B. Riley reissued their buy rating on shares of Camtek (NASDAQ:CAMT) in a report published on Monday, MarketBeat.com reports. The firm currently has a $8.00 target price on the semiconductor company’s stock, up from their previous target price of $7.50. B. Riley also issued estimates for Camtek’s Q2 2018 earnings at $0.11 EPS, Q3 2018 earnings at $0.11 EPS, Q4 2018 earnings at $0.11 EPS, FY2018 earnings at $0.44 EPS, Q1 2019 earnings at $0.12 EPS, Q1 2019 earnings at $0.14 EPS, Q2 2019 earnings at $0.16 EPS, Q2 2019 earnings at $0.14 EPS, Q3 2019 earnings at $0.15 EPS, Q3 2019 earnings at $0.16 EPS, Q4 2019 earnings at $0.17 EPS, Q4 2019 earnings at $0.15 EPS, FY2019 earnings at $0.57 EPS and FY2020 earnings at $0.74 EPS.

CAMT has been the subject of several other research reports. TheStreet upgraded shares of Camtek from a c rating to a b rating in a research report on Thursday, November 9th. ValuEngine raised shares of Camtek from a hold rating to a buy rating in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating and three have assigned a buy rating to the company. Camtek currently has a consensus rating of Buy and a consensus target price of $7.17.

Shares of Camtek (NASDAQ:CAMT) opened at $6.55 on Monday. Camtek has a 12-month low of $3.44 and a 12-month high of $7.96. The company has a market cap of $245.09, a price-to-earnings ratio of 17.24 and a beta of 1.16.

Camtek (NASDAQ:CAMT) last released its quarterly earnings results on Wednesday, February 7th. The semiconductor company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.01). Camtek had a net margin of 13.54% and a return on equity of 16.68%. The business had revenue of $25.84 million during the quarter, compared to analysts’ expectations of $24.50 million. During the same quarter last year, the company earned $0.02 EPS. The firm’s revenue for the quarter was up 20.0% compared to the same quarter last year. analysts expect that Camtek will post 0.44 earnings per share for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. acquired a new position in Camtek in the 3rd quarter valued at $468,000. Navellier & Associates Inc acquired a new position in Camtek in the 2nd quarter valued at $208,000. Cubist Systematic Strategies LLC acquired a new position in Camtek in the 2nd quarter valued at $107,000. Finally, PEAK6 Investments L.P. increased its stake in Camtek by 632.2% in the 3rd quarter. PEAK6 Investments L.P. now owns 21,444 shares of the semiconductor company’s stock valued at $110,000 after buying an additional 25,473 shares during the period. 17.36% of the stock is currently owned by institutional investors.

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About Camtek

Camtek Ltd is an Israel-based manufacturer of metrology and inspection equipment and a provider of software solutions. The Company mainly serves the Advanced Packaging, Memory, Complementary Metal Oxide Semiconductor (CMOS) Image Sensors, Micro Electro Mechanical Sensor (MEMS), Radio Frequency (RF) and other segments in the mid end of the semiconductors industry.

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