Equities research analysts expect Camtek LTD. (NASDAQ:CAMT) to announce earnings of $0.14 per share for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Camtek’s earnings. The lowest EPS estimate is $0.13 and the highest is $0.15. Camtek posted earnings per share of $0.08 in the same quarter last year, which indicates a positive year-over-year growth rate of 75%. The business is expected to announce its next quarterly earnings report on Tuesday, November 6th.

On average, analysts expect that Camtek will report full-year earnings of $0.53 per share for the current year, with EPS estimates ranging from $0.51 to $0.54. For the next financial year, analysts forecast that the business will report earnings of $0.66 per share, with EPS estimates ranging from $0.62 to $0.70. Zacks’ earnings per share averages are an average based on a survey of research firms that follow Camtek.

Camtek (NASDAQ:CAMT) last issued its earnings results on Tuesday, July 31st. The semiconductor company reported $0.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.01). The company had revenue of $30.46 million during the quarter, compared to analysts’ expectations of $29.50 million. Camtek had a return on equity of 16.72% and a net margin of 20.86%. The company’s revenue for the quarter was up 34.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.06 EPS.

CAMT has been the subject of a number of analyst reports. ValuEngine cut Camtek from a “buy” rating to a “hold” rating in a report on Wednesday, June 6th. Zacks Investment Research upgraded Camtek from a “hold” rating to a “buy” rating and set a $8.00 price target for the company in a report on Friday, May 4th. BidaskClub cut Camtek from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 16th. Finally, B. Riley upped their price target on Camtek from $8.50 to $11.00 and gave the stock a “buy” rating in a report on Wednesday, August 1st. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $9.56.

NASDAQ CAMT traded up $0.08 on Friday, reaching $10.42. The company had a trading volume of 269,768 shares, compared to its average volume of 333,737. The stock has a market cap of $373.18 million, a PE ratio of 40.08 and a beta of 1.40. Camtek has a 1 year low of $4.26 and a 1 year high of $11.11.

Several institutional investors have recently added to or reduced their stakes in the company. Fortaleza Asset Management Inc. purchased a new position in shares of Camtek during the 2nd quarter valued at approximately $122,000. Campbell & CO Investment Adviser LLC purchased a new position in shares of Camtek during the 2nd quarter valued at approximately $201,000. Jane Street Group LLC purchased a new position in shares of Camtek during the 2nd quarter valued at approximately $272,000. Macquarie Group Ltd. purchased a new position in shares of Camtek during the 2nd quarter valued at approximately $347,000. Finally, Deutsche Bank AG purchased a new position in shares of Camtek during the 4th quarter valued at approximately $485,000. Institutional investors own 24.52% of the company’s stock.

Camtek Company Profile

Camtek Ltd. provides inspection and metrology solutions for the semiconductor industry in the Asia Pacific, North America, and Europe. The company provides solutions based on its advanced image processing, motion control, material handling, and optics related technologies. It designs, develops, manufactures, and markets automatic optical inspection (AOI) systems that optically inspect and measure various types of semiconductors wafers.

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Earnings History and Estimates for Camtek (NASDAQ:CAMT)

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