Brokers Issue Forecasts for Camtek FY2025 Earnings

Camtek Ltd. (NASDAQ:CAMT) – Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for Camtek in a report issued on Tuesday, January 21st. Cantor Fitzgerald analyst M. Prisco expects that the semiconductor company will post earnings per share of $3.03 for the year. Cantor Fitzgerald has a “Neutral” rating and a $100.00 price target on the stock. The consensus estimate for Camtek’s current full-year earnings is $2.53 per share.

Several other brokerages have also commented on CAMT. StockNews.com raised Camtek from a “sell” rating to a “hold” rating in a research note on Wednesday, November 20th. Northland Securities lifted their price target on shares of Camtek from $102.00 to $120.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Barclays dropped their target price on Camtek from $140.00 to $120.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. Stifel Nicolaus reaffirmed a “buy” rating and set a $105.00 price target on shares of Camtek in a report on Thursday, December 12th. Finally, Needham & Company LLC reissued a “buy” rating and set a $95.00 target price on shares of Camtek in a research report on Wednesday, November 13th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $112.44.

Camtek Stock Performance

Camtek stock opened at $107.14 on Wednesday. The stock has a market cap of $4.86 billion, a price-to-earnings ratio of 49.37, a price-to-earnings-growth ratio of 1.63 and a beta of 1.33. The company has a debt-to-equity ratio of 0.38, a current ratio of 5.28 and a quick ratio of 4.36. The firm has a 50 day simple moving average of $81.08 and a 200-day simple moving average of $87.34. Camtek has a 1-year low of $69.83 and a 1-year high of $140.50.

Camtek (NASDAQ:CAMT) last announced its quarterly earnings results on Tuesday, November 12th. The semiconductor company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.06. Camtek had a net margin of 26.53% and a return on equity of 24.21%. The firm had revenue of $112.30 million for the quarter, compared to analysts’ expectations of $108.51 million. During the same quarter in the previous year, the company posted $0.46 EPS. The company’s revenue was up 39.5% compared to the same quarter last year.

Hedge Funds Weigh In On Camtek

A number of hedge funds and other institutional investors have recently bought and sold shares of CAMT. Advisors Asset Management Inc. raised its holdings in Camtek by 78.8% during the third quarter. Advisors Asset Management Inc. now owns 329 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 145 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Camtek during the 3rd quarter worth approximately $53,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Camtek by 23,300.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 468 shares of the semiconductor company’s stock worth $59,000 after buying an additional 466 shares in the last quarter. Gateway Wealth Partners LLC acquired a new stake in shares of Camtek in the 2nd quarter valued at approximately $220,000. Finally, Susquehanna International Group Ltd. purchased a new stake in shares of Camtek in the second quarter valued at approximately $237,000. 41.93% of the stock is currently owned by hedge funds and other institutional investors.

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.