Camtek (CAMT) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.57 per share a year ago.
Camtek (CAMT) closed the most recent trading day at $88.20, moving -1.18% from the previous trading session.
In the closing of the recent trading day, Camtek (CAMT) stood at $87.97, denoting a +1.88% change from the preceding trading day.
Camtek (CAMT) closed the most recent trading day at $86.35, moving +0.98% from the previous trading session.
Camtek (CAMT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
After AI had its “iPhone moment” with the release of ChatGPT in late 2022, leading stocks in the space have seen phenomenal returns.
In the latest trading session, Camtek (CAMT) closed at $90.84, marking a -0.23% move from the previous day.
Northland analyst Gus Richard raised the firm's price target on Camtek to $120 from $102 and keeps an Outperform rating on the shares, telling investors that the firm expects upside to consensus estimates and naming the stock a "Top Pick for CY25." Advanced packaging is becoming more critical in making chips smaller, faster, and cheaper while advanced packaging is becoming more complex at the same time, says the analyst, who sees these dynamics increasing the needs and requirements of metrology and inspection and driving Camtek's growth.
Camtek (CAMT) closed at $80.85 in the latest trading session, marking a +0.1% move from the prior day.
CAMT continues to grow on the back of steady orders from tier-1 HBM manufacturers and Outsourced Semiconductor Assembly and Test providers.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
The latest trading day saw Camtek (CAMT) settling at $82.46, representing a -1.47% change from its previous close.