2 days Ago By ABMN Staff
StockNews.com upgraded shares of Camtek ( NASDAQ:CAMT – Free Report ) from a sell rating to a hold rating in a research note issued to investors on Wednesday morning. Several other brokerages have also recently issued reports on CAMT.
Northland Securities upped their target price on shares of Camtek from $99.00 to $102.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th.
B. Riley decreased their price objective on shares of Camtek from $150.00 to $140.
00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Needham & Company LLC reiterated a “buy” rating and set a $95.00 target price on shares of Camtek in a research report on Wednesday, November 13th.
Finally, Northland Capmk raised Camtek from a “hold” rating to a “strong-buy” rating in a report on Monday, August 5th. One investment analyst has rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $110.
57. View Our Latest Report on CAMT Camtek Stock Down 0.8 % Camtek ( NASDAQ:CAMT – Get Free Report ) last posted its earnings results on Tuesday, November 12th.
The semiconductor company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.
06. The firm had revenue of $112.30 million during the quarter, compared to analysts’ expectations of $108.
51 million. Camtek had a return on equity of 24.21% and a net margin of 26.
53%. The firm’s revenue was up 39.5% compared to the same quarter last year.
During the same quarter in the previous year, the business earned $0.46 earnings per share. On average, analysts forecast that Camtek will post 2.
52 earnings per share for the current fiscal year. Hedge Funds Weigh In On Camtek A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Clal Insurance Enterprises Holdings Ltd raised its stake in Camtek by 21.
5% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,515,452 shares of the semiconductor company’s stock valued at $121,734,000 after acquiring an additional 268,258 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd.
increased its holdings in shares of Camtek by 7.5% in the third quarter. Migdal Insurance & Financial Holdings Ltd.
now owns 856,453 shares of the semiconductor company’s stock valued at $68,388,000 after purchasing an additional 60,088 shares during the period. Two Sigma Advisers LP raised its stake in shares of Camtek by 107.5% during the third quarter.
Two Sigma Advisers LP now owns 720,700 shares of the semiconductor company’s stock worth $57,548,000 after purchasing an additional 373,400 shares during the last quarter. Hood River Capital Management LLC lifted its holdings in shares of Camtek by 1.9% during the first quarter.
Hood River Capital Management LLC now owns 691,780 shares of the semiconductor company’s stock worth $57,950,000 after purchasing an additional 13,094 shares during the period. Finally, Y.D.
More Investments Ltd grew its position in Camtek by 723.7% in the 2nd quarter. Y.
D. More Investments Ltd now owns 626,973 shares of the semiconductor company’s stock valued at $78,709,000 after buying an additional 550,854 shares during the last quarter. Hedge funds and other 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. Featured Stories Receive News & Ratings for Camtek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camtek and related companies with MarketBeat.com's FREE daily email newsletter .
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