Seeking Alpha

Camtek gains after Chardan hikes PT, talks 3D printing

  • Chardan Capital's Jay Srivatsa has hiked his Camtek (CAMT +4.4%) PT to $6 from $2.50 in the wake of last Thursday's mixed Q4 results, and argues the company's solder mask deposition 3D printer (helps make printed circuit boards) could help produce "material" revenue/earnings growth in 2015.
  • Srivatsa now values Camtek at 15x 2015E EPS. He previously valued the company at 10x 2014E EPS.
  • Previous: Camtek jumps following Globes report
Comments (2)
  • The Q&A from the earnings call was not encouraging on this. As reported here

     

    http://bit.ly/1cW9Fvu

     

    they'll need to pick up the pace in order for those predictions to have any chance at coming true.
    18 Feb, 02:29 PM Reply Like
  • Interesting- I alerted Camtek as a 3D play at under $2/share on November 22: http://bit.ly/1h2mvLB

     

    Next up is MGI (OTC:FRIIF) with higher EPS than ANY 3D printing stock, and a lower PE, lower P/S: http://bit.ly/1jOwcSC

     

    In 3 months maybe Charden will start covering MGI Digital also.
    18 Feb, 02:33 PM Reply Like
DJIA (DIA) S&P 500 (SPY)