Somewhat Positive News Coverage Somewhat Unlikely to Affect Orbotech (ORBK) Stock Price

News articles about Orbotech (NASDAQ:ORBK) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Orbotech earned a news impact score of 0.10 on Accern’s scale. Accern also gave media stories about the electronics maker an impact score of 45.9823059852943 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media stories that may have impacted Accern Sentiment’s scoring:

Orbotech (ORBK) traded up $0.96 during trading on Thursday, hitting $54.38. 291,661 shares of the stock traded hands, compared to its average volume of 380,205. The company has a quick ratio of 2.71, a current ratio of 3.37 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $2,610.00, a PE ratio of 20.42, a PEG ratio of 0.99 and a beta of 0.76. Orbotech has a twelve month low of $28.01 and a twelve month high of $54.64.

Several brokerages have recently commented on ORBK. Jefferies Group LLC reaffirmed a “buy” rating and set a $42.00 price target on shares of Orbotech in a research report on Tuesday, September 12th. BidaskClub upgraded shares of Orbotech from a “sell” rating to a “hold” rating in a research note on Saturday, August 12th. Zacks Investment Research upgraded shares of Orbotech from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a research note on Wednesday, August 9th. Finally, Needham & Company LLC restated a “buy” rating and issued a $40.00 price target (up previously from $38.00) on shares of Orbotech in a research note on Thursday, August 3rd. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $51.00.

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About Orbotech

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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