Elbit Systems Ltd (NASDAQ: ESLT) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.68 versus $1.92 for the same period a year ago. For the latest four quarters through December 31, E.P.S. were $4.85 compared to $6.21 a year ago.
Recent Price Action
On 3/26/24, Elbit Systems Ltd (NASDAQ: ESLT) stock rose slightly by 0.2%, closing at $204.57. Moreover, trading volume in this advance was unusually high at 162% of normal. The stock has risen 2.0% during the last week and has performed in line with 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 D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Elbit Systems has a poor Appreciation Score of 30 but a neutral Power Rating of 56, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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