Camtek Ltd (NASDAQ: CAMT) is 15.97% higher on its value in year-to-date trading and has touched a low of $47.72 and a high of $140.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CAMT stock was last observed hovering at around $79.33 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $79.16, the stock is -12.32% and -22.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.74 million and changing -0.21% at the moment leaves the stock -9.81% off its SMA200. CAMT registered 36.33% gain for a year compared to 6-month gain of 5.76%.
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The stock witnessed a -15.41% loss in the last 1 month and extending the period to 3 months gives it a -31.46%, and is -4.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.45% over the week and 5.04% over the month.
Camtek Ltd (CAMT) has around 565 employees, a market worth around $3.59B and $368.76M in sales. Current P/E ratio is 40.72 and Fwd P/E is 24.92. Profit margin for the company is 25.93%. Distance from 52-week low is 65.90% and -43.66% from its 52-week high. The company has generated returns on investments over the last 12 months (14.21%).
The EPS is expected to grow by 38.20% this year
The shares outstanding are 44.90M, and float is at 27.79M with Short Float at 10.12%.
The top institutional shareholder in the company is DRIEHAUS CAPITAL MANAGEMENT LLC with over 1.34 million shares valued at $167.7 million. The investor’s holdings represent 2.9707 of the CAMT Shares outstanding. As of 2024-06-30, the second largest holder is CLAL INSURANCE ENTERPRISES HOLDINGS LTD with 1.25 million shares valued at $156.39 million to account for 2.767 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.96 million shares representing 2.1262 and valued at over $120.02 million, while FEDERATED HERMES, INC. holds 2.0023 of the shares totaling 0.9 million with a market value of $113.03 million.
