TASE:ARDElectronic
Arad (TASE:ARD) Stock Can Firmer Margins Rekindle Confidence
Arad stock has been drifting lower in recent weeks, yet the latest earnings print tells a more upbeat story on profitability. The key headline is margin resilience. Q2 net income reached US$11.03m on revenue of US$110.48m, which supports a trailing net profit margin of 7.7% compared with 6.7% a year earlier. Earnings per share over the last twelve months sit at US$1.34, against a trailing P/E of 12.5x that is below both peers and the local market. The market is treating Arad cautiously, while...