Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if CAMTEK LTD (NASDAQ:CAMT) is suited for growth investing. Investors should of course do their own research, but we spotted CAMTEK LTD showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.
Some of the canslim metrics of NASDAQ:CAMT highlighted
- With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), CAMTEK LTD highlights its ability to generate increasing profitability, showcasing a 50.0% growth.
- The recent q2q revenue growth of 33.89% of CAMTEK LTD showcases the company's ability to generate increasing revenue in a short period, reflecting its positive growth trajectory.
- CAMTEK LTD has achieved 44.97% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
- With a favorable Return on Equity (ROE) of 16.51%, CAMTEK LTD demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
- CAMTEK LTD has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 99.02 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.
- With a current Debt-to-Equity ratio at 0.41, CAMTEK LTD showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
- With institutional shareholders at 43.04%, CAMTEK LTD demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.
Insights from Technical Analysis
As part of its analysis, ChartMill provides a comprehensive Technical Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various technical indicators and properties.
Taking everything into account, CAMT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CAMT is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that CAMT is one of the better performing stocks in the market, outperforming 99% of all 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 108 stocks in the same industry.
- CAMT is currently making a new 52 week high. This is a strong signal. 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 89.00 - 110.74 range, which is quite wide. It is currently trading near the high of this range.
Our latest full technical report of CAMT contains the most current technical analsysis.
Zooming in on the fundamentals.
Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.
Overall CAMT gets a fundamental rating of 6 out of 10. We evaluated CAMT against 108 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the health and profitability get an excellent rating, making CAMT a very profitable company, without any liquidiy or solvency issues. CAMT shows excellent growth, but is valued quite expensive already. These ratings would make CAMT suitable for growth and quality investing!
Our latest full fundamental report of CAMT contains the most current fundamental analsysis.
Our CANSLIM screen will find you more ideas suited for growth investing.
Disclaimer
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.