$0.90 EPS Expected for Orbotech Ltd. (ORBK); Tech Data (TECD)’s Sentiment Is 1.17

January 25, 2018 - By Linda Rogers

Tech Data Corporation engages in the wholesale distribution of technology products. The company has market cap of $3.99 billion. It distributes and markets broadline products, such as notebooks, tablets, desktops, printers, printer supplies, and components; and data center products, including industry standard servers, proprietary servers, networking, and storage products. It has a 20.19 P/E ratio. The firm also offers software products, such as virtualization, cloud, security, desktop applications, operating systems, and utilities software; mobility products consisting of mobile phones and accessories; and consumer electronics comprising TV's, digital displays, consumer audio-visual devices, and network-attached consumer devices.

Analysts expect Orbotech Ltd. (NASDAQ:ORBK) to report $0.90 EPS on February, 14.They anticipate $0.24 EPS change or 36.36% from last quarter’s $0.66 EPS. ORBK’s profit would be $43.12 million giving it 14.91 P/E if the $0.90 EPS is correct. After having $0.86 EPS previously, Orbotech Ltd.’s analysts see 4.65% EPS growth. The stock increased 0.61% or $0.325 during the last trading session, reaching $53.665. About 12,767 shares traded. Orbotech Ltd. (NASDAQ:ORBK) has risen 49.39% since January 25, 2017 and is uptrending. It has outperformed by 32.69% the S&P500.

Analysts await Tech Data Corporation (NASDAQ:TECD) to report earnings on March, 14. They expect $3.53 EPS, up 44.08% or $1.08 from last year’s $2.45 per share. TECD’s profit will be $134.68M for 7.41 P/E if the $3.53 EPS becomes a reality. After $2.00 actual EPS reported by Tech Data Corporation for the previous quarter, Wall Street now forecasts 76.50% EPS growth.

The stock increased 0.78% or $0.81 during the last trading session, reaching $104.68. About 434 shares traded. Tech Data Corporation (TECD) has risen 41.82% since January 25, 2017 and is uptrending. It has outperformed by 25.12% the S&P500.

Shayne & Co. Llc holds 7.19% of its portfolio in Tech Data Corporation for 107,124 shares. Dean Capital Management owns 48,573 shares or 2.02% of their US portfolio. Moreover, Copper Rock Capital Partners Llc has 1.36% invested in the company for 227,168 shares. The Mississippi-based Hancock Holding Co has invested 1.09% in the stock. Springowl Associates Llc, a New York-based fund reported 18,000 shares.

Among 10 analysts covering Orbotech (NASDAQ:ORBK), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Orbotech had 21 analyst reports since September 8, 2015 according to SRatingsIntel. Needham maintained the stock with “Buy” rating in Monday, November 16 report. RBC Capital Markets maintained Orbotech Ltd. (NASDAQ:ORBK) on Friday, November 6 with “Outperform” rating. The rating was maintained by Lake Street on Monday, January 22 with “Buy”. The rating was initiated by Cowen & Co with “Outperform” on Tuesday, January 5. Oppenheimer maintained the stock with “Buy” rating in Thursday, August 3 report. The firm earned “Buy” rating on Wednesday, August 2 by Jefferies. The stock of Orbotech Ltd. (NASDAQ:ORBK) has “Overweight” rating given on Thursday, November 2 by Barclays Capital. As per Tuesday, September 8, the company rating was initiated by Lake Street. The stock of Orbotech Ltd. (NASDAQ:ORBK) earned “Overweight” rating by JP Morgan on Monday, December 21. The stock of Orbotech Ltd. (NASDAQ:ORBK) earned “Outperform” rating by Oppenheimer on Wednesday, December 2.

Orbotech Ltd. provides yield-enhancing and process-enabling solutions for the manufacture of printed circuit boards , flat panel displays (FPDs), and semiconductor devices (SDs) in China, North America, Europe, Japan, Korea, and internationally. The company has market cap of $2.57 billion. It operates through three divisions: Production Solutions for the Electronics Industry, Solar Energy, and Recognition Software. It has a 25.51 P/E ratio. The firm designs, develops, makes, markets, and services direct imaging, automated optical inspection (AOI), automated optical shaping, via formation laser drilling tools, digital inkjet printing, and other production systems used in the manufacture of PCBs; AOI, test, repair, and process monitoring systems for use in the manufacture of FPDs; and etch, physical vapor deposition, and chemical vapor deposition equipment used in the manufacture of SDs, such as micro-electro-mechanical systems, advanced semiconductor packaging, power and radio frequency devices, and high brightness light emitting diode devices.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: