Orbotech stock: buy or sell?

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

Updated on:
February 19th, 2019

5

After reaching all time highs on February, Orbotech rocketed 4.53% to $65.77. With February, it's been 5 green sessions in a row, gaining $3.92 or 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?

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:

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 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

Daily outlook

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.

ORBK stock chart (daily)

Weekly outlook

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%).

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 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 target

Predicting 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 Share

Orbotech 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.
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 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%.

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 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%.
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 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:

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

Stocks 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 :
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.