With 0.75 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.52 million shares. During the session, the Semiconductor Equipment & Materials company that operates in wider Technology sector, reached to the highest price of $110.73 whereas the lowest price it dropped to was $105.58. The 52-week range on CAMT shows that it touched its highest point at $140.50 and its lowest point at $69.83 during that stretch. It currently has a 1-year price target of $108.89. CAMT paid its most recent dividend on 1712102400, while the ex-dividend date for that was 1712102400. Beta for the stock currently stands at 1.36.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CAMT was up-trending over the past week, with a rise of 18.50%, but this was up by 30.14% over a month. Three-month performance surged to 28.09% while six-month performance fell -5.82%. The stock gained 36.99% in the past year, while it has gained 31.34% so far this year. A look at the trailing 12-month EPS for CAMT yields 2.21 with Next year EPS estimates of 3.18. For the next quarter, that number is 0.75. This implies an EPS growth rate of 42.57% for this year and 13.64% for next year. EPS is expected to grow by 22.89% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 25.47%.
Float and Shares Shorts:
At present, 45.39 million CAMT shares are outstanding with a float of 27.88 million shares on hand for trading. On 2024-10-15, short shares totaled 3.17 million, which was 698.0 higher than short shares on 1726185600. In addition to Mr. Rafi Amit as the firm’s CEO & Director, Mr. Moshe Eisenberg serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.45346 of CAMT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, CAMT reported revenue of $112340000.0 and operating income of $29646000.0. The EBITDA in the recently reported quarter was $29646000.0 and diluted EPS was $0.67.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CAMT since 11 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CAMT analysts setting a high price target of 120.0 and a low target of 95.0, the average target price over the next 12 months is 107.55556. Based on these targets, CAMT could surge 13.12% to reach the target high and fall by -10.44% to reach the target low. Reaching the average price target will result in a growth of 1.39% from current levels.
Analysts have provided yearly estimates in a range of $2.80476 being high and $2.77482 being low. For CAMT, this leads to a yearly average estimate of $2.79478. Based on analyst estimates, the high estimate for the next quarter is $0.79 and the low estimate is $0.74. The average estimate for the next quarter is thus $0.75.
