Stock Rating Downgrade
The Value Trend Rating for Elbit Systems Ltd (NASDAQ: ESLT) weakened recently from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Elbit Systems Ltd (NASDAQ: ESLT) stock declined modestly by -1.2% on 4/12/24. The stock closed at $195.90. However, exceptionally low trading volume at 44% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -2.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ESLT is expected to continue to be an important Value Builder.
Elbit Systems has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock's attractiveness. Elbit Systems has a poor Appreciation Score of 20 but a neutral Power Rating of 53, with the Negative Value Trend Rating the result.