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.
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4 brokers have issued twelve-month price targets for Camtek's stock. Their CAMT share price forecasts range from $22.00 to $50.00. On average, they predict the company's stock price to reach $33.20 in the next year. This suggests a possible upside of 37.6% from the stock's current price.
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Camtek's stock was trading at $46.04 on January 1st, 2022. Since then, CAMT shares have decreased by 47.6% and is now trading at $24.12.
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Camtek saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 594,100 shares, a decrease of 31.7% from the October 31st total of 869,900 shares. Based on an average daily volume of 132,600 shares, the days-to-cover ratio is presently 4.5 days. Approximately 2.2% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our CAMT earnings forecast.

Camtek Ltd. (NASDAQ:CAMT) posted its quarterly earnings data on Wednesday, October, 27th. The semiconductor company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.04. The semiconductor company had revenue of $70.69 million for the quarter, compared to analysts' expectations of $70.03 million. Camtek had a net margin of 22.70% and a trailing twelve-month return on equity of 23.40%. Camtek's quarterly revenue was up 76.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.15 EPS.

Camtek updated its FY 2022 earnings guidance on Thursday, November, 17th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $320.00 million-$320.00 million, compared to the consensus revenue estimate of $320.73 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 retail and institutional investors. Top institutional investors include Migdal Insurance & Financial Holdings Ltd. (3.45%), Meitav Dash Investments Ltd. (2.08%), Vanguard Group Inc. (1.86%), Renaissance Technologies LLC (1.82%), Phoenix Holdings Ltd. (0.89%) and Group One Trading L.P. (0.00%).

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.
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One share of CAMT stock can currently be purchased for approximately $24.12.

Camtek (NASDAQ:CAMT) has a market capitalization of $1.07 billion and generates $269.66 million in revenue each year. The semiconductor company earns $60.28 million in net income (profit) each year or $1.50 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.