Camtek Ltd (NASDAQ: CAMT): How Much Is It Worth And What Should Investors Do?

During the last session, Camtek Ltd (NASDAQ:CAMT)’s traded shares were 0.37 million, with the beta value of the company hitting 1.35. At the end of the trading day, the stock’s price was $86.82, reflecting an intraday loss of -1.89% or -$1.67. The 52-week high for the CAMT share is $140.50, that puts it down -61.83 from that peak though still a striking 19.57% gain since the share price plummeted to a 52-week low of $69.83. The company’s market capitalization is $3.94B, and the average intraday trading volume over the past 10 days was 0.62 million shares, and the average trade volume was 562.76K shares over the past three months.

Camtek Ltd (CAMT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.33. CAMT has a Sell rating from 1 analyst(s) out of 11 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 8 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.77.

Camtek Ltd (NASDAQ:CAMT) trade information

Camtek Ltd (CAMT) registered a -1.89% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.89% in intraday trading to $86.82, hitting a weekly high. The stock’s 5-day price performance is 0.58%, and it has moved by -7.12% in 30 days. Based on these gigs, the overall price performance for the year is 12.47%. The short interest in Camtek Ltd (NASDAQ:CAMT) is 4.01 million shares and it means that shorts have 6.44 day(s) to cover.

The consensus price target of analysts on Wall Street is $120, which implies an increase of 27.65% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $120 and $120 respectively. As a result, CAMT is trading at a discount of -38.22% off the target high and -38.22% off the low.

Camtek Ltd (CAMT) estimates and forecasts

In the rating firms’ projections, revenue will increase 14.43% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 119.07M as predicted by 8 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to 121.41M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 97.01M and 102.59M respectively. In this case, analysts expect current quarter sales to grow by 22.74% and then jump by 18.35% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 34.32%. While earnings are projected to return 13.53% in 2025, the next five years will return 12.08% per annum.

CAMT Dividends

Camtek Ltd is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 1.25 million shares, is of CLAL INSURANCE ENTERPRISES HOLDINGS LTD’s that is approximately 2.767% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $156.39 million.

Also, the Mutual Funds coming in first place with the largest holdings of Camtek Ltd (CAMT) shares are Federated Hermes Kaufmann Small Cap Fund and Vanguard International Stock Index-Total Intl Stock Indx . Data provided on Oct 31, 2024 indicates that Federated Hermes Kaufmann Small Cap Fund owns about 750.0 shares. This amounts to just over 1.65 percent of the company’s overall shares, with a $65.11 million market value. The same data shows that the other fund manager holds slightly less at 383.18, or about 0.84% of the stock, which is worth about $33.27 million.