Elbit Systems (NASDAQ:ESLT – Get Free Report) issued its quarterly earnings data on Tuesday. The aerospace company reported $2.66 EPS for the quarter, topping the consensus estimate of $1.95 by $0.71, Zacks reports. Elbit Systems had a net margin of 4.00% and a return on equity of 11.34%.
Elbit Systems Stock Performance
Shares of Elbit Systems stock opened at $369.26 on Tuesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.15 and a quick ratio of 0.64. The stock has a market capitalization of $16.42 billion, a price-to-earnings ratio of 63.12 and a beta of 0.53. The business has a 50-day moving average of $310.09 and a 200 day moving average of $256.37. Elbit Systems has a 12 month low of $175.30 and a 12 month high of $391.57.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut Elbit Systems from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 25th.
About Elbit Systems
Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel. The company operates through Aerospace, C4I and Cyber, ISTAR and EW, Land, and Elbit Systems of America segments.
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