Camtek Ltd [CAMT] stock prices are up 2.01% to $102.88 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CAMT shares have gain 2.48% over the last week, with a monthly amount glided 34.19%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Camtek Ltd [NASDAQ: CAMT] stock has seen the most recent analyst activity on May 16, 2024, when Northland Capital downgraded its rating to a Market Perform. Previously, Jefferies started tracking the stock with Buy rating on May 13, 2024, and set its price target to $120. On April 16, 2024, Evercore ISI initiated with a Outperform rating and assigned a price target of $100 on the stock. Barclays upgraded its rating to a Overweight and increased its price target to $82 on January 16, 2024. B. Riley Securities upgraded its rating to a Buy and raised its price target to $75 on December 06, 2023. BofA Securities upgraded its rating to Buy for this stock on July 18, 2023, and upped its price target to $50. In a note dated April 21, 2023, Jefferies initiated an Buy rating and provided a target price of $35 on this stock.
The stock price of Camtek Ltd [CAMT] has been fluctuating between $26.70 and $102.73 over the past year. Currently, Wall Street analysts expect the stock to reach $91.83 within the next 12 months. Camtek Ltd [NASDAQ: CAMT] shares were valued at $102.88 at the most recent close of the market. An investor can expect a potential drop of -10.74% based on the average CAMT price forecast.
Analyzing the CAMT fundamentals
The Camtek Ltd [NASDAQ:CAMT] reported sales of 339.93M for trailing twelve months, representing a surge of 33.89%. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.25%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.19 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.44.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 101.64 points at the first support level, and at 100.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 104.04, and for the 2nd resistance point, it is at 105.19.
Ratios To Look Out For
It’s worth pointing out that Camtek Ltd [NASDAQ:CAMT]’s Current Ratio is 3.66. In addition, the Quick Ratio stands at 3.08 and the Cash Ratio stands at 0.78. Considering the valuation of this stock, the price to sales ratio is 13.66, the price to book ratio is 10.47 and price to earnings (TTM) ratio is 58.30.
