Camtek Ltd (NASDAQ:CAMT)’s traded shares stood at 0.34 million during the last session, with the company’s beta value hitting 1.36. At the close of trading, the stock’s price was $59.90, to imply an increase of 4.32% or $2.48 in intraday trading. The CAMT share’s 52-week high remains $140.50, putting it -134.56% down since that peak but still an impressive 20.85% since price per share fell to its 52-week low of $47.41. The company has a valuation of $2.73B, with an average of 0.6 million shares in intraday trading volume over the past 10 days and average of 586.58K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Camtek Ltd (CAMT), translating to a mean rating of 1.33. Of 11 analyst(s) looking at the stock, 1 analyst(s) give CAMT a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 8 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.77.
Camtek Ltd (NASDAQ:CAMT) trade information
After registering a 4.32% upside in the last session, Camtek Ltd (CAMT) has traded red over the past five days. The 5-day price performance for the stock is 18.47%, and -5.65% over 30 days. With these gigs, the year-to-date price performance is -25.84%. Short interest in Camtek Ltd (NASDAQ:CAMT) saw shorts transact 4.04 million shares and set a 7.36 days time to cover.
The extremes give us $120 and $120 for target low and target high price respectively. As such, CAMT has been trading -100.33% off suggested target high and -100.33% from its likely low.
Camtek Ltd (CAMT) estimates and forecasts
The rating firms project that company’s revenue will grow 13.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 8 analysts is 119M. Meanwhile, for the current quarter, a total of 8 analyst(s) estimate revenue growth to 120.89M.Earnings reports from the last fiscal year show that sales brought in 97.01M and 102.59M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 22.67% before jumping 17.84% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 34.36% for the past 5-year period. While 2025 is set for a 12.51% return in earnings, projections for the next 5 years are at 8.90% annually.
CAMT Dividends
Camtek Ltd has its next earnings report out on 2025-Feb-11. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Camtek Ltd (NASDAQ:CAMT)’s Major holders
Camtek Ltd insiders hold 38.36% of total outstanding shares, with institutional holders owning 50.52% of the shares at 81.95% float percentage. In total, 50.52% institutions holds shares in the company, led by DRIEHAUS CAPITAL MANAGEMENT LLC. As of 2024-06-30, the company held over 1.34 million shares (or 2.9594% of shares), all amounting to roughly $167.7 million.
The next major institution holding the largest number of shares is CLAL INSURANCE ENTERPRISES HOLDINGS LTD with 1.25 million shares, or about 2.7565% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $156.39 million.
We also have Federated Hermes Equity Funds-Federated Hermes Kaufmann Small Cap Fund and Brown Capital Mgmt Mutual Fd.s-The Brown Capital Mgmt Intl Small Compa as the top two Mutual Funds with the largest holdings of the Camtek Ltd (CAMT) shares. Going by data provided on Jan 31, 2025 , Federated Hermes Equity Funds-Federated Hermes Kaufmann Small Cap Fund holds roughly 610.0 shares. This is just over 1.34% of the total shares, with a market valuation of $36.54 million. Data from the same date shows that the other fund manager holds a little less at 587.36, or 1.29% of the shares, all valued at about 35.18 million.
