News Image

Is NASDAQ:CAMT a Fit for Growth Investing Strategies?

By Mill Chart

Last update: Aug 13, 2024

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.


Canslim stocks image

Some of the canslim metrics of NASDAQ:CAMT highlighted

  • The earnings per share (EPS) of CAMTEK LTD have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 46.67% increase. This reflects the company's ability to improve its profitability over time.
  • The quarter-to-quarter (Q2Q) revenue growth of 39.09% of CAMTEK LTD has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and drive revenue growth.
  • CAMTEK LTD has achieved 44.97% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
  • CAMTEK LTD exhibits a strong Return on Equity (ROE) of 16.51%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
  • CAMTEK LTD has achieved an impressive Relative Strength (RS) rating of 96.05, showcasing its ability to outperform the broader market. This strong performance positions CAMTEK LTD as an attractive stock for potential price appreciation.
  • CAMTEK LTD exhibits a favorable Debt-to-Equity ratio at 0.41. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
  • With institutional shareholders at 44.51%, 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

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

We assign a technical rating of 4 out of 10 to CAMT. Although CAMT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

  • Looking at the yearly performance, CAMT did better than 96% of all other stocks. We also observe that the gains produced by CAMT over the past year are nicely spread over this period.
  • CAMT is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 94% of 109 stocks in the same industry.
  • The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
  • CAMT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CAMT is lagging the market slightly.

Check the latest full technical report of CAMT for a complete technical analysis.

What is the full fundamental picture of NASDAQ:CAMT telling us.

As part of its analysis, ChartMill provides a comprehensive Fundamental 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 fundamental indicators and properties.

Overall CAMT gets a fundamental rating of 7 out of 10. We evaluated CAMT against 109 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 is not overvalued while it is showing excellent growth. This is an interesting combination. This makes CAMT very considerable for growth and quality investing!

Our latest full fundamental report of CAMT contains the most current fundamental analsysis.

More growth stocks can be found in our CANSLIM screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

Back