Camtek (NASDAQ:CAMT) Posts Earnings Results, Misses Expectations By $0.06 EPS

Camtek (NASDAQ:CAMT) released 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 net margin of 26.53% and a return on equity of 24.21%. Camtek updated its Q1 2025 guidance to EPS.

Camtek Price Performance

NASDAQ CAMT traded down $1.89 during midday trading on Friday, hitting $86.61. The company had a trading volume of 161,533 shares, compared to its average volume of 620,082. The company has a current ratio of 5.28, a quick ratio of 4.36 and a debt-to-equity ratio of 0.38. Camtek has a twelve month low of $69.83 and a twelve month high of $140.50. The company has a market capitalization of $3.93 billion, a PE ratio of 39.91, a P/E/G ratio of 1.43 and a beta of 1.34. The firm has a 50-day moving average price of $86.96 and a 200-day moving average price of $84.22.

Analyst Ratings Changes

CAMT has been the subject of several recent research reports. Barclays reduced their price target on Camtek from $140.00 to $120.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. Northland Securities boosted their price target on Camtek from $102.00 to $120.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Needham & Company LLC restated a “buy” rating and issued a $110.00 price target on shares of Camtek in a research note on Thursday. Stifel Nicolaus restated a “buy” rating and issued a $105.00 price target on shares of Camtek in a research note on Thursday, December 12th. Finally, Cantor Fitzgerald assumed coverage on Camtek in a research note on Monday, January 13th. They issued a “neutral” rating and a $100.00 price target for the company. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Camtek presently has a consensus rating of “Moderate Buy” and an average target price of $114.11.

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.