Camtek LTD. (NASDAQ:CAMT) has been assigned an average broker rating score of 1.50 (Buy) from the two analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company.
Brokers have set a twelve-month consensus price objective of $7.25 for the company and are predicting that the company will post $0.10 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Camtek an industry rank of 63 out of 265 based on the ratings given to related companies.
Several research analysts recently commented on the company. ValuEngine downgraded Camtek from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th. Zacks Investment Research downgraded Camtek from a “buy” rating to a “hold” rating in a research note on Friday, September 22nd. TheStreet raised Camtek from a “c” rating to a “b” rating in a research note on Thursday, November 9th. Needham & Company LLC raised Camtek from a “hold” rating to a “buy” rating and set a $7.00 target price for the company in a research note on Tuesday, October 3rd. Finally, B. Riley raised their target price on Camtek from $7.00 to $7.50 and gave the stock a “buy” rating in a research note on Wednesday, November 8th.
Camtek (NASDAQ CAMT) traded up $0.16 during midday trading on Thursday, reaching $6.82. The company had a trading volume of 120,647 shares, compared to its average volume of 206,131. Camtek has a 1 year low of $3.00 and a 1 year high of $7.96. The firm has a market cap of $236.17, a P/E ratio of -341.00 and a beta of 0.99.
TRADEMARK VIOLATION WARNING: “” was published by Markets Daily and is owned by of Markets Daily. If you are accessing this piece on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright legislation. The correct version of this piece can be read at https://www.themarketsdaily.com/2018/01/11/1217227.html.
Camtek Ltd is an Israel-based manufacturer of metrology and inspection equipment and a provider of software solutions. The Company mainly serves the Advanced Packaging, Memory, Complementary Metal Oxide Semiconductor (CMOS) Image Sensors, Micro Electro Mechanical Sensor (MEMS), Radio Frequency (RF) and other segments in the mid end of the semiconductors industry.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Camtek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camtek and related companies with MarketBeat.com's FREE daily email newsletter.