Camtek (NASDAQ:CAMT) Hits New 1-Year High After Analyst Upgrade

Shares of Camtek Ltd. (NASDAQ:CAMT) hit a new 52-week high during mid-day trading on Monday after Bank of America upgraded the stock from a neutral rating to a buy rating. Bank of America now has a $135.00 price target on the stock, up from their previous price target of $95.00. Camtek traded as high as $120.16 and last traded at $118.38, with a volume of 116555 shares traded. The stock had previously closed at $110.05.

Several other brokerages have also recently weighed in on CAMT. Stifel Nicolaus lifted their price target on shares of Camtek from $98.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday. Evercore ISI lifted their price target on shares of Camtek from $82.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 6th. Northland Securities set a $140.00 price target on shares of Camtek in a research note on Tuesday, October 7th. B. Riley lifted their price target on shares of Camtek from $120.00 to $145.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Cantor Fitzgerald set a $80.00 price target on shares of Camtek and gave the stock a “neutral” rating in a research note on Tuesday, June 24th. Nine investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $110.30.

Institutional Inflows and Outflows

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

Camtek Stock Performance

The company has a debt-to-equity ratio of 0.32, a quick ratio of 4.38 and a current ratio of 5.41. The company has a market capitalization of $5.42 billion, a P/E ratio of 43.58, a P/E/G ratio of 2.86 and a beta of 1.39. The business’s fifty day simple moving average is $92.75 and its 200-day simple moving average is $80.41.

Camtek (NASDAQ:CAMT) last announced its quarterly earnings results on Tuesday, August 5th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.79. The company had revenue of $123.32 million for the quarter, compared to the consensus estimate of $121.57 million. Camtek had a net margin of 28.36% and a return on equity of 23.95%. Camtek’s revenue for the quarter was up 20.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.66 EPS. Camtek has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Camtek Ltd. will post 2.93 earnings per share for the current fiscal year.

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.