NASDAQ:CAMT—Positioned as a High-Growth Stock, Ready for a Potential Breakout.

In this article, we'll take a closer look at CAMTEK LTD (NASDAQ:CAMT) as a potential candidate for growth investing. While it's important for investors to conduct their own research, CAMTEK LTD has piqued our interest by appearing on our strong growth and breakout radar. Let's explore further.

A Closer Look at Growth for NASDAQ:CAMT

To evaluate a stock's growth potential, ChartMill utilizes a Growth Rating on a scale of 0 to 10. This comprehensive assessment considers various growth aspects, including historical and estimated EPS and revenue growth. NASDAQ:CAMT has achieved a 9 out of 10:

• CAMT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.11%, which is quite impressive.
• The Earnings Per Share has been growing by 27.44% on average over the past years. This is a very strong growth
• Looking at the last year, CAMT shows a quite strong growth in Revenue. The Revenue has grown by 18.81% in the last year.
• Measured over the past years, CAMT shows a very strong growth in Revenue. The Revenue has been growing by 20.69% on average per year.
• Based on estimates for the next years, CAMT will show a very strong growth in Earnings Per Share. The EPS will grow by 25.22% on average per year.
• Based on estimates for the next years, CAMT will show a very strong growth in Revenue. The Revenue will grow by 21.35% on average per year.

Unpacking NASDAQ:CAMT's Health Rating

Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NASDAQ:CAMT has achieved a 5 out of 10:

• CAMT has an Altman-Z score of 9.07. This indicates that CAMT is financially healthy and has little risk of bankruptcy at the moment.
• CAMT has a Altman-Z score of 9.07. This is in the better half of the industry: CAMT outperforms 74.07% of its industry peers.
• A Debt/Equity ratio of 0.42 indicates that CAMT is not too dependend on debt financing.
• A Current Ratio of 5.21 indicates that CAMT has no problem at all paying its short term obligations.
• Looking at the Current ratio, with a value of 5.21, CAMT is in the better half of the industry, outperforming 76.85% of the companies in the same industry.
• CAMT has a Quick Ratio of 4.29. This indicates that CAMT is financially healthy and has no problem in meeting its short term obligations.
• With a decent Quick ratio value of 4.29, CAMT is doing good in the industry, outperforming 75.00% of the companies in the same industry.

Assessing Profitability for NASDAQ:CAMT

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NASDAQ:CAMT has achieved a 7:

• CAMT's Return On Assets of 12.01% is fine compared to the rest of the industry. CAMT outperforms 79.63% of its industry peers.
• CAMT has a Return On Equity of 20.11%. This is amongst the best in the industry. CAMT outperforms 83.33% of its industry peers.
• The Return On Invested Capital of CAMT (11.11%) is better than 81.48% of its industry peers.
• Looking at the Profit Margin, with a value of 25.93%, CAMT belongs to the top of the industry, outperforming 86.11% of the companies in the same industry.
• In the last couple of years the Profit Margin of CAMT has grown nicely.
• The Operating Margin of CAMT (23.00%) is better than 77.78% of its industry peers.
• In the last couple of years the Operating Margin of CAMT has grown nicely.

How does the Setup look for NASDAQ:CAMT

Alongside the Technical Rating, ChartMill assigns a Setup Rating to evaluate the consolidation level of a stock. This rating, ranging from 0 to 10, is updated daily and considers various short-term technical indicators. The current setup rating for NASDAQ:CAMT is 8:

Although the technical rating is bad, CAMT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 84.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 78.29, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

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

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

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.