Bear Of The Day: Camtek (CAMT)

Core Viewpoint - Camtek (CAMT) is currently rated as a Zacks Rank 5 (Strong Sell) despite having recently exceeded the Zacks Consensus Estimate for earnings [1] Company Overview - Camtek Ltd. specializes in developing and manufacturing high-end inspection and metrology equipment for the semiconductor industry, including inspecting integrated circuits and measuring features on wafers during the production process [2] Earnings History - Camtek has consistently beaten the Zacks Consensus Estimate in each of the last four quarters, reporting an EPS of $0.82 against a consensus of $0.80 in the most recent quarter [4] Earnings Estimates - Recent trends show that annual earnings estimates for the next fiscal year have decreased from $3.52 to $3.35 over the last 60 days, while the current fiscal year consensus has slightly improved from $3.18 to $3.21 [5] - The negative movement in earnings estimates is a significant factor contributing to Camtek's Zacks Rank of 5 (Strong Sell) [5] Market Context - A broader trend indicates that many stocks within the Zacks universe are experiencing negative earnings estimate revisions, leading to a decline in their rankings [6]