Arotech (ARTX) Scheduled to Post Quarterly Earnings on Tuesday

Arotech (NASDAQ:ARTX) will be issuing its quarterly earnings data after the market closes on Tuesday, November 6th. Analysts expect the company to announce earnings of $0.02 per share for the quarter.

Arotech (NASDAQ:ARTX) last announced its quarterly earnings results on Tuesday, August 7th. The aerospace company reported $0.03 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.03. Arotech had a return on equity of 7.89% and a net margin of 5.65%. The business had revenue of $21.88 million during the quarter, compared to the consensus estimate of $23.75 million. On average, analysts expect Arotech to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Arotech stock traded up $0.03 during trading on Tuesday, hitting $2.77. 16,066 shares of the company were exchanged, compared to its average volume of 130,189. Arotech has a 52 week low of $2.60 and a 52 week high of $4.20. The company has a market capitalization of $72.84 million, a P/E ratio of 17.30 and a beta of 1.72. The company has a current ratio of 2.08, a quick ratio of 1.67 and a debt-to-equity ratio of 0.10.



Several brokerages recently issued reports on ARTX. Zacks Investment Research downgraded Arotech from a “buy” rating to a “hold” rating in a report on Wednesday, July 11th. TheStreet downgraded Arotech from a “b-” rating to a “c” rating in a report on Tuesday, July 3rd. Finally, ValuEngine upgraded Arotech from a “sell” rating to a “hold” rating in a report on Tuesday, September 18th.

In other Arotech news, Chairman Jon B. Kutler acquired 20,000 shares of Arotech stock in a transaction on Monday, September 10th. The stock was purchased at an average price of $3.20 per share, for a total transaction of $64,000.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Kenneth W. Cappell acquired 10,000 shares of Arotech stock in a transaction on Thursday, September 13th. The stock was acquired at an average price of $3.28 per share, with a total value of $32,800.00. The disclosure for this purchase can be found here. Insiders have purchased 35,289 shares of company stock valued at $113,867 in the last quarter. 9.40% of the stock is currently owned by corporate insiders.

About Arotech

Arotech Corporation provides defense and security products worldwide. The company's Training and Simulation division develops, manufactures, and markets multimedia and interactive digital solutions for engineering, use-of-force training, and operator training of military, law enforcement, security, emergency services, and other personnel.

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Earnings History for Arotech (NASDAQ:ARTX)

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