Elbit Systems Ltd (NASDAQ: ESLT) has reported earnings for its second fiscal quarter (ending June 30) of $1.76 versus $1.41 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $5.47 compared to $6.00 a year ago.
Recent Price Action
On 8/14/24, Elbit Systems Ltd (NASDAQ: ESLT) stock enjoyed a large increase of 3.4%, closing at $196.44. Moreover, trading volume in this advance was unusually high at 162% of normal. Relative to the market the stock has been weak over the last nine months but has risen 9.0% 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 F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Elbit Systems has a slightly negative Power Rating of 32 and a poor Appreciation Score of 21, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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