Shares of Orbotech Ltd (NASDAQ:ORBK) have been given an average recommendation of “Hold” by the seven research firms that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $55.00.

ORBK has been the topic of several recent research reports. Zacks Investment Research lowered Orbotech from a “buy” rating to a “hold” rating in a report on Saturday, October 6th. ValuEngine lowered Orbotech from a “buy” rating to a “hold” rating in a report on Tuesday, November 6th. Finally, BidaskClub upgraded Orbotech from a “strong sell” rating to a “sell” rating in a report on Wednesday, November 28th.

ORBK opened at $58.35 on Friday. The firm has a market cap of $2.80 billion, a P/E ratio of 21.30, a PEG ratio of 0.97 and a beta of 0.72. Orbotech has a 1 year low of $44.14 and a 1 year high of $65.75. The company has a quick ratio of 3.06, a current ratio of 3.88 and a debt-to-equity ratio of 0.04.

Orbotech (NASDAQ:ORBK) last released its quarterly earnings data on Wednesday, November 7th. The electronics maker reported $0.79 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.11). The firm had revenue of $261.23 million for the quarter, compared to analyst estimates of $262.49 million. Orbotech had a net margin of 14.62% and a return on equity of 16.36%. As a group, analysts predict that Orbotech will post 3.17 earnings per share for the current year.

A number of institutional investors and hedge funds have recently modified their holdings of ORBK. Legal & General Group Plc boosted its holdings in Orbotech by 5.6% during the third quarter. Legal & General Group Plc now owns 12,066 shares of the electronics maker’s stock valued at $717,000 after purchasing an additional 637 shares in the last quarter. Vanguard Group Inc boosted its holdings in Orbotech by 5.0% during the third quarter. Vanguard Group Inc now owns 98,398 shares of the electronics maker’s stock valued at $5,849,000 after purchasing an additional 4,722 shares in the last quarter. Marshall Wace North America L.P. acquired a new stake in Orbotech during the third quarter valued at approximately $257,000. Marshall Wace LLP boosted its holdings in Orbotech by 33.6% during the third quarter. Marshall Wace LLP now owns 313,116 shares of the electronics maker’s stock valued at $18,612,000 after purchasing an additional 78,754 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Orbotech by 5.0% during the third quarter. Vanguard Group Inc. now owns 98,398 shares of the electronics maker’s stock valued at $5,849,000 after purchasing an additional 4,722 shares in the last quarter. Hedge funds and other institutional investors own 71.08% of the company’s stock.

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.

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