2 weeks Ago By ABMN Staff
Camtek ( NASDAQ:CAMT – Get Free Report ) had its price target raised by research analysts at Northland Securities from $99.00 to $102.00 in a research note issued on Wednesday, Benzinga reports.
The firm presently has an “outperform” rating on the semiconductor company’s stock. Northland Securities’ price objective points to a potential upside of 29.57% from the company’s previous close.
CAMT has been the subject of a number of other research reports. Needham & Company LLC reiterated a “buy” rating and set a $140.00 price target on shares of Camtek in a research report on Friday, August 2nd.
B. Riley dropped their price objective on Camtek from $150.00 to $140.
00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. StockNews.com downgraded Camtek from a “hold” rating to a “sell” rating in a research note on Tuesday.
Finally, Northland Capmk raised Camtek from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.
com, Camtek presently has a consensus rating of “Moderate Buy” and a consensus target price of $110.57. View Our Latest Report on CAMT Camtek Trading Down 1.
5 % Camtek ( NASDAQ:CAMT – Get Free Report ) last announced its quarterly earnings results on Tuesday, November 12th. The semiconductor company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.
69 by $0.06. Camtek had a return on equity of 24.
84% and a net margin of 26.53%. The company had revenue of $112.
30 million during the quarter, compared to analyst estimates of $108.51 million. During the same quarter in the previous year, the firm posted $0.
46 EPS. The firm’s quarterly revenue was up 39.5% on a year-over-year basis.
As a group, research analysts expect that Camtek will post 2.45 EPS for the current year. Institutional Investors Weigh In On Camtek Institutional investors and hedge funds have recently modified their holdings of the stock.
Fred Alger Management LLC acquired a new position in Camtek during the second quarter valued at $8,386,000. Meitav Investment House Ltd. raised its position in Camtek by 14.
1% during the third quarter. Meitav Investment House Ltd. now owns 373,044 shares of the semiconductor company’s stock valued at $29,887,000 after buying an additional 46,016 shares during the period.
Sei Investments Co. raised its position in Camtek by 41.5% during the first quarter.
Sei Investments Co. now owns 94,473 shares of the semiconductor company’s stock valued at $7,914,000 after buying an additional 27,707 shares during the period. Squarepoint Ops LLC acquired a new position in Camtek during the second quarter valued at $1,423,000.
Finally, Tidal Investments LLC acquired a new position in Camtek during the first quarter valued at $1,716,000. 41.93% of the stock is owned by institutional investors and hedge funds.
Camtek Company Profile ( 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.
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