Elbit Systems Ltd (NASDAQ: ESLT) has reported earnings for its third fiscal quarter (ending September 30) of $1.37 versus $1.27 for the same period a year ago — an increase of 8%. Relative to the consensus estimate of $1.70, this was a shortfall of $-0.33. For the latest four quarters through September 30, E.P.S. were $6.09 versus $4.48 for the same period a year ago — an increase of 36%.
Recent Price Action
Elbit Systems Ltd (NASDAQ: ESLT) stock closed at $207.81 on 11/28/23 after a large decline of -2.2%. The stock has risen 4.7% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ESLT is expected to continue to be a Value Builder.
Elbit Systems has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Elbit Systems has a poor Appreciation Score of 26 but a good Power Rating of 77, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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