Camtek Ltd (NASDAQ: CAMT) is -7.17% lower on its value in year-to-date trading and has touched a low of $47.41 and a high of $140.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CAMT stock was last observed hovering at around $74.30 in the last trading session, with the day’s gains setting it 0.68%.
Currently trading at $74.98, the stock is 6.41% and 12.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing 0.92% at the moment leaves the stock -0.93% off its SMA200. CAMT registered -34.00% loss for a year compared to 6-month loss of 0.15%.
The stock witnessed a 14.82% gain in the last 1 month and extending the period to 3 months gives it a 15.94%, and is -1.19% 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 4.78% over the week and 3.07% over the month.
Camtek Ltd (CAMT) has around 656 employees, a market worth around $3.42B and $450.86M in sales. Current P/E ratio is 28.36 and Fwd P/E is 21.44. Profit margin for the company is 28.40%. Distance from 52-week low is 58.15% and -46.63% from its 52-week high. The company has generated returns on investments over the last 12 months (16.29%).
The EPS is expected to grow by 13.31% this year
The shares outstanding are 45.60M, and float is at 28.04M with Short Float at 11.11%.
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 2.9594 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 2.7565 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.96 million shares representing 2.1181 and valued at over $120.02 million, while FEDERATED HERMES, INC. holds 1.9947 of the shares totaling 0.9 million with a market value of $113.03 million.
