Is Camtek Ltd. (CAMT) a Buy? The Stock Rises Again

March 14, 2018 - By Peter Erickson

The stock of Camtek Ltd. (NASDAQ:CAMT) is a huge mover today! The stock increased 4.79% or $0.32 during the last trading session, reaching $7. About 155,410 shares traded or 27.84% up from the average. Camtek Ltd. (NASDAQ:CAMT) has risen 166.84% since March 14, 2017 and is uptrending. It has outperformed by 150.14% the S&P500.
The move comes after 8 months positive chart setup for the $250.83M company. It was reported on Mar, 14 by We have $7.42 PT which if reached, will make NASDAQ:CAMT worth $15.05M more.

Analysts await Camtek Ltd. (NASDAQ:CAMT) to report earnings on May, 8. They expect $0.11 EPS, up 22.22 % or $0.02 from last year’s $0.09 per share. CAMT’s profit will be $3.94 million for 15.91 P/E if the $0.11 EPS becomes a reality. After $0.09 actual EPS reported by Camtek Ltd. for the previous quarter, Wall Street now forecasts 22.22 % EPS growth.

Camtek Ltd. (NASDAQ:CAMT) Ratings Coverage

Among 5 analysts covering Camtek Ltd (NASDAQ:CAMT), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Camtek Ltd had 15 analyst reports since July 27, 2015 according to SRatingsIntel. On Thursday, July 30 the stock rating was maintained by Chardan Capital Markets with “Buy”. B. Riley & Co maintained the stock with “Buy” rating in Thursday, February 8 report. B. Riley & Co maintained the stock with “Buy” rating in Friday, July 21 report. The stock has “Buy” rating by Needham on Friday, February 12. Needham initiated Camtek Ltd. (NASDAQ:CAMT) rating on Monday, July 27. Needham has “Buy” rating and $4 target. The firm has “Buy” rating given on Friday, July 22 by Needham. The stock has “Buy” rating by Needham on Tuesday, October 3. The firm has “Buy” rating by Needham given on Wednesday, February 7. Needham maintained the stock with “Hold” rating in Monday, September 18 report. The rating was maintained by B. Riley & Co on Thursday, August 3 with “Buy”.

More notable recent Camtek Ltd. (NASDAQ:CAMT) news were published by: which released: “Why Camtek Ltd.’s Stock Fell Sharply on Tuesday” on June 27, 2017, also with their article: “Form 6-K CAMTEK LTD For: Mar 14” published on March 14, 2018, published: “Camtek Launches a New Eagle Model for Post Dicing Inspection” on January 30, 2018. More interesting news about Camtek Ltd. (NASDAQ:CAMT) were released by: and their article: “Camtek Reaches Final Settlement with Rudolph Technologies” published on July 31, 2017 as well as‘s news article titled: “Camtek: Why We Sold Our PCB Activity” with publication date: July 20, 2017.

Camtek Ltd. designs, develops, manufactures, and markets automated optical inspection systems for semiconductor wafers, integrated circuit substrates, and printed circuit boards (PCBs) in Israel. The company has market cap of $250.83 million. It operates in two divisions, Microelectronics and PCB. It has a 17.77 P/E ratio. The companyÂ’s AOI systems are computerized systems that optically inspect various types of electronic product components for defect caused during the manufacturing process, as well as used to enhance production processes and yields for manufacturers in the semiconductor fabrication and PCB industries.

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