Arotech Corporation

Company Details:

Company Symbol: ARTX
Sector: Defense Simulation & Power Management
Company Rating:
URL: http://www.arotech.com

Related Research

  • 03/17/17 Morning Note B. Riley AM Note: AMRK (resuming coverage), ARTX, AXTI (downgrade), FINL, GSM, LLNW, NKE, NMRX, PFSW, RDI, SCVL; Focus List Update (BV, CARB, DKS, IMAX, KTOS, LITE, MPAA, MRVL, OOMA, PBH, TRUE), Optical Components (CIEN, FNSR, INFN, LITE, NPTN, OCLR)
  • 03/16/17 Update ARTX ($3.37, Buy; $4.50 PT): Revenue Rebuild Story as ARTX Reports Light Q4 ‘16 Top Line and Guides $93MM-$103MM in FY ’17; We See Continued EPS Growth
  • 03/16/17 Morning Note B. Riley AM Note: ACLS, ADI, AMAT, ARTX, CVRS, EVLV, FLWS, GES, LRCX, NVDA, PRMW; Media (AMC, CNK, IMAX, MCS, NCMI, RDI, RGC)
  • 03/13/17 Morning Note B. Riley AM Note: AMC, AOSL, ARTX, AVGO, CSGP, FTD, GCO, GSM, HDSN, HIBB, IMAX, INTC, IPAR, KIRK (upgrade), LLTC (discontinuation), MRVL NCMI, ON, RUBI, SIX, SWKS, TST; Boardsport (DECK, NKE, VFC), Exhibitors (AMC, CNK, IMAX, MCS, RDI, RGC), Footwear
  • 03/13/17 Update ARTX ($3.80, Buy; $4.50 PT): Earnings Preview: Expect More Positive Earnings and Cash Flow in Q4, with a Leaner, More U.S.-centric Arotech Pursuing Continued Growth in 2017
  • 03/07/17 Morning Note B. Riley AM Note: ABTL, ADI, ARTX, DCO, FNJN, HCHC, III, RDI, SLAB, TACT, TRXC
  • 01/04/17 Morning Note B. Riley AM Note: ARTX, CDZI (initiation), COHU, FC, FNJN, JCP, PCMI
  • 11/10/16 Morning Note B. Riley AM Note: ADI, APPS, ARTX, COTY, CROX, CTS (initiation), EKSO, EXAR, FC, GSM, HCHC, IDSY, IPAR, ITI, JCP, MPAA (upgrade), MRVL, NLST, NVTR, PFSW, RELY, SPA, TUBE, WYY; Focus List Update
  • 11/09/16 Update ARTX ($2.78, Buy; $4.50 PT): Arotech Beats with Q3 Report, Maintains Above-consensus Guidance; Trimming Revenue, Lifting EBITDA and EPS Projections
  • 11/09/16 Morning Note B. Riley AM Note: ARTX, CBR (discontinuation), CLRO, CLX, CNK, CVRS, CVU, HEAR, III, IPAR, LIOX, LOV, MZOR, NAME, PCOM (initiation), PRGO, RDI, REIS, RLH, SPA, SYRX, VPG, VSAT, WEYS
  • 11/03/16 Morning Note B. Riley AM Note: ACLS, AMRK, ARC, ARTX, AVGO, BCOV, BLKB, CBR, CLRO, DMRC, EXAR, FLWS, GDDY, HDSN, HSKA, III, IL, JAKK, KE, KTOS, MRVL, NCMI, NMRX, ROG, RUBI, SKX (downgrade), TACT, TST, VIVE (initiation), WEYS, XOXO, YELP, ZUMZ
  • 11/03/16 Update ARTX ($2.96, Buy; $4.50 PT): Earnings Preview: Low Bar to Clear in Q3 as We Model Below Management’s FY ’16 Guidance; Training Could Use Some Wheels
  • 09/23/16 Morning Note B. Riley AM Note: AMRK, ARTX, CARB, LGF, MAMS, SMTC
  • 08/23/16 Morning Note B. Riley AM Note: AMRK, AMSWA, ARTX, DWA, EL, FLWS, INTC, RELY, ROVI
  • 08/09/16 Update ARTX ($2.96, Buy; $4.50 PT): ARTX Narrows Guidance to Low End of FY ’16 Range after Light Q2; New Board Focuses on Operational Efficiencies While Pursuing Potential M&A
  • 08/09/16 Morning Note B. Riley AM Note: AOSL, ARTX, DTSI, ELNK, FNJN, HEAR, III, IPHI, MCHP, NCMI, NPTN, ON, OSIS, PFSW, ROG, STMP, SYRX, WYY; Footwear (CROX, DECK, RCKY, VFC, WEYS, WWW)
  • 08/04/16 Update ARTX ($2.89, Buy; $4.50 PT): Earnings Preview: Expect New Board to Focus on Operational Efficiencies While Pursuing Potential Complementary M&A
  • 08/04/16 Morning Note B. Riley AM Note: ARTX, AVGO, CLX, CNK (upgrade), CROX, DWA, ELNK, EXAR, GDDY, HSKA, IL, KE, KLIC, NCMI, PG, RDNT, RNWK, ROG, SWKS, TROX, UEIC, WEYS, ZUMZ
  • 05/11/16 Update ARTX ($3.09, Buy; $4.50 PT): Focus Returns to Organic Growth with Proxy Contest Settled and Power Systems Showing Positive Signs
  • 05/11/16 Morning Note B. Riley AM Note: ARTX, CALD, CNK, CROX, CVU, DSW, EXAR, HEAR, IPAR, KW, NAME, NSSC, RDNT, RELY, SNDK, UFAB, VPG, WYY; Shoe Review (COLM, CROX, DECK, VFC, WEYS, WWW), The Weiser Consumer (AVP, COTY, EL, FTD, NTRI, RDEN, SBH)
  • 05/10/16 Morning Note B. Riley AM Note: AMRK, ARTX, AVP, DCO, DTSI, EXAR, III, IPAR, JCP, NLS, NMRX, NSSC, ON, PBH, PFSW, RELY, RTEC, STMP, SYRX, TST
  • 05/09/16 Update ARTX ($3.54, Buy; $4.50 PT): Earnings Preview: Focus Returns to Organic Growth with Proxy Contest Settled and Power Systems Showing Positive Signs
  • 05/09/16 Morning Note B. Riley AM Note: AMRK, APPS, ARTX, CLRO, CROX, DCO, MFLX, NLS, NVDA, RDEN, REIS, STMP, VPG, WYY, YELP; Exhibitors (AMC, CKEC, CNK, DWA, IMAX, LGF, MCS, NCMI, RGC), Internet (DMD, NAME), Optical Components (CIEN, FN, FNSR, IPHI, LITE, NPTN, OCLR)
  • 04/21/16 Morning Note B. Riley AM Note: AKAM, ARTX, ASML, LRCX, MAT, OXM, PLXS, SHOO, SKX, TUP, XOXO, YELP; Exhibitors (AMC, CKEC, CNK, IMAX, MCS, NCMI, RGC), Marine (BC, HZO, MBUU, MCFT, MPX)
  • 04/11/16 Morning Note B. Riley AM Note: ARTX, INTC, NTCT, SWKS; Boardsports (DECK, NKE, VFC), Footwear (CROX, DECK, GCO, VFC, WEYS, WWW)
  • 03/16/16 Morning Note B. Riley AM Note: ARTX, DSW, RELY, ROVI, TLYS, WYY; Semiconductors (AOSL, ADI, AVGO, EXAR, INTC, ISIL, LLTC, MRVL, MXIM, MCHP, NVDA, ON, SNDK, SMTC, SLAB, SWKS, TXN), The Weiser Consumer (AVP, EL, FLWS, FTD, IPAR)
  • 03/15/16 Update ARTX ($2.61, Buy; $4.50 PT): Power Up! Arotech Addresses Activist Concerns; Focuses on Extending Training and Simulation and Growing Power Systems
  • 03/15/16 Morning Note B. Riley AM Note: APPS, ARTX, AVP, DCO, FLWS, GES, IPAR, MCHP, OUTR, PFSW, RDNT, RELY, RUBI
  • 03/14/16 Update ARTX ($2.53, Buy; $4.50 PT): Earnings Preview: All Aboard! Arotech Addresses Activist Concerns; Time to Focus on Growing Power Systems
  • 03/14/16 Morning Note B. Riley AM Note: ACLS, ARTX, CAMT, GCO, HIBB, IDCC, INTC, JBL, KIRK, VVI, WYY, XCRA
  • 02/26/16 Morning Note B. Riley AM Note: AMSWA, ARTX, AVGO, BRCM, CSGP, GPX, IMMR, KW, NCMI, NPTN, NTRI, ROVI, STMP, TIVO, XCRA; Boardsport Survey (DECK, NKE, VFC)
  • 02/22/16 Morning Note B. Riley AM Note: ARC, ARTX, CTG, DMRC, FORM, IMAX, ISIL, JAKK, TROX, VFC, XCRA; Consumer Products (FLWS, FTD, NTRI), February Focus List Update (NTRI), Optical Components (AFOP, FN, FNSR, LITE, NPTN, OCLR), The Weiser Consumer (JAKK, NWL, PG, PRGO)
  • 02/04/16 Morning Note B. Riley AM Note: AOSL, ARTX, BRKS, DHX, EXAR, FARM, GIG, IVAC, KLIC, KTOS, MCHP, SLAB, SPA, STMP, SUP, ZUMZ
  • 12/18/15 Morning Note B. Riley AM Note: ARTX, AVP, DKS, HIBB, MCS, NTRI, PII, PRGO, TROX
  • 11/10/15 Update ARTX ($1.82, Buy; $4.50 PT): Modest Q3 Revenue and Pro forma EPS Miss as Power Systems Business is Rightsized; Expecting Rebound in FY ’16; Introducing FY ’17 Estimates
  • 11/10/15 Morning Note B. Riley AM Note: APPS, ARTX, CKEC, DTSI, HEAR, III, IPAR, LGF, LIOX, MPAA, NAME, NCMI, NSSC, RDNT, RELY, RLD, RNWK, RTEC, SBH, TYPE, VSAT, WYY; Boardsports/Shoes Retail Surveys, The Weiser Consumer (COTY, EL, FLWS, FTD, NTRI, NWL, PBH)
  • 11/09/15 Morning Note B. Riley AM Note: AMAT, AMRK, ARTX, BOOT, CSOD, EVOL, FTD, GSM, HSKA, III, NTRI, RDEN, VSAT; November Focus List Update
  • 11/09/15 Update ARTX ($1.72, Buy; $4.50 PT): Earnings Preview: Solid Bookings Contrast with Muted Expectations, Valuation Disconnect at $54MM EV
  • 09/14/15 Morning Note B. Riley & Co. AM Note: ARTX, COTY, FLWS, FTD, KTOS, MRVL, SPCB; Media & Entrtnmt (AMC, CKEC, CNK, IMAX, MCS, RLD, RGC); Optical Cmp (AFOP, CIEN, FN, FNSR, LITE, NPTN, OCLR); Mitch’s Brdspt (DECK, NKE, VFC); Mitch’s Shoe (COLM, CROX, DECK, RCKY, VFC, WWW)
  • 08/12/15 Update ARTX ($1.64, Buy; $4.50 PT): Q1 Uncertainty Leads to Q2 Missteps and Lowered Guidance; Look to FY ’16 for Return to Growth; Lowering PT from $5.50 to $4.50
  • 08/12/15 Morning Note AM Notes: AOSL, ARTX, LITE, VIAV; Boardsport Report (ZQK), Shoe Review (COLM, CROX, DECK, RCKY, VFC, WWW)
  • 08/10/15 Earnings Preview ARTX ($2.16, Buy; $5.50 PT): Earnings Preview: Look to FY ’16 for Growth After Light Q1, Current Uncertainty
  • 08/10/15 Morning Note Morning Notes: AOSL, ARTX, GRPN, IPAR, LGF, LITE, NILE, PBH, RDEN, VIAV; Industry Update: Outdoor Show 2015 (COLM, CROX, VFC, WWW)
  • 05/13/15 Morning Note B. Riley & Co. Morning Notes: ARTX, DCO, EXAR, IPAR, PFSW, RELY
  • 05/13/15 Update ARTX ($2.65 Buy; $5.50 PT): ARTX Affirms FY ’15 Outlook, Including $0.31-$0.36 EPS, After Light Q1
  • 05/12/15 Morning Note B. Riley & Co. Morning Notes: ARTX, CHKE, DCO, DTSI, IEC, NCMI, NSSC, VOXX, WYY
  • 05/11/15 Update ARTX ($2.77, Buy; $5.50 PT): Earnings Preview: $70MM Backlog Fuels Growth as ARTX Integrates UEC and Develops SIRE Flow Battery
  • 05/11/15 Morning Note B. Riley & Co. Morning Notes: API, ARTX, COTY, III, NAME, NILE, RDEN, SBH, SRI, UEIC, WYY; Active Lifestyle (COLM, DECK, VFC, ZQK)
  • 03/18/15 Morning Note B. Riley & Co. Morning Notes: ARTX, DSW, EVOL, NVDA, RNWK, ZQK; Optical Components (AFOP, FN, FNSR, JDSU, NPTN, OCLR)
  • 03/17/15 Update ARTX ($3.28, Buy; $5.50 PT): Strong Cash Flow Highlights Positive Q4, $70MM Backlog Fuels Growth Guidance for FY ’15; Shares Rallying on High Volume
  • 03/17/15 Morning Note B. Riley & Co. Morning Notes: ARTX, CKEC, DCO, EVOL, ISIL, NCMI, VSAT, WYY; Consumer Products Weekly (AVP, FLWS, FTD, IPAR)
  • 03/16/15 Update ARTX ($2.83, Buy; $5.50 PT): Earnings Preview: Strong Cash Flow, Rising Backlog in Q4 Signal Likely Continued Growth in 2015
  • 03/16/15 Morning Note B. Riley & Co. Morning Notes: ARTX, CKEC, DCO, DSW, IPAR
  • 01/15/15 Morning Note B. Riley & Co. Morning Notes: ARTX, NCMI, RNWK; ICR Wrap-Up (AEO, BEBE, GES, PSUN, SSI, SHOO, TLYS), Internet (GOOGL, NAME, WWWW)
  • 01/13/15 Morning Note B. Riley & Co. Morning Notes: ARTX, BEBE, CAMP, DMRC, GFN, INTC, NLS, SNDK, SSGH, TLYS, TREC; Consumer Products Weekly (JAKK, NTRI, PRGO, WDFC, WTW)
  • 11/12/14 Morning Note B. Riley & Co. Morning Notes: ARTX, DMD, FTD, GRPN, IPAR, LLNW, MPAA, SBH, SGGH, SWKS, WYY
  • 11/11/14 Update ARTX ($2.51, Buy; $5.50 PT): Beats with $2.6MM Q3 EBITDA on Light ($25MM) Revenue, Guides for Light (1%-2%) EBITDA Margins on Expected $30MM Revenue in Q4
  • 11/11/14 Morning Note B. Riley & Co. Morning Notes: API, ARTX, CACH, DTSI, GFN, KW, LIOX, NPTN, PFSW
  • 11/10/14 Update ARTX ($2.92, Buy; $5.50 PT): Earnings Preview: Expect Guidance Beat; Less Sure if Hits Our Significantly Above-guidance Projections
  • 11/10/14 Morning Note B. Riley & Co. Morning Notes: AEO, AMAT, ARTX, BRKS, CIDM, COTY, DMD, FARM, IDSY, IMAX, IPAR, LGF, PCMI, VSAT
  • 08/13/14 Morning Note B. Riley & Co. Morning Notes: AOSL, ARTX, CLRO, IPAR, JDSU, SRI, VSAT
  • 08/12/14 Update ARTX ($3.97, Buy; $5.50 PT): Arotech Beats on Margin, Expects to Exceed Prior FY ’14 EBITDA Guidance; Raising Estimates and PT from $5.25 to $5.50
  • 08/12/14 Morning Note B. Riley & Co. Morning Notes: AMAT, API, ARTX, CACH, DMD, DTSI, JDSU, MPAA, RLD, TIVO, UNTD, VSAT; Consumer Products Weekly
  • 08/11/14 Morning Note B. Riley & Co. Morning Notes: ARTX, KW, LGF, Semiconductors and Semi Cap Equipment
  • 08/11/14 Update ARTX ($3.37, Buy; $5.25 PT): Earnings Preview: First Look with UEC; Trimming Q2e Revs, Maintaining EBITDA and Adjusting EPS for $11.5MM Secondary
  • 06/27/14 Morning Note B. Riley & Co. Morning Notes: ARTX, CIDM, FC, MEI, TIVO
  • 06/27/14 Update ARTX ($4.44, Buy; $5.25 PT) Adjusting Model for Lowered 2014 Guidance on Delayed Order Timing; $36MM VCTS Extension Benefits 2015
  • 06/24/14 Morning Note B. Riley & Co. Morning Notes: AMSWA, ARTX, AVP, FINL, PRMW, SIX, SNDK, WWWW; Consumer Products Weekly, Optical Components
  • 05/15/14 Morning Note B. Riley & Co. Morning Notes: ARTX, CHKE, COTY, TIVO, VOXX, WYY, XOXO; Optical Components, Semiconductors
  • 05/15/14 Update ARTX ($4.01, Buy; $5.25 PT) Delivers Substantial Q1 ’14 Earnings Beat, Including $0.09 Pro-forma EPS vs. $0.02 Modeled; Increasing PT from $5.00 to $5.25
  • 05/12/14 Update ARTX ($3.05, Buy; $5.00 PT) Q1 ’14 Earnings Preview: Upgrading ARTX on Price Following Selloff and Accretive, $33MM UEC Electronics Acquisition
  • 05/12/14 Morning Note B. Riley & Co. Morning Notes: AMAT, ARTX, CLX, GSM
  • 04/02/14 Update ARTX ($5.44, Neutral; $5.00 PT): Accretive, $33MM UEC Electronics Acquisition Cushions Impact of Q4 Miss and Implicitly Weak 2014 Guidance for Preexisting Business
  • 04/02/14 Morning Note B. Riley & Co. Morning Notes: ABTL, ARTX, DWA, SPRT, TUP, VCRA, WTSL
  • 04/01/14 Morning Note B. Riley & Co. Morning Notes: ABTL, ACW, ARTX, CWTR, FC, REMY, WYY; Focus List Update
  • 03/28/14 Morning Note B. Riley & Co. Morning Notes: ARTX, CLX, CONN, GME, HSKA, ISSI, WTSL, WYY
  • 03/27/14 Desk Report ARTX ($5.70, Neutral; $5.00 PT): Earnings Preview: Near-term Estimates Appear Readily Achievable; Focus on M&A and Flow Battery Opportunity
  • 03/11/14 Morning Note B. Riley & Co. Morning Notes: ABTL, ARTX, KTOS, OUTR, RLD, TXN; Consumer Products Weekly, Optical Components Preview
  • 03/11/14 Update ARTX ($5.65, Neutral; $5.00 PT): Downgrading to Neutral on Valuation; Raising PT from $3.70 to $5.00; Introducing FY ’15 Estimates
  • 12/19/13 Morning Note B. Riley & Co. Morning Notes: ARTX, Consumer Products, FINL, Focus List Update (BEBE, BIRT, CKEC, EMKR, GME, IPAR, KTOS, MDAS, MPAA, SIX, SLAB, TIVO, VCLK), Media (BTN, CKEC, CIDM, CNK, DCIN, IMAX, MCS, NCMI, RLD, RGC), MSPD, SMTC, TYPE, VCLK, VIAB
  • 11/13/13 Morning Note B. Riley & Co. Morning Notes: API, ARTX, BRKS, EVOL, GFN, GLUU, PII, RDA, RLD, SBH, SMTC, VIAB
  • 11/12/13 Update ARTX ($2.10, Buy; $3.70 PT): Bookings, Business Momentum Carry Q3 Beat, Including $0.09 Pro Forma EPS vs. $0.02 Projection
  • 11/11/13 Morning Note B. Riley & Co. Morning Notes: AMAT, ARTX, BIRT, COTY, DIS, LGF, LLNW, Media (BTN, CKEC, CIDM, CNK, DCIN, IMAX, MCS, NCMI, RLD, RGC), RLD, TTGT, VSAT, XOXO
  • 11/11/13 Update ARTX ($1.96, Buy; $3.70 PT): Earnings Preview: Expect Bookings, Business Momentum to Carry Day
  • 10/02/13 Morning Note B. Riley & Co. Morning Notes: ARTX, BTN, CAMP, DIS, DORM, EVOL, INTC, UNTD, VLTR
  • 10/01/13 Initiation of Coverage ARTX ($1.75, Buy; $3.70 PT): Value Simulation Play with Power Systems Upside; Initiating Coverage on Arotech Corporation with Buy Rating and $3.70 Price Target
  • 12/13/11 Morning Note B. Riley & Co. Morning Notes: ARTX, MPAA
  • 09/22/11 Morning Note B. Riley & Co. Morning Notes: ATNY, ARTX, CVU, DRCO, GSM, KAMN, KEYW, KTOS, OMEX, PPC, SABA, SPA, STMP, SYMM, VSAT, WYY
  • 09/22/11 Update B. Riley & Co. Defense & Cybersecurity Conference 2011: Notes & Highlights
  • 09/09/11 Morning Note B. Riley & Co. Morning Notes: ARTX, BC, CALD, CVU, SIX, SPA
  • 09/09/11 Flash Report ARTX (Flash Research): Recently increased FY '11 and '12 guidance reflects significant near-term growth potential
  • 06/23/10 Morning Note B. Riley & Co. Morning Notes: ARTX, DRCO, PRSP, Semiconductor Industry, TCBI