Evercore ISI Forecasts Strong Price Appreciation for Camtek (NASDAQ:CAMT) Stock

Camtek (NASDAQ:CAMTGet Free Report) had its target price boosted by investment analysts at Evercore ISI from $100.00 to $130.00 in a report released on Tuesday,Benzinga reports. The firm currently has an “outperform” rating on the semiconductor company’s stock. Evercore ISI’s price target points to a potential upside of 26.14% from the company’s previous close.

Several other equities research analysts have also recently weighed in on CAMT. Bank of America raised Camtek from a “neutral” rating to a “buy” rating and upped their price target for the stock from $95.00 to $135.00 in a research note on Monday, October 13th. Needham & Company LLC boosted their price objective on shares of Camtek from $80.00 to $98.00 and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Jefferies Financial Group set a $105.00 price target on Camtek and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Northland Securities set a $140.00 price objective on Camtek in a research note on Tuesday, October 7th. Finally, B. Riley increased their target price on Camtek from $120.00 to $145.00 and gave the stock a “buy” rating in a research note on Friday, October 10th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Camtek currently has a consensus rating of “Moderate Buy” and an average target price of $116.80.

Read Our Latest Stock Report on CAMT

Camtek Trading Down 1.0%

CAMT opened at $103.06 on Tuesday. Camtek has a one year low of $47.41 and a one year high of $129.41. The company has a debt-to-equity ratio of 0.32, a current ratio of 5.41 and a quick ratio of 4.38. The business has a 50 day simple moving average of $108.35 and a two-hundred day simple moving average of $89.67. The firm has a market capitalization of $4.70 billion, a price-to-earnings ratio of 37.75, a PEG ratio of 3.24 and a beta of 1.46.

Camtek (NASDAQ:CAMTGet Free Report) last announced its earnings results on Monday, November 10th. The semiconductor company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.02. Camtek had a net margin of 28.36% and a return on equity of 23.95%. The firm had revenue of $125.99 million for the quarter, compared to analyst estimates of $125.04 million. During the same quarter in the previous year, the firm posted $0.75 EPS. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. Camtek has set its Q4 2025 guidance at EPS. Analysts predict that Camtek will post 2.93 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Analog Century Management LP bought a new stake in Camtek in the 2nd quarter worth approximately $52,321,000. Wasatch Advisors LP boosted its stake in shares of Camtek by 18.6% in the 2nd quarter. Wasatch Advisors LP now owns 3,506,727 shares of the semiconductor company’s stock worth $296,529,000 after buying an additional 550,072 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Camtek by 110.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,015,307 shares of the semiconductor company’s stock worth $59,527,000 after buying an additional 532,944 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Camtek by 27.8% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,134,671 shares of the semiconductor company’s stock worth $123,622,000 after acquiring an additional 464,671 shares during the period. Finally, Phoenix Financial Ltd. increased its position in Camtek by 266.0% during the first quarter. Phoenix Financial Ltd. now owns 469,178 shares of the semiconductor company’s stock valued at $27,740,000 after acquiring an additional 341,000 shares during the last quarter. Institutional investors own 41.93% of the company’s stock.

About Camtek

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Camtek (NASDAQ:CAMT)

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