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High growth, ROE and relative strength for NASDAQ:CAMT, growth investors may appreciate this.

By Mill Chart

Last update: May 20, 2024

In this article we will dive into CAMTEK LTD (NASDAQ:CAMT) as a possible candidate for growth investing. Investors should always do their own research, but we noticed CAMTEK LTD showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Looking into the canslim metrics of CAMTEK LTD

  • In the most recent financial report, CAMTEK LTD reported a 50.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
  • The q2q revenue growth of 33.89% of CAMTEK LTD highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
  • The 3-year EPS growth of CAMTEK LTD (44.97%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
  • In terms of Return on Equity(ROE), CAMTEK LTD is performing well, achieving a 16.51% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
  • CAMTEK LTD has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 98.45 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. CAMTEK LTD is well-positioned for potential price growth opportunities.
  • Maintaining a Debt-to-Equity ratio of 0.41, CAMTEK LTD demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
  • CAMTEK LTD demonstrates a balanced ownership structure, with institutional shareholders at 43.03%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

What is the technical picture of NASDAQ:CAMT telling us.

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

Overall CAMT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CAMT has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • Both the short term and long term trends are positive. This is a very positive sign.
  • Looking at the yearly performance, CAMT did better than 98% of all other stocks. On top of that, CAMT also shows a nice and consistent pattern of rising prices.
  • CAMT is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 100% of 107 stocks in the same industry.
  • CAMT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
  • In the last month CAMT has a been trading in the 73.06 - 100.95 range, which is quite wide. It is currently trading near the high of this range.
  • Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

For an up to date full technical analysis you can check the technical report of CAMT

Fundamental analysis of NASDAQ:CAMT

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

We assign a fundamental rating of 6 out of 10 to CAMT. CAMT was compared to 107 industry peers in the Semiconductors & Semiconductor Equipment industry. CAMT gets an excellent profitability rating and is at the same time showing great financial health properties. CAMT shows excellent growth, but is valued quite expensive already. With these ratings, CAMT could be worth investigating further for growth and quality investing!.

For an up to date full fundamental analysis you can check the fundamental report of CAMT

Our CANSLIM screen will find you more ideas suited for growth investing.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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