Orbotech (ORBK) Receiving Somewhat Positive Press Coverage, Report Shows

Headlines about Orbotech (NASDAQ:ORBK) have been trending somewhat positive on Monday, Accern reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Orbotech earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the electronics maker an impact score of 47.9138182360305 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have effected Accern’s analysis:

A number of analysts recently issued reports on ORBK shares. BidaskClub raised shares of Orbotech from a “hold” rating to a “buy” rating in a research report on Thursday, January 4th. ValuEngine downgraded shares of Orbotech from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Lake Street Capital reissued a “buy” rating and set a $62.00 target price (up previously from $52.00) on shares of Orbotech in a research report on Monday, January 22nd. Finally, Zacks Investment Research downgraded shares of Orbotech from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Orbotech has an average rating of “Buy” and a consensus price target of $53.78.

Shares of Orbotech (ORBK) opened at $59.04 on Monday. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.37 and a quick ratio of 2.70. Orbotech has a 1 year low of $30.10 and a 1 year high of $60.18. The stock has a market cap of $2,860.00, a P/E ratio of 21.79, a price-to-earnings-growth ratio of 0.95 and a beta of 0.71.

Orbotech (NASDAQ:ORBK) last issued its quarterly earnings data on Wednesday, February 14th. The electronics maker reported $0.87 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.85 by $0.02. Orbotech had a net margin of 14.69% and a return on equity of 15.98%. The company had revenue of $256.90 million during the quarter, compared to the consensus estimate of $256.02 million. During the same quarter last year, the company earned $0.70 earnings per share. Orbotech’s revenue for the quarter was up 19.5% on a year-over-year basis. equities research analysts forecast that Orbotech will post 3.3 EPS for the current fiscal 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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