Orbotech stock: buy or sell?

ORBK stock price: $65.77 4.53% At close on February 19th, 2019

Updated on:
February 19th, 2019

5

Orbotech rocketed 4.53% to $65.77 after topping to all time highs on February. February was the 5th climbing session in a row, marking 6.34%.

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?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, 2 buy setups match with Orbotech stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Orbotech stock a buy?

Everyday, hundreds of stock ratings are published 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

Daily outlook

Orbotech rocketed 4.53% on February to $65.77 after topping to all time highs on February.

On February, ORBK hit a new all time high, pushing higher than tops. Check different trading setups that use ATHs as triggers. Orbotech rocketed 4.53% on February and marked a new all time high at $66.35. Since price and SMA200d lines crossed up on January, ORBK climbed $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.

ORBK stock chart (daily)

Weekly outlook

Orbotech rose 4.53% by mid February and touched a new all time high at $66.35.

Since late January when ORBK stock price broke up the SMA40w line, it gained $7.35 (12.58%).

ORBK stock chart (weekly)

Orbotech stock price history

Orbotech stock went public on March 15th, 2018 with a price of $58.991. Since then, ORBK stock surged a 11.50%, with a yearly average of 11.50%. If you had invested right after ORBK's IPO a $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 target

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price target for Orbotech stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Orbotech is reporting earnings for 2018-Q4 on February, with an expected Earnings per Share (EPS) of $0.79. Orbotech failed experts on November when it published an Earnings per Share (EPS) of $0.73 when the market consensus was $0.86.
ORBK earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2016-Q4-n/a0.53n/a
2017-Q1-n/a0.31n/a
2017-Q2-n/a0.51n/a
2017-Q32017-11-010.830.919.6%
2017-Q42018-02-140.820.820.0%
2018-Q12018-05-080.710.778.5%
2018-Q22018-08-010.850.872.4%
2018-Q32018-11-070.860.73-15.1%
2018-Q42019-02-270.79n/an/a
2019-Q1-n/an/an/a

Annual financial results

In 2017, Orbotech annual revenues climbed an impressive 11.71% to $900.86 million dollars from $806.40 marked in 2016. When comparing 2017 vs 2016, on the other hand, profit margin (that is, the net income divided by revenues) appreciated a 4.84% to 14.70%.

Orbotech presents anual results in December, and to evaluate 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. When comparing 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, boosted an astounding 15.02%. In contrast, profit margin (net income/revenues) stayed steady at 14.70%.

ORBK annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$440 M-$40 M9.1%-
2014$583 M32.44%$35 M6.1%-11.55%
2015$753 M29.13%$57 M7.5%60.46%
2016$806 M7.16%$79 M9.9%39.93%
2017$901 M11.71%$132 M14.7%66.65%
TTM $1,036 M15.02%$151 M14.6%14.43%

Quarterly financial results

Orbotech reported $261.23 million in sales for 2018-Q3, a -2.35% decline compared to previous quarter. Reported quarter earnings marked $29.22 M with a profit margin of 11.19%. Profit margin decreased a -2.31% compared to previous quarter when profit margin was 13.50%. When comparing turnover to same quarter last year, Orbotech sales marked a very good gain and jumped a 6.33%.
ORBK quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2016-Q4$215 M-$26 M11.9%-
2017-Q1$188 M-12.74%$15 M8.0%-41.79%
2017-Q2$211 M12.26%$25 M11.9%67.76%
2017-Q3$246 M16.62%$37 M14.9%46.04%
2017-Q4$257 M4.57%$56 M21.8%52.87%
2018-Q1$251 M-2.46%$30 M12.1%-45.84%
2018-Q2$268 M6.77%$36 M13.5%19.33%
2018-Q3$261 M-2.35%$29 M11.2%-19.09%

Orbotech ownership

When you are planning to buy shares of a stock, it's worth to overview its ownership structure.

Orbotech shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.

The following table compares ownership indicators for other stocks related to Orbotech:

ORBK
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

Orbotech summary

Tuesday, February 19th, 2019
Open$65.93
Close$65.77
Day range$65.58 - $66.35
Previous close$62.92
Session gain4.53%
Average true range$1.13
50d mov avg$58.74
100d mov avg$57.36
200d mov avg$60.08
Daily patternlb03c
Weekly pattern lb06c

Orbotech performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared Orbotech against in the following table:
Stock3m6m12m
ORBKOrbotech19.67%2.25%0.00%

Orbotech competitors

Unfortunately, we could not find any public company that could be defined as Orbotech competitor. This doesn't mean Orbotech does not have any competitor in the market, it's just we could not detected it.