At the time of writing, Camtek Ltd [CAMT] stock is trading at $82.67, down -3.76%. An important factor to consider is whether the stock is rising or falling in short-term value. The CAMT shares have gain 11.21% over the last week, with a monthly amount drifted -10.33%, and not 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 August 05, 2024, when Northland Capital upgraded its rating to a Outperform but kept the price target unchanged to $99 for it. Previously, Northland Capital downgraded its rating to Market Perform on May 16, 2024. On May 13, 2024, Jefferies initiated with a Buy rating and assigned a price target of $120 on the stock. Evercore ISI started tracking the stock assigning a Outperform rating and suggested a price target of $100 on April 16, 2024. Barclays upgraded its rating to a Overweight and raised its price target to $82 on January 16, 2024. B. Riley Securities upgraded its rating to Buy for this stock on December 06, 2023, and upped its price target to $75. In a note dated July 18, 2023, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $30 to $50.
For the past year, the stock price of Camtek Ltd fluctuated between $47.72 and $140.50. Currently, Wall Street analysts expect the stock to reach $105.43 within the next 12 months. Camtek Ltd [NASDAQ: CAMT] shares were valued at $82.67 at the most recent close of the market. An investor can expect a potential return of 27.53% based on the average CAMT price forecast.
Analyzing the CAMT fundamentals
According to Camtek Ltd [NASDAQ:CAMT], the company’s sales were 368.76M for trailing twelve months, which represents an 39.09% jump. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.21 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.42.
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 80.97 points at the first support level, and at 79.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 85.56, and for the 2nd resistance point, it is at 88.45.
Ratios To Look Out For
It is important to note that Camtek Ltd [NASDAQ:CAMT] has a current ratio of 5.21. On the other hand, the Quick Ratio is 4.29, and the Cash Ratio is 0.8. Considering the valuation of this stock, the price to sales ratio is 10.17, the price to book ratio is 7.88 and price to earnings (TTM) ratio is 42.52.
