Elbit Systems (NASDAQ:ESLT – Get Free Report) was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued on Wednesday.
Elbit Systems Stock Down 0.3 %
Shares of ESLT traded down $0.52 during mid-day trading on Wednesday, hitting $179.98. 33,095 shares of the company’s stock were exchanged, compared to its average volume of 23,108. The stock’s 50-day moving average is $186.01 and its 200-day moving average is $198.55. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.66 and a current ratio of 1.16. Elbit Systems has a fifty-two week low of $175.30 and a fifty-two week high of $225.64. The company has a market cap of $8.00 billion, a price-to-earnings ratio of 35.43 and a beta of 0.53.
Elbit Systems (NASDAQ:ESLT – Get Free Report) last released its earnings results on Tuesday, May 28th. The aerospace company reported $1.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $0.21. Elbit Systems had a net margin of 3.70% and a return on equity of 10.14%. The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period in the prior year, the business earned $1.70 EPS. On average, sell-side analysts anticipate that Elbit Systems will post 7.45 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Elbit Systems
Elbit Systems Company Profile
Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel. The company operates through Aerospace, C4I and Cyber, ISTAR and EW, Land, and Elbit Systems of America segments.
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