Orbotech (ORBK) Set to Announce Earnings on Wednesday
Orbotech (NASDAQ:ORBK) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, February 14th. Analysts expect the company to announce earnings of $0.93 per share for the quarter.
Orbotech (ORBK) opened at $46.26 on Monday. The company has a current ratio of 3.37, a quick ratio of 2.71 and a debt-to-equity ratio of 0.07. Orbotech has a twelve month low of $28.36 and a twelve month high of $57.09. The company has a market cap of $2,220.00, a P/E ratio of 22.03, a price-to-earnings-growth ratio of 0.75 and a beta of 0.75.
A hedge fund recently raised its stake in Orbotech stock. Vanguard Group Inc. grew its stake in Orbotech Ltd (NASDAQ:ORBK) by 11.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,452 shares of the electronics maker’s stock after buying an additional 2,708 shares during the period. Vanguard Group Inc. owned 0.05% of Orbotech worth $830,000 at the end of the most recent reporting period. Institutional investors own 66.02% of the company’s stock.
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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.
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