Camtek (CAMT) Moves 9.0% Higher: Will This Strength Last?

Company Overview - Camtek (CAMT) shares increased by 9% to close at $81.55, with a notable trading volume compared to normal sessions, and a total gain of 15.2% over the past four weeks [1] - The company is experiencing growth due to its diversified customer base and strong market position in advanced packaging, particularly in high-performance computing (HPC) applications that support AI [1] Earnings Expectations - Camtek is projected to report quarterly earnings of $0.79 per share, reflecting a year-over-year increase of 19.7% [2] - Expected revenues for the upcoming quarter are $121.65 million, which is an 18.6% increase from the same quarter last year [2] Stock Performance Insights - Trends in earnings estimate revisions are closely linked to short-term stock price movements, indicating potential strength in Camtek's stock [3] - The consensus EPS estimate for Camtek has remained stable over the last 30 days, suggesting that the stock's price may not continue to rise without changes in earnings estimates [4] Industry Context - Camtek is part of the Zacks Electronics - Measuring Instruments industry, where inTest Corporation (INTT) also operates, having seen a 4.8% increase in its stock price to $7.25, with a 15% return over the past month [4] - inTest's consensus EPS estimate has remained unchanged at -$0.04, representing a significant year-over-year decline of 150%, and it currently holds a Zacks Rank of 4 (Sell) [5]