Elbit Systems Ltd (NASDAQ:ESLT) has been assigned an average rating of “Buy” from the five brokerages that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

Several analysts recently weighed in on the company. Standpoint Research upgraded Elbit Systems from a “hold” rating to a “buy” rating in a report on Tuesday, August 14th. BidaskClub lowered Elbit Systems from a “hold” rating to a “sell” rating in a report on Friday, July 20th. Finally, TheStreet lowered Elbit Systems from a “b” rating to a “c+” rating in a report on Tuesday, May 29th.

Shares of ESLT traded up $0.97 during mid-day trading on Friday, hitting $129.68. 2,909 shares of the stock were exchanged, compared to its average volume of 29,030. The stock has a market capitalization of $5.52 billion, a price-to-earnings ratio of 20.79 and a beta of 0.89. Elbit Systems has a 52-week low of $111.01 and a 52-week high of $153.13. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.36 and a quick ratio of 0.84.

Elbit Systems (NASDAQ:ESLT) last issued its quarterly earnings data on Thursday, August 16th. The aerospace company reported $1.35 earnings per share (EPS) for the quarter. The business had revenue of $892.17 million for the quarter. Elbit Systems had a return on equity of 15.26% and a net margin of 7.74%.

A number of large investors have recently added to or reduced their stakes in ESLT. Financial Gravity Wealth Inc. purchased a new stake in Elbit Systems during the 1st quarter valued at $127,000. Paloma Partners Management Co bought a new position in Elbit Systems in the 2nd quarter valued at $229,000. A.R.T. Advisors LLC grew its position in Elbit Systems by 28.0% in the 1st quarter. A.R.T. Advisors LLC now owns 3,200 shares of the aerospace company’s stock valued at $389,000 after acquiring an additional 700 shares during the last quarter. Voya Investment Management LLC grew its position in Elbit Systems by 13.3% in the 2nd quarter. Voya Investment Management LLC now owns 4,030 shares of the aerospace company’s stock valued at $473,000 after acquiring an additional 473 shares during the last quarter. Finally, Barclays PLC grew its position in Elbit Systems by 1,146.4% in the 1st quarter. Barclays PLC now owns 4,350 shares of the aerospace company’s stock valued at $528,000 after acquiring an additional 4,001 shares during the last quarter. Institutional investors own 8.25% of the company’s stock.

About Elbit Systems

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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