News stories about Arotech (NASDAQ:ARTX) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Arotech earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the aerospace company an impact score of 45.8014486062486 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Mesa Laboratories, Inc. (MLAB) Reaches $170.76 52-Week High; Arotech (ARTX)’s Sentiment Is 1.07 (mtastar.com)
- Global Zinc-Air Batteries Market 2018 – Rayovac (Spectrum), Energizer, Arotech, Duracell, PowerÂ one, Camelion (nwctrail.com)
- Zacks: Arotech Co. (ARTX) Given Average Recommendation of “Strong Buy” by Brokerages (americanbankingnews.com)
- Arotech (ARTX) versus The Competition Critical Analysis (americanbankingnews.com)
- Analyzing Arotech (ARTX) & Its Peers (americanbankingnews.com)
Several research firms have weighed in on ARTX. TheStreet raised Arotech from a “c” rating to a “b-” rating in a research report on Monday, April 9th. Zacks Investment Research cut Arotech from a “hold” rating to a “sell” rating in a research report on Tuesday, March 20th.
Arotech (NASDAQ:ARTX) last issued its quarterly earnings results on Wednesday, March 14th. The aerospace company reported $0.08 EPS for the quarter, meeting analysts’ consensus estimates of $0.08. Arotech had a return on equity of 5.98% and a net margin of 3.88%. The firm had revenue of $29.00 million for the quarter, compared to analysts’ expectations of $25.93 million. During the same quarter in the prior year, the firm earned ($0.02) EPS. analysts forecast that Arotech will post 0.13 earnings per share for the current fiscal year.
In other news, Chairman Jon B. Kutler purchased 20,000 shares of the company’s stock in a transaction dated Friday, March 16th. The shares were purchased at an average price of $3.20 per share, with a total value of $64,000.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 9.40% of the stock is owned by corporate insiders.
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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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