News headlines about Orbotech (NASDAQ:ORBK) have trended somewhat positive on Thursday, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. 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 0.11 on Accern’s scale. Accern also gave headlines about the electronics maker an impact score of 47.9821935478071 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the headlines that may have effected Accern’s scoring:
- Kobi Richter: KLA wanted to buy Orbotech 35 years ago (globes.co.il)
- Orbotech Ltd. (ORBK) stock ends Yesterday with change of -2.28% (nasdaqfortune.com)
- ORBOTECH INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates … (stockhouse.com)
- Orbotech Ltd. (ORBK) has analyst mean rating score of 2.60 (nasdaqfortune.com)
- INVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Orbotech Ltd. and Encourages Shareholder to Contact the Firm for Additional Information (finance.yahoo.com)
ORBK has been the topic of a number of recent research reports. 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 note on Monday, January 22nd. BidaskClub lowered Orbotech from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th. ValuEngine lowered Orbotech from a “buy” rating to a “hold” rating in a research note on Thursday, January 18th. Zacks Investment Research lowered Orbotech from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Finally, Stifel Nicolaus lowered Orbotech to a “hold” rating and set a $69.00 target price on the stock. in a research note on Monday, March 19th. Seven research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $54.44.
Orbotech (NASDAQ:ORBK) last posted its quarterly earnings data on Wednesday, February 14th. The electronics maker reported $0.87 EPS for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.02. Orbotech had a return on equity of 15.98% and a net margin of 14.69%. The firm had revenue of $256.90 million for the quarter, compared to analyst estimates of $256.02 million. During the same quarter last year, the company earned $0.70 EPS. The company’s revenue was up 19.5% on a year-over-year basis. equities analysts expect that Orbotech will post 3.3 earnings per share for the current year.
ILLEGAL ACTIVITY NOTICE: “Orbotech (NASDAQ:ORBK) Getting Somewhat Positive Press Coverage, Report Shows” was originally reported by BBNS and is the sole property of of BBNS. If you are reading this story on another website, it was stolen and republished in violation of US and international trademark and copyright laws. The correct version of this story can be read at https://baseballnewssource.com/2018/03/29/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-orbotech-orbk-share-price-2/1970823.html.
Orbotech Company Profile
Orbotech Ltd. provides yield-enhancing and process-enabling solutions for the manufacture of printed circuit boards (PCBs), flat panel displays (FPDs), semiconductor devices (SDs), and other electronic components in China, Taiwan, North America, Europe, Japan, Korea, and internationally. It operates through three segments: Production Solutions for the Electronics Industry, Solar Energy, and Recognition Software.
Receive News & Ratings for Orbotech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orbotech and related companies with MarketBeat.com's FREE daily email newsletter.