Camtek(US:CAMT) ZACKSยท2024-07-26 23:05Company Overview - Camtek is set to release its earnings report on August 1, 2024, with expected earnings of $0.65 per share, reflecting a year-over-year growth of 44.44% [1] - The consensus estimate for quarterly revenue is $101.45 million, which represents a 37.54% increase from the same period last year [1] - For the entire year, the Zacks Consensus Estimates forecast earnings of $2.61 per share and revenue of $409.15 million, indicating changes of +33.16% and +29.73%, respectively, compared to the previous year [10] Stock Performance - Camtek's shares have decreased by 18.29% over the past month, while the Computer and Technology sector and the S&P 500 have lost 5.32% and 1.16%, respectively [5] - The latest trading session saw Camtek's stock close at $100.97, with a slight increase of +0.06%, underperforming the S&P 500's daily gain of 1.11% [9] Valuation Metrics - Camtek currently has a PEG ratio of 1.95, compared to the average PEG ratio of 3.04 for Electronics - Measuring Instruments stocks [3] - The company has a Forward P/E ratio of 38.6, which is in line with the industry average [7] Analyst Estimates - Recent changes to analyst estimates for Camtek indicate a positive outlook for the company's business trends [6] - Camtek currently holds a Zacks Rank of 3 (Hold), with the Zacks Rank system showing a strong track record of exceeding expectations [11] Industry Context - The Electronics - Measuring Instruments industry is part of the Computer and Technology sector and currently holds a Zacks Industry Rank of 240, placing it within the bottom 5% of over 250 industries [12]