Orbotech stock: buy or sell?
February 19th, 2019
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.
Should I buy Orbotech stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
These 2 buy setups match with Orbotech stock right now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Orbotech stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for ORBK stock for the last month.
Orbotech stock analysis
Orbotech shares rocketed 4.53% on February and topped a new all time high at $66.35.
Orbotech topped new all time highs back again on February, marking to $66.35. Shares ended at $65.77 and rocketed 4.53%. Since January when ORBK stock price broke up the SMA200d line, it gained $6.00 (10.04%). ORBK shows a strong short term uptrend with several rising tops and rising bottoms. Since its last bottom on February, ORBK climbed unceasignly breaking out to new all time highs.
Orbotech shares touched new all time highs back again this week, setting highs to $66.35. Shares closed at $65.77 and rose 4.53% during the week.
Since late January when ORBK stock price broke up the SMA40w line, it gained $7.35 (12.58%).
Orbotech stock price history
Orbotech stock went public on March 15th, 2018 with a price of $58.991. Since then, ORBK stock grew a 11.50%, with a yearly average of 11.50%. If you had invested $1,000 in Orbotech stock in 2018, it would worth $115.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Orbotech stock historical price chart
ORBK stock reached all-time highs on February with a price of $66.35.
Orbotech stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price forecast for Orbotech stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareOrbotech is reporting earnings for 2018-Q4 on February, with an expected Earnings per Share (EPS) of $0.79. On November, Orbotech didn't meet the forecasts of the analysts and posted a godawful EPS of $0.73 per share when experts were expecting $0.86.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2017, Orbotech annual turnover skyrocketed a wonderful 11.71% to $900.86 M dollars from $806.40 marked in 2016. However, its earnings margin (compared to revenues) gained to 14.70%, that is $132.39 million. Orbotech presents anual results in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Orbotech TTM sales up to September 2018 were $1,036.17 and earnings $151.49 million USD. If we compare this TTM figures with the last reported annuality, we can esteem Orbotech business evolution since December 2017: Annual sales up to September, compared to lastest yearly report, climbed an astounding 15.02%. However, profit margin (net income/sales) remained stable at 14.70%.
|2013||$440 M||-||$40 M9.1%||-|
|2014||$583 M||32.44%||$35 M6.1%||-11.55%|
|2015||$753 M||29.13%||$57 M7.5%||60.46%|
|2016||$806 M||7.16%||$79 M9.9%||39.93%|
|2017||$901 M||11.71%||$132 M14.7%||66.65%|
|TTM||$1,036 M||15.02%||$151 M14.6%||14.43%|
Quarterly financial resultsOrbotech reported $261.23 M in revenues for 2018-Q3, a -2.35% decline compared to previous quarter. Reported quarter income marked $29.22 million with a profit margin of 11.19%. Profit margin depreciated a -2.31% compared to previous quarter when profit margin was 13.50%. When comparing sales to same quarter last year, Orbotech sales marked a great increase and soared a 6.33%.
|2016-Q4||$215 M||-||$26 M11.9%||-|
|2017-Q1||$188 M||-12.74%||$15 M8.0%||-41.79%|
|2017-Q2||$211 M||12.26%||$25 M11.9%||67.76%|
|2017-Q3||$246 M||16.62%||$37 M14.9%||46.04%|
|2017-Q4||$257 M||4.57%||$56 M21.8%||52.87%|
|2018-Q1||$251 M||-2.46%||$30 M12.1%||-45.84%|
|2018-Q2||$268 M||6.77%||$36 M13.5%||19.33%|
|2018-Q3||$261 M||-2.35%||$29 M11.2%||-19.09%|
Orbotech ownershipWhen you are planning to buy shares of a stock, it's always worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Orbotech, of all outstanding shares are owned by its staff.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Tuesday, February 19th, 2019|
|Day range||$65.58 - $66.35|
|Average true range||$1.13|
|50d mov avg||$58.74|
|100d mov avg||$57.36|
|200d mov avg||$60.08|
Orbotech performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Orbotech performance to :