Oppenheimer Starts Stock Coverage on Orbotech (ORBK)
Orbotech opened at 9.82 on Friday. Orbotech has a 1-year low of $8.95 and a 1-year high of $13.00. The company has a market cap of $426.2 million and a price-to-earnings ratio of 10.97.
Orbotech last released its earnings data on Monday, May 7th. The company reported $0.04 EPS for the quarter. The company’s quarterly revenue was down 25.3% on a year-over-year basis. Analysts expect that Orbotech will post $0.38 EPS next quarter.
Orbotech Ltd. (Orbotech) is principally engaged in the design, development, manufacture, marketing and servicing of yield-enhancing and production solutions for specialized applications in the supply chain of the electronics industry.