Media coverage about Orbotech (NASDAQ:ORBK) has been trending somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Orbotech earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news headlines about the electronics maker an impact score of 46.5072508039244 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern’s rankings:
- Critical Analysis: AMTEK (AME) versus Orbotech (ORBK) (americanbankingnews.com)
- Orbotech Ltd. – Ordinary Shares (NASDAQ:ORBK) Sees Light Trading Volume with 170K Shares Changing Hands (highlightpress.com)
- Edited Transcript of ORBK earnings conference call or presentation 2-Aug-17 12:30pm GMT (finance.yahoo.com)
- Orbotech Ltd. (NASDAQ:ORBK) Upgraded to “Hold” at BidaskClub (americanbankingnews.com)
A number of equities analysts have commented on ORBK shares. Needham & Company LLC restated a “buy” rating and issued a $38.00 target price on shares of Orbotech in a research note on Monday, May 22nd. Supply Chain Market Research LLC upped their target price on shares of Orbotech from $37.00 to $43.00 and gave the stock an “outperform” rating in a research note on Monday, August 7th. Cowen and Company upped their target price on shares of Orbotech from $35.00 to $40.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 3rd. Zacks Investment Research upgraded shares of Orbotech from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. Finally, BidaskClub downgraded shares of Orbotech from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 13th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $39.14.
Shares of Orbotech (ORBK) opened at 37.19 on Friday. Orbotech has a 52-week low of $26.69 and a 52-week high of $38.25. The stock has a market cap of $1.78 billion, a PE ratio of 19.96 and a beta of 0.80. The company’s 50-day moving average is $36.00 and its 200-day moving average is $33.73.
Orbotech (NASDAQ:ORBK) last posted its quarterly earnings results on Wednesday, August 2nd. The electronics maker reported $0.67 EPS for the quarter, topping the consensus estimate of $0.59 by $0.08. Orbotech had a net margin of 11.03% and a return on equity of 14.98%. The company had revenue of $210.66 million during the quarter, compared to analysts’ expectations of $205.20 million. During the same quarter in the previous year, the business posted $0.60 EPS. The firm’s revenue was up 7.5% on a year-over-year basis. Equities analysts anticipate that Orbotech will post $2.80 EPS for the current year.
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Orbotech Company Profile
Orbotech Ltd. is a supplier of yield-enhancing and process-enabling solutions for the manufacture of electronics products. The Company provides cutting-edge solutions for use in the manufacture of printed circuit boards (PCBs), flat panel displays (FPDs) and semiconductor devices (SDs). The Company’s segments include Production Solutions for the Electronics Industry, Solar Energy and Recognition Software.
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