Elbit Systems Ltd (ESLT) Receives Consensus Rating of “Hold” from Analysts

Elbit Systems Ltd (NASDAQ:ESLT) has earned a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.

Analysts have set a 12-month consensus price target of $131.00 for the company, according to Zacks. Zacks has also given Elbit Systems an industry rank of 110 out of 265 based on the ratings given to its competitors.

Several research analysts have recently issued reports on ESLT shares. Zacks Investment Research upgraded shares of Elbit Systems from a “sell” rating to a “hold” rating in a research note on Friday, January 19th. BidaskClub cut shares of Elbit Systems from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 12th. Finally, ValuEngine raised shares of Elbit Systems from a “hold” rating to a “buy” rating in a report on Sunday, December 31st.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. purchased a new stake in Elbit Systems during the fourth quarter valued at approximately $142,000. Ladenburg Thalmann Financial Services Inc. increased its holdings in Elbit Systems by 188.9% during the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,124 shares of the aerospace company’s stock valued at $149,000 after buying an additional 735 shares during the last quarter. Wealthcare Advisory Partners LLC purchased a new stake in Elbit Systems during the third quarter valued at approximately $198,000. First Personal Financial Services increased its holdings in Elbit Systems by 431.5% during the fourth quarter. First Personal Financial Services now owns 1,366 shares of the aerospace company’s stock valued at $182,000 after buying an additional 1,109 shares during the last quarter. Finally, Macquarie Group Ltd. purchased a new stake in Elbit Systems during the third quarter valued at approximately $206,000. 11.26% of the stock is owned by hedge funds and other institutional investors.

Shares of Elbit Systems (NASDAQ ESLT) traded down $0.01 during midday trading on Friday, hitting $149.14. 10,800 shares of the stock traded hands, compared to its average volume of 46,269. The company has a market capitalization of $6,375.44, a P/E ratio of 26.92 and a beta of 0.75. Elbit Systems has a 52-week low of $110.12 and a 52-week high of $153.13. The company has a current ratio of 1.26, a quick ratio of 0.82 and a debt-to-equity ratio of 0.15.

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Elbit Systems Company Profile

Elbit Systems Ltd. is an international technology company engaged in a range of programs across the world. The Company develops and supplies a portfolio of airborne, land and naval systems and products for defense, homeland security and commercial aviation applications. Its systems and products are installed on new platforms, and it also performs platform modernization programs.

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