Weiss Ratings Reiterates "Hold (C)" Rating for Camtek (NASDAQ:CAMT)

Key Points

• Weiss Ratings has reaffirmed a "Hold (C)" rating for Camtek (NASDAQ:CAMT) in a recent report, indicating a cautious outlook on the stock.
• Camtek's stock price has recently increased to <$119.15> with a consensus target price of $110.30 from analysts, reflecting a consensus rating of "Moderate Buy."
• The company's last earnings report showed an EPS of $0.79 for the quarter, meeting analysts' expectations and representing a 20.2% revenue increase year-over-year.

Camtek (NASDAQ:CAMT - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by analysts at Weiss Ratings in a report released on Friday,Weiss Ratings reports.

A number of other research firms have also recently commented on CAMT. Evercore ISI raised their target price on shares of Camtek from $82.00 to $100.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. Oppenheimer initiated coverage on shares of Camtek in a research report on Wednesday, July 2nd. They set an "outperform" rating and a $100.00 price objective on the stock. Needham & Company LLC lifted their price objective 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. Stifel Nicolaus lifted their price objective on shares of Camtek from $98.00 to $115.00 and gave the company a "buy" rating in a research report on Monday, October 13th. Finally, Jefferies Financial Group set a $105.00 price objective on shares of Camtek and gave the company a "buy" rating in a research report on Tuesday, August 5th. Nine investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Camtek has a consensus rating of "Moderate Buy" and an average target price of $110.30.

Camtek Stock Performance

Shares of NASDAQ:CAMT traded up $1.07 during trading on Friday, hitting $119.15. The company's stock had a trading volume of 434,515 shares, compared to its average volume of 500,466. The company has a 50-day moving average of $99.17 and a 200-day moving average of $84.11. Camtek has a 12 month low of $47.41 and a 12 month high of $127.08. 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 firm has a market cap of $5.43 billion, a price-to-earnings ratio of 43.64, a P/E/G ratio of 2.98 and a beta of 1.39.

Camtek (NASDAQ:CAMT - Get Free Report) last released its earnings results 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 company had revenue of $123.32 million for the quarter, compared to analysts' expectations of $121.57 million. During the same quarter last year, the business earned $0.66 EPS. The firm's revenue was up 20.2% compared to the same quarter last year. Camtek has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that Camtek will post 2.93 earnings per share for the current year.

Institutional Investors Weigh In On Camtek

Several large investors have recently bought and sold shares of the business. Wasatch Advisors LP increased its position in Camtek by 18.6% in the second quarter. Wasatch Advisors LP now owns 3,506,727 shares of the semiconductor company's stock worth $296,529,000 after purchasing an additional 550,072 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its position in Camtek by 0.4% in the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,142,171 shares of the semiconductor company's stock worth $182,976,000 after purchasing an additional 7,500 shares during the last quarter. Menora Mivtachim Holdings LTD. boosted its stake in Camtek by 2.2% during the second quarter. Menora Mivtachim Holdings LTD. now owns 1,601,433 shares of the semiconductor company's stock worth $135,417,000 after buying an additional 35,000 shares during the period. Migdal Insurance & Financial Holdings Ltd. boosted its stake in Camtek by 27.6% during the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,448,441 shares of the semiconductor company's stock worth $84,922,000 after buying an additional 312,988 shares during the period. Finally, Brown Capital Management LLC boosted its stake in Camtek by 3.5% during the second quarter. Brown Capital Management LLC now owns 1,140,137 shares of the semiconductor company's stock worth $96,410,000 after buying an additional 38,485 shares during the period. 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.

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