Camtek (NASDAQ:CAMT) Sets New 12-Month High – Here’s What Happened

Camtek Ltd. (NASDAQ:CAMT)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $119.26 and last traded at $116.68, with a volume of 270695 shares trading hands. The stock had previously closed at $113.33.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on CAMT. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Camtek in a research note on Saturday, September 27th. Zacks Research raised Camtek to a “hold” rating in a research note on Monday, August 11th. Evercore ISI upped their price target on Camtek from $82.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. Jefferies Financial Group set a $105.00 price objective on Camtek and gave the company a “buy” rating in a report on Tuesday, August 5th. Finally, Bank of America downgraded Camtek from a “buy” rating to a “neutral” rating and set a $95.00 price objective on the stock. in a report on Wednesday, August 6th. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $96.10.

Camtek Price Performance

The company has a current ratio of 5.41, a quick ratio of 4.38 and a debt-to-equity ratio of 0.32. The stock has a market cap of $5.32 billion, a PE ratio of 42.74, a P/E/G ratio of 2.94 and a beta of 1.39. The company has a fifty day moving average of $90.97 and a 200-day moving average of $78.66.

Camtek (NASDAQ:CAMT) last issued its quarterly earnings results on Tuesday, August 5th. The semiconductor company reported $0.79 earnings per share for the quarter, hitting the consensus estimate of $0.79. Camtek had a return on equity of 23.95% and a net margin of 28.36%.The company had revenue of $123.32 million for the quarter, compared to the consensus estimate of $121.57 million. During the same quarter in the prior year, the business earned $0.66 EPS. Camtek’s revenue was up 20.2% on a year-over-year basis. Camtek has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Camtek Ltd. will post 2.93 EPS for the current fiscal year.

Institutional Investors Weigh In On Camtek

Several large investors have recently bought and sold shares of CAMT. Caitong International Asset Management Co. Ltd purchased a new stake in Camtek during the 1st quarter worth about $31,000. Advisors Asset Management Inc. increased its holdings in Camtek by 61.6% during the 1st quarter. Advisors Asset Management Inc. now owns 769 shares of the semiconductor company’s stock worth $45,000 after purchasing an additional 293 shares during the period. Optimum Investment Advisors increased its holdings in Camtek by 60.0% during the 2nd quarter. Optimum Investment Advisors now owns 1,200 shares of the semiconductor company’s stock worth $101,000 after purchasing an additional 450 shares during the period. Petrus Trust Company LTA increased its holdings in Camtek by 12.9% during the 1st quarter. Petrus Trust Company LTA now owns 3,706 shares of the semiconductor company’s stock worth $217,000 after purchasing an additional 422 shares during the period. Finally, Blue Trust Inc. increased its holdings in Camtek by 9.0% during the 1st quarter. Blue Trust Inc. now owns 4,237 shares of the semiconductor company’s stock worth $248,000 after purchasing an additional 351 shares during the period. Hedge funds and other institutional investors own 41.93% of the company’s stock.

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.