Camtek (CAMT) Stock Forecast, Price & News

5 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 2 buy ratings 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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5 analysts have issued twelve-month price objectives for Camtek's shares. Their CAMT share price forecasts range from $27.00 to $40.00. On average, they predict the company's share price to reach $32.83 in the next year. This suggests a possible upside of 11.9% from the stock's current price.
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Camtek's stock was trading at $21.96 on January 1st, 2023. Since then, CAMT shares have increased by 33.6% and is now trading at $29.34.
View the best growth stocks for 2023 here.

Camtek saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 551,100 shares, a decrease of 7.3% from the April 30th total of 594,300 shares. Based on an average daily trading volume, of 96,900 shares, the days-to-cover ratio is presently 5.7 days. Currently, 2.0% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 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 analysts' consensus estimates of $0.41 by $0.04. The semiconductor company earned $70.69 million during the quarter, compared to the consensus estimate of $70.03 million. Camtek had a net margin of 24.93% and a trailing twelve-month return on equity of 21.22%. The business's revenue for the quarter was up 76.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.15 EPS.

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).

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 a variety of institutional and retail investors. Top institutional shareholders include Acadian Asset Management LLC (1.87%), Renaissance Technologies LLC (1.66%), Harel Insurance Investments & Financial Services Ltd. (1.38%), Meitav Investment House Ltd. (1.15%), Wasatch Advisors LP (1.11%) and Royce & Associates LP (0.86%).

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 $29.34.

Camtek (NASDAQ:CAMT) has a market capitalization of $1.31 billion and generates $320.91 million in revenue each year. The semiconductor company earns $79.95 million in net income (profit) each year or $1.64 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.