximately $220,789.20. This represents a 70.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 26,843 shares of company stock worth $4,514,249 over the last ninety days. 79.40% of the stock is owned by company insiders.

Institutional Trading of Camtek

A number of institutional investors and hedge funds have recently bought and sold shares of CAMT. Advisors Asset Management Inc. boosted its holdings in shares of Camtek by 61.6% during the 1st quarter. Advisors Asset Management Inc. now owns 769 shares of the semiconductor company's stock valued at $45,000 after purchasing an additional 293 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings 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 worth $8,749,000 after purchasing an additional 16,117 shares during the last quarter. Geode Capital Management LLC lifted its position 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 worth $3,333,000 after buying an additional 279 shares in the last quarter. Cetera Investment Advisers boosted its stake in Camtek by 4.7% during 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 during the last quarter. Finally, Invesco Ltd. grew its holdings in Camtek by 8.3% during the 2nd quarter. Invesco Ltd. now owns 263,836 shares of the semiconductor company's stock valued at $22,310,000 after buying an additional 20,237 shares in the last quarter. 41.93% of the stock is currently owned by institutional investors.

About Camtek

Camtek Ltd. NASDAQ: CAMT is a provider of automated inspection and metrology solutions for the semiconductor and printed circuit board (PCB) industries. The company develops, manufactures and markets a suite of inline and stand-alone systems that perform high‐resolution 2D and 3D measurements, defect review and process control. Its products are used by integrated device manufacturers, foundries, OSAT (outsourced semiconductor assembly and test) providers, and PCB fabricators to optimize yield, improve product quality and reduce production costs.

Camtek's core offerings include wafer inspection systems that detect and classify defects on patterned wafers, patterned wafer metrology tools for overlay and critical dimension measurements, and advanced packaging inspection platforms for 3D ICs and fan-out wafer-level packaging.

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