Elbit Systems (ESLT) Set to Announce Earnings on Tuesday

Elbit Systems (NASDAQ:ESLT) will be announcing its earnings results before the market opens on Tuesday, November 28th. Analysts expect the company to announce earnings of $1.71 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Elbit Systems Stock Performance

Shares of Elbit Systems stock opened at $202.47 on Tuesday. Elbit Systems has a one year low of $162.01 and a one year high of $225.22. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.65 and a current ratio of 1.11. The company has a market capitalization of $8.96 billion, a PE ratio of 33.91 and a beta of 0.56. The company has a 50-day simple moving average of $197.27 and a two-hundred day simple moving average of $201.83.

Institutional Investors Weigh In On Elbit Systems

Large investors have recently bought and sold shares of the company. Lazard Asset Management LLC acquired a new position in shares of Elbit Systems during the 2nd quarter worth approximately $53,000. Tower Research Capital LLC TRC raised its stake in Elbit Systems by 30.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 324 shares of the aerospace company’s stock valued at $68,000 after purchasing an additional 75 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of Elbit Systems by 14.9% in the 1st quarter. Captrust Financial Advisors now owns 695 shares of the aerospace company’s stock worth $153,000 after acquiring an additional 90 shares during the last quarter. Advisors Asset Management Inc. increased its stake in shares of Elbit Systems by 135.5% in the 4th quarter. Advisors Asset Management Inc. now owns 1,227 shares of the aerospace company’s stock worth $201,000 after acquiring an additional 706 shares during the last quarter. Finally, West Family Investments Inc. acquired a new stake in shares of Elbit Systems in the 1st quarter worth $209,000. Hedge funds and other institutional investors own 24.08% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Elbit Systems in a report on Thursday, October 5th. They set a “buy” rating on the stock.

Elbit Systems Company Profile

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.