Analysts expect Camtek Intelligent Imaging (NASDAQ:CAMT) to post $0.13 earnings per share (EPS) for the current quarter, according to Zacks. Two analysts have issued estimates for Camtek Intelligent Imaging’s earnings. Camtek Intelligent Imaging reported earnings of $0.11 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 18.2%. The firm is expected to report its next quarterly earnings results on Thursday, August 2nd.
According to Zacks, analysts expect that Camtek Intelligent Imaging will report full-year earnings of $0.49 per share for the current year, with EPS estimates ranging from $0.48 to $0.50. For the next financial year, analysts expect that the company will report earnings of $0.62 per share, with EPS estimates ranging from $0.61 to $0.62. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that follow Camtek Intelligent Imaging.
Camtek Intelligent Imaging (NASDAQ:CAMT) last announced its quarterly earnings data on Wednesday, May 2nd. The semiconductor company reported $0.12 EPS for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.01. The business had revenue of $27.30 million during the quarter, compared to the consensus estimate of $26.60 million. Camtek Intelligent Imaging had a return on equity of 16.69% and a net margin of 14.25%. The business’s revenue for the quarter was up 29.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.04 earnings per share.
A number of equities research analysts have recently commented on the company. ValuEngine raised Camtek Intelligent Imaging from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, May 9th. Zacks Investment Research raised Camtek Intelligent Imaging from a “hold” rating to a “buy” rating and set a $8.00 target price for the company in a research report on Friday, May 4th. BidaskClub raised Camtek Intelligent Imaging from a “buy” rating to a “strong-buy” rating in a research report on Friday, May 11th. Needham & Company LLC boosted their price target on Camtek Intelligent Imaging from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. Finally, Northland Securities began coverage on Camtek Intelligent Imaging in a research note on Monday, April 9th. They issued an “outperform” rating and a $10.00 price target on the stock. Four investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $8.50.
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC raised its stake in Camtek Intelligent Imaging by 8.0% during the fourth quarter. Renaissance Technologies LLC now owns 1,213,960 shares of the semiconductor company’s stock valued at $6,944,000 after buying an additional 90,260 shares in the last quarter. Meitav Dash Investments Ltd. acquired a new stake in Camtek Intelligent Imaging during the fourth quarter valued at approximately $2,041,000. JPMorgan Chase & Co. acquired a new stake in Camtek Intelligent Imaging during the third quarter valued at approximately $468,000. Deutsche Bank AG acquired a new stake in Camtek Intelligent Imaging during the fourth quarter valued at approximately $485,000. Finally, Two Sigma Investments LP acquired a new stake in Camtek Intelligent Imaging during the fourth quarter valued at approximately $388,000. Hedge funds and other institutional investors own 21.54% of the company’s stock.
Shares of NASDAQ:CAMT traded up $0.03 during midday trading on Friday, reaching $8.22. The company’s stock had a trading volume of 42,563 shares, compared to its average volume of 134,597. The company has a market cap of $299.66 million, a P/E ratio of 31.62 and a beta of 1.19. Camtek Intelligent Imaging has a 1 year low of $8.19 and a 1 year high of $8.37.
The company also recently disclosed a Not Available dividend, which will be paid on Tuesday, May 29th. Shareholders of record on Wednesday, May 16th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Tuesday, May 15th. Camtek Intelligent Imaging’s payout ratio is currently 107.69%.
Camtek Intelligent Imaging Company Profile
Camtek Ltd. provides inspection and metrology solutions for the semiconductor industry in the Asia Pacific, North America, and Europe. The company provides solutions based on its advanced image processing, motion control, material handling, and optics related technologies. It designs, develops, manufactures, and markets automatic optical inspection (AOI) systems that optically inspect and measure various types of semiconductors wafers.
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