News coverage about Orbotech (NASDAQ:ORBK) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Orbotech earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news articles about the electronics maker an impact score of 45.8118830502476 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Is Orbotech Ltd (ORBK) A Buy At Its Current PE Ratio? (finance.yahoo.com)
- Orbotech Ltd (ORBK) Secures Multi-Million Order for Flexible PCB Production from Taipei-based Career Technology Co. (streetinsider.com)
- Orbotech Receives Multi-Million Dollar Order from Career Technology for Pattern and Solder Mask Direct Imaging Solutions for Flexible PCB Production (finance.yahoo.com)
- Orbotech Ltd., Interview with Asher Levy, CEO (nasdaq.com)
- Orbotech Ltd. to Present at the Barclays Global TMT Conference (finance.yahoo.com)
Shares of Orbotech (NASDAQ ORBK) traded down $0.16 on Thursday, reaching $49.28. The company’s stock had a trading volume of 387,500 shares, compared to its average volume of 383,520. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.37 and a quick ratio of 2.71. The firm has a market cap of $2,368.36, a P/E ratio of 19.24, a PEG ratio of 0.94 and a beta of 0.80. Orbotech has a 52 week low of $28.01 and a 52 week high of $56.44.
ORBK has been the topic of several analyst reports. Zacks Investment Research cut Orbotech from a “buy” rating to a “hold” rating in a research note on Saturday, September 2nd. ValuEngine lowered Orbotech from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. Jefferies Group reissued a “buy” rating and set a $42.00 price target on shares of Orbotech in a report on Tuesday, September 12th. Needham & Company LLC lifted their price target on shares of Orbotech from $54.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, November 7th. Finally, Oppenheimer lifted their price target on shares of Orbotech from $42.00 to $54.00 and gave the company an “outperform” rating in a research report on Thursday, November 2nd. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Orbotech currently has a consensus rating of “Buy” and an average target price of $51.00.
ILLEGAL ACTIVITY NOTICE: “Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Orbotech (ORBK) Share Price” was reported by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are accessing this story on another website, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this story can be viewed at https://www.thelincolnianonline.com/2017/12/07/orbotech-orbk-receiving-somewhat-positive-media-coverage-accern-reports-updated-updated.html.
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.
Receive News & Ratings for Orbotech Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orbotech Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.