Analyzing Camtek Ltd (CAMT)’s financial ratios for investment purposes

As of close of business last night, Camtek Ltd’s stock clocked out at $61.51, down -0.39% from its previous closing price of $61.75. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 535239 shares were traded. CAMT stock price reached its highest trading level at $61.78 during the session, while it also had its lowest trading level at $59.77.

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To gain a deeper understanding of CAMT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.23 and its Current Ratio is at 7.03. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.44.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on July 18, 2023, Upgraded its rating to Buy and sets its target price to $50 from $30 previously.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CAMT now has a Market Capitalization of 2.76B and an Enterprise Value of 2.76B. As of this moment, Camtek’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.59, and their Forward P/E ratio for the next fiscal year is 26.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.91 while its Price-to-Book (P/B) ratio in mrq is 6.11. Its current Enterprise Value per Revenue stands at 8.95 whereas that against EBITDA is 35.90.

Stock Price History:

Over the past 52 weeks, CAMT has reached a high of $67.31, while it has fallen to a 52-week low of $20.83. The 50-Day Moving Average of the stock is 57.98, while the 200-Day Moving Average is calculated to be 40.01.

Shares Statistics:

It appears that CAMT traded 565.41K shares on average per day over the past three months and 656.28k shares per day over the past ten days. A total of 44.41M shares are outstanding, with a floating share count of 27.05M. Insiders hold about 39.50% of the company’s shares, while institutions hold 48.93% stake in the company. Shares short for CAMT as of Oct 30, 2023 were 1.72M with a Short Ratio of 1.72M, compared to 1M on Sep 28, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.85% and a Short% of Float of 6.37%.

Earnings Estimates

As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.53 for the current quarter, with a high estimate of $0.54 and a low estimate of $0.51, while EPS last year was $0.5. The consensus estimate for the next quarter is $0.54, with high estimates of $0.57 and low estimates of $0.51.

Analysts are recommending an EPS of between $1.93 and $1.9 for the fiscal current year, implying an average EPS of $1.92. EPS for the following year is $2.33, with 7 analysts recommending between $2.48 and $2.26.

Revenue Estimates

In the current quarter, 7 analysts expect revenue to total $88.03M. It ranges from a high estimate of $88.11M to a low estimate of $88M. As of the current estimate, Camtek Ltd’s year-ago sales were $82.17M, an estimated increase of 7.10% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $92.02M, an increase of 27.00% over than the figure of $7.10% in the same quarter last year. There is a high estimate of $96M for the next quarter, whereas the lowest estimate is $89.9M.

A total of 7 analysts have provided revenue estimates for CAMT’s current fiscal year. The highest revenue estimate was $315M, while the lowest revenue estimate was $307M, resulting in an average revenue estimate of $313.66M. In the same quarter a year ago, actual revenue was $320.91M, down -2.30% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $383.02M in the next fiscal year. The high estimate is $388M and the low estimate is $366M. The average revenue growth estimate for next year is up 22.10% from the average revenue estimate for this year.

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