Camtek (NASDAQ:CAMT) Reaches New 52-Week Low Following Analyst Downgrade

Camtek Ltd. (NASDAQ:CAMT)’s share price reached a new 52-week low during mid-day trading on Thursday after Needham & Company LLC lowered their price target on the stock from $170.00 to $130.00. Needham & Company LLC currently has a buy rating on the stock. Camtek traded as low as $91.70 and last traded at $89.9960, with a volume of 270,800 shares trading hands. The stock had previously closed at $101.46.

CAMT has been the topic of a number of other research reports. Stifel Nicolaus set a $170.00 price target on Camtek in a research note on Monday, August 10th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $175.00 price objective on shares of Camtek in a report on Tuesday, September 22nd. B. Riley Financial cut their target price on Camtek from $200.00 to $166.00 and set a “buy” rating on the stock in a research note on Tuesday, October 20th. Weiss Ratings restated a “hold (c)” rating on shares of Camtek in a report on Tuesday, August 11th. Finally, Morgan Stanley lowered Camtek from an “equal weight” rating to an “underweight” rating and decreased their target price for the stock from $152.00 to $126.00 in a research report on Monday. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $166.33.

Insider Buying and Selling at Camtek

In other Camtek news, COO Ram Langer sold 6,387 shares of the stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $172.32, for a total value of $1,100,607.84. Following the completion of the sale, the chief operating officer directly owned 17,532 shares in the company, valued at $3,021,114.24. This represents a 26.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Orit Geva-Dvash sold 508 shares of Camtek stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $175.00, for a total value of $88,900.00. Following the transaction, the vice president owned 5,205 shares in the company, valued at $910,875. This trade represents a 8.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 26,843 shares of company stock worth $4,514,249 in the last three months. 79.40% of the stock is owned by insiders.

More Camtek News

Here are the key news stories impacting Camtek this week:

• Positive Sentiment: Camtek posted record Q3 revenue of $161.3 million, up 28% year over year and slightly above estimates. EPS of $0.99 was in line with the stated consensus (and narrowly beat Zacks’ $0.98 estimate). The company expects about $180 million in Q4 revenue. Q3 results
• Positive Sentiment: Management’s initial 2027 revenue outlook of more than $800 million—and target of $1.2 billion within about three years—signals confidence in continued demand, including from AI-related applications. This outlook may support investor expectations for growth. Revenue outlook
• Negative Sentiment: Analysts lowered price targets: Stifel cut its target to $140, while Needham reduced its target from $170 to $130 but kept a Buy rating. Although both targets remain above the $101.46 reference price, the reductions may signal more cautious expectations. Camtek has also faced valuation concerns amid a sharp recent pullback. Stifel target Recent pullback

Institutional Trading of Camtek

Several hedge funds have recently bought and sold shares of the stock. Ashton Thomas Private Wealth LLC lifted its position in shares of Camtek by 12.3% in the third quarter. Ashton Thomas Private Wealth LLC now owns 1,763 shares of the semiconductor company’s stock worth $274,000 after purchasing an additional 193 shares in the last quarter. Associated Banc Corp bought a new position in Camtek in the third quarter valued at $211,000. QRG Capital Management Inc. bought a new position in Camtek in the second quarter valued at $206,000. Whetstone Capital Advisors LLC acquired a new stake in Camtek in the 2nd quarter valued at $294,000. Finally, Engineers Gate Manager LP increased its stake in Camtek by 51.8% in the 2nd quarter. Engineers Gate Manager LP now owns 7,338 shares of the semiconductor company’s stock valued at $1,197,000 after buying an additional 2,505 shares during the last quarter. 41.93% of the stock is currently owned by institutional investors and hedge funds.

Camtek Stock Down 8.8%

The firm’s 50-day simple moving average is $138.73 and its 200 day simple moving average is $156.56. The company has a debt-to-equity ratio of 0.69, a quick ratio of 6.58 and a current ratio of 7.38. The stock has a market capitalization of $4.32 billion, a P/E ratio of 142.55, a PEG ratio of 2.24 and a beta of 1.69.

Camtek (NASDAQ:CAMT) last released its earnings results on Wednesday, November 4th. The semiconductor company reported $0.99 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.99. Camtek had a return on equity of 21.58% and a net margin of 7.40%. The business had revenue of $161.29 million for the quarter, compared to the consensus estimate of $160.36 million. During the same quarter in the previous year, the business earned $0.82 earnings per share. Camtek’s quarterly revenue was up 28.0% on a year-over-year basis. As a group, research analysts expect that Camtek Ltd. will post 3.29 EPS for the current year.

About Camtek

Camtek Ltd. (NASDAQ: CAMT) is an Israel-based provider of inspection and metrology equipment for the semiconductor industry. The company develops and manufactures systems that help chipmakers detect defects, measure manufacturing processes, and improve production yields during the fabrication and packaging of semiconductor devices.

Its product portfolio includes automated optical inspection and metrology systems for wafers, substrates, and packaged devices, along with inspection solutions for advanced packaging, memory, image sensors, and other specialty semiconductor applications.