Shares of Camtek Ltd. (NASDAQ:CAMT) have been assigned an average broker rating score of 1.50 (Buy) from the two brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a buy rating and one has issued a strong buy rating on the company. Camtek’s rating score has improved by 25% from 90 days ago as a result of a number of analysts’ ratings changes.

Brokers have set a twelve-month consensus target price of $7.25 for the company and are forecasting that the company will post $0.10 EPS for the current quarter, according to Zacks. Zacks has also given Camtek an industry rank of 43 out of 265 based on the ratings given to related companies.

CAMT has been the topic of a number of analyst reports. B. Riley reissued a “buy” rating and issued a $7.00 price target on shares of Camtek in a research note on Wednesday, August 9th. Zacks Investment Research cut Camtek from a “buy” rating to a “hold” rating in a report on Friday, September 22nd. TheStreet cut Camtek from a “b” rating to a “c” rating in a report on Friday, August 4th. Finally, Needham & Company LLC upgraded Camtek from a “hold” rating to a “buy” rating and set a $7.00 price objective for the company in a report on Tuesday, October 3rd.

A number of institutional investors have recently bought and sold shares of the stock. PEAK6 Investments L.P. grew its holdings in Camtek by 632.2% during the third quarter. PEAK6 Investments L.P. now owns 21,444 shares of the semiconductor company’s stock worth $110,000 after purchasing an additional 25,473 shares during the period. JPMorgan Chase & Co. bought a new position in Camtek during the third quarter worth about $468,000. Navellier & Associates Inc bought a new position in Camtek during the second quarter worth about $208,000. Cubist Systematic Strategies LLC bought a new position in Camtek during the second quarter worth about $107,000. Finally, PDT Partners LLC bought a new position in Camtek during the second quarter worth about $1,284,000. Institutional investors and hedge funds own 17.31% of the company’s stock.

Shares of Camtek (NASDAQ:CAMT) opened at $6.03 on Friday. Camtek has a twelve month low of $2.82 and a twelve month high of $7.96. The firm has a market capitalization of $212.47, a price-to-earnings ratio of 18.38 and a beta of 1.01.

The firm also recently declared an annual dividend, which was paid on Thursday, November 30th. Investors of record on Wednesday, November 22nd were issued a dividend of $0.14 per share. This represents a yield of 9.36%. The ex-dividend date was Tuesday, November 21st. Camtek’s payout ratio is currently -700.00%.

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About Camtek

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.

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