Somewhat Positive Media Coverage Somewhat Unlikely to Impact Elbit Systems (ESLT) Stock Price
Media stories about Elbit Systems (NASDAQ:ESLT) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Elbit Systems earned a news impact score of 0.15 on Accern’s scale. Accern also gave media headlines about the aerospace company an impact score of 45.7753863550141 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of equities analysts have recently weighed in on ESLT shares. Zacks Investment Research upgraded Elbit Systems from a “hold” rating to a “strong-buy” rating and set a $176.00 price target for the company in a report on Tuesday, October 17th. Standpoint Research cut Elbit Systems from an “accumulate” rating to a “hold” rating in a report on Thursday, October 5th. ValuEngine upgraded Elbit Systems from a “hold” rating to a “buy” rating in a report on Wednesday, September 6th. Finally, BidaskClub cut Elbit Systems from a “strong-buy” rating to a “buy” rating in a report on Friday, July 28th. Three research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $143.00.
Elbit Systems (ESLT) opened at 148.62 on Wednesday. The stock has a market capitalization of $6.35 billion, a PE ratio of 26.63 and a beta of 0.61. Elbit Systems has a 12-month low of $94.91 and a 12-month high of $153.13. The stock’s 50 day moving average price is $147.27 and its 200-day moving average price is $131.13.
Elbit Systems (NASDAQ:ESLT) last released its earnings results on Tuesday, August 15th. The aerospace company reported $1.61 EPS for the quarter. The firm had revenue of $818.30 million during the quarter. Elbit Systems had a return on equity of 16.38% and a net margin of 7.23%. Analysts expect that Elbit Systems will post $6.27 earnings per share for the current year.
About Elbit Systems
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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