Arotech Co. (NASDAQ:ARTX) has received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Brokers have set a 12-month consensus target price of $4.50 for the company and are forecasting that the company will post $0.08 earnings per share for the current quarter, according to Zacks. Zacks has also given Arotech an industry rank of 52 out of 265 based on the ratings given to its competitors.
ARTX has been the topic of a number of research analyst reports. Zacks Investment Research cut shares of Arotech from a “buy” rating to a “sell” rating in a report on Tuesday, November 14th. B. Riley reiterated a “buy” rating and issued a $4.50 price target on shares of Arotech in a research note on Friday, November 10th.
Shares of Arotech (NASDAQ:ARTX) traded up $0.05 during mid-day trading on Thursday, hitting $3.60. 156,204 shares of the stock were exchanged, compared to its average volume of 123,226. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.70 and a current ratio of 2.17. The company has a market cap of $96.34, a PE ratio of -32.73 and a beta of 1.30. Arotech has a 12 month low of $2.80 and a 12 month high of $5.00.
Arotech (NASDAQ:ARTX) last issued its earnings results on Wednesday, November 8th. The aerospace company reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.04). The firm had revenue of $25.93 million during the quarter, compared to the consensus estimate of $24.48 million. Arotech had a negative net margin of 2.87% and a positive return on equity of 3.27%. research analysts anticipate that Arotech will post 0.14 EPS for the current fiscal year.
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Arotech Company Profile
Arotech Corporation is a defense and security products and services company, engaged in providing interactive simulation for military, law enforcement and commercial markets, and batteries and charging systems for the military, commercial and medical markets. The Company operates through two segments: Training and Simulation Division, and Power Systems Division.
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