Arotech Co. (NASDAQ:ARTX) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Analysts have set a one year consensus price target of $4.50 for the company and are forecasting that the company will post $0.08 EPS 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 related companies.

Several brokerages have recently issued reports on ARTX. Zacks Investment Research downgraded Arotech from a “hold” rating to a “sell” rating in a research report on Monday, October 2nd. B. Riley reaffirmed a “buy” rating and issued a $4.50 price target on shares of Arotech in a research report on Friday, November 10th.

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in Arotech by 1.9% during the second quarter. Vanguard Group Inc. now owns 1,038,240 shares of the aerospace company’s stock worth $3,686,000 after buying an additional 19,082 shares in the last quarter. GSA Capital Partners LLP grew its position in Arotech by 105.1% during the second quarter. GSA Capital Partners LLP now owns 166,100 shares of the aerospace company’s stock worth $590,000 after buying an additional 85,100 shares in the last quarter. Finally, Zacks Investment Management acquired a new stake in Arotech during the second quarter worth about $149,000. 20.89% of the stock is currently owned by institutional investors and hedge funds.

Shares of Arotech (NASDAQ ARTX) traded up $0.05 during trading hours on Thursday, hitting $3.60. The stock had a trading volume of 156,204 shares, compared to its average volume of 123,226. The firm has a market capitalization of $96.34, a P/E 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. The company has a current ratio of 2.17, a quick ratio of 1.70 and a debt-to-equity ratio of 0.14.

Arotech (NASDAQ:ARTX) last issued its quarterly earnings results on Wednesday, November 8th. The aerospace company reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.04). The business had revenue of $25.93 million during the quarter, compared to analyst estimates of $24.48 million. Arotech had a negative net margin of 2.87% and a positive return on equity of 3.27%. research analysts predict that Arotech will post 0.14 EPS for the current fiscal year.

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About Arotech

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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