CAMT

Cantor Fitzgerald Initiates Coverage of Camtek (CAMT) with Neutral Recommendation

Fintel reports that on January 13, 2025, Cantor Fitzgerald initiated coverage of Camtek (NasdaqGM:CAMT) with a Neutral recommendation.

Analyst Price Forecast Suggests 23.48% Upside

As of December 23, 2024, the average one-year price target for Camtek is $110.54/share. The forecasts range from a low of $95.95 to a high of $147.00. The average price target represents an increase of 23.48% from its latest reported closing price of $89.52 / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Camtek is 399MM, a decrease of 0.48%. The projected annual non-GAAP EPS is 1.60.

What is the Fund Sentiment?

There are 362 funds or institutions reporting positions in Camtek. This is an increase of 13 owner(s) or 3.72% in the last quarter. Average portfolio weight of all funds dedicated to CAMT is 0.26%, an increase of 35.36%. Total shares owned by institutions increased in the last three months by 1.65% to 24,458K shares. CAMT / Camtek Ltd. Put/Call Ratios The put/call ratio of CAMT is 0.28, indicating a bullish outlook.

What are Other Shareholders Doing?

CAMT / Camtek Ltd. Shares Held by Institutions

Clal Insurance Enterprises Holdings holds 1,515K shares representing 3.34% ownership of the company. In its prior filing, the firm reported owning 1,247K shares , representing an increase of 17.70%. The firm decreased its portfolio allocation in CAMT by 34.12% over the last quarter.

Harel Insurance Investments & Financial Services holds 882K shares representing 1.94% ownership of the company. No change in the last quarter.

Menora Mivtachim Holdings holds 861K shares representing 1.90% ownership of the company. In its prior filing, the firm reported owning 552K shares , representing an increase of 35.96%. The firm decreased its portfolio allocation in CAMT by 7.67% over the last quarter.

Migdal Insurance & Financial Holdings holds 856K shares representing 1.89% ownership of the company. In its prior filing, the firm reported owning 796K shares , representing an increase of 7.02%. The firm decreased its portfolio allocation in CAMT by 33.59% over the last quarter.

Federated Hermes holds 789K shares representing 1.74% ownership of the company. In its prior filing, the firm reported owning 903K shares , representing a decrease of 14.42%. The firm decreased its portfolio allocation in CAMT by 71.49% over the last quarter.

Camtek Background Information
(This description is provided by the company.)

Camtek is a leading manufacturer of metrology and inspection equipment and a provider of software solutions serving the Advanced Packaging, Memory, CMOS Image Sensors, MEMS, RF and other segments in the mid end of the semiconductor industry.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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