Camtek Ltd. (CAMT) Increases Again; Strong Momentum for Buyers

March 14, 2018 - By Adrian 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 earnings per share, 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 earnings per share 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. The rating was maintained by Needham with “Buy” on Friday, February 12. The company was maintained on Thursday, July 30 by Chardan Capital Markets. Needham initiated Camtek Ltd. (NASDAQ:CAMT) rating on Monday, July 27. Needham has “Buy” rating and $4 target. The firm earned “Buy” rating on Friday, July 21 by B. Riley & Co. The stock has “Buy” rating by B. Riley & Co on Thursday, August 3. On Tuesday, October 3 the stock rating was upgraded by Needham to “Buy”. The firm has “Buy” rating given on Thursday, February 8 by B. Riley & Co. On Tuesday, June 27 the stock rating was downgraded by Needham to “Hold”. The stock of Camtek Ltd. (NASDAQ:CAMT) has “Hold” rating given on Monday, September 18 by Needham. The stock has “Buy” rating by Zacks on Friday, September 4.

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: “Camtek Ltd (CAMT) Reports Multiple Systems Order from Chinese Manufacturer for …” published on March 14, 2018, published: “Camtek: Why We Sold Our PCB Activity” on July 20, 2017. More interesting news about Camtek Ltd. (NASDAQ:CAMT) were released by: and their article: “Camtek Launches a New Eagle Model for Post Dicing Inspection” published on January 30, 2018 as well as‘s news article titled: “Camtek Reaches Final Settlement with Rudolph Technologies” with publication date: July 31, 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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