Elbit Systems Ltd. Hits New 52-Week High at $47.99 (ESLT)
Shares of Elbit Systems (NASDAQ:ESLT) hit a new 52-week high on Monday, AR Network reports. The company traded as high as $47.99 and last traded at $47.71, with a volume of 44,172 shares trading hands. The stock had previously closed at $47.15.
A number of analysts have recently weighed in on ESLT shares. Analysts at Zacks upgraded shares of Elbit Systems (NASDAQ:ESLT) from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, August 27th. They now have a $50.30 price target on the stock.
Elbit Systems has a 52-week low of $32.10 and a 52-week high of $47.99. The stock’s 50-day moving average is $45.08 and its 200-day moving average is $43.17. The company has a market cap of $2.006 billion and a P/E ratio of 10.58.
Elbit Systems (NASDAQ:ESLT) last issued its quarterly earnings data on Tuesday, August 13th. The company reported $1.19 EPS for the quarter. The company had revenue of $702.90 million for the quarter, compared to the consensus estimate of $676.40 million. Analysts expect that Elbit Systems will post $4.93 EPS for the current fiscal year.
Elbit Systems Ltd. (NASDAQ:ESLT) is an international defense electronics company engaged in a range of programs throughout the world.
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