Camtek LTD. (NASDAQ:CAMT) declared an annual dividend on Tuesday, August 6th, NASDAQ reports. Stockholders of record on Wednesday, August 21st will be given a dividend of 0.17 per share by the semiconductor company on Wednesday, September 4th. This represents a dividend yield of 1.9%. The ex-dividend date of this dividend is Tuesday, August 20th. This is a boost from Camtek’s previous annual dividend of $0.14.
Camtek stock opened at $8.62 on Friday. The company’s fifty day simple moving average is $8.84 and its 200-day simple moving average is $8.94. Camtek has a 12 month low of $6.29 and a 12 month high of $11.25. The stock has a market cap of $304.78 million, a P/E ratio of 16.58 and a beta of 1.57.
Camtek (NASDAQ:CAMT) last posted its quarterly earnings results on Tuesday, August 6th. The semiconductor company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.02). Camtek had a net margin of 18.00% and a return on equity of 21.06%. The company had revenue of $34.35 million for the quarter, compared to analysts’ expectations of $34.25 million. During the same quarter in the prior year, the firm earned $0.13 earnings per share. The company’s revenue was up 12.8% on a year-over-year basis. On average, research analysts anticipate that Camtek will post 0.58 earnings per share for the current year.
Several research firms have recently commented on CAMT. Northland Securities restated a “buy” rating and set a $16.00 price target on shares of Camtek in a report on Friday, June 21st. BidaskClub upgraded shares of Camtek from a “sell” rating to a “hold” rating in a report on Tuesday, July 23rd. Zacks Investment Research cut shares of Camtek from a “hold” rating to a “sell” rating in a report on Friday, August 9th. Finally, ValuEngine cut shares of Camtek from a “buy” rating to a “hold” rating in a report on Tuesday, April 30th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $12.17.
Camtek 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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