Exploring growth characteristics of CAMTEK LTD (NASDAQ:CAMT).

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.

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 46.67% growth.
• CAMTEK LTD has demonstrated strong q2q revenue growth of 39.09%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• The EPS of CAMTEK LTD has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• With a favorable Return on Equity (ROE) of 20.11%, CAMTEK LTD demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
• The Relative Strength (RS) of CAMTEK LTD has consistently been strong, with a current 79.64 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. CAMTEK LTD demonstrates promising potential for sustained price momentum.
• CAMTEK LTD exhibits a favorable Debt-to-Equity ratio at 0.42. 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 47.41% of the total shares held by institutional investors, CAMTEK LTD showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

In-Depth Technical Analysis of NASDAQ:CAMT

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

We assign a technical rating of 2 out of 10 to CAMT. CAMT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

• CAMT is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry. CAMT outperforms 71% of them.
• Looking at the yearly performance, CAMT did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
• CAMT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CAMT is lagging the market.
• In the last month CAMT has a been trading in the 75.66 - 88.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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

Zooming in on the fundamentals.

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

We assign a fundamental rating of 6 out of 10 to CAMT. CAMT was compared to 108 industry peers in the Semiconductors & Semiconductor Equipment industry. While CAMT has a great profitability rating, there are some minor concerns on its financial health. CAMT is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make CAMT suitable for growth investing!

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

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

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.