News headlines about Orbotech (NASDAQ:ORBK) have trended somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative news 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 one, with scores closest to one being the most favorable. Orbotech earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the electronics maker an impact score of 47.9821935478071 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern’s scoring:
- Analyzing Orbotech (ORBK) & General Cable (BGC) (americanbankingnews.com)
- Short Interest in Orbotech Ltd (ORBK) Drops By 57.2% (americanbankingnews.com)
- Orbotech (ORBK) Upgraded by BidaskClub to “Buy” (americanbankingnews.com)
- Technical Snapshots for Investors – Orbotech Ltd., (NASDAQ: ORBK) – Stock Watch (stocksnewstimes.com)
- Orbotech Ltd. (ORBK) : Looking for stock with Analysts Rating? – Wall Street Morning (wallstreetmorning.com)
ORBK has been the subject of a number of research analyst reports. BidaskClub upgraded shares of Orbotech from a “hold” rating to a “buy” rating in a report on Friday, March 9th. Lake Street Capital reiterated 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. ValuEngine lowered shares of Orbotech from a “buy” rating to a “hold” rating in a research report on Thursday, January 18th. Finally, Zacks Investment Research lowered 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 assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $53.78.
Orbotech (NASDAQ:ORBK) last announced its quarterly earnings results on Wednesday, February 14th. The electronics maker reported $0.87 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.02. The company had revenue of $256.90 million for the quarter, compared to analysts’ expectations of $256.02 million. Orbotech had a net margin of 14.69% and a return on equity of 15.98%. Orbotech’s revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.70 EPS. sell-side analysts forecast that Orbotech will post 3.3 earnings per share for the current year.
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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