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
- CAMTEK LTD has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 47.06% increase. This indicates improving financial performance and the company's effective management of its operations.
- With consistent quarter-to-quarter (Q2Q) revenue growth of 39.6%, CAMTEK LTD exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
- 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.
- The Return on Equity (ROE) of CAMTEK LTD stands at 20.69%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
- CAMTEK LTD has exhibited strong Relative Strength(RS) in recent periods, with a current 78.37 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. CAMTEK LTD shows promising potential for continued price momentum.
- CAMTEK LTD exhibits a favorable Debt-to-Equity ratio at 0.38. 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 46.58%, 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.
Analyzing the Technical Aspects
At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.
Overall CAMT gets a technical rating of 6 out of 10. In the last year, CAMT was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- CAMT is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 73% of 108 stocks in the same industry.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, CAMT did better than 78% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
For an up to date full technical analysis you can check the technical report of CAMT
A complete fundamental analysis of NASDAQ:CAMT
Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various 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. CAMT scores excellent on profitability, but there are some minor concerns on its financial health. CAMT is growing strongly while it is still valued neutral. This is a good combination! With these ratings, CAMT could be worth investigating further for growth investing!.
Check the latest full fundamental report of CAMT for a complete fundamental analysis.
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.