Company Performance - Camtek (CAMT) closed at $106.35, reflecting a -2.08% change from the previous day, underperforming the S&P 500, which fell by 0.74% [1] - Over the past month, Camtek's shares have decreased by 2.07%, while the Computer and Technology sector gained 0.14% and the S&P 500 increased by 0.79% [2] Earnings Expectations - Analysts anticipate Camtek will report earnings of $0.83 per share, indicating a year-over-year growth of 7.79%. Revenue is expected to reach $127.21 million, up 8.46% from the same quarter last year [3] - For the full year, earnings are projected at $3.21 per share and revenue at $495.14 million, reflecting increases of +13.43% and +15.36% respectively from the previous year [4] Analyst Sentiment - Recent revisions to analyst estimates for Camtek suggest positive sentiment regarding the company's business and profitability, as these revisions are correlated with near-term share price momentum [5][4] - Camtek currently holds a Zacks Rank of 3 (Hold), with a recent 0.14% rise in the Zacks Consensus EPS estimate [6] Valuation Metrics - Camtek's Forward P/E ratio stands at 33.86, which is lower than the industry average of 44.66 [6] - The company has a PEG ratio of 2.17, compared to the industry average PEG ratio of 2.06 [7] Industry Context - The Electronics - Measuring Instruments industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 108, placing it in the top 44% of over 250 industries [8]
Here's Why Camtek (CAMT) Fell More Than Broader Market