Camtek Ltd. (CAMT): Analysis on the Earning Per Share

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Camtek Ltd. (NASDAQ:CAMT) changes shares on Tuesday trading session, with a change of 2.78% or $0.34 shares. The trading starts at $12.57 and closed at $12.21 throughout the day. The trading session low price was $12.35 and day high was $12.68 on Tuesday, June 16. After the session, the Technology sector daily volume shifted to 0.13 million while its average volume is 132.61K. In other hand, the CAMT market cap reached to $473.01M. While, its current target price is $12.55 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -2.41% and up 7.08% for month. Its quarterly performance was 72.15% above, while its half year performance is up 15.67%. CAMT yearly performance stood at positive 55.32% and rise 15.88% for year-to-date. Current recommendation for Camtek Ltd. is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CAMT EPS (TTM) for 12-month is 0.46. EPS for this year is 6.30%, while for the next year its value is 0.74. Sales growth for the current quarter is 1.83 while its EPS Q/Q reached -56.60%. It has an EPS of 37.70% up for past five years and for the next five years will be up 15.00%.

Let’s take a look on the analyst recommendations on CAMT for the current month and previous month. For the current month, 3 of 3 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $15.00-$15.00. Average target price for CAMT was reached at $15.00.

Federated Hermes, Inc., Renaissance Technologies, LLC and Phoenix Holdings Ltd. are the top three holders in Camtek Ltd. (CAMT) stock. On Mar 30, 2020, Federated Hermes, Inc. has 2.23 million shares which valued 18.78 million. On Mar 30, 2020, Renaissance Technologies, LLC owned 1.88 million shares which valued at 15.83 million. On Mar 30, 2020, Phoenix Holdings Ltd. has a total of 1.31 million shares which valued at 11.03 million. In the end, Phoenix Holdings Ltd. have 3.38% shares outstanding of Camtek Ltd. (CAMT) on Mar 30, 2020. The insider ownership moved to 62.70% and institutional holding shifted to 30.30%.

The company posted an EPS (TTM) of 0.46. According to the most recent quarter report on (Jun 2020), 3 analysts estimated an average EPS of 0.15, while 0.18 EPS posted a year ago period. Analyst Estimated EPS for CAMT published in the report was 0.15-0.15 during the same period. Comparing with last year, the average estimated EPS was 0.18 which is higher than 0.09 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CAMT rise 18.44% for period of 200 days. SMA for 50 days was 11.56% which is showing green signal, while SMA-20 was -2.25%. The moving average value for Camtek Ltd. (CAMT) is 10.86 and 12.08 for 200 and 50 days respectively.