Camtek (CAMT) Getting Somewhat Favorable News Coverage, Analysis Shows

Media coverage about Camtek (NASDAQ:CAMT) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Camtek earned a news impact score of 0.06 on Accern’s scale. Accern also assigned news stories about the semiconductor company an impact score of 46.4063883529245 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news stories that may have effected Accern’s scoring:

CAMT has been the topic of a number of research analyst reports. B. Riley upped their target price on shares of Camtek from $7.00 to $7.50 and gave the company a “buy” rating in a report on Wednesday, November 8th. Needham & Company LLC upgraded shares of Camtek from a “hold” rating to a “buy” rating and set a $7.00 price target on the stock in a research note on Tuesday, October 3rd. Zacks Investment Research upgraded shares of Camtek from a “hold” rating to a “buy” rating and set a $5.50 price target on the stock in a research note on Thursday, September 21st. TheStreet upgraded shares of Camtek from a “c” rating to a “b” rating in a research note on Thursday, November 9th. Finally, ValuEngine lowered shares of Camtek from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Camtek currently has an average rating of “Buy” and an average target price of $6.67.

Shares of Camtek (NASDAQ:CAMT) traded up $0.02 on Thursday, reaching $6.69. 68,300 shares of the company were exchanged, compared to its average volume of 182,173. Camtek has a twelve month low of $3.00 and a twelve month high of $7.96. The firm has a market cap of $243.48, a price-to-earnings ratio of -334.50 and a beta of 0.99.

Camtek (NASDAQ:CAMT) last announced its quarterly earnings results on Tuesday, November 7th. The semiconductor company reported $0.08 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.08. Camtek had a net margin of 12.61% and a return on equity of 15.68%. equities research analysts predict that Camtek will post 0.38 EPS for the current year.

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Camtek Company Profile

Camtek Ltd is an Israel-based manufacturer of metrology and inspection equipment and a provider of software solutions. The Company mainly serves the Advanced Packaging, Memory, Complementary Metal Oxide Semiconductor (CMOS) Image Sensors, Micro Electro Mechanical Sensor (MEMS), Radio Frequency (RF) and other segments in the mid end of the semiconductors industry.

Insider Buying and Selling by Quarter for Camtek (NASDAQ:CAMT)

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