Arotech Corporation (ARTX) to Release Quarterly Earnings on Tuesday
Arotech Corporation (NASDAQ:ARTX) will be announcing its earnings results after the market closes on Tuesday, August 8th. Analysts expect the company to announce earnings of $0.03 per share for the quarter.
Arotech Corporation (NASDAQ:ARTX) last posted its earnings results on Monday, May 8th. The aerospace company reported $0.01 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.01. Arotech Corporation had a positive return on equity of 1.59% and a negative net margin of 3.31%. The business had revenue of $22.35 million for the quarter, compared to analysts’ expectations of $22.56 million. On average, analysts expect Arotech Corporation to post $0.18 EPS for the current fiscal year and $0.23 EPS for the next fiscal year.
Shares of Arotech Corporation (ARTX) opened at 3.65 on Monday. The stock’s 50 day moving average price is $3.67 and its 200-day moving average price is $3.56. Arotech Corporation has a 52-week low of $2.25 and a 52-week high of $5.00. The firm’s market cap is $95.52 million.
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Several equities analysts have recently commented on ARTX shares. B. Riley reaffirmed a “buy” rating and set a $4.50 price target on shares of Arotech Corporation in a research report on Friday, May 5th. ValuEngine raised shares of Arotech Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, May 17th. Finally, Zacks Investment Research cut shares of Arotech Corporation from a “buy” rating to a “hold” rating in a research report on Friday, May 26th.
Arotech Corporation 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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