Camtek - CAMT Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Camtek in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" CAMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAMT, but not buy additional shares or sell existing shares.
View CAMT analyst ratings or view top-rated stocks.

4 Wall Street research analysts have issued 12 month price objectives for Camtek's stock. Their CAMT share price forecasts range from $27.00 to $40.00. On average, they anticipate the company's stock price to reach $33.00 in the next year. This suggests a possible upside of 22.8% from the stock's current price.
View analysts price targets for CAMT or view top-rated stocks among Wall Street analysts.

Camtek's stock was trading at $21.96 on January 1st, 2023. Since then, CAMT stock has increased by 22.4% and is now trading at $26.87.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023.
View our CAMT earnings forecast.

Camtek Ltd. (NASDAQ:CAMT) released its quarterly earnings data on Wednesday, October, 27th. The semiconductor company reported $0.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.04. The semiconductor company earned $70.69 million during the quarter, compared to analyst estimates of $70.03 million. Camtek had a net margin of 24.91% and a trailing twelve-month return on equity of 22.91%. The firm's revenue was up 76.4% on a year-over-year basis. During the same period last year, the firm posted $0.15 earnings per share.

ETFs with the largest weight of Camtek (NASDAQ:CAMT) stock in their portfolio include Invesco Dynamic Semiconductors ETF (PSI), ARK Israel Innovative Technology ETF (IZRL), BlueStar Israel Technology ETF (ITEQ) and Simplify Volt RoboCar Disruption and Tech ETF (VCAR).VanEck Israel ETF (ISRA).

Camtek issued an update on its first quarter 2023 earnings guidance on Monday, February, 20th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $71.00 million-$74.00 million, compared to the consensus revenue estimate of $75.00 million.

7 employees have rated Camtek Chief Executive Officer Roy Porat on Glassdoor.com. Roy Porat has an approval rating of 74% among the company's employees. 76.0% of employees surveyed would recommend working at Camtek to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Camtek investors own include Celadon Group (CGI), Highway (HIHO), Plug Power (PLUG), Calithera Biosciences (CALA), Evolus (EOLS), Tower Semiconductor (TSEM), Advanced Micro Devices (AMD), Micron Technology (MU), Netflix (NFLX) and NVIDIA (NVDA).

Camtek trades on the NASDAQ under the ticker symbol "CAMT."

Camtek's stock is owned by many different institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (1.77%), Phoenix Holdings Ltd. (1.58%), Meitav Dash Investments Ltd. (1.52%), Harel Insurance Investments & Financial Services Ltd. (0.97%), Millennium Management LLC (0.90%) and Clal Insurance Enterprises Holdings Ltd (0.64%).

Shares of CAMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of CAMT stock can currently be purchased for approximately $26.87.

Camtek (NASDAQ:CAMT) has a market capitalization of $1.20 billion and generates $320.91 million in revenue each year. The semiconductor company earns $79.95 million in net income (profit) each year or $1.67 on an earnings per share basis.

The company employs 404 workers across the globe.

Camtek's mailing address is INDUSTRIAL ZONE PO BOX 544, MIGDAL HAEMEK L3, 23105. The official website for the company is www.camtek.com. The semiconductor company can be reached via phone at (724) 604-8100, via email at camtek@gkir.com, or via fax at 972-4604-8300.