CAMT - Camtek Ltd.
| Previous Close | 10.66 |
| Open | 10.16 |
| Bid | 9.10 x 900 |
| Ask | 13.39 x 800 |
| Day's Range | 9.94 - 10.72 |
| 52 Week Range | 7.88 - 14.24 |
| Volume | 275,189 |
| Avg. Volume | 99,885 |
| Market Cap | 405.052M |
| Beta (5Y Monthly) | 1.73 |
| PE Ratio (TTM) | 18.39 |
| EPS (TTM) | 0.57 |
| Earnings Date | Feb 19, 2020 |
| Forward Dividend & Yield | 0.68 (6.30%) |
| Ex-Dividend Date | Aug 19, 2019 |
| 1y Target Est | 16.00 |
- Zacks
Camtek (CAMT) Upgraded to Buy: Here's Why
Camtek (CAMT) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- TipRanks
3 Stocks Needham’s Top Analysts Are Raving About
Needham, the independent investment banking and asset management firm, has had its analysts working overtime lately, releasing a series of reports on what’s hot in today’s stock markets. The research notes are coming out at just the right time – the beginning a new year, and just as the Q4 earnings season is in full swing.A look at some of Needham’s recommendations may be useful, in finding strong stocks to beef up a portfolio. We’ve pulled three reports from Needham’s top-rated analysts, and looked at the stocks through the TipRanks Stock Comparison tool. The results are interesting, as these three companies show different combinations of strengths.Vonage Holdings Corporation (VG)First up on our Needham list is Vonage, a telecom technology company. Vonage’s products allow customers to make and receive phone calls, local and long distance, on an ordinary touch-tone phone, via existing high-speed internet connections. The company’s cloud-based software products are available for both businesses and private customers.Vonage’s prospects are looking good, after a strong Q4 earnings report. The company reported positive EPS of 6 cents, a welcome change after Q3’s 2-cent per share loss. Revenue grew more than expected, reaching $310 million for the quarter and expanding 2.4% sequentially.Needham analyst Richard Valera, rated 5-stars by TipRanks, points out the overall quality of Vonage’s products, and the company’s position as a ‘one stop shop’ for UCaaS solutions. He is optimistic about the VG’s future prospects, and writes, “While sales execution issues and a limited international footprint for its natively developed VBC UCaaS product have resulted in below industry growth in its Applications business, we believe the company should be able to turn this around as sales investments over the past year plus start bearing fruit and it builds out its VBC footprint.”Valera puts a Buy rating on this stock, along with a $13 price target that indicates room for 32% upside growth. (To watch Valera’s track record, click here)Overall, Vonage’s 9 recent analyst ratings include 7 Buys against just 2 Holds, and add up to a Strong Buy consensus rating. The stock sells for $9.91, and the average price target of $13.69 suggests a strong 38% upside potential. (See Vonage stock analysis at TipRanks)Advanced Energy Industries (AEIS)Next on our list is mid-cap player in the energy industry. Advanced Energy is a tech company that designs custom power conversion and measurement & control systems for industrial customers. The company’s products have applications in the data center, manufacturing, semiconductor, and telecom sectors, among others. In fiscal 2019, AEIS saw $718.9 million in total revenues.The fourth quarter earnings, for calendar 2019, show the company’s solid footing in greater detail. Revenue was up 93% sequentially and 119% year-over-year, to $338.3 million, beating the forecasts by over 8%. EPS was 24% above estimates, at 87 cents. That was a 61% sequential earnings gain, and 19% year-over-year.Strengthening demand from semiconductor equipment makers pushed the top-line revenue growth, while AEIS’s data center business remained solid. These strong sectors were more than enough to outweigh headwinds in the industrial and telecom segments of the company’s business. AEIS shares are up 39% over the past 12 months, outperforming the broader markets.Quinn Bolton, another of Needham’s 5-star analysts, is bullish on AEIS, rating the stock a Buy and giving it an $83 price target – for a 23% upside potential.Supporting his Buy-side stance on the shares, Bolton writes, “Advanced Energy has been one of the fastest growing semiconductor critical subsystems suppliers in the wafer fab equipment (WFE) supply chain. Its semiconductor business tripled through the last WFE upcycle... Its semiconductor business also carries the highest gross margin in the semiconductor equipment supply chain due to the highly technical and mission-critical nature of power subsystems…” (To watch Bolton’s track record, click here)AEIS shares sell for $67.50, and the stock has an average price target of $81. This yields a 16% upside potential, slightly below Bolton’s view. The 5 recent reviews include 4 Buys and 1 Hold, giving the stock a Strong Buy consensus rating. (See Advanced Energy’s stock analysis at TipRanks)Camtek, Ltd. (CAMT)Last on our list is Camtek, a small-cap company optical inspection and metrology business. The company is another equipment supplier to the chip industry; its software solutions enable semiconductor chip makers to improve yield while cutting costs.Camtek has been benefiting the chip industry’s gains, and revenues were up in Q4. The top line showed $33.2 million in quarterly revenue, beating the estimate by 2.6% and just edging over the year-ago number of $33.17 million. EPS results were slightly mixed, with the 14 cents reported beating the forecast but slipping year-over-year. CAMT shares have gained 31% in the last 6 months.Analyst Quinn Bolton reviewed this stock for Needham, and was impressed enough to initiate his coverage with a Buy rating. Bolton put a $14 price target on CAMT shares, suggesting an upside potential of 15%Supporting his stance, Bolton wrote, “With ~60% of revenue derived from advanced packaging applications across logic and memory devices in a normalized market, Camtekis one of the top advanced packaging plays in our SemiCap coverage universe. Advanced packaging is one of the secular growth trendsas classic Moore's Law slows down and is the new frontier of semiconductor scaling. Camtek is also uniquely positioned in the CMOSimage sensor segment with dominant share, which has seen exceptional growth driven by mobile, automotive, industrial IoT and securityapplications. Camtek has outperformed WFE, the process control equipment segment, as well as its closest peers over the past WFEcycle in 2011-2018. Leveraging its leadership in 3D inspection, significant upside in 2D inspection coupled with its strong customerrelationships, Camtek should continue its strong growth in coming years in our opinion."Net net, Camtek’s analyst consensus rating is unanimous – both of the most recent reviews are Buys. The stock is priced at just $12.03, and the average price target is actually more bullish than Bolton’s above. At $15.50, it implies a robust upside of 28%. (See Camtek stock analysis at TipRanks)
- Zacks
Camtek (CAMT) Surpasses Q4 Earnings and Revenue Estimates
Camtek (CAMT) delivered earnings and revenue surprises of 7.69% and 2.16%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
- PR Newswire
Camtek Announces Record Results for 2019
Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced its financial results for the quarter and year ended December 31, 2019.
- Zacks
Earnings Preview: Camtek (CAMT) Q4 Earnings Expected to Decline
Camtek (CAMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- PR Newswire
Camtek Expects Sales for the First Quarter of 2020 to be Unaffected by the Impact of the Coronavirus
Camtek Ltd. (Nasdaq: CAMT) (TASE: CAMT) would like to update that following investors' inquiries and according to the information currently available, its revenues for the first quarter 2020 are not expected to be adversely affected by the situation in China.
- Simply Wall St.
Do Camtek's (NASDAQ:CAMT) Earnings Warrant Your Attention?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
- PR Newswire
Camtek Receives Orders for 34 Systems From 5 Leading CMOS Image Sensors Manufacturers
Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced that it has received orders for 34 systems for 2D inspection of CMOS image sensors from five leading manufacturers, of which 25 are from two customers.
- PR Newswire
Camtek to Present at the Needham Growth Conference on January 14
Camtek Ltd. (NASDAQ: CAMT)(TASE: CAMT) announced that it will be presenting at the 22nd Annual Needham Growth Conference to be held between January 14-15, 2020 at the Lotte New York Palace Hotel in New York.
- Simply Wall St.
Are Camtek Ltd.’s (NASDAQ:CAMT) High Returns Really That Great?
Today we'll evaluate Camtek Ltd. (NASDAQ:CAMT) to determine whether it could have potential as an investment idea...
- Insider Monkey
Hedge Funds Have Never Been More Bullish On Camtek LTD. (CAMT)
With the first-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the second quarter. One of these stocks was Camtek LTD. (NASDAQ:CAMT). Camtek LTD. (NASDAQ:CAMT) shares haven't seen a […]
- Simply Wall St.
Is Camtek Ltd. (NASDAQ:CAMT) Potentially Undervalued?
Camtek Ltd. (NASDAQ:CAMT), which is in the semiconductor business, and is based in Israel, saw a double-digit share...
- Simply Wall St.
Should You Be Impressed By Camtek Ltd.'s (NASDAQ:CAMT) ROE?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- Zacks
Camtek (CAMT) Q3 Earnings Miss Estimates
Camtek (CAMT) delivered earnings and revenue surprises of -13.33% and 1.47%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
- PR Newswire
Camtek Announces Results for the Third Quarter of 2019
Expects full year 2019 revenue to reach record level of about $133 million MIGDAL HAEMEK, Israel , Nov. 7, 2019 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced its financial results ...
- Zacks
Analysts Estimate Camtek (CAMT) to Report a Decline in Earnings: What to Look Out for
Camtek (CAMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- PR Newswire
Camtek Schedules Third Quarter 2019 Results Release and Conference Call for Thursday, November 7, 2019
MIGDAL HA'EMEK, Israel , Oct. 29, 2019 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT) announced that it would be releasing its financial results for the third quarter of 2019 on Thursday, November ...
Motley FoolCamtek Ltd (CAMT) Q2 2019 Earnings Call Transcript
CAMT earnings call for the period ending June 30, 2019.
- Zacks
Camtek (CAMT) Q2 Earnings Meet Estimates
Camtek (CAMT) delivered earnings and revenue surprises of 0.00% and 0.28%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- PR Newswire
Camtek Announces Results for the Second Quarter of 2019
Record Revenues of $34.3 Million , 13% YoY growth Non-GAAP Operating Margin of 20.5% MIGDAL HAEMEK, Israel , Aug. 6, 2019 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced its financial ...
- Zacks
Camtek (CAMT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Camtek (CAMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- PR Newswire
Camtek Schedules Second Quarter 2019 Results Release and Conference Call for Tuesday, August 6, 2019
MIGDAL HA'EMEK, Israel , July 22, 2019 /PRNewswire/ -- Camtek Ltd. (Nasdaq: CAMT) (TASE: CAMT) announced that it would be releasing its financial results for the second quarter of 2019 on Tuesday, August ...
