Loading, Please wait ...

Please contact us if you would like to upgrade your account to include access to financial models

Please contact us if you would like to upgrade your account to include short term strategies for this stock.

ORBK.O

ISIN: IL0010823388
SEDOL: 2661784

Rating:

SELL

Target Price:

4.09 USD

Investment Horizon:

6 to 12 months
5th May 2009 View Report   Download

1Q 09 News Alert

Orbotech Limited (Orbotech) reported a decline in its 1Q 09 revenues despite additional revenues from Photo Dynamics Inc. (PDI). Higher financial expenses further impacted bottom-line performance during the quarter. Going forward, we expect the company’s revenues and earnings to remain under pressure over our 6-12 months investment horizon; as weak global economic conditions will restrict demand for the company’s products....

17th Apr 2009 View Report   Download

Company News Alert

Orbotech Limited’s (Orbotech) NASDAQ common stock has appreciated significantly since our 4Q 08 and FY 2008 update report, which we believe reflects the on-going volatility in global financial markets. We expect global economic conditions to remain weak in FY 2009, which will lead to lower CapEx spending by Flat Panel Display (FPD) manufacturers during the year. Declining CapEx plans of these companies is likely…

25th Mar 2009 View Report   Download

4Q 08 & FY 2008 Update Report

In-line with the company’s strategy of downgrading its Printed Circuit Board (PCB) assembly business, the company has signed an agreement to sell its European and American assembly businesses to Orpo Services ltd in 1Q 09, while Orbotech will continue to provide PCBs to customers in the Asia Pacific region. The expected decline in demand for Personal Computers (PC) and mobile phones, led by declining consumer spending, will also…

23rd Feb 2009 View Report   Download

4Q 08 & FY 2008 News Alert

Orbotech Limited (Orbotech) reported robust top-line growth in 4Q 08. However, the company reported an adjusted operating loss in 4Q 08, given the increase in operating expenditure associated with the acquisition of Photo Dynamics Inc. (PDI). Going forward; we expect a decline in demand for the company’s products and a weak bottom-line performance. Hence, we maintain our HOLD rating for the NASDAQ common stock and will reassess our…

20th Jan 2009 View Report   Download

3Q 08 Update Report

CLICK VIEW REPORT TO READ FREE REPORT

Orbotech Limited’s (Orbotech) 3Q 08 results were below our and market expectations. Lower revenues and poor operating performance led to net loss during the quarter. Going forward, the company’s Flat Panel Display (FPD) Inspection segment will be negatively impacted by significant reduction in investment plans of Liquid Crystal Display (LCD) panel manufacturers. Furthermore, we expect the weak LCD industry outlook to…