Post-Trade Analysis: Camtek Ltd (CAMT) Slides -11.68, Closing at 113.47

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After finishing at $128.48 in the prior trading day, Camtek Ltd (NASDAQ: CAMT) closed at $113.47, down -11.68%. In other words, the price has decreased by -$11.68 from its previous closing price. On the day, 1.26 million shares were traded. CAMT stock price reached its highest trading level at $122.62 during the session, while it also had its lowest trading level at $113.41.

Ratios:

Our goal is to gain a better understanding of CAMT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.08 and its Current Ratio is at 3.66. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.44.

On May 13, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $120.

On April 16, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $100.Evercore ISI initiated its Outperform rating on April 16, 2024, with a $100 target price.

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 5800529920 and an Enterprise Value of 4942293504. As of this moment, Camtek’s Price-to-Earnings (P/E) ratio for their current fiscal year is 64.30, and their Forward P/E ratio for the next fiscal year is 36.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.07 while its Price-to-Book (P/B) ratio in mrq is 11.55. Its current Enterprise Value per Revenue stands at 14.539 whereas that against EBITDA is 62.83.

Stock Price History:

The Beta on a monthly basis for CAMT is 1.41, which has changed by 1.7117591 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. Over the past 52 weeks, CAMT has reached a high of $140.50, while it has fallen to a 52-week low of $39.91. The 50-Day Moving Average of the stock is 2.28%, while the 200-Day Moving Average is calculated to be 41.20%.

Shares Statistics:

The stock has traded on average 488.26K shares per day over the past 3-months and 679686 shares per day over the last 10 days, according to various share statistics. A total of 44.90M shares are outstanding, with a floating share count of 27.66M. Insiders hold about 38.73% of the company’s shares, while institutions hold 52.54% stake in the company. Shares short for CAMT as of 1719532800 were 2825053 with a Short Ratio of 5.79, compared to 1717113600 on 2756108. Therefore, it implies a Short% of Shares Outstanding of 2825053 and a Short% of Float of 10.2.

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