ValuEngine lowered shares of Orbotech (NASDAQ:ORBK) from a strong-buy rating to a buy rating in a research report report published on Friday.
Other research analysts have also recently issued research reports about the stock. Jefferies Group restated a buy rating and set a $42.00 target price on shares of Orbotech in a research note on Tuesday, September 12th. BidaskClub upgraded shares of Orbotech from a sell rating to a hold rating in a research note on Saturday, August 12th. Zacks Investment Research upgraded shares of Orbotech from a hold rating to a buy rating and set a $41.00 target price on the stock in a research note on Wednesday, August 9th. Finally, Needham & Company LLC restated a buy rating and set a $40.00 target price (up previously from $38.00) on shares of Orbotech in a research note on Thursday, August 3rd. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of $51.00.
Orbotech (NASDAQ ORBK) traded up $0.58 on Friday, hitting $49.59. 267,504 shares of the company were exchanged, compared to its average volume of 381,877. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.71 and a current ratio of 3.37. Orbotech has a 52 week low of $28.01 and a 52 week high of $56.44. The stock has a market cap of $2,379.85, a PE ratio of 19.33, a price-to-earnings-growth ratio of 0.94 and a beta of 0.80.
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Orbotech Company Profile
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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