After Today’s Big Increase, Is Camtek Ltd. (CAMT)’s Near-Term Analysis Positive?

March 14, 2018 - By Nellie Frank

The stock of Camtek Ltd. (NASDAQ:CAMT) is a huge mover today! The stock increased 4.79% or $0.32 during the last trading session, reaching $7. About 155,410 shares traded or 27.84% up from the average. Camtek Ltd. (NASDAQ:CAMT) has risen 166.84% since March 14, 2017 and is uptrending. It has outperformed by 150.14% the S&P500.
The move comes after 8 months positive chart setup for the $250.83M company. It was reported on Mar, 14 by We have $7.42 PT which if reached, will make NASDAQ:CAMT worth $15.05M more.

Analysts await Camtek Ltd. (NASDAQ:CAMT) to report earnings on May, 8. They expect $0.11 earnings per share, up 22.22 % or $0.02 from last year’s $0.09 per share. CAMT’s profit will be $3.94 million for 15.91 P/E if the $0.11 EPS becomes a reality. After $0.09 actual earnings per share reported by Camtek Ltd. for the previous quarter, Wall Street now forecasts 22.22 % EPS growth.

Camtek Ltd. (NASDAQ:CAMT) Ratings Coverage

Among 5 analysts covering Camtek Ltd (NASDAQ:CAMT), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Camtek Ltd had 15 analyst reports since July 27, 2015 according to SRatingsIntel. The company was maintained on Friday, July 21 by B. Riley & Co. The rating was initiated by Needham on Monday, July 27 with “Buy”. The rating was upgraded by Zacks to “Buy” on Friday, September 4. Needham maintained the shares of CAMT in report on Friday, July 22 with “Buy” rating. The company was maintained on Wednesday, February 7 by Needham. The firm has “Buy” rating given on Thursday, August 3 by B. Riley & Co. The stock of Camtek Ltd. (NASDAQ:CAMT) earned “Buy” rating by B. Riley & Co on Thursday, February 8. The rating was maintained by Needham on Friday, February 12 with “Buy”. On Monday, September 18 the stock rating was maintained by Needham with “Hold”. The firm has “Hold” rating given on Thursday, August 6 by Zacks.

More notable recent Camtek Ltd. (NASDAQ:CAMT) news were published by: which released: “Camtek Ltd (CAMT) Reports Multiple Systems Order from Chinese Manufacturer for …” on March 14, 2018, also with their article: “Camtek Launches a New Eagle Model for Post Dicing Inspection” published on January 30, 2018, published: “Camtek Announces Fourth Quarter and Full Year 2017 Results” on February 07, 2018. More interesting news about Camtek Ltd. (NASDAQ:CAMT) were released by: and their article: “Why Camtek Ltd.’s Stock Fell Sharply on Tuesday” published on June 27, 2017 as well as‘s news article titled: “Camtek Reaches Final Settlement with Rudolph Technologies” with publication date: July 31, 2017.

Camtek Ltd. designs, develops, manufactures, and markets automated optical inspection systems for semiconductor wafers, integrated circuit substrates, and printed circuit boards (PCBs) in Israel. The company has market cap of $250.83 million. It operates in two divisions, Microelectronics and PCB. It has a 17.77 P/E ratio. The companyÂ’s AOI systems are computerized systems that optically inspect various types of electronic product components for defect caused during the manufacturing process, as well as used to enhance production processes and yields for manufacturers in the semiconductor fabrication and PCB industries.

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