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NASDAQ:ESLT

Elbit Systems (ESLT) Stock Price, News & Analysis

$207.88
-2.65 (-1.26%)
(As of 10/23/2024 ET)

About Elbit Systems Stock (NASDAQ:ESLT)

Key Stats

Today's Range
$207.71
$209.68
50-Day Range
$191.84
$213.54
52-Week Range
$175.30
$225.64
Volume
10,995 shs
Average Volume
23,122 shs
Market Capitalization
$9.24 billion
P/E Ratio
38.21
Dividend Yield
0.80%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. It also offers military aircraft and helicopter systems; commercial aviation systems and aerostructures; unmanned aircraft systems; electro-optic, night vision, and countermeasures systems; naval systems; land vehicle systems; munitions, such as precision munitions for land, air, and sea applications; command, control, communications, computer, intelligence, surveillance and reconnaissance, and cyber systems; electronic warfare and signal intelligence systems; and other commercial activities. In addition, the company manufactures and sells data links and radio communication systems and equipment, and cyber intelligence, autonomous, and homeland security solutions. Further, it provides various electronic warfare and signal intelligence systems, and laser systems; armored vehicle and other platforms survivability and protection systems, artillery, and mortar systems, as well as provides various training and support services. Additionally, the company offers products and systems solutions to military, homeland security, medical instrumentation, and commercial aviation clients. It markets its systems and products as a prime contractor or subcontractor to various governments and companies. It also has operations in Israel, North America, Europe, Latin America, the Asia-Pacific, and internationally. The company was incorporated in 1966 and is based in Haifa, Israel.

Elbit Systems Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
48th Percentile Overall Score

ESLT MarketRank™: 

Elbit Systems scored higher than 48% of companies evaluated by MarketBeat, and ranked 24th out of 44 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Elbit Systems are expected to grow by 8.97% in the coming year, from $7.80 to $8.50 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Elbit Systems is 38.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.40.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Elbit Systems is 38.21, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 31.44.

  • Price to Book Value per Share Ratio

    Elbit Systems has a P/B Ratio of 3.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Elbit Systems' valuation and earnings.
  • Percentage of Shares Shorted

    0.25% of the float of Elbit Systems has been sold short.
  • Short Interest Ratio / Days to Cover

    Elbit Systems has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Elbit Systems has recently decreased by 22.47%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Elbit Systems has a dividend yield of 0.78%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Elbit Systems does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Elbit Systems is 32.68%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Elbit Systems will have a dividend payout ratio of 19.53% next year. This indicates that Elbit Systems will be able to sustain or increase its dividend.

  • Read more about Elbit Systems' dividend.
  • Percentage of Shares Shorted

    0.25% of the float of Elbit Systems has been sold short.
  • Short Interest Ratio / Days to Cover

    Elbit Systems has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Elbit Systems has recently decreased by 22.47%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Elbit Systems has a news sentiment score of 0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Aerospace companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Elbit Systems this week, compared to 3 articles on an average week.
  • Search Interest

    Only 2 people have searched for ESLT on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added Elbit Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Elbit Systems insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.84% of the stock of Elbit Systems is held by insiders.

  • Percentage Held by Institutions

    Only 17.88% of the stock of Elbit Systems is held by institutions.

  • Read more about Elbit Systems' insider trading history.
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ESLT Stock News Headlines

Head to Head Contrast: Loar (NYSE:LOAR) vs. Elbit Systems (NASDAQ:ESLT)
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ESLT Stock Analysis - Frequently Asked Questions

Elbit Systems' stock was trading at $213.25 at the beginning of 2024. Since then, ESLT stock has decreased by 2.5% and is now trading at $207.88.
View the best growth stocks for 2024 here
.

Elbit Systems Ltd. (NASDAQ:ESLT) posted its earnings results on Wednesday, August, 14th. The aerospace company reported $2.08 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.31. The aerospace company earned $1.63 billion during the quarter, compared to analysts' expectations of $1.57 billion. Elbit Systems had a net margin of 3.85% and a trailing twelve-month return on equity of 10.70%.

Elbit Systems subsidiaries include these companies: Sparton Corporation, BAE Systems Rokar International, IMI SYSTEMS LTD, Universal Avionics Systems Corporation, Cyberbit, CYBERBIT LTD, BVR Systems, and others.

Top institutional shareholders of Elbit Systems include Bfsg LLC (0.05%), Cardinal Capital Management (0.03%), Creative Planning (0.01%) and Spectrum Asset Management Inc. NB CA (0.01%).

Shares of ESLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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Based on aggregate information from My MarketBeat watchlists, some other companies that Elbit Systems investors own include Hawkins (HWKN), Rambus (RMBS), Saia (SAIA), Enovix (ENVX), NVIDIA (NVDA), Globant (GLOB) and Broadcom (AVGO).

Company Calendar

Last Earnings
8/14/2024
Ex-Dividend for 10/28 Dividend
10/15/2024
Today
10/24/2024
Dividend Payable
10/28/2024
Next Earnings (Estimated)
11/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Aircraft parts & equipment, not elsewhere classified
Sub-Industry
Aircraft
Current Symbol
NASDAQ:ESLT
Employees
18,984
Year Founded
1967

Profitability

Net Income
$215.13 million
Pretax Margin
4.05%

Debt

Sales & Book Value

Annual Sales
$6.31 billion
Cash Flow
$10.48 per share
Book Value
$66.66 per share

Miscellaneous

Free Float
44,081,000
Market Cap
$9.24 billion
Optionable
Optionable
Beta
0.53

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This page (NASDAQ:ESLT) was last updated on 10/24/2024 by MarketBeat.com Staff
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