Elbit Systems (NASDAQ:ESLT) was downgraded by equities researchers at BidaskClub from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Tuesday.
NASDAQ:ESLT traded down $0.28 on Tuesday, reaching $122.77. 9,321 shares of the company’s stock traded hands, compared to its average volume of 16,236. The company has a quick ratio of 0.87, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. The stock has a market cap of $5.26 billion, a PE ratio of 19.63 and a beta of 0.85. Elbit Systems has a 12 month low of $109.81 and a 12 month high of $151.91.
Elbit Systems (NASDAQ:ESLT) last posted its quarterly earnings results on Tuesday, November 20th. The aerospace company reported $1.63 EPS for the quarter. The business had revenue of $895.15 million for the quarter. Elbit Systems had a return on equity of 14.99% and a net margin of 7.61%.
Elbit Systems Company Profile
Elbit Systems Ltd. develops and supplies a range of airborne, land, and naval systems and products for defense, homeland security, and commercial aviation applications worldwide. The company offers military aircraft and helicopter systems; commercial aviation systems and aero structures; unmanned aircraft systems and unmanned surface vessels; electro-optic and countermeasures systems; land vehicle systems; command, control, communications, computer, and intelligence systems; electronic warfare and signal intelligence systems; and commercial cyber security products.
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