Wall Street brokerages predict that Camtek LTD. (NASDAQ:CAMT) will announce earnings per share (EPS) of $0.13 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Camtek’s earnings, with the highest EPS estimate coming in at $0.14 and the lowest estimate coming in at $0.12. Camtek reported earnings per share of $0.17 during the same quarter last year, which would suggest a negative year-over-year growth rate of 23.5%. The firm is expected to report its next quarterly earnings results on Wednesday, February 12th.

According to Zacks, analysts expect that Camtek will report full-year earnings of $0.62 per share for the current year, with EPS estimates ranging from $0.61 to $0.63. For the next year, analysts anticipate that the business will post earnings of $0.66 per share, with EPS estimates ranging from $0.63 to $0.69. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover Camtek.

Camtek (NASDAQ:CAMT) last issued its quarterly earnings data on Thursday, November 7th. The semiconductor company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.02). The firm had revenue of $32.47 million for the quarter, compared to analysts’ expectations of $32.00 million. Camtek had a net margin of 17.28% and a return on equity of 18.73%. Camtek’s revenue was up .6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.16 EPS.

A number of research analysts have recently commented on the stock. BidaskClub upgraded shares of Camtek from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 30th. Zacks Investment Research raised shares of Camtek from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Optimum Investment Advisors purchased a new stake in shares of Camtek in the 3rd quarter valued at about $63,000. Delphi Management Inc. MA bought a new position in shares of Camtek in the second quarter worth approximately $110,000. Cubist Systematic Strategies LLC bought a new position in shares of Camtek in the second quarter worth approximately $114,000. ETF Managers Group LLC raised its stake in Camtek by 7.0% in the second quarter. ETF Managers Group LLC now owns 36,437 shares of the semiconductor company’s stock valued at $307,000 after purchasing an additional 2,399 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new stake in Camtek in the second quarter valued at approximately $308,000. Institutional investors and hedge funds own 28.74% of the company’s stock.

NASDAQ CAMT traded down $0.17 on Friday, hitting $12.48. The stock had a trading volume of 86,200 shares, compared to its average volume of 78,383. The firm has a 50-day moving average of $10.95 and a 200-day moving average of $9.91. Camtek has a 52-week low of $6.93 and a 52-week high of $12.79. The company has a market capitalization of $462.29 million, a price-to-earnings ratio of 24.00 and a beta of 1.61.

About Camtek

Camtek Ltd. provides inspection and metrology solutions for the semiconductor industry in the Asia Pacific, North America, and Europe. The company provides solutions based on its advanced image processing, motion control, material handling, and optics related technologies. It designs, develops, manufactures, and markets automatic optical inspection (AOI) systems that optically inspect and measure various types of semiconductors wafers.

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