Camtek (NASDAQ:CAMT) Issues Earnings Results, Misses Estimates By $0.06 EPS

Camtek (NASDAQ:CAMT) issued its quarterly earnings results on Wednesday. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate 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

Shares of CAMT stock traded down $0.76 during trading hours on Wednesday, reaching $86.64. 293,270 shares of the company traded hands, compared to its average volume of 612,855. The firm has a 50-day moving average price of $86.73 and a 200 day moving average price of $84.20. The company has a market cap of $3.93 billion, a P/E ratio of 39.93, a P/E/G ratio of 1.43 and a beta of 1.34. Camtek has a 12-month low of $69.83 and a 12-month high of $140.50. The company has a debt-to-equity ratio of 0.38, a current ratio of 5.28 and a quick ratio of 4.36.

Wall Street Analyst Weigh In

Several research firms have recently commented on CAMT. Needham & Company LLC reaffirmed a “buy” rating and issued a $95.00 target price 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 report on Wednesday, November 20th. Barclays decreased their target price on Camtek from $140.00 to $120.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $105.00 price target on shares of Camtek in a research note on Thursday, December 12th. Finally, Northland Securities upped their target price on shares of Camtek from $102.00 to $120.00 and gave the stock an “outperform” rating in a research report 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 company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $112.44.

About Camtek

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.