Camtek (CAMT) Stock Price, News & Analysis

Company Overview

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. It also develops automatic defect classification, which provides automatic defect classification of color images utilizing deep learning techniques to reduce and eliminate manual verification. In addition, the company offers MicroProf AP, a wafer metrology tool for applications at 3D packaging process steps; MicroProf DI, an optical inspection tool that enables inspection of structured and unstructured wafers for manufacturing process; MicroProf FE, a 2D/3D wafer metrology tool that serve front end HVM fab; MicroProf FS, an wafer metrology tool configurable for wafer foundry; MicroProf PT for hybrid metrology applications to common panel sizes; MicroProf MHU metrology tool, a material handling unit for semiconductor, MEMS, sapphire, and LED industries; MicroProf TL, an optical surface measurement tool for fully automatic 3D surface measurements; MicroProf 100, a universal surface metrology tool for determination of topography and film and sample thickness; MicroProf 200, a measuring device for contactless and non-destructive characterization of surfaces and films; and MicroProf 300, a SurfaceSens technology for quality assurance, development, and manufacturing. It serves semiconductor manufacturers, outsourced semiconductor assembly and test, integrated device manufacturers, and wafer level packaging subcontractors. Camtek Ltd. was incorporated in 1987 and is headquartered in Migdal Haemek, Israel.

Key Stats

• Today's Range: $81.73 to $85.17
• 50-Day Range: $71.12 to $87.61
• 52-Week Range: $63.11 to $140.50
• Volume: 632,997 shs
• Average Volume: 543,987 shs
• Market Capitalization: $3.78 billion
• P/E Ratio: 38.41
• Dividend Yield: 1.60%
• Price Target: $109.88
• Consensus Rating: Buy

Camtek Stock Analysis - MarketRank™

Camtek scored higher than 84% of companies evaluated by MarketBeat, and ranked 155th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

Camtek has received a consensus rating of Buy. The company's average rating score is 3.11, and is based on 8 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Camtek has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 15.02%

Earnings Growth

Earnings for Camtek are expected to grow by 15.02% in the coming year, from $2.53 to $2.91 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Camtek is 38.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Camtek is 38.41, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 238.11.

Price to Earnings Growth Ratio

Camtek has a PEG Ratio of 1.36. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Camtek has a P/B Ratio of 7.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

12.48% of the float of Camtek has been sold short.

Short Interest Ratio / Days to Cover

Camtek has a short interest ratio ("days to cover") of 6.3.

Change versus previous month

Short interest in Camtek has recently increased by 2.65%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Camtek pays a meaningful dividend of 1.73%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Camtek does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Camtek is 61.29%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Camtek will have a dividend payout ratio of 45.70% next year. This indicates that Camtek will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

12.48% of the float of Camtek has been sold short.

Short Interest Ratio / Days to Cover

Camtek has a short interest ratio ("days to cover") of 6.3.

Change versus previous month

Short interest in Camtek has recently increased by 2.65%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.90

News Sentiment

Camtek has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Camtek this week, compared to 5 articles on an average week.

Search Interest

Only 8 people have searched for CAMT on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.

MarketBeat Follows

Only 7 people have added Camtek to their MarketBeat watchlist in the last 30 days. This is a decrease of -30% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Camtek insiders have not sold or bought any company stock.

Percentage Held by Insiders

79.40% of the stock of Camtek is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

41.93% of the stock of Camtek is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CAMT Stock Analysis - Frequently Asked Questions

How have CAMT shares performed this year?

Camtek's stock was trading at $69.38 at the beginning of 2024. Since then, CAMT shares have increased by 20.1% and is now trading at $83.36.
View the best growth stocks for 2024 here.

How were Camtek's earnings last quarter?

Camtek Ltd. (NASDAQ:CAMT) released its quarterly earnings data on Tuesday, November, 12th. The semiconductor company reported $0.75 EPS for the quarter, topping analysts' consensus estimates of $0.69 by $0.06. The business's quarterly revenue was up 39.5% compared to the same quarter last year.

Who are Camtek's major shareholders?

Top institutional shareholders of Camtek include Clal Insurance Enterprises Holdings Ltd (3.34%), Migdal Insurance & Financial Holdings Ltd. (1.89%), Two Sigma Advisers LP (1.59%) and UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (1.07%).

How do I buy shares of Camtek?

Shares of CAMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Camtek own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Camtek investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), e.l.f. Beauty (ELF), Jabil (JBL), Adobe (ADBE) and Meta Platforms (META).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Optical instruments & lenses
• Sub-Industry: N/A
• Current Symbol: NASDAQ:CAMT
• CUSIP: N/A
• CIK: 1109138
• Web: www.camtek.com
• Phone: (724) 604-8100
• Fax: 972-4604-8300
• Employees: 565
• Year Founded: 1987

Price Target and Rating

• Average Stock Price Target: $109.88
• High Stock Price Target: $140.00
• Low Stock Price Target: $95.00
• Potential Upside/Downside: +31.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.11
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.17
• Trailing P/E Ratio: 38.41
• Forward P/E Ratio: 32.95
• P/E Growth: 1.36
• Net Income: $78.63 million
• Net Margins: 26.53%
• Pretax Margin: 29.12%
• Return on Equity: 24.21%
• Return on Assets: 14.26%

Debt

• Debt-to-Equity Ratio: 0.38
• Current Ratio: 5.28
• Quick Ratio: 4.36

Sales & Book Value

• Annual Sales: $400.63 million
• Price / Sales: 9.44
• Cash Flow: $2.25 per share
• Price / Cash Flow: 36.97
• Book Value: $10.69 per share
• Price / Book: 7.80

Miscellaneous

• Outstanding Shares: 45,366,000
• Free Float: 9,345,000
• Market Cap: $3.78 billion
• Optionable: Optionable
• Beta: 1.34