Orbotech (ORBK) Set to Announce Quarterly Earnings on Wednesday

Orbotech (NASDAQ:ORBK) will be announcing its earnings results before the market opens on Wednesday, February 14th. Analysts expect the company to announce earnings of $0.93 per share for the quarter.

Orbotech (NASDAQ:ORBK) opened at $50.94 on Wednesday. The stock has a market capitalization of $2,440.00, a PE ratio of 24.26, a P/E/G ratio of 0.85 and a beta of 0.75. Orbotech has a 52-week low of $28.01 and a 52-week high of $57.09. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.37 and a quick ratio of 2.71.

A hedge fund recently raised its stake in Orbotech stock. Vanguard Group Inc. grew its holdings in shares of Orbotech Ltd (NASDAQ:ORBK) by 11.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,452 shares of the electronics maker’s stock after purchasing an additional 2,708 shares during the period. Vanguard Group Inc. owned approximately 0.05% of Orbotech worth $830,000 at the end of the most recent reporting period. 66.02% of the stock is owned by institutional investors.

Several equities analysts recently issued reports on ORBK shares. Zacks Investment Research upgraded Orbotech from a “hold” rating to a “strong-buy” rating and set a $56.00 price target on the stock in a research report on Tuesday, November 7th. Stifel Nicolaus boosted their price target on Orbotech from $52.00 to $62.00 and gave the company a “buy” rating in a research report on Tuesday, November 7th. Needham & Company LLC boosted their price target on Orbotech from $54.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, November 7th. BidaskClub upgraded Orbotech from a “hold” rating to a “buy” rating in a research report on Thursday, January 4th. Finally, ValuEngine cut Orbotech from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Orbotech has a consensus rating of “Buy” and a consensus price target of $52.10.

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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.

Earnings History for Orbotech (NASDAQ:ORBK)

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