Camtek (NASDAQ:CAMT) Announces Quarterly Earnings Results

Camtek (NASDAQ:CAMT) issued its quarterly earnings data on Wednesday. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06), Zacks reports. Camtek had a return on equity of 24.21% and a net margin of 26.53%. Camtek updated its Q1 2025 guidance to EPS.

Camtek Stock Performance

Camtek stock traded down $0.76 during mid-day trading on Wednesday, reaching $86.64. The company’s stock had a trading volume of 293,270 shares, compared to its average volume of 612,855. Camtek has a 12-month low of $69.83 and a 12-month high of $140.50. The firm’s fifty day moving average price is $86.73 and its two-hundred day moving average price is $84.20. The company has a debt-to-equity ratio of 0.38, a quick ratio of 4.36 and a current ratio of 5.28. The company has a market capitalization of $3.93 billion, a P/E ratio of 39.93, a PEG ratio of 1.43 and a beta of 1.34.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Stifel Nicolaus restated a “buy” rating and issued a $105.00 target price on shares of Camtek in a research report on Thursday, December 12th. Needham & Company LLC restated a “buy” rating and issued a $95.00 price target on shares of Camtek in a research report on Wednesday, November 13th. StockNews.com raised Camtek from a “sell” rating to a “hold” rating in a research note on Wednesday, November 20th. Cantor Fitzgerald started coverage on shares of Camtek in a report on Monday, January 13th. They issued a “neutral” rating and a $100.00 target price for the company. Finally, Northland Securities boosted their target price on Camtek from $102.00 to $120.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Camtek presently has an average rating of “Moderate Buy” and an average price target of $112.44.

Camtek Company Profile

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.